were among the various large companies that announced dividend increases this week. It continues to be a busy period for such moves as companies report their latest financial results.
Prudential Financial (ticker: PRU), an insurer and asset manager, declared a quarterly dividend of $1.25 a share, an increase of 5 cents, or 4%.
The stock, which yields 4.9%, has a one-year return of minus 11%, including dividends, through Feb. 9, compared with minus 10% for the
Phillips 66 (PSX) said it plans to boost its quarterly disbursement to $1.05 a share from 97 cents. That’s an increase of 8%.
The energy company’s stock, which has a one-year return of 19%, yields 4%.
The global company’s fast-food brands include KFC, Taco Bell, Pizza Hut, and Habit Burger Grill.
Specialty glass manufacturer
(AVB), a real-estate investment trust specializing in apartments, declared a quarterly dividend of $1.65 a share. That’s up from $1.59 a share and represents an increase of nearly 4%.
As of Dec. 31, the company owned or held an interest in nearly 300 apartment communities in 12 states and the District of Columbia.
The stock, which yields 3.7%, has a one-year return of minus 25%.
Tractor Supply (TSCO), which operates a chain of stores in rural areas and whose customers include ranchers and recreational farmers, declared a quarterly dividend of $1.03 a share.
That’s a 12% boost from 92 cents a share. The stock, which yields 1.8%, has a one-year return of 6%.
Its services include advertising, marketing, and communications. The stock has a one-year return of minus 2%, and it yields 3.4%.
Shares of the home improvement and building product maker yield 2.1%, and they have a one-year return of minus 9%.
Write to Lawrence C. Strauss at [email protected]