Daily Dividend Report: PCG, CBT, MRK, ALL, HRL, THG Tuesday, May 24, 3:55 PM ET
PG&E Corporation (NYSE:PCG) announced that it is raising its quarterly common stock dividend to 49 cents per share, an increase of 3.5 cents per share, beginning with dividends for the second quarter of 2016. PG&E Corporation's second quarter common stock dividend of $0.49 per share is payable on July 15, 2016, to shareholders of record on June 30, 2016.
Cabot Corporation (NYSE:CBT) increased the quarterly dividend on the Company's common stock to $0.30 per share from $0.22 per share, representing a 36 percent increase. The dividend is payable on June 10, 2016 to shareholders of record at the close of business on May 27, 2016.
Merck (NYSE:MRK) has declared a quarterly dividend of $0.46 per share of the company's common stock for the third quarter of 2016. Payment will be made on July 8, 2016 to shareholders of record at the close of business on June 15, 2016.
The Allstate Corporation declared a quarterly dividend of 33 cents on each outstanding share of the corporation's common stock, payable in cash on July 1, 2016, to stockholders of record at the close of business on June 3, 2016.
Hormel Foods Corporation (NYSE:HRL) announced that its quarterly dividend on the common stock, authorized by the Board of Directors at fourteen and a half cents a share on May 23, 2016, will be paid August 15, 2016, to stockholders of record at the close of business on July 18, 2016.
The Hanover Insurance Group (NYSE:THG) declared a quarterly dividend of $0.46 per share on the issued and outstanding common stock of the company, payable June 24, 2016, to shareholders of record at the close of business on June 10, 2016.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.