Saratoga Investment, a business development company, today announced that its Board of Directors has declared an increased quarterly dividend of $0.48 per share for the fiscal quarter ended August 31, 2017, payable on September 26, 2017, to all stockholders of record at the close of business on September 15, 2017. This increase is the twelfth sequential increase to the Company's quarterly dividends. It has continued to pay quarterly dividends regularly throughout fiscal year 2018, including $0.46 per share for the quarter ended February 28, 2017, and $0.47 per share for the quarter ended May 31, 2017. These steady increases follow total dividends of $1.98 per share for the fiscal period ending February 28, 2017, representing four quarters' dividends and one special dividend.
The board of directors of Medtronic today approved the fiscal year 2018 second quarter cash dividend of $0.46 per ordinary share, representing a 7 percent increase over the prior year. This quarterly declaration is consistent with the dividend announcement made by the company in June 2017. Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 40 consecutive years. The dividend is payable on October 20, 2017, to shareholders of record at the close of business on September 29, 2017.
Extra Space Storage announced today that the Company's board of directors has declared a quarterly dividend of $0.78 per share on the common stock of the Company for the third quarter 2017. The dividend is payable on September 29, 2017 to stockholders of record at the close of business on September 15, 2017.
The Westar Energy Board of Directors today declared a quarterly dividend of 40 cents per share payable October 2, 2017, on the company's common stock. The dividends are payable to shareholders of record as of September 8, 2017.
Packaging Corporation of America announced today that its Board approved a regular quarterly dividend of $0.63 per share on its common stock. The quarterly dividend of $0.63 per share will be paid to shareholders of record as of September 15, 2017 with a payment date of October 13, 2017.
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