This week's dividend activity includes increased payouts from Citigroup and Duke Energy, as well as declarations from Coca-Cola and Costco. Next week, Caterpillar and Pfizer are set to announce their dividend payouts.
This week's dividend activity includes increased payouts from Citigroup and Duke Energy, as well as declarations from Coca-Cola and Costco. Next week, Caterpillar and Pfizer are set to announce their dividend payouts.
Coca-Cola (KO), a well-known beverage company, has declared a quarterly dividend of $0.51 per share, maintaining its previous payout. The forward yield stands at 2.94%, making it an attractive option for dividend investors. The dividend will be payable on October 1, with the record date set for September 15 and the ex-dividend date also on September 15 [1].
Costco (COST) has also announced a dividend increase. The company declared a quarterly dividend of $0.50 per share, up from the previous payout of $0.45. The new dividend will be payable on October 1, with the record date set for September 15 and the ex-dividend date on September 15 [1].
Next week, Caterpillar (CAT) is expected to declare its dividend, with the ex-dividend date set for July 21. The company will pay a quarterly dividend of $1.51 per share, which is expected to result in a price decrease of approximately 0.37% upon the ex-dividend date [2].
Pfizer (PFE), a global biopharmaceutical company, has reached a 7% yield mark with a quarterly dividend of $1.72. This significant dividend payout could be attractive to investors seeking stable income streams. The dividend is paid every three months, with the next ex-dividend date set for July 25, 2025 [3].
Investors should closely monitor these announcements and the upcoming earnings reports to gauge the financial health of these companies and the sustainability of their dividend yields.
References:
[1] https://seekingalpha.com/news/4468613-coca-cola-declares-0_51-dividend
[2] https://www.nasdaq.com/articles/ex-dividend-reminder-caterpillar-ge-vernova-and-costamare
[3] https://www.ainvest.com/news/pfizer-dividend-yields-7-potential-investment-opportunity-2507/
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