NEW YORK ( TheStreet) -- Texas Instruments ( TXN - Get Report), Kroger ( KR - Get Report) and Marsh & McLennan ( MMC - Get Report) joined a roster of companies raising their shareholder payouts this week. Chipmaker
Texas Instruments boosted its quarterly dividend by 8.3% to 13 cents per share, payable Nov. 22 to shareholders of record on Nov. 1.
That brings its yield to 2.1% as of midday Friday. Texas Instruments also announced plans to buy back $7.5 billion worth of its common stock, throwing more money toward its shareholders. Grocery store operator Kroger said Thursday it would increase its quarterly payout by 10.5% to 10.5 cents per share. The new dividend will be paid Dec. 1 to shareholders of record on Nov. 15, for a yield of 1.9% at current prices. Marsh & McLennan, a risk consultancy firm, raised its shareholder payout by 5% to a quarterly dividend of 21 cents per share. That brings its yield to 3.4% as of midday Friday. The new dividend will be paid Nov. 15 to shareholders of record on Oct. 8.
UDR ( UDR) raised its dividend by 2.8% to 18.5 cents per share, bringing its current yield to 3.5%. The new dividend will be paid Nov. 1 to shareholders of record on Oct. 15. UDR, a real estate investment trust that manages apartment communities around the U.S., also declared a regular quarterly dividend on its Series E Preferred Stock for the third quarter of 2010 in the amount of 33.22 cents per share, payable Nov. 1, and regular quarterly dividend on its Series G Preferred Stock of 42.19 cents per share, also payable Nov. 1.
BioMed Realty Trust ( BMR) increased its quarterly payout by 13.3% to 17 cents per share, for a yield of 3.7%. The real estate investment trust, which manages and leases laboratory and office space for the life science industry, will pay the higher dividend on Oct. 15 to shareholders of record on Sept. 30. BioMed also declared a dividend of 46.1 cents per share of the company's 7.375% Series A cumulative redeemable preferred stock for the period from July 16 through Oct.15. It will also be paid Oct. 15. Corporate Office Properties Trust ( OFC) declared a 5.1% increase of its quarterly payout to 41.25 cents per share for a current yield of 4.4%. The office real estate investment trust will pay the higher dividend on Oct. 15 to shareholders of record on Sept. 30. Corporate Office Properties also declared a 50 cent dividend per Series G cumulative redeemable preferred share, a 46.9 cent dividend per Series H cumulative redeemable preferred share, a 47.7 cent dividend per Series J cumulative redeemable preferred share, and a 70 cent dividend per Series K cumulative redeemable convertible preferred share. International Bancshares ( IBOC), a Texas-based regional bank, raised its quarterly payout by 11.8% to 19 cents per share, for a current yield of 4.4%. The new dividend will be paid Oct. 18 to shareholders of record on Sept. 30. LaSalle Hotel Properties ( LHO) said it will pay its shareholders 11 cents per share, up from its prior payout of a penny per share, for a current yield of 1.9%. The new dividend will be paid on Oct. 15 to shareholders of record on Sept. 30. LaSalle is a real estate investment trust that leases upscale and luxury full-service hotel properties.
Yum! Brands ( YUM - Get Report) raised its quarterly payout by 19.1% to 25 cents per share, for a current yield of 2.2%. The operator of KFC and Taco Bell restaurants will pay the higher dividend Nov. 5 to shareholders of record on Oct. 15. >>Yum! Dishes Out Bigger Dividend
Colony Financial ( CLNY), a real estate finance company, declared a third quarter dividend of 25 cents per share, for a current yield of 5.4%. The payout will be available Oct. 14 to shareholders of record on Sept. 30. Truck-maker Paccar ( PCAR - Get Report) said Tuesday it will raise its quarterly dividend by 33.3% to 12 cents per share, thanks to increased profits in its recent quarter. The increased dividend will be paid Dec. 6 to shareholders of record on Nov. 19. That brings its current yield to 1.1%.
Two Harbors Investment ( TWO - Get Report) announced its quarterly dividend of 39 cents per share, an increase of 18.2% over its prior dividend of 33 cents, for a current yield of 16.8%. The new dividend will be paid Oct. 21 to stockholders of record on Sept. 30. >>Dividend Paying REITs: Two Harbors Finally, communications equipment maker Cisco Systems ( CSCO - Get Report) said Tuesday it will start paying a dividend this fiscal year, as the networking giant finally bows to pressure from shareholders. "At our annual Financial Analyst Conference today, we outlined our intention to issue a dividend during the current fiscal year ending July 30, 2011," the firm said. "Size and timing of the dividend will be determined in the coming months, taking into consideration tax policy and broader market conditions." Cisco, like Apple ( AAPL), traditionally steers clear of dividends, preferring to pump money into acquisitions and share repurchase. CFO Frank Calderoni, however, recently confirmed with TheStreet that a dividend would happen. >>Cisco Plans Dividend for Next Year -- Written by Miriam Marcus Reimer in New York. >To follow the writer on Twitter, go to http://twitter.com/miriamsmarket.
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