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Daily Dividend Report: BBY, WYN, KSS, WGL, SPTN
Thursday, March 1, 4:11 PM ET

Best Buy approved a 32% increase in the regular quarterly dividend to $0.45 per share, effective immediately, and a share repurchase plan of at least $1.5 billion for FY19, which reflects an updated two-year plan of $3.5 billion compared to the original $3.0 billion two-year plan announced at the beginning of FY18. The regular quarterly dividend will be payable on April 12, 2018 to shareholders of record as of the close of business on March 22, 2018.

Wyndham Worldwide Corporation (NYSE:WYN) declared a cash dividend of $0.66 per share on its common stock, payable March 30, 2018 to shareholders of record as of March 15, 2018.

Kohl's declared a quarterly cash dividend on the Company's common stock of $0.61 per share, an 11% increase over its prior dividend. The dividend is payable March 28, 2018 to shareholders of record at the close of business on March 14, 2018.

WGL Holdings (NYSE:WGL), the parent company of Washington Gas Light Company voted to increase the annualized dividend on its common stock by 2-cents to $2.06 per share from $2.04 per share. The Board of Directors also declared a regular quarterly dividend of $0.515 per share of common stock. The quarterly dividend is payable May 1, 2018, to shareholders of record on April 10, 2018.

SpartanNash Company (NASDAQ:SPTN) announced that its Board of Directors has approved an increase to its quarterly cash dividend from $0.165 per common share to $0.18 per common share. The dividend will be paid on March 29, 2018 to shareholders of record as of March 16, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.

Daily Dividend Report: BBY, WYN, KSS, WGL, SPTN picture
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