Daily Dividend Report: MWA, MET, PAA, GPN, AYI, PAGP
Monday, January 9, 2:46 PM ET

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MetLife (NYSE:MET) has declared a first quarter 2017 common stock dividend of $0.40 per share. The dividend will be payable on March 13, 2017, to shareholders of record as of Feb. 6, 2017.

Plains All American Pipeline (NASDAQ:PAA) and Plains GP Holdings (NASDAQ:PAGP) announced their quarterly distributions with respect to the fourth quarter of 2016. The distributions will be payable on February 14, 2017 to holders of record of each security at the close of business on January 31, 2017.

PAA announced a quarterly cash distribution of $0.55 per common unit, which is unchanged from the quarterly distribution paid in November 2016. Additionally, PAA announced a payment-in-kind of the quarterly distribution with respect to its Series A Preferred Units, which will result in the issuance of an additional 1,287,773 Series A Preferred Units. The PIK amount equates to a quarterly distribution of $0.525 per Series A Preferred Unit, or $2.10 annualized.

PAGP announced a quarterly cash distribution of $0.55 per Class A share, which is unchanged from the quarterly distribution paid in November 2016 on a reverse split adjusted basis.

Global Payments approved a quarterly dividend of $0.01 per share payable February 24, 2017 to shareholders of record as of February 10, 2017. The board also approved an increase to the existing authorization for the company's share repurchase program, raising the total available authorization to $300 million.

The Board of Directors of Acuity Brands (NYSE:AYI) declared a quarterly dividend of 13 cents per share. The dividend is payable on February 1, 2017 to shareholders of record on January 23, 2017.

For MarketNewsVideo.com, I'm Sayoko Murase.