After the bell yesterday, FedEx (NYSE:FDX) declared its quarterly dividend of 12 cents per share, an increase of about 9% over its prior dividend. Based on the current stock price, investors can expect a yield of about 0.6% going forward.
Shares of FDX were trading close to even on the news, down just 0.2% so far.
In other dividend news, Mastercard (NYSE:MA) maintained its quarterly dividend of 15 cents per share. Staples (NASDAQ:SPLS) maintained its quarterly dividend of 9 cents per share. Equity Residential (NYSE:EQR) maintained its quarterly dividend of 33.75 cents per share. And SL Green Realty (NYSE:SLG) maintained its quarterly dividend of 10 cents per share.
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