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OneMain Holdings pays special dividend

OneMain Holdings, Inc. (OMF) will pay a special dividend of $2.00 per share in 2019. Earlier this year the financial services company initiated a quarterly dividend. On July 29, 2019, the company declared a regular quarterly dividend of $0.25 per share and a special dividend of $2.00 per share, payable on September 13, 2019 to record holders of our common stock as of the close of business on August 27, 2019. "We drove strong earnings growth and further enhanced the strength of our balance sheet during the second quarter 2019," said Doug Shulman, President and CEO of OneMain. "In addition, we declared a robust special dividend, underscoring the considerable capital generation of our business as we continue to execute on the strategic priorities that we outlined for 2019, which include disciplined receivables growth, improved credit losses and reduced leverage. We will continue to focus on serving our customers and, in so doing, will also drive tremendous shareholder v...

Amphenol hikes dividend by 8.7%

Amphenol Corp (APH) will raise its quarterly dividend by 8.7 percent to $0.25 per share in 2019. The company has now raised its dividend for 8 consecutive years. The next dividend will be paid on October 9, 2019 to holders of record of the Company’s Class A common stock as of September 17, 2019. A new annual dividend rate of $1.00 per share yields 1.1% at a stock price of $95.28. Amphenol Corporation is a manufacturer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. The company serves the Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Military, Mobile Devices and Mobile Networks markets.

Regions Financial hikes dividend by 10.7%

The Regions Financial Corporation (RF) will raise its quarterly dividend by 10.7 percent to $0.155 per share in the third quarter of 2019. This marks the 7th consecutive year of annual dividend increases by the commercial bank. The new dividend is payable on October 1, 2019, to stockholders of record at the close of business on September 6, 2019. The new annual dividend of 62 cents per share yields 3.9% at a stock price of $16.04. Regions Financial Corporation is a financial holding company. The company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The company is a full-service provider of consumer and commercial banking, wealth management, mortgage, and insurance products and services in the United States. Regions serves customers across the South, Midwest and Texas.

Union Pacific hikes dividend by 10.2%

Railroad operator Union Pacific Corp (UNP) will raise its quarterly dividend by another 10.2 percent to $0.97 per share in 2019. This is the second dividend hike by UNP this year for a total increase of 21.3 percent. The next dividend is payable September 30, 2019, to shareholders of record August 30, 2019. This marks Union Pacific's fifth dividend increase in the past eight quarters. A new annual rate of $3.88 per share yields 2.2% at a stock price of $174.45. "The dividend increase demonstrates our continued confidence in Union Pacific's ability to grow cash returns for our shareholders," said Rob Knight, Union Pacific chief financial officer. "This is consistent with our current financial guidance to maintain a dividend payout ratio between 40 and 45 percent." Union Pacific Corporation is a railroad operating company. Union Pacific Railroad is the principal operating company of Union Pacific Corporation, connecting 23 states in the western two-third...

MPLX hikes distribution by 1.5%

MPLX LP (MPLX) will raise its quarterly distribution by another 1.5 percent to $0.6675 per unit in the 3rd quarter of 2019. Last year MPLX hiked its distribution by a total of 8.1 percent. The next distribution will be paid on August 14, 2019, to common unitholders of record as of August 5, 2019. The new distribution of $2.67 on an annualized basis yields 8.5% at a stock price of $31.48. MPLX is a master limited partnership that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. MPLX was formed...

Northern Trust hikes dividend by 16.7%

Northern Trust Corp (NTRS) will raise its quarterly dividend by another 16.7 percent to $0.70 per share in 2019. Earlier this year the dividend was already increased by5 cents to 60 cents per share quarterly. The increased dividend is payable on October 1, 2019, to holders of record on September 13, 2019. A new annual rate of $2.80 yields 2.9% at a stock price of $96. Northern Trust Corporation is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in The United States, Canada, Europe, the Middle East and the Asia-Pacific region.

Dividend Aristocrat PPG Industries raises dividend for 48th consecutive year

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PPG Industries (PPG) will raise its quarterly dividend by 6.3 percent to $0.51 per share. This marks the 48th consecutive year of dividend increases by Dividend Aristocrat PPG.

PPG Industries hikes dividend by 6.3%

PPG Industries (PPG) will raise its quarterly dividend by 6.3 percent to $0.51 per share in 2019. This marks the 48th consecutive year of dividend increases by Dividend Aristocrat PPG. The next dividend is payable September 12, 2019, to shareholders of record August 12, 2019. The new annual dividend rate of $2.04 per share yields 1.7% at a stock price of $117.51. PPG Industries, Inc., manufactures and distributes paints, coatings and specialty materials. PPG’s business is comprised of two reportable business segments: Performance Coatings and Industrial Coatings. PPG's products are used by customers in a wide array of end-uses, including industrial equipment and components; packaging material; aircraft and marine equipment; automotive original equipment, automotive refinish; as well as for other industrial and consumer products. PPG also serves commercial and residential new build and maintenance customers by supplying coatings to painting and maintenance contractors and direct...

Atlantic Union Bankshares hikes dividend by 8.7%

Citizens Financial Group hikes dividend by 12.5%

Citizens Financial Group (CFG) will raise its quarterly dividend by another 12.5 percent to $0.36 per share in the third quarter of 2019. This is the second dividend hike this year for a total increase of 33.3 percent. The dividend is payable on August 14, 2019 to shareholders of record at the close of business on July 31, 2019. The new annual rate of $1.44 per share yields 3.9% at a stock price of $36.83. Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Headquartered in Providence, Rhode Island, Citizens offers retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens has branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Ci...

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