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Daily Dividend Report: TMO, DTE, DF, LOW, UPS
Monday, November 12, 12:56 PM ET

Thermo Fisher Scientific, the world leader in serving science, today announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per common share, payable on January 15, 2019, to shareholders of record as of December 17, 2018.

The DTE Energy Board of Directors declared a $0.945 per share dividend on its common stock payable Jan. 15, 2019, to shareholders of record at the close of business Dec. 17, 2018. This is a $0.0625 per share - or seven percent - increase from the previous quarterly dividend of $0.8825 per share and reflects the Board's confidence in the company's growth plans. The new annualized dividend per share is $3.78, up from $3.53. This continues DTE Energy's consistent dividend history, having issued a cash dividend for more than 100 years.

Dean Foods announced today that its Board of Directors declared a quarterly dividend of $0.03 per share, or $0.12 per share on an annualized basis, compared to a previous quarterly cash dividend of $0.09 per share. The dividend is payable on December 4, 2018, to stockholders of record at the close of business on November 19, 2018. We made the reduction to better align the Company's dividend to levels consistent with comparable companies. We believe our dividend reflects the Company's ongoing commitment to returning appropriate capital to our stockholders.

The Board of Directors for Lowe's Companies has declared a quarterly cash dividend of forty-eight cents ($0.48) per share, payable February 6, 2019, to shareholders of record as of January 23, 2019.

The UPS Board of Directors today declared a regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares. The dividend is payable Dec. 5, 2018 to shareowners of record on Nov. 19, 2018. UPS has a long commitment to cash dividends. For nearly 50 years, the company has either increased or maintained its dividend. Since 2000, UPS's dividend has more than quadrupled.

For MarketNewsVideo.com, I'm Sayoko Murase.

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