Johnson & Johnson (JNJ) has declared a 5.6% increase in the quarterly dividend rate, from $0.90 per share to $0.95 per share. The next quarterly dividend is payable on June 11, 2019 to shareholders of record as of the close of business on May 28, 2019. The ex-dividend date is May 24, 2019.
Ball Corporation's (BLL) board of directors increased the company's quarterly cash dividend by 50 percent to 15 cents per share. The cash dividend of 15 cents per share is payable June 17, 2019, to shareholders of record as of June 3, 2019.
Magellan Midstream Partners (MMP) has increased the partnership's quarterly cash distribution to $1.005 per unit for the period Jan. 1 through March 31, 2019. The first-quarter 2019 distribution is 7% higher than the first-quarter 2018 distribution of 93.75 cents per unit and represents a 1% increase over the fourth-quarter 2018 distribution of 99.75 cents. The new distribution, which equates to $4.02 per unit on an annualized basis, will be paid May 15 to unitholders of record at the close of business on May 8.
Ameriprise Financial (AMP) increased the company's quarterly cash dividend by 8 percent, or $0.07 per diluted share, to $0.97 per diluted share payable on May 17, 2019 to shareholders of record at the close of business on May 6, 2019.
Avery Dennison (AVY) has increased the company's quarterly dividend. The board declared a quarterly cash dividend of $0.58 per share, representing a 6 cent, or approximately 12%, increase over the previous dividend rate. The dividend is payable June 19, 2019, to shareholders of record as of June 5, 2019.
Bank of America announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.15 per share, payable on June 28, 2019 to shareholders of record as of June 7, 2019.
For MarketNewsVideo.com, I'm Sayoko Murase.