Target, National Fuel Gas, and Caterpillar Declare Dividend Hikes

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Summary · why it matters

Target Corporation, National Fuel Gas Company, and Caterpillar Inc. each announced dividend increases in mid-June. Target declared a dividend of $1.16 per share payable September 1, with a yield of 3.42% and a payout ratio of 57% of earnings. National Fuel Gas set a dividend of $0.56 per share payable August 15, yielding 2.79% with a 28% payout ratio. Caterpillar announced a dividend of $1.63 per share payable September 19, yielding 0.65% with a 30% payout ratio. All three companies have raised their dividends six times over the past five years.

Impact on assets 3

Energy Transition & Power Demand▲ · 1 stocks
Caterpillar Inc
CAT
▲ PositiveCapitalrelevance

Caterpillar announced a dividend increase to $1.63 per share, signaling financial strength.

Utilities▲ · 1 stocks
National Fuel Gas Company
NFG
▲ PositiveCapitalrelevance

National Fuel Gas announced a dividend increase to $0.56 per share, signaling financial strength.

Consumer Staples▲ · 1 stocks
Target Corporation
TGT
▲ PositiveCapitalrelevance

Target announced a dividend increase to $1.16 per share, signaling financial strength.