were among the U.S. companies that declared dividend increases last week.
They come at a time when there are signs that dividends, many of which were cut or suspended due to the pandemic earlier this year, are stabilizing.
S&P Dow Jones Indices is now forecasting a 1% decline in S&P 500 dividend payments this year versus 2019 levels, an improvement from its forecast in May of a 3-4% drop.
Fast-food restaurant company McDonald’s (ticker: MCD) declared a quarterly disbursement of $1.29 a share, up 3% from $1.25.
The stock, which yields, 2.3%, has gained about 16% this year, dividends included.
Home builder KB Home (KBH) plans to up its quarterly payout to 15 cents a share from 9 cents. That’s a 67% increase.
The stock, which has returned about 20% year to date, yields 0.9%.
Manufacturing firm RPM International (RPM) will pay out a quarterly dividend of 38 cents a share. That’s a 5.5% increase from 36 cents.
That stock has returned about 15% in 2020, and it yields 1.8%. It marks the 47th straight year in which the company has raised its dividend.
The company’s products include coatings, sealants and building materials.
(THO), which makes recreational vehicles, said it will boost its quarterly disbursement by a penny to 41 cents a share for a 2.5% increase.
The stock, which yields 1.7%, has returned about 32% this year.
Write to Lawrence C. Strauss at [email protected]