This morning, Wal-Mart (NYSE:WMT) declared its quarterly dividend of 48 cents per share, an increase of about 2% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.6% going forward. Shares of Wal-Mart were lower on Thursday, falling 1.4% so far.
In other dividend news, Pioneer Natural Resource (NYSE:PXD) maintained a dividend of 4 cents per share. PG&E (NYSE:PCG) maintained its quarterly dividend of 45.5 cents per share. Humana (NYSE:HUM) maintained its quarterly dividend of 27 cents per share. And M&T Bank (NYSE:MTB) maintained its quarterly dividend of 70 cents per share.
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