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Daily Dividend Report: CSCO, KO, AMAT, ITW, SLF
Thursday, February 15, 3:55 PM ET

Cisco has declared a quarterly dividend of $0.33 per common share, a 4-cent increase or up 14% over the previous quarter's dividend, to be paid on April 25, 2018 to all shareholders of record as of the close of business on April 5, 2018.

The Coca-Cola Company approved the company's 56th consecutive annual dividend increase, raising the quarterly dividend 5.4 percent, from 37 cents to 39 cents per common share. This is equivalent to an annual dividend of $1.56 per share, up from $1.48 per share in 2017. The first quarter dividend is payable April 2, 2018, to shareowners of record as of March 15, 2018.

Applied Materials has approved a doubling of the quarterly cash dividend on the company's common stock to $0.20 per share. The Board declared that a dividend of $0.20 per share will be payable on June 14, 2018 to shareholders of record as of May 24, 2018. As previously announced, a cash dividend of $0.10 per share will be paid on March 14, 2018 to shareholders of record as of February 21, 2018.

Illinois Tool Works (NYSE:ITW) declared a dividend on the company's common stock of $0.78 per share for the first quarter of 2018. The dividend equates to $3.12 per share on a full-year basis. The dividend will be paid on April 10, 2018 to shareholders of record as of March 30, 2018.

Sun Life Financial (NYSE:SLF) announced a dividend of $0.455 per common share, payable March 29, 2018, to shareholders of record at the close of business on March 1, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.

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