American Electric Power Raises Dividend as Sherwin-Williams, Carnival Set Payouts

American Electric Power lifted its quarterly dividend by $0.02 to $0.97 per share, while Sherwin-Williams, Carnival, Caterpillar and Costco set terms for upcoming shareholder distributions.

American Electric Power’s board set the common-stock payment at $0.97 per share, up $0.02. The payout is due Dec. 10 to investors listed as shareholders on Nov. 10.

Sherwin-Williams set its quarterly dividend at $0.80 per common share. Payment is scheduled for Dec. 4, with Nov. 13 as the record date. Carnival declared $0.15 per share, payable Nov. 27 to shareholders eligible on its Nov. 6 record date.

Caterpillar kept its quarterly dividend unchanged at $1.63 per share. Its ex-dividend and record dates coincide on Monday, Oct. 26, and payment is scheduled for Nov. 19. Costco declared a quarterly dividend of $1.47 per share, due Nov. 13 to shareholders of record Oct. 30. Its ex-dividend date is Thursday, Oct. 29.

Caterpillar’s Oct. 26 date is the first of the two upcoming ex-dividend dates.