This morning, the XL Group (NYSE:XL) declared its quarterly dividend of 11 cents per share, an increase of about 10% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.9%.
In afternoon trading, shares of the XL Group were about flat, down just a penny today.
In other dividend news, Kraft Foods (KFT) maintained its quarterly dividend of 29 cents per share. Public Storage (NYSE:PSA) maintained its quarterly dividend of 80 cents per share. Sysco (NYSE:SYY) maintained its quarterly dividend of 26 cents per share. And Coach (COH) maintained its quarterly dividend of 15 cents per share.
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.