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Daily Dividend Report: ALL, IP, FAST, NGLS, TRGP
Tuesday, July 12, 5:09 PM ET

This morning, Allstate (NYSE:ALL) declared its quarterly dividend of 21 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 2.8% going forward.

Shares of Allstate were higher on Tuesday, climbing 1.3% so far.

In other dividend news, International Paper (NYSE:IP) maintained its quarterly dividend of 26.25 cents per share. And Fastenal Company (NASDAQ:FAST) maintained its quarterly dividend of 13 cents per share.

Among dividend increases, Targa Resources Partners (NYSE:NGLS) announced its quarterly distribution of 57 cents per share, an increase of about 2% over its prior distribution in April. And Targa Resources Corporation (NYSE:TRGP) announced its quarterly dividend of 29 cents per share, an increase of about 6% over its prior dividend.

For MarketNewsVideo.com, I'm Sayoko Murase.

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