U.S. Bancorp (USB) has approved a 23 percent increase in the dividend rate on U.S. Bancorp common stock to $0.37 on a quarterly basis, payable October 15, 2018, to stockholders of record at the close of business on September 28, 2018. At this quarterly dividend rate, the annual dividend will be equivalent to $1.48 per common share.
Oracle declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on October 16, 2018, with a payment date of October 30, 2018.
FirstEnergy Corp. (FE) declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable December 1, 2018, to shareholders of record at the close of business on November 7, 2018.
Pentair (PNR) announced that it will pay a regular quarterly cash dividend of $0.175 per share on November 2, 2018 to shareholders of record at the close of business on October 19, 2018.
Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. The dividend will be paid on October 16, 2018 to shareholders of record as of September 28, 2018.
For MarketNewsVideo.com, I'm Sayoko Murase.