The board of directors of Walgreen Co. (NYSE: WAG) declared a regular quarterly dividend of 17.5 cents per share, a 27.3 percent increase over the year-ago dividend. The dividend is payable March 12, 2011, to shareholders of record Feb. 18, 2011.
Walgreens has paid a dividend in 313 straight quarters (78 years) and has raised its dividend for 35 consecutive years. The company has increased its dividend by a compound annual growth rate of 24.3 percent over the last six years.
Walgreens (walgreens.com) is the nation's largest drugstore chain.
Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.16 per share. The dividend is payable March 10, 2011 to shareholders of record on February 17, 2011. The ex-dividend date will be February 15, 2011.
Microsoft Corporation (Nasdaq: MSFT) develops, manufactures, licenses, and supports a range of software products and services for various computing devices worldwide.
The board of directors of Target Corporation (NYSE: TGT) has declared a quarterly dividend of 25 cents per common share. The dividend is payable March 10, 2011 to shareholders of record February 16, 2011. The first quarter dividend will be the company’s 174th consecutive dividend paid since October 1967 when the company became publicly held.
Target Corporation operates general merchandise and food discount stores in the United States.
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