Daily Dividend Report: NEE,RYN,UNM,ETRN,MGEE
Monday, October 19, 12:00 PM ET

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The board of directors of NextEra Energy, today declared a regular quarterly common stock dividend at a pre-split basis of $1.40 per share, which will be paid on a split-adjusted basis of $0.35 per share to reflect the four-for-one stock split that is effective Oct. 26, 2020. The dividend is payable on Dec. 15, 2020, to shareholders of record on Nov. 27, 2020.

Rayonier announced today that the Company's board of directors has declared a fourth quarter cash dividend of $0.27 per common share. The dividend is payable on December 31, 2020, to shareholders of record on December 17, 2020. The Company also announced today, that the Company's board of directors, in its capacity as the board of directors of the general partner of Rayonier, L.P., has declared a fourth quarter cash distribution of $0.27 per limited partnership unit. The cash distribution is payable on December 31, 2020 to holders of record on December 17, 2020.

Effective October 16, 2020, the Unum Group Board of Directors declared a quarterly dividend of $0.285 per share on its common stock to be paid on November 20, 2020, to stockholders of record on October 30, 2020.

Equitrans Midstream declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the third quarter 2020. The dividends will be paid on November 13, 2020, to the applicable ETRN shareholders of record at the close of business on November 3, 2020.

The board of directors of MGE Energy today declared the regular quarterly dividend of $0.37 per share on the outstanding shares of the company's common stock, payable Dec. 15, 2020, to shareholders of record at the close of business Dec. 1, 2020. MGE Energy has increased its dividend annually for the past 45 years and has paid cash dividends for more than 110 years.

For MarketNewsVideo.com, I'm Sayoko Murase.