Three Unrelated Companies Send Dividend Checks on the Same Day
Three unrelated companies - UnitedHealth, BlackRock, and Stanley Black & Decker - paid shareholders on the same day, September 22. Each company paid a different amount: $2.32 per share for UnitedHealth, $5.73 for BlackRock, and $0.84 for Stanley Black & Decker.
UnitedHealth's payment of $2.32 matched the prior quarter's rate, which was raised in June to $2.32 from $2.21. This is its second consecutive payment at this rate. In contrast, BlackRock paid at a rate that had been increased by 10% earlier in the year.
Stanley Black & Decker stands out because it's the only one of the three companies to raise its dividend rate in the quarter. The company's $0.84 per share payment is up from $0.83 in the prior quarter, marking the first payment at this new rate.