After the bell yesterday, General Mills (NYSE:GIS) announced its quarterly dividend of $0.47 per share. This amounts to a nine percent increase to the dividend and about a three and a half percent yield for investors.
In afternoon trading, shares of General Mills were trading lower by a little less than one half of one percent.
In other dividend news, trucking company Con-way (NYSE:CNW) maintained its quarterly dividend of 10 cents per share. Machinery manufacturer Idex Corporation (NYSE:IEX) maintained its quarterly dividend of 12 cents per share. And savings & loan, Washington Federal (WFSL), maintained its quarterly dividend of 5 cents per share.
Among dividend reductions, marketing firm Schawk (NYSE:SGK) announced its quarterly dividend of 1 cent per share, a decrease of about 70% over its prior dividend in April of 3.3 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.