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Daily Dividend Report: NEE, UPS, PEG, GPC, GE
Tuesday, February 19, 2:24 PM ET

NextEra Energy (NEE) declared a regular quarterly common stock dividend of $1.25 per share, up approximately 13 percent versus the prior-year comparable quarterly dividend. This increase is consistent with the plan announced in 2018 of targeting 12 to 14 percent annual growth in dividends per share through at least 2020, off a 2017 base. The dividend is payable on March 15, 2019, to shareholders of record on Feb. 28, 2019.

The UPS (UPS) Board of Directors increased its regularly quarterly dividend by 5.5% to $0.96 per share on all outstanding Class A and Class B shares. The dividend is payable March 12, 2019 to shareowners of record on Feb. 26, 2019.

Public Service Enterprise Group (PEG) declared a quarterly common stock dividend for the first quarter of 2019 of $0.47 per share payable on March 29, 2019 to shareholders of record on March 8, 2019. This action represents a $0.02 per share, or 4.4% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $1.88 per share.

Genuine Parts Company (GPC) announced today a 6% increase in the regular quarterly cash dividend for 2019. The Board of Directors of the Company, at its February 18, 2019 Board meeting, increased the cash dividend payable to an annual rate of $3.05 per share compared with the previous dividend of $2.88 per share. The quarterly cash dividend of seventy-six and one-quarter cents ($0.7625) per share is payable April 1, 2019 to shareholders of record March 8, 2019.

GE (GE) declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable April 25, 2019 to shareowners of record at the close of business on March 11, 2019. The ex-dividend date is March 8, 2019.

For MarketNewsVideo.com, I'm Sayoko Murase.

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