3M, T. Rowe and more companies that increased their dividends

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Dupont said it will increase its quarterly dividend by 10%.

Mark Makela/Getty Images



Interpublic Group of Companies
,



Kimco Real Estate
,

and DuPont de Nemours were among the largest US companies to declare dividend increases this week.

Others included



3M
,



T. Rowe Price
,

mmm! brands and



Hasbro
.

Interpublic Group of Companies (ticker: IPG), whose businesses include marketing and advertising, declared a quarterly disbursement 29 cents per share, up 2 cents, or 7%.

The stock, which recently returned 3.3%, has an annual return of about 52%, including dividends, as of the close on February 10, compared to about 17% for the S


&P500.

The company also said it was resuming its share buyback program.

This marks the 10th consecutive year that the company has increased its common stock dividend.

Kimco Realty (KIM) Said It plan to increase your quarterly payment at 2 cents a share to 19 cents, for an increase of almost 12%.

The stock, which has a one-year return of 41%, yields 3.1%. The real estate investment trust operates open-air malls anchored by grocery stores and mixed-use assets.

specialty chemicals and materials company



du pont de nemours

(DD) said he will pay a quarterly dividend of 33 cents per share, an increase of 10% from 30 cents.

The stock, whose one-year yield is 16%, yields 1.6%.

3M (MMM) plans to increase its quarterly payout by one penny to $1.49 per share. The company’s shares return 3.7% and return less than 9% in a year.

3M is a member of the S&P 500 Dividend Aristocrats Index, whose members have paid higher dividends for at least 25 consecutive years. The company said that 2022 marks the 64the consecutive year of dividend increases.

Hasbro toy manufacturer (HAS) declared a quarterly payment 70 cents per share, up 2 cents, or 3%. The stock has a one-year return of 6%. Yield 3%.

Money manager T. Rowe Price Group (TROW) plans to increase its quarterly divisiondend at $1.20 per share. That’s an 11% increase from $1.08 per share. The stock, which yields 3.3%, has a one-year return of around minus 6%.

T. Rowe Price is also a member of the S&P 500 Dividend Aristocrats Index. The company said this will mark the 36the consecutive year you will have increased your regular dividend.



chewed

(MORE) plans to increase its quarterly dividend at 28 cents a share from 23.5 cents, an increase of 19%. The company manufactures products for home improvement and construction. The stock, which yields 1.9%, has an annual return of about 7%.

mmm! Marks (yum) declared a quarterly splitof 57 cents per share, 14% more than 50 cents. Shares of the restaurant company have an annual return of about 20% and return 1.8%.

semiconductor company



Monolithic power systems

(MPWR) said it plans to increase its quarterly payout by 25% to 75 cents a share from 60 cents.

The stock, which has a one-year return of about 10%, yields 0.5%.

Write Lawrence C. Strauss at [email protected]

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