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Daily Dividend Report: MO, WY, MLM, EIX, PPL
Friday, August 24, 2:36 PM ET

Altria Group (NYSE:MO) voted to increase Altria's regular quarterly dividend by 14.3% to $0.80 per common share versus the previous rate of $0.70 per common share. The quarterly dividend is payable on October 10, 2018, to shareholders of record as of September 14, 2018. The ex-dividend date is September 13, 2018.

Weyerhaeuser Company (NYSE:WY) declared a dividend of $0.34 per share on the common stock of the company, reflecting a 6.3 percent increase from the prior quarterly dividend of $0.32 per share. The dividend is payable in cash on Sept. 28, 2018, to holders of record of such common stock as of the close of business on Sept. 14, 2018.

Martin Marietta Materials (NYSE:MLM) has approved a nine percent increase in the quarterly cash dividend, raising it from $0.44 per share to $0.48 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $1.92 per share on an annualized basis, is payable on September 28, 2018, to shareholders of record at the close of business on September 4, 2018.

Edison International (NYSE:EIX) declared a quarterly common stock dividend of $0.605 per share, payable on October 31, 2018, to shareholders of record on September 28, 2018.

PPL Corporation (NYSE:PPL) declared a quarterly common stock dividend on Friday, Aug. 24, of $0.41 per share, payable Oct. 1, 2018, to shareowners of record as of Sept. 10, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.

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