Monsanto Company (NYSE: MON) announced Wednesday that its Board of Directors increased the quarterly dividend by 5.7% to to 28 cents per share from 26.5 cents per share. The dividend is payable on Oct. 29, 2010 to shareowners of record on Oct. 8, 2010.
Murphy Oil Corporation (NYSE: MUR) said Wednesday that its Board of Directors increased the quarterly dividend by 10% to $.275 per share, or $1.10 per share on an annualized basis. The previous annualized dividend level was $1.00 per share. The dividend is payable September 1, 2010 to holders of record August 16, 2010.
Leggett & Platt (NYSE: LEG) announced Wednesday that its Board of Directors raised the quarterly dividend by one cent per share, or 3.8%, to $.27 per share. The dividend will be paid on October 15, 2010 to shareholders of record on September 15, 2010.
Acme United Corporation (AMEX: ACU) said Wednesday that its Board of Directors declared a cash dividend of 6 cents per share on its outstanding common stock. This represents an increase of 20 percent over each of the previous eight quarterly dividends. The dividend is payable on October 21, 2010 to stockholders of record on the close of business on October 1, 2010.
Safety Insurance Group Inc. (NASDAQ: SAFT) announced Wednesday that its Board of Directors approved and declared an increase in the quarterly cash dividend from $0.40 to $0.50 per share on the issued and outstanding common stock, payable on September 15, 2010 to shareholders of record at the close of business on September 1, 2010.
Disclosure: Author doesn't own any of the stocks discussed here.