Colgate-Palmolive (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 (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 (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 (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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