Dividend Changes to Know Now: Lennox International, Texas Instruments, McDonald’s Corp.
Lennox International, Inc. (NYSE:LII): Lennox increases dividend 11% to 20c per share. The board of Lennox International voted to increase the quarterly cash dividend 11%, to 20c per share from 18c per share of common stock. The dividend is payable on October 15 to stockholders of record as of October 4.
Don’t Miss: Is Research in Motion in Even More Trouble?
Texas Instruments Inc. (NYSE:TXN): Texas Instruments to raise quarterly dividend 24% to 21c. Texas Instruments Incorporated said it will raise its quarterly cash dividend 24%. The new quarterly dividend will be 21c per share of common stock, resulting in annual dividend payments of 84c per common share. The current quarterly dividend is 17c per share
McDonald’s Corp. (NYSE:MCD): McDonald’s raises quarterly dividend 10% to 77c from 70c per share. The dividend is payable on December 17 to shareholders of record at the close of business on December 3. McDonald’s CEO Don Thompson said, “Today’s announced dividend increase brings our 2012 expected total cash return to shareholders to at least $5.5 billion through dividends and share repurchases.” McDonald’s has raised its dividend each and every year since paying its first dividend in 1976. The new quarterly dividend of 77c per share is equivalent to $3.08 annually.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>