By Dividend Channel Staff, Wednesday, October 27, 11:03 AM ET
Yesterday afternoon, JM Smucker (NYSE:SJM) declared its quarterly dividend of 40 per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 2.6% going forward.
Among dividend increases, Aflac Incorporated (NYSE:AFL) announced its quarterly dividend of 30 cents per share, an increase of about 7% over its prior dividend in August of 28 cents. Legg Mason Incorporated (NYSE:LM) announced its quarterly dividend of 6 cents per share, an increase of about 50% over its prior dividend in October of 4 cents. And Cintas Corporation (NASDAQ:CTAS) announced a dividend of 49 cents per share, an increase of about 2% over its prior dividend in February of 48 cents.
Among dividend reductions, PF Changs China Bistro Incorporated (PFCB) announced its quarterly dividend of 21 cents per share, a decrease of about 16% from its prior dividend in August of 25 cents.
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