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Among the companies that announced an increase in their dividends over the past week, two railroad operators, a large consumer goods company and a promoter of regional shopping centers.
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One of the railway companies, Norfolk Southern (NSC), declared a quarterly dividend of 80 cents a share, up from 72 cents previously, an increase of 11%. Its action yielded recently 1.9%. Its rail network covers part of the Midwest, Northeast and Southeast.
Union Pacific (UNP) announced plans to increase its quarterly distribution to 80 cents per share from 73 cents previously. This would be an increase of almost 10%. Its recent performance was 2.2%. Its railway network covers the western two-thirds of the United States
Kellogg (K), whose products include breakfast cereals and snacks, plans to increase its quarterly payment to 56 cents a share from 54 cents a gain of nearly 4%. Its recent performance was 3.2%.
Simon Property Group (SPG) declared a quarterly dividend of $ 2 per share, up 1 nickel. It's a gain of 2.6%. Its yield was recently 4.4%.
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