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Daily Dividend Report: CB, WMB, XEL, PPL, MTB
Thursday, February 22, 4:43 PM ET

Chubb declared a quarterly dividend equal to $0.71 per share, payable on April 20, 2018 to shareholders of record at the close of business on March 29, 2018.

Williams' (NYSE:WMB) board of directors has approved a regular dividend of $0.34 per share, or $1.36 annualized, on the company's common stock, payable on March 26, 2018, to holders of record at the close of business on March 9, 2018. The new amount is a 13.33 percent increase from Williams' first-quarter 2017 quarterly dividend of $0.30 per share, paid in March 2017.

Xcel Energy (NYSE:XEL) raised the quarterly dividend on the company's common stock from 36 cents per share to 38 cents per share, which is equivalent to an annual rate of $1.52 per share. The dividends are payable April 20, 2018, to shareholders of record on March 15, 2018.

PPL announced that it is increasing its common stock dividend to $0.41 per share on a quarterly basis, raising the annualized dividend about 4 percent from $1.58 per share to $1.64 per share. The increased dividend will be payable April 2 to shareowners of record as of March 9.

M&T Bank (NYSE:MTB) announced that it has declared a quarterly cash dividend of $.75 per share on its common stock. The dividend will be payable March 30, 2018 to shareholders of record at the close of business on March 5, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.

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