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The board of directors of Lowe's Companies has declared a quarterly cash dividend of one dollar and five cents per share, payable Nov. 2, 2022 to shareholders of record as of Oct. 19, 2022.

EastGroup Properties announced today that its Board of Directors approved a 13.6% increase in its quarterly dividend, raising it to $1.25 per share from $1.10 per share. The dividend is payable on October 14, 2022 to shareholders of record of Common Stock on September 30, 2022. This dividend is the 171st consecutive quarterly cash distribution to EastGroup's shareholders and represents an annualized dividend rate of $5.00 per share. EastGroup has increased or maintained its dividend for 30 consecutive years. The Company has increased it 27 years over that period, including increases in each of the last 11 years.

SpartanNash today announced that on August 24, 2022, its Board of Directors approved a quarterly cash dividend of $0.21 per common share. The dividend will be paid on September 30, 2022, to shareholders of record as of the close of business on September 15, 2022. As of August 25, 2022, there were 35,698,175 common shares outstanding.

The board of directors of Macy's today declared a regular quarterly dividend of 15.75 cents per share on Macy's, Inc.'s common stock, payable October 3, 2022, to shareholders of record at the close of business on September 15, 2022.

The Board of Directors of TriCo Bancshares, parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.30 per share on its common stock, no par value on August 25, 2022. This represents a $0.05 or 20% increase to the previous quarterly dividend. The dividend is payable on September 23, 2022 to holders of record on September 9, 2022.

For MarketNewsVideo.com, I'm Sayoko Murase.