Dividend Changes to Know Now: Caterpillar, Hickory Tech, Artesian Resources, Pall Corp, CLARCOR
Caterpillar Inc. (NYSE:CAT): Caterpillar CEO says the company will never cut a dividend.
Hickory Tech Corp. (NASDAQ:HTCO): Hickory Tech increases dividend 3.5% to 14.5c. HickoryTech announced that its Board of Directors voted to declare a quarterly dividend of 14.5 per sha of HickoryTech common stock, representing a 3.5% increase from the previous 14c per share dividend. The 14.5 dividend is payable on Dec. 5 to shareholders of record on Nov. 15.
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Artesian Resources Corp. (NASDAQ:ARTNA): Artesian Resources increases dividend 2.5%. Artesian Resources announced that its Board of Directors has declared a regular quarterly dividend of 20.27c, an increase of 2.5% on the company’s Class A and Class B Common Stock, raising the annual dividend to 81.08c per share. The quarterly dividend is payable on November 21 to shareholders of record at the close of business on November 12.
Pall Corp. (NYSE:PLL): Pall Corp. increases quarterly dividend 19% to 25c per share. Pall Corporation declared a 19% increase in the company’s quarterly dividend from the current rate of 21c to 25c per share payable November 2 to shareholders of record on October 12. This is the ninth time the company has increased its cash dividend since 2004.
CLARCOR Inc. (NYSE:CLC): Clarcor increases quarterly dividend by 12.5% to 13.5c. The Board of Directors of CLARCOR resolved to increase the company’s regular quarterly dividend by 12.5%, from 12c per share of common stock to 13.5c per share of common stock. This continues the company’s consecutive streak of increasing dividends every year since 1983. The Board resolved to pay the new 13.5c per share dividend on Oct. 19 to shareholders of record on Oct. 8.
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