Masco Corp increases dividend by 14.3 percent in 2018 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Masco As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Masco As of October 10, 2023	MAS	$1.14	1.9%	19.1%	67.9%
Building Products	2.2%	10	18.9%	Quarter	1991

Masco hikes dividend by 14.3%

Friday 28 September 2018

Masco Corporation (MAS) will raise its quarterly dividend by 14.3 percent to $0.12 per share in the fourth quarter of 2018.

Last year the building products company hiked its dividend by 5.0 percent to $0.105 per share quarterly.

The increased dividend is payable on November 13, 2018, to shareholders of record on October 12, 2018. The ex-date for this next quarterly dividend of 12 cents per share is October 11, 2018. The new annual dividend of $0.48 per share yields 1.3% at a stock price of $36.60.

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).

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