This morning, WW Grainger (GWW) declared its quarterly dividend of 66 cents per share, an increase of about 22% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.8% going forward.
Shares of WW Grainger were modestly higher on the news, picking up 0.25% so far.
In other dividend news, Eaton (ETN) maintained its quarterly dividend of 34 cents per share. Rogers Communications (RCI) maintained its quarterly dividend of 35.5 cents per share. And Altera (ALTR) maintained its quarterly dividend of 6 cents per share.
Among dividend increases, Coca Cola Enterprises (CCE) announced its quarterly dividend of 13 cents per share, an increase of about 8% over its prior dividend in March of 12 cents.
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