Philip Morris and
Keurig Dr Pepper
were among the large U.S. companies that declared dividend increases this week.
Paccar (ticker: PCAR), which makes trucks, plans to boost its quarterly disbursement to 37 cents a share, up 9% from 34 cents.
The stock, which yields 1.6%, had returned minus 2% this year through Sept. 15, including dividends. The
has returned minus 17%.
The stock, which has returned about 2% this year, yields 5.3%.
Keurig Dr Pepper (KDP) has approved a 6.7% increase to its annualized dividend. It will go to 80 cents a share from 75 cents. The company produces a variety of specialty drinks. On a quarterly basis, the disbursement will to go 20 cents a share from 18.75 cents.
The stock yields 2.2%, and it has returned about 3% this year.
The stock, which has returned minus 17% this year, yields 4.2%.
Another regional bank, Fifth Third Bancorp (FITB), plans to boost its quarterly dividend by 10% to 33 cents a share from 30 cents. The stock, which yields 3.7%, has returned minus 17% in 2022. The bank is based in Cincinnati.
The stock, which yields 2.5%, has returned about 56% this year.
Write to Lawrence C. Strauss at [email protected]