Microsoft and other companies that increased their dividends this week
were among the large U.S. companies that reported dividend increases this week.
Microsoft (ticker: MSFT) plans to increase its quarterly payment by 6 cents, or 11%, to 62 cents a share from 56 cents. The stock has returned around 38% this year, including dividends, through September 15, compared to around 21% for the
The title recently yielded 0.8%.
Analog chipmaker Texas Instruments (TXN) declared a quarterly dividend of $ 1.15 per share, up 13% from $ 1.02. The stock, which earns 2.1%, has returned 22% this year.
US Bancorp (USB), a large regional bank based in Minneapolis, said it would increase its quarterly disbursements to 46 cents per share from 42 cents. That’s a 10% increase. The stock, which brought in around 26% in 2021, returns 3.2%.
Another large regional bank,
(FITB), said it would increase its quarterly dividend from 11% to 30 cents per share, from 27 cents. The company is based in Cincinnati. The stock is bringing in 3% and it has brought in around 48% this year.
Philip Morris International
(PM) declared a quarterly dividend of $ 1.25 per share, an increase of 4% from $ 1.20. The stock, which earns 4.9%, has returned around 29% since the start of the year.
Kilroy real estate
(KRC), a real estate investment trust, said it would increase its quarterly cash outflows to 52 cents per share, up 4% from 50 cents. The stock has returned around 16% this year and is returning 3.2%.
The company’s real estate portfolio consists mainly of office and life science space as well as a few residential units.
In other news, the timeshare operator
Marriott vacations around the world
(VAC) restored its quarterly dividend to 54 cents per share. The company cut it off last year, due to the fallout from the pandemic.
The company’s board of directors also authorized a share buyback of up to $ 250 million.
Real estate income
(O) said it would increase its monthly dividend to 23.6 cents per share from 23.55 cents. The stock, which returns 4.1%, has returned around 13% this year as of September 15. The company operates a real estate investment trust.
Write to Lawrence C. Strauss at [email protected]