Dividend Roundup: Wells Fargo, General Motors, Merck, Delta Air Lines, and more

This week’s dividend activity included increased payouts from Wells Fargo (NYSE:WFC) and Bank of America (BAC) as well as declarations from companies such as General Motors (NYSE:GM) and Merck (NYSE:MRK).

Additionally, looking towards next week, industry players like Delta Air Lines (NYSE:DAL) and Morgan Stanley (MS) 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:

Wells Fargo (WFC)

• Dividend declared: July 23
• New dividend amount: $0.40
• Previous amount: $0.35
• Increase: 14.3%

Cintas (CTAS)

• Dividend declared: July 23
• New dividend amount: $1.56
• Previous amount: $1.35
• Increase: 15.6%

Bank of America (BAC)

• Dividend declared: July 24
• New dividend amount: $0.26
• Previous amount: $0.24
• Increase: 8.3%

Dividend Declarations

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

General Motors (GM)

• Dividend declared: July 22
• Dividend amount: $0.12

Merck (MRK)

• Dividend declared: July 23
• Dividend amount: $0.77

American Electric Power (AEP)

• Dividend declared: July 24
• Dividend amount: $0.88

Cigna (CI)

• Dividend declared: July 24
• Dividend amount: $1.40

Upcoming Dividend Calendar

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

Weis Markets (WMK)

• Ex-dividend date: July 29
• Payout date: August 12

Delta Air Lines (DAL)

• Ex-dividend date: July 30
• Payout date: August 20

Morgan Stanley (MS)

• Ex-dividend date: July 31
• Payout date: August 15

JB Hunt (JBHT)

• Ex-dividend date: August 2
• Payout date: August 16