CN (NYSE:CNI) announced today that its Board of Directors has approved a second-quarter 2014 dividend on the Company's common shares outstanding. A quarterly dividend of twenty-five cents per common share Canadian will be paid on June 30, 2014, to shareholders of record at the close of business on June 9, 2014.
MarkWest Energy Partners (MWE) declared a cash distribution of $0.87 per common unit for the first quarter of 2014, for an implied annual rate of $3.48 per common unit. The first quarter 2014 distribution represents an increase of $0.04 per common unit, or 4.8 percent, compared to the first quarter 2013 distribution and an increase of $0.01 per common unit, or 1.2 percent, compared to the fourth quarter 2013 distribution. The first quarter 2014 distribution is payable May 15, 2014, to unitholders of record on May 7, 2014. The ex-dividend date is May 5, 2014.
Sunoco Logistics Partners (SXL) announced that Sunoco Partners LLC, its general partner, has declared a cash distribution for the first quarter 2014 of $0.6950 per common unit to be paid on May 15, 2014 to unit holders of record on May 9, 2014. This represents a 5 percent increase over the fourth quarter 2013 cash distribution of $0.6625 per common unit and a 21 percent increase over the first quarter 2013 cash distribution of $0.5725 per common unit.
The Board of Directors of Comerica increased the quarterly cash dividend for common stock five percent to 20 cents per share. The dividend is payable July 1, 2014, to common stock shareholders of record June 13, 2014.
And, DuPont declared a second quarter common stock dividend of 45 cents per share payable June 12, 2014, to stockholders of record May 15, 2014. This dividend is the same as what was paid in the first quarter 2014. This is the 439th consecutive quarterly dividend since the company's first dividend in the fourth quarter of 1904.
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