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Dollar General announced that their quarterly dividend would be increased to 42 cents per share.
Procter & Gamble/Brian Killian/Getty Images
Dollar General, Dollar General, Dollar General, Dollar General, Dollar
Williams-Sonoma,
and
MGM Growth Characteristics
were among the corporations in the United States that raised their dividends this week. Dollar General (DG) announced intentions to enhance its quarterly common stock payment to 42 cents per share from 36 cents, representing a 17 percent increase. The stock has a one-year return of around 27% and yields 0.9 percent.
Williams-Sonoma (WSM), which owns the Pottery Barn and Pottery Barn Kids brands, announced a quarterly dividend of 59 cents per share, up from 53 cents previously. This is an increase of 11%. The stock yields 1.4 percent after rising from approximately $30 a year ago to near $170 recently. MGM Growth Properties (MGP) is a real estate investment trust owned by casino operator MGM Resorts International.
MGM Resorts International is a company based in Las Vegas, Nevada.
(MGM) announced that its quarterly dividend will be increased to 49.5 cents per share. This represents a 1.5 percent increase over the previous high of 48.75 cents. The dividend will increase to $1.98 per share, or 3 cents, on an annual basis. MGM Growth Hotels controls a portfolio of 12 properties in Las Vegas and internationally, including Mandalay Bay, MGM Grand Las Vegas, and The Mirage, alongside its joint venture. The stock has more than doubled in value over the last year and is currently trading at approximately $32. Another real estate investment trust,
UDR
(UDR), a real estate investment trust, paid a quarterly dividend of 36.25 cents per share, or $1.45 yearly, an increase of roughly 1%. It is now trading at $1.44 per share. The stock yields 3.3 percent and has a one-year return of almost 35 percent. Lawrence C. Strauss can be reached at lawrence.strauss@barrons.com.
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