updated Monday, August 24, 11:36 AM
Late Friday, Towers Watson (TW) declared its quarterly dividend of 15 cents per share, maintaining the amount paid to shareholders the prior quarter. Based on the current stock price, investors can expect a yield of about 0.5% going forward.
In other dividend news, Medtronic (MDT) maintained its quarterly dividend of 38 cents per share. Lowe's (LOW) maintained its quarterly dividend of 28 cents per share. Sysco (SYY) maintained its quarterly dividend of 30 cents per share. And Zimmer Biomet Holdings (ZBH) maintained its quarterly dividend of 22 cents per share.
Among dividend increases, Altria (MO) announced its quarterly dividend of 56.5 cents per share, an increase of about 9% over its prior dividend. Westlake Chemical (WLK) announced its quarterly dividend of 18.15 cents per share, an increase of about 10%. MGE Energy (MGEE) announced its quarterly dividend of 29.5 cents per share, an increase of about 4% over its prior dividend. Crossamerica Partners (CAPL) announced its quarterly distribution of 56.25 cents per share, an increase of about 3%. And Connecticut Water Service (CTWS) announced its quarterly dividend of 26.75 cents per share, an increase of about 4% over its prior dividend in May of 25.8 cents.
For MarketNewsVideo.com, I'm Sayoko Murase.
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