Darden Restaurants Dri and Kroger Kr Announced Dividend Hikes This Week.

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Such pronouncements were few and far between among significant corporations, though.

Darden Restaurants (NYSE: DRI) proposes to hike its quarterly dividend to $1.21 a share, a 10 percent increase from $1.10.

The stock, which yields 3.8 percent, has returned minus 22 percent this year through June 23, dividends included, compared with about minus 20 percent for the S&P 500 SPX +3.06 percent.

Supermarket operator Kroger (KR) announced a quarterly dividend of 26 cents a share, up from 21 cents, for an increase of approximately 24 percent. That corresponds to an annual dividend of $1.04 a share. The stock, which has returned nearly 6 percent this year, yields 2.2 percent.

Korn Ferry (KY) wants to boost its quarterly distribution to 15 cents a share from 12 cents. That’s an increase of 25 percent. The consultancy firm’s businesses include executive-search services.

The stock, which yields 1.1 percent, has returned around negative 26 percent year to date.

Several other corporations stated they expect to continue their quarterly payouts at present levels.

That includes Mastercard MA +4.34 percent (MA) at 49 cents a share; Pfizer (PFE) at 40 cents; AbbVie ABBV +1.93 percent (ABBV) at $1.41; and Lockheed Martin (LMT) at $2.80 a share.

The post Darden Restaurants Dri and Kroger Kr Announced Dividend Hikes This Week. appeared first on Best Stocks.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.94
+0.44 (0.18%)
AAPL  263.88
-2.55 (-0.96%)
AMD  274.06
+15.94 (6.17%)
BAC  53.76
-0.56 (-1.04%)
GOOG  332.62
-1.85 (-0.55%)
META  674.08
+2.50 (0.37%)
MSFT  418.13
+6.91 (1.68%)
NVDA  198.00
-0.88 (-0.44%)
ORCL  177.29
+7.48 (4.40%)
TSLA  387.32
-4.63 (-1.18%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.