Citigroup raised its dividend 5.7% to 56 cents. Albemarle, Lockheed Martin, General Dynamics, and Valero all declared steady payouts. Texas Instruments sat out this week.
Citigroup raised its quarterly dividend to 56 cents a share from 53 cents, a 5.7% increase. The bank declared the new payout on the same day it released second-quarter results. The dividend is payable Aug. 23 to shareholders of record Aug. 2.
Albemarle declared a 40-cent quarterly dividend, unchanged from the prior quarter. The lithium producer's payout is due Oct. 1 to holders of record Sept. 13.
Lockheed Martin declared a $3.30 quarterly dividend, matching the previous payout. The aerospace contractor's dividend is payable Sept. 27 to shareholders of record Sept. 4.
General Dynamics declared a $1.50 quarterly dividend, in line with the prior quarter. The defense contractor's dividend is payable Oct. 11 to holders of record Oct. 4.
Valero Energy declared a $1.13 quarterly dividend, also unchanged. The refiner's payout is due Sept. 3 to shareholders of record Aug. 8.
Texas Instruments did not declare a new dividend this week. The semiconductor maker's most recent payout of $1.36 a share was paid May 13 to holders of record April 30.
Albemarle carries an Alpha Score of 69 out of 100 at AlphaScala, a label of Moderate. Lockheed Martin scores 54, also Mixed. Texas Instruments scores 49, labeled Mixed.
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