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Movado Group (MOV) approved an increase in the Company's quarterly cash dividend to $0.20 from $0.13 for each share of the Company's outstanding common stock and class A common stock. The first such dividend will be paid on April 25, 2018 to all shareholders of record as of the close of business on April 11, 2018.

McCormick & Company (MKC) declared a quarterly dividend of $0.52 per share on its common stocks payable April 23, 2018, to shareholders of record on April 9, 2018. McCormick's current annualized dividend rate of $2.08 per share represents an increase of 11% over the annual dividend of $1.88 per share paid in fiscal year 2017.

Science Applications International Corporation (SAIC) declared a cash dividend of $0.31 per share of the Company's common stock payable on April 27, 2018 to stockholders of record on April 13, 2018.

Worthington Industries (WOR) has declared a quarterly dividend of $0.21 per share. The dividend is payable on June 29, 2018, to shareholders of record June 15, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.