This morning, Ford (NYSE:F) declared its quarterly dividend of 12.5 cents per share, an increase of 25% over its prior dividend. Based on the current stock price, investors can expect a yield of about 3.1% going forward. Shares of Ford were higher on the news, picking up 2.3% so far.
In other dividend news, Target (NYSE:TGT) maintained its quarterly dividend of 43 cents per share. Pentair (NYSE:PNR) maintained its quarterly dividend of 25 cents per share. And Signet Jewelers (NYSE:SIG) maintained its quarterly dividend of 15 cents per share.
Among dividend increases, Plains All American Pipeline (NYSE:PAA) announced its quarterly distribution of 61.5 cents per share, an increase of about 3%.
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