Dividend Roundup: Oracle, Target, Microsoft, Southwest Airlines, and more

This week’s dividend activity included increased payouts from FedEx (FDX) and Target (NYSE:TGT) as well as declarations from companies such as Oracle (NYSE:ORCL) and Microsoft (NASDAQ:MSFT).

Additionally, looking towards next week, industry players such as Southwest Airlines (NYSE:LUV) and Meta Platforms (META) will see the ex-dividend dates for their upcoming dividend payments.

See a breakdown below of some of the highlights of this week, along with some upcoming activity on the dividend front.

Dividend Increases

Here are some companies that have announced a dividend increase in the past week:

FedEx (FDX)

• Dividend declared: June 9
• New dividend amount: $1.45
• Previous amount: $1.38
• Increase: 5.1%

HEICO (HEI)

• Dividend declared: June 11
• New dividend amount: $0.12
• Previous amount: $0.11
• Increase: 9.1%

Target (NYSE:TGT)

• Dividend declared: June 12
• New dividend amount: $1.14
• Previous amount: $1.12
• Increase: 4.65%

Dividend Declarations

Here are some companies that have announced a dividend in the past week:

TJX (TJX)

• Dividend declared: June 10
• Dividend amount: $0.425

Microsoft (NASDAQ:MSFT)

• Dividend declared: June 10
• Dividend amount: $0.83

Oracle (NYSE:ORCL)

• Dividend declared: June 12
• Dividend amount: $0.50

Colgate-Palmolive (CL)

• Dividend declared: June 12
• Dividend amount: $0.52

Upcoming Dividend Calendar

Here are some companies that have an ex-dividend date coming next week:

Iron Mountain (IRM)

• Ex-dividend date: June 16
• Payout date: July 3

Merck & Co (MRK)

• Ex-dividend date: June 16
• Payout date: July 8

Meta Platforms (META)

• Ex-dividend date: June 16
• Payout date: June 26

Southwest Airlines (NYSE:LUV)

• Ex-dividend date: June 18
• Payout date: July 9