Masco Corporation (MAS) will raise its quarterly dividend by 5.6 percent to $0.095 per share in the fourth quarter of 2015. The home improvement products company has increased its dividend annually since 2014.
The new dividend is payable on November 9, 2015, to shareholders of record on October 9, 2015. The ex-date for this increased dividend of 9.5 cents per share is October 7, 2015.
Masco Corporation is a manufacturer of branded home improvement and building products. The Company’s brands include Behr (paint); Delta and Hansgrohe (faucets, bath and shower fixtures); KraftMaid and Merillat (cabinets); Milgard (windows and doors); and HotSpring (spas).