Agrium Inc. (AGU) announced that it’ll pay a semi-annual dividend of 50 cents a share on July 12 to shareholders of record as of July 1. The payout is more than double its prior dividend of 22.5 cents a share. “The further increase in our dividend is an indication of the strength in our earnings outlook across both our retail and wholesale operations and how our growth strategy has continued to deliver results for the benefit of shareholders,” the company said. AGU has a dividend yield of 1.26%. AGU has an equity summary score of 7.6 out of 10 for a Bullish outlook.
Package-delivery company FedEx (FDX) announced a one-cent, or 7.7%, dividend increase that takes its quarterly payout to 14 cents a share and will cost the company about $12.6 million more a year. FDX has a dividend yield of 0.64%. AGU has an equity summary score of 8.0 out of 10 for a Bullish outlook.
Upscale apartment developer Post Properties Inc. (PPS) raised its quarterly dividend by 14%, as the real- estate investment trust looks to boost shareholder value. The three-cent increase brings Post’s quarterly payout to 25 cents a share and will cost the REIT about $6.4 million more a year. PPS has a dividend yield of 2.03%. PPS has an equity summary score of 8.0 out of 10 for a Bullish outlook.