Daily Dividend Report: CB, ASH, APD, STT, HAS
Thursday, May 17, 12:15 PM ET

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The Board of Directors of Chubb announced today its shareholders approved a 3% increase in the company's dividend to $2.92 per share annually ($0.73 per share, per quarter) from $2.84 per share ($0.71 per share, per quarter). This marks the twenty-fifth consecutive annual increase in the company's dividend. The company's Board of Directors declared that shareholders of record at the close of business on June 22, 2018, will be entitled to payment of the first installment of $0.73 per share on July 13, 2018.

The board of directors of Ashland Global Holdings has increased the quarterly cash dividend to $0.25 per share on the company's common stock, an increase of 11 percent compared to the previous dividend. The dividend is payable June 15, 2018, to stockholders of record at the close of business on June 1, 2018. As of April 30, 2018, there were 62,402,875 shares of Ashland common stock outstanding.

The Board of Directors of Air Products today declared a quarterly dividend of $1.10 per share of common stock. The dividend is payable on August 13, 2018 to shareholders of record at the close of business on July 2, 2018.

State Street today announced a quarterly cash dividend of $0.42 per share of common stock, payable on July 17, 2018 to common shareholders of record at the close of business on July 2, 2018.

Hasbro today announced that its Board of Directors has authorized the Company to repurchase an additional $500 million of its common stock. At the end of the first quarter, $139.2 million remained available in the current share repurchase authorization. Additionally, the Company's Board of Directors has declared a quarterly cash dividend of $0.63 per common share. The dividend will be payable on August 15, 2018 to shareholders of record at the close of business on August 1, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.