Kohls Corporation (NYSE:KSS) announced its quarterly dividend of 32 cents per share, an increase of about 28% over its prior dividend in December of 25 cents. The company also announced that profits beat analyst estimates. On the current stock prices, investors can expect a yield of approximately 2.5% on the stock.
Shares are lower by about 4.5 percent.
In other dividend news, National Oilwell Varco (NYSE:NOV) maintained its quarterly dividend of 12 cents per share. Newmont Mining Corporation (NYSE:NEM) maintained its quarterly dividend of 35 cents per share.
Among dividend increases, T Rowe Price Group Incorporated (NASDAQ:TROW) announced its quarterly dividend of 34 cents per share, an increase of about 10% over its prior dividend in December of 31 cents.
Among dividend reductions, Universal Insurance Holdings Incorporated (AMEX:UVE) announced a dividend of 10 cents per share, a decrease of about 29% from its prior dividend in December of 14 cents.
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