2023-06-16 07:10:50 ET
Wall Street’s trading week dividend activity encompassed increased payouts from Caterpillar ( CAT ) and Target ( NYSE: TGT ), as well as declarations from stocks such as U.S. Bancorp ( USB ) and Microsoft ( NASDAQ: MSFT ). Additionally, looking ahead at next week, prominent stocks like Southwest Airlines ( NYSE: LUV ) and Phillip Morris ( NYSE: PM ) will see the ex-dividend dates for their upcoming dividend payments.
See below a breakdown of some of the highlights of this week, along with some upcoming activity on the dividend front.
Dividend Increases
Here are some companies that have announced a dividend increase in the past week:
Banco Bradesco ( BBD )
- Dividend declared: June 13
- New dividend amount: $0.0039
- Previous amount: $0.0035
- Increase: 11.71%
W.R. Berkley ( WRB )
- Dividend declared: June 14
- New dividend amount: $0.11
- Previous amount: $0.10
- Increase: 10.00%
For further details see:
Dividend Roundup: Southwest Airlines, Phillip Morris, Microsoft, Target, and more