Daily Dividend Report: HD, CMCSA, BMO, CTL, UFS, MLI
Tuesday, February 24, 2:23 PM ET

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Comcast Corporation (NASDAQ:CMCSA) increased its dividend by 11.1% to $1.00 per share on an annualized basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.25 a share on the company's common stock, payable on April 22, 2015 to shareholders of record as of the close of business on April 1, 2015.

Bank of Montreal (NYSE:BMO) declared a quarterly dividend of $0.80 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2015, unchanged from the previous quarter. The dividend on the common shares is payable on May 26, 2015, to shareholders of record on May 1, 2015. The dividends on the preferred shares are payable on May 25, 2015, to shareholders of record on May 1, 2015.

CenturyLink (CTL) declared a regular quarterly cash dividend of $0.54 per share, a portion of which will be payable out of capital surplus, on March 20, 2015, to shareholders of record on March 6, 2015.

Domtar Corporation (UFS) approved a 7% increase to its quarterly dividend (from $0.375 per share to $0.40 per share) on its common stock. The Board of Directors declared the dividend payable on April 15, 2015 to stockholders of record as of the close of business on April 2, 2015.

And, Mueller Industries (NYSE:MLI) has declared a regular quarterly cash dividend of 7.5 cents per share on its common stock. The dividend will be payable March 13, 2015, to shareholders of record on March 2, 2015.

For MarketNewsVideo.com, I'm Kristin Bianco.