Martin Marietta Materials,
Broadridge Financial Solutions,
International Flavors & Fragrances
were among the U.S. companies that declared dividend increases this week.
Martin Marietta Materials (ticker: MLM), which makes building materials, declared a quarterly payout of 57 cents a share, up almost 4% from 55 cents.
The stock, which yields 1%, has a negative return of about 20% so far this year.
Broadridge Financial Solutions (BR) said it would increase its annual dividend by 6%, to $2.30 a share. That equates to a quarterly disbursement of 57.5 cents a share.
Shares of the financial technology company have returned about 14% in 2020. They were recently yielding 1.6%.
International Flavors & Fragrances (IFF) plans to boost its quarterly dividend by 3% to 77 cents a share from 75 cents. The stock, which has a negative return of about 3% in 2020, yields 2.5%.
(ABX.Canada) declared a second-quarter dividend of 8 cents a share in U.S. currency, up 14%. The stock, which yields 1.2%, has returned about 50% this year, helped by rising gold prices.
Write to Lawrence C. Strauss at [email protected]