Northrop Grumman and 5 other companies that raised their dividends this week

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American Tower
,

Chub
,

And

Northrop Grumman

This week, US companies announced plans to increase their dividends.

American Tower (Ticker: AMT) has announced a 2% increase from $ 1.40 to 43 1.43 per share quarterly. The stock, which gained 2.3%, has returned about 20% this year, including dividends, through the May 19 close. This compares to a minus 18% return

S&P 500
.

Chubb (CB), an insurance company, said it plans to increase its quarterly distribution to 83 cents per share, an increase of about 4% from 80 cents. On an annualized basis, it is শেয়ার 3.32 per share. The stock yields 1.6%, and it has returned about 6% this year. This marks 29^M Consistent annual dividend increase for the company.

Space and defense firm Northrop Grumman (NOC) has announced a quarterly distribution of 1.73 per share. It has risen 10% to শেয়ার 1.57 a share The stock, which yielded 1.6%, has returned 16% so far this year.

M.

Osaik

(

MOS

) Said it would increase its quarterly payout to 15 cents per share, up 33% from 11.25 cents. The stock, which has returned 56% this year, has yielded 0.7%. The company produces concentrated phosphate and potash crop nutrients.

Mid-America apartment

Communities (MAA) announced a quarterly distribution of 1.25 per share, up nearly 15% from 0 1.0875. The company operates as a real estate investment trust.

The stock, which yielded 2.9%, has returned about 24% minus a year to date.

American Packaging Corporation

(PKG) plans to increase its annual dividend from $ 4 to% 5 per share. On a quarterly basis, dividends will rise from $ 1 to $ 1.25 per share. The stock, which has returned about 11% this year, has yielded 3.4%.

Lawrence C. at [email protected] Write Strauss