Colgate-Palmolive (NYSE:CL) increased the ongoing quarterly common stock cash dividend by 6%. The increase will be effective as of the second quarter, 2014. The new rate of $.36 per share is up from $.34. The Board declared that the second quarter dividend is to be paid on May 15, 2014 to shareholders of record as of April 22, 2014.
Target (NYSE:TGT) has declared a quarterly dividend of 43 cents per common share. The dividend is payable June 10, 2014 to shareholders of record at the close of business May 21, 2014.
Yum! Brands (NYSE:YUM) declared a dividend of $0.37 per share of common stock. The quarterly dividend will be distributed May 2, 2014, to shareholders of record at the close of business on April 11, 2014.
Safeway (SWY) declared a regular quarterly cash dividend of $0.20 per share. The cash dividend will be payable on April 10, 2014 to stockholders of record at the close of business on March 24, 2014.
And, Franklin Resources (NYSE:BEN) announced a quarterly cash dividend in the amount of $0.12 per share payable on April 11, 2014 to stockholders of record holding shares of common stock at the close of business on March 31, 2014. The quarterly dividend of $0.12 per share is equivalent to the dividend paid for the prior quarter and represents a 24% increase over the quarterly dividend paid for the same quarter last year.
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