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Daily Dividend Report: CVS, MMM, BA, LLY, KRFT, FITB, IFF
Tuesday, December 16, 4:38 PM ET

CVS Health (NYSE:CVS) approved a 27% increase in its quarterly cash dividend, to $0.35 per share on the common stock of the company. This increase translates to $1.40 per share annually, up 30 cents per share. The quarterly dividend is payable on February 2, 2015, to holders of record on January 22, 2015.

3M (NYSE:MMM) declared a dividend on the company's common stock of $1.025 per share for the first quarter of 2015, a 20 percent increase over the quarterly dividend paid in 2014. The dividend is payable Mar. 12, 2015, to shareholders of record at the close of business on Feb. 13, 2015. 3M has paid dividends to its shareholders without interruption for 98 years.

Boeing (NYSE:BA) increased the company's authorization for its share repurchase plan to $12 billion and declared that the company's regular quarterly dividend will increase by 25 percent to 91 cents per share. The dividend declared is payable March 6, 2015, to shareholders of record as of February 13, 2015.

Eli Lilly and Company (NYSE:LLY) announced a 2 percent increase in its quarterly dividend. The board has declared a dividend for the first quarter of 2015 of $0.50 per share on outstanding common stock. This raises the annual indicated rate to $2.00 per share. The dividend is payable March 10, 2015 to shareholders of record at the close of business on February 13, 2015.

Kraft Foods Group (KRFT) has declared a regular quarterly dividend of $0.55 per share of common stock, payable on Jan. 16, 2015, to shareholders of record on Dec. 26, 2014.

Fifth Third Bancorp (NASDAQ:FITB) declared a cash dividend on its common shares of $0.13 for the fourth quarter of 2014. The dividend is payable on January 21, 2015 to shareholders of record as of December 31, 2014.

And, International Flavors & Fragrances (NYSE:IFF) has declared a regular quarterly cash dividend of $0.47 per share of the Company's common stock, payable on January 9, 2015 to shareholders of record as of December 30, 2014.

For MarketNewsVideo.com, I'm Sayoko Murase.

Daily Dividend Report: CVS, MMM, BA, LLY, KRFT, FITB, IFF picture
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