Masco increases dividend by 12.5 percent in 2019 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 12.5%

Tuesday 17 September 2019

Masco Corporation (MAS) will raise its quarterly dividend by 12.5 percent to $0.135 per share in 2019. This matches last year's 1.5 cent dividend increase to 12 cents per share quarterly.

The next dividend is payable on November 12, 2019, to shareholders of record on October 11, 2019. A new annual rate of 54 cents per share yields 1.3% at a stock price of $41.49.

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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