News Column

Dividend Increases: XL, ABBV, RUTH, LO, ITT

February 21, 2014

MarketNewsVideo.com



This morning, XL Group (XL) declared its quarterly dividend of 16 cents per share, an increase of about 14% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.2% going forward. Shares of XL Group were modestly higher today, climbing 0.5% so far.

Among dividend increases, AbbVie (ABBV) announced its quarterly dividend of 42 cents per share, an increase of about 5% over its prior dividend. Ruth's Hospitality Group (RUTH) announced its quarterly dividend of 5 cents per share, an increase of 25% over its prior dividend. Lorillard (LO) announced its quarterly dividend of 61.5 cents per share, an increase of about 12% over its prior dividend. And ITT Corporation (ITT) announced its quarterly dividend of 11 cents per share, an increase of 10%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201402Dividends022114&mv=1.


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Source: MarketNewsVideo.com


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