Coca-Cola and 10 More Companies That Raised Their Dividends This Week

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Coca-Cola
,

Humana
,

Cisco Systems
,
and

Sherwin-Williams

were among the large U.S. companies that announced dividend increases this week.

Coca-Cola (ticker: KO) declared a quarterly disbursement of 46 cents a share, up two cents, or 4.6%. It marked the beverage maker’s 61^st straight year of raising its dividend.

The stock, which yields 3.1%, has a one-year return that is about flat, including dividends, compared with minus 5% for the

S&P 500
.

Managed-care company Humana (HUM) said it plans to boost its quarterly payout to 88.5 cents a share, an increase of 12.4% from 78.75 cents. The stock, which has a one-year return of 21%, yields 0.7%.

Exelon

(EXC), a utility holding company, said it would raise its quarterly dividend to 36 cents a share from 33.75 cents. That’s an increase of 6.6%. The stock yields 3.4%, and it has a one-year return of 6%.

CSX

(CSX) declared a quarterly dividend of 11 cents a share, an increase of 10% from 10 cents. The freight railroad company’s stock, which yields 1.3%, has a one-year return of minus 10%.

Sherwin-Williams (SHW) said it plans to raise its quarterly disbursement to 60.5 cents a share from 60 cents for an increase of a little less than 1%. The company makes paintings and coatings.

The stock has a one-year return of minus 14%, and it yields 1.1%.

Analog Devices (ADI) declared a quarterly distribution of 86 cents a share, an increase of 10 cents, or 13%. The semiconductor company’s stock, which yields 1.8%, has a one-year return of 22%.

Another technology company, Cisco Systems (CSCO) said it plans to boost its quarterly dividend to 39 cents a share from 38 cents. That’s an increase of 2.6%.

The stock yields 3.1%, and it has a one-year return of minus 6%.

Westinghouse Air Brake Technologies

(WAB), also known as Wabtec, declared a quarterly payout of 17 cents a share, an increase of 13% from 15 cents. The stock has a one-year return of 11%, and it yields 0.6%. The company’s businesses include making locomotives.

Equinix

(EQIX), a real estate investment trust specializing in data centers, said it plans to raise its quarterly dividend to $3.41 a share from $3.10. That’s an increase of 10%. The stock, which has a one-year return of 6%, yields 1.9%.

Constellation Energy

(CEG), which generates and supplies renewable energy, plans to double its annual dividend to just under $1.13 a share from 56.4 cents. The quarterly disbursement will go to 28.2 cents a share from 14.1 cents. The stock, which yields 1.3%, has a one-year return of 89%.

Fintech company

Jack Henry & Associates

(JKHY) declared a quarterly dividend of 52 cents a share, up 3 cents for an increase of 6%.

The stock, which yields 1.3%, has a return that is flattish over the last 12 months.

Write to Lawrence C. Strauss at lawrence.strauss@barrons.com