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Daily Dividend Report: NOC, WRB, PPL, FL, MTB
Wednesday, May 17, 12:34 PM ET

The board of directors of Northrop Grumman declared a quarterly dividend of $1.00 per share on Northrop Grumman common stock, an 11 percent increase from the prior quarterly dividend of $0.90 per share. This is the 14th consecutive annual increase in Northrop Grumman's common stock dividend. The dividend is payable June 21, 2017, to shareholders of record as of the close of business June 5, 2017.

W. R. Berkley announced today that its Board of Directors has voted to increase the regular cash dividend on its common stock to an annual rate of 56 cents per share, representing a 7.7% increase from the present rate. The first quarterly dividend at the new rate of 14 cents per share will be paid on July 5, 2017 to stockholders of record at the close of business on June 15, 2017.

PPL declared a quarterly common stock dividend on Wednesday, May 17, of $0.395 per share, payable July 3, 2017, to shareowners of record as of June 9, 2017.

Foot Locker, the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.31 per share, which will be payable on July 28, 2017 to shareholders of record on July 14, 2017.

M&T Bank announced that it has declared a quarterly cash dividend of $.75 per share on its common stock. The dividend will be payable June 30, 2017 to shareholders of record at the close of business on June 1, 2017.

For MarketNewsVideo.com, I'm Sayoko Murase.

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