Honeywell today announced that its Board of Directors has approved an increase in the company's regular annual cash dividend from $3.60 to $3.72 per share. The increase will be effective starting with the fourth-quarter dividend of $0.93 per share, which was declared today, and is payable on December 4, 2020, out of surplus to holders of record at the close of business on November 13, 2020.
Sanderson Farms today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.44 per share, an increase of $0.12 per share per quarter. This represents a new annual dividend rate of $1.76 per share, or an annual increase of $0.48 per share. The regular quarterly cash dividend is payable October 20, 2020, to stockholders of record on October 6, 2020.
The Board of Directors of Lamb Weston Holdings, today declared a quarterly dividend of $0.23 per share of Lamb Weston common stock. The dividend is payable on Dec. 4, 2020 to stockholders of record at the close of business on Nov. 6, 2020.
MAA today announced that its board of directors approved a quarterly dividend payment of $1.00 per share of common stock to be paid on October 30, 2020 to shareholders of record on October 15, 2020. As established in prior quarters, the board of directors declared the quarterly common dividend in advance of MAA's earnings announcement that is expected to be made on October 28, 2020.
The First of Long Island announced today the declaration of a third quarter cash dividend in the amount of $.19 per share. This represents a 5.6% increase over the dividend of $.18 per share declared in the same quarter last year. The dividend will be paid on October 22, 2020 to shareholders of record on October 13, 2020.
For MarketNewsVideo.com, I'm Sayoko Murase.