Daily Dividend Report: TXN,O,INTC,STT,MAS
Dividend Channel - 32 minutes ago
Texas Instruments today said it will raise its quarterly cash dividend 13%, from $0.90 per share to $1.02, or $4.08 annualized. The higher dividend will be payable November 16, 2020, to stockholders of record on October 30, 2020, contingent upon formal declaration by the board of directors at its regular meeting in October. This dividend increase is an integral piece of TI's disciplined approach to capital management and reflects the company's continued strength in free cash flow generation and its commitment to return excess cash to stockholders. In the 12-month period ending June 2020, TI has paid 56% of its free cash flow in dividends. TI has a proven track record of returning cash to its shareholders. Today's announcement marks 17 consecutive years of dividend increases. In addition, as of second quarter 2020, the company has reduced its outstanding shares by 47% through its consistent share repurchases since the end of 2004.
Realty Income, The Monthly Dividend Company, today announced its Board of Directors has declared an increase in the company's common stock monthly cash dividend to $0.2340 per share from $0.2335 per share. The dividend is payable on October 15, 2020 to shareholders of record as of October 1, 2020. This is the 108th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for October's dividend is September 30, 2020. The new monthly dividend represents an annualized dividend amount of $2.808 per share as compared to the current annualized dividend amount of $2.802 per share.
Intel today announced that its board of directors has declared a quarterly dividend of $0.33 per share, $1.32 per share on an annual basis, on the company's common stock. The dividend will be payable on Dec. 1, 2020, to stockholders of record on Nov. 7, 2020.
State Street today announced a quarterly cash dividend of $0.52 per share of common stock, payable on October 15, 2020 to common shareholders of record at the close of business on October 1, 2020.
Masco announced that its Board of Directors declared a quarterly dividend of $.14 per common share, payable on November 9, 2020, to shareholders of record on October 9, 2020.