Daily Dividend Report: BBT, COST, RNO, CR, WEN
updated Tuesday, July 23, 2:56 PMThis morning, BB&T (BBT) declared its quarterly dividend of 23 cents per share, maintaining the amount paid to shareholders the last quarter. Based on the current stock price, investors can expect a yield of about 2.6% going forward. Shares of BB&T were higher on Tuesday, climbing 0.5% so far.
In other dividend news, Costco (COST) maintained its quarterly dividend of 31 cents per share. And Rhino Resources (RNO) maintained its quarterly distribution of 44.5 cents per share.
Among dividend increases, Crane (CR) announced its quarterly dividend of 30 cents per share, an increase of about 7% over its prior dividend. And Wendy's (WEN) announced its quarterly dividend of 5 cents per share, an increase of 25% over its prior dividend in May.
For MarketNewsVideo.com, I'm Sayoko Murase.