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Daily Dividend Report: KSU, PF, UNH, MMM, MTB, AAN
Wednesday, August 16, 2:12 PM ET

Kansas City Southern (NYSE:KSU) approved an increase in the quarterly dividend on KCS's common stock from $0.33 to $0.36 per share. The board declared a common stock dividend at this increased amount payable on October 4, 2017, to stockholders of record at the close of business on September 11, 2017.

Pinnacle Foods (NYSE:PF) has approved a 14% increase in the Company's quarterly cash dividend, from $0.285 per share to $0.325 per share, effective with the Company's upcoming third quarter 2017 dividend. The upcoming dividend is payable on October 9, 2017 to shareholders of record at the close of business on August 29, 2017. On an annualized basis, the new dividend increases to $1.30 per share, from the previous annualized rate of $1.14 per share.

UnitedHealth Group (NYSE:UNH) authorized payment of a cash dividend of $0.75 per share, to be paid on September 19, 2017, to all shareholders of record of UnitedHealth Group common stock as of the close of business on September 8, 2017.

The 3M Board of Directors (NYSE:MMM) declared a dividend on the company's common stock of $1.175 per share for the third quarter of 2017, payable Sept. 12, 2017, to shareholders of record at the close of business on Aug. 25, 2017.

M&T Bank Corporation (NYSE:MTB) announced that it has declared a quarterly cash dividend of $.75 per share on its common stock. The dividend will be payable September 29, 2017 to shareholders of record at the close of business on September 1, 2017.

Aaron's (NYSE:AAN) has declared a quarterly cash dividend. The dividend declared is $.0275 per share on Common Stock, payable October 2, 2017 to shareholders of record as of the close of business on September 15, 2017.

For MarketNewsVideo.com, I'm Sayoko Murase.

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