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DMC Global today announced it has increased its annual cash dividend to $0.50 per share from $0.08 per share. The dividend will be paid quarterly at a rate of $0.125 per share, with the next payment scheduled for October 15, 2019, to shareholders of record as of September 30, 2019. The increase more than restores a $0.16 annual dividend that was reduced in 2015 following the downturn in the oil and gas industry.

The board of directors of Johnson Controls International, has approved a regular quarterly cash dividend of $0.26 per common share payable on Oct. 4, 2019, to shareholders of record at the close of business on Sept. 16, 2019. Johnson Controls has paid a consecutive dividend since 1887.

Vistra Energy announced today that its Board of Directors has declared a quarterly dividend of $0.125 per share of Vistra's common stock, or $0.50 per share on an annualized basis. The dividend is payable on September 30, 2019 to shareholders of record as of September 16, 2019. The ex-dividend date will be September 13, 2019.

The Board of Directors of Synovus Financial has declared the following quarterly dividends: $0.30 per share on the company's common stock, payable on October 1, 2019, to shareholders of record as of September 19, 2019.

The Board of Directors of Valmont Industries, has declared a quarterly dividend of 37.5 cents per share payable on October 15, 2019, to shareholders of record on September 27, 2019. The dividend indicates an annual rate of $1.50 per share.

For MarketNewsVideo.com, I'm Sayoko Murase.