Daily Dividend Report: UNH, ADI, KHC, NOC, PEG | Nasdaq

JThe UnitedHealth Group Board of Directors has authorized the payment of a cash dividend of $1.45 per share, to be paid March 22, 2022, to all registered shareholders of UnitedHealth Group common stock as of the close of business on March 14, 2022.

Analog Devices today announced that its board of directors has voted to increase its quarterly dividend from $0.69 per outstanding common share to $0.76, which equates to $3.04 per year. The new dividend represents a 10% increase and marks the Company’s 19th increase in the past 18 years. ADI has paid a dividend for 73 consecutive quarters, totaling more than $8 billion in cash returned to shareholders in the form of dividends. The increase becomes effective with the dividend payable on March 8, 2022 to shareholders of record at the close of business on February 25, 2022.

Kraft Heinz today announced that the company’s board of directors has declared a regular quarterly dividend of $0.40 per common share payable March 25, 2022 to shareholders of record as of March 11, 2022.

Northrop Grumman’s Board of Directors has declared a quarterly dividend of $1.57 per share on Northrop Grumman common stock, payable March 16, 2022, to shareholders of record at the close of business February 28, 2022.

The Board of Directors of Public Service Enterprise Group today declared a quarterly common stock dividend for the first quarter of 2022 of $0.54 per share payable March 31, 2022 to shareholders of record March 10, 2022. This share, which was announced at the September Investor Conference, represents an increase of $0.03 per share, a 5.9% increase in the company’s quarterly common stock dividend and brings the indicative annual dividend rate to 2 $.16 per share. Ralph Izzo, Chairman, President and Chief Executive Officer, said, “We are pleased to be able to increase the cash return for our shareholders. This latest increase represents the 18th ordinary dividend increase in the past 19 years and marks our 115th consecutive year of paying a common dividend to shareholders, a feat achieved by very few companies. PSEG’s long history of paying a common dividend is aided by our strong balance sheet, improved business mix and sustainability of our growth strategy, which should support consistent and sustainable common dividend growth. .”

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