Ralph Lauren Corporation (NYSE:RL) announced its quarterly dividend of 40 cents per share, an increase of about 100% over its prior dividend in March of 20 cents. The company also reported better-than-expected fourth quarter earnings. The new dividend will be paid on July 13 to shareholders of record as of June 29.
Shares are higher by about 3.8 percent.
In other dividend news, Ensco (NYSE:ESV) maintained its quarterly dividend of 37.5 cents per share. Hormel Foods Corporation (NYSE:HRL) maintained its quarterly dividend of 15 cents per share. Molson Coors Brewing Company (NYSE:TAP) maintained its quarterly dividend of 32 cents per share.
Among dividend increases, DSW Incorporated (NYSE:DSW) announced its quarterly dividend of 18 cents per share, an increase of about 20% over its prior dividend in March of 15 cents.
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