Dividend Changes to Know Now: Microsoft Corporation, RAIT Financial Trust, Fulton Financial Corp., Realty Income Corp., Cracker Barrel Old Country Store
Microsoft Corporation (NASDAQ:MSFT): Microsoft increases dividend 15% to 23c. Microsoft announced that its board of directors declared a quarterly dividend of 23c per share, reflecting a 3c or 15% increase over the previous quarter’s dividend. The dividend is payable December 13 to shareholders of record on November 15. The ex-dividend date will be November 13.
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RAIT Financial Trust (NYSE:RAS): RAIT Financial increases dividend 12.5% to 9c. RAIT Financial Trust announced that on September 18, RAIT’s Board of Trustees declared a Q3 cash dividend on RAIT’s common shares of 9c per common share, representing a 12.5% increase from the prior quarter’s dividend of 8c per common share. The dividend will be paid on October 31 to holders of record on October 11. The ex- dividend date is October 9.
Fulton Financial Corp. (NASDAQ:FULT): Fulton Financial raises quarterly dividend to 8c from 7c per share. Fulton Financial will pay a quarterly cash dividend of 8c per share on its common stock on October 15 to shareholders of record as of October 1. This amount is a 1c per share increase over the 7c per share paid in July.
Realty Income Corp. (NYSE:O): Realty Income raises monthly dividend. Realty Income announced that its Board of Directors has declared an increase in the company’s common stock monthly cash dividend to 15.14375c per share from 15.1125c per share. The dividend is payable on October 15 to shareholders of record as of October 1.
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL): Cracker Barrel says recently increased quarterly dividend to 50c per share. The Board of Directors recently increased the quarterly dividend to 50c per share on the Company’s common stock, payable on November 5, 2012 to shareholders of record as of October 19, 2012. This represents a 25% increase over the Company’s last quarterly dividend of 40c and a doubling of the quarterly dividend of 25c declared in the first fiscal quarter of 2012. In addition, the Board approved a new share repurchase program for up to $100M of the Company’s outstanding common stock.
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