Discover Financial Services (DFS) has approved a new $2.5 billion share repurchase program and increased the quarterly common stock dividend from $0.28 to $0.30 per share. The new share repurchase program expires on October 31, 2017, and may be terminated at any time. This is a five quarter share repurchase program and replaces the prior five-quarter, $2.2 billion program. The Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock payable on August 18, 2016, to holders of record at the close of business on August 4, 2016.
National Retail Properties (NNN) declared a quarterly dividend of 45.5 cents per share payable August 15, 2016 to common shareholders of record on July 29, 2016. The 4.6% increase in the quarterly dividend marks the 27th consecutive annual dividend increase for NNN.
Omega Healthcare Investors (OHI) declared a common stock dividend of $0.60 per share, increasing the quarterly common dividend by $0.02 per share over the previous quarter. The common stock dividend is payable Monday, August 15, 2016 to common stockholders of record as of the close of business on August 1, 2016.
EdR (EDR) has approved a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable August 15, 2016 to shareholders of record as of July 29, 2016.
PepsiCo (PEP) declared a quarterly dividend of $0.7525 per share of PepsiCo common stock, a 7.1 percent increase versus the comparable year-earlier period. This dividend is payable on September 30, 2016 to shareholders of record at the close of business on September 2, 2016.
Halliburton (HAL) declared a 2016 third quarter dividend of eighteen cents a share on the company's common stock payable September 28, 2016, to stockholders of record at the close of business on September 7, 2016.
