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Prudential Financial increased its quarterly payout by 4% to $1.25 a share.
Jason Alden/Bloomberg
Prudential
Financial,
Phillips 66
,
Tractor Supply
,
and
Interpublic
were among the various large companies that announced dividend increases this week. It continues to be a busy period for such moves as companies report their latest financial results.
Prudential Financial (ticker: PRU), an insurer and asset manager, declared a quarterly dividend of $1.25 a share, an increase of 5 cents, or 4%.
The stock, which yields 4.9%, has a one-year return of minus 11%, including dividends, through Feb. 9, compared with minus 10% for the
S&P 500
.
Phillips 66 (PSX) said it plans to boost its quarterly disbursement to $1.05 a share from 97 cents. That’s an increase of 8%.
The energy company’s stock, which has a one-year return of 19%, yields 4%.
DuPont
de Nemours (DD) is raising its quarterly dividend to 36 cents a share from 33 cents, an increase of 9%. The chemical company’s stock yields 1.9%, and it has a one-year return of minus 5%.
YUM! Brands
(YUM) plans to hike its quarterly dividend to 60.5 cents a share for an increase of 6%. The stock, which has a one-year return of 5%, yields 1.8%.
The global company’s fast-food brands include KFC, Taco Bell, Pizza Hut, and Habit Burger Grill.
Specialty glass manufacturer
…
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