Dividend Scan: RRD, FAV, TGT, CL, ARCP
Friday, January 13, 2022 9:08 AM



Several companies declared their future dividend plans, as the US stock futures trade lower after disappointing JPMorgan’s quarterly results. Some notable dividend payers are discussed here.

R.R. Donnelley & Sons Company (NYSE: RRD) said on Friday that its board of directors declared a regular quarterly dividend of 26 cents per common share. The dividend is payable March 1, 2022 to stockholders of record as of the close of business on January 27, 2012. RRD last traded at $14.73 a share.

First Trust Active Dividend Inc. (NYSE: FAV), a diversified, closed-end management investment company, said that its board of directors decreased its regularly scheduled quarterly distribution to $0.18 per share from $0.23 per share. The distribution will be payable on January 31, 2022 to shareholders of record as of January 24, 2012. The ex-dividend date is expected to be January 20, 2012. FAV last traded at $8.57 a share on Thursday.

Target Corporation (NYSE: TGT) said that its board of directors has declared a quarterly dividend of $0.30 per common share. The dividend is payable March 10, 2022 to shareholders of record at the close of business February 15, 2012. The 1st quarter dividend will be the company’s 178th consecutive dividend paid since October 1967 when the company became publicly held. TGT was trading unchanged at $49.81 in the pre-market trading on Friday.

Colgate-Palmolive Company (NYSE: CL) reported that its board of directors declared quarterly cash dividends of $0.58 per common share, payable on February 15, 2012, to shareholders of record on January 24, 2012. The Company has paid uninterrupted dividends on its common stock since 1895. CL last closed at $88.55 on Thursday.

American Realty Capital Properties Inc. (Nasdaq: ARCP) announced that its board of directors authorized and the Company declared an increase to the Company’s annual dividend. The Company will increase its annual distribution by $0.005, from $0.875 to $0.880 per annum. The new annual distribution rate will accrue commencing on February 9, 2012. ARCP last closed at $10.54 a share, Yesterday.


 

Sponsors

Advertisement


Advertisement