This morning, WW Grainger (NYSE: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 (NYSE:ETN) maintained its quarterly dividend of 34 cents per share. Rogers Communications (NYSE:RCI) maintained its quarterly dividend of 35.5 cents per share. And Altera (NASDAQ:ALTR) maintained its quarterly dividend of 6 cents per share.
Among dividend increases, Coca Cola Enterprises (NYSE: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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