Dividend Increases: XL, ABBV, RUTH, LO, ITT

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This morning, XL Group ( XL ) declared its quarterly dividend of 16 cents per share, an increase of about 14% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.2% going forward. Shares of XL Group were modestly higher today, climbing 0.5% so far.

Among dividend increases, AbbVie ( ABBV ) announced its quarterly dividend of 42 cents per share, an increase of about 5% over its prior dividend. Ruth's Hospitality Group ( RUTH ) announced its quarterly dividend of 5 cents per share, an increase of 25% over its prior dividend. Lorillard ( LO ) announced its quarterly dividend of 61.5 cents per share, an increase of about 12% over its prior dividend. And ITT Corporation ( ITT ) announced its quarterly dividend of 11 cents per share, an increase of 10%.

Dividend Increases: XL, ABBV, RUTH, LO, ITT VIDEO: Dividend Increases: XL, ABBV, RUTH, LO, ITT

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing Investing Ideas
Referenced Stocks: XL , ABBV , RUTH , LO , ITT


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