The Coca-Cola Company approved the Company's 54th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 33 cents to 35 cents per common share. This is equivalent to an annual dividend of $1.40 per share, up from $1.32 per share in 2015. The first quarterly dividend is payable April 1, 2016, to shareowners of record as of March 15, 2016.
The Xcel Energy (NASDAQ:XEL) board of directors raised the quarterly dividend on the company's common stock from 32 cents per share to 34 cents per share, which is equivalent to an annual rate of $1.36 per share. The Board declared the first quarter common stock dividend payable April 20, 2016, to shareholders of record on March 15, 2016.
Digital Realty authorized a cash dividend of $0.88 per share to common stockholders of record as of the close of business on March 15, 2016. The common stock cash dividend will be paid on March 31, 2016.
Occidental Petroleum Corporation (NYSE:OXY) has declared a regular quarterly dividend as well as a special stock dividend for the common stock of California Resources Corporation. The Board declared a regular quarterly dividend of $.75 per share on common stock payable on April 15, 2016, to stockholders of record as of March 10, 2016, the record date for the cash dividend. The Board also declared a special stock dividend of all 71,500,000 shares of common stock of CRC owned by Occidental as the final step of the spin-off of CRC. The special stock dividend will be made on March 24, 2016, to stockholders of record as of February 29, 2016.
PG&E Corporation (NYSE:PCG) declared its first-quarter 2016 regular cash dividend of 45.5 cents per share on the Corporation's common stock. The dividend is payable on April 15, 2016, to shareholders of record on March 31, 2016.
Coach (COH) has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on March 28, 2016 to shareholders of record as of the close of business on March 4, 2016.
Tiffany & Co. (TIF) has declared a regular quarterly dividend of $0.40 per share of Common Stock. The dividend will be paid on April 11, 2016 to shareholders of record on March 21, 2016.
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