Fluor Corporation (FLR) will raise its quarterly dividend by 28.0 percent to $0.16 per share in 2012. This is the construction company's first dividend hike since 2008, when the quarterly payment was increased by 25.0 percent.

Fluor Corporation is a global engineering, procurement, fabrication, construction and maintenance company.  The company is an integrated solutions provider for our clients in a diverse set of industries worldwide including oil and gas, chemicals and petrochemicals, mining and metals, transportation, power, life sciences and advanced manufacturing. Fluor was originally incorporated in California in 1924 as Fluor Construction Company. As a result of the reverse spin-off from Massey Energy, the “new” Fluor Corporation was relisted on the NYSE and began regular way trading on December 22, 2000.