PepsiCo, Inc. (NYSE:PEP)’s stock reached its 52-week high of $110.94 yesterday. The company’s Board of Directors declared a quarterly dividend of $0.7525 per share yesterday, a 7.1 % increase compared to the same period of last year. That increase pushes the company’s annual dividend yield to a solid 2.75%.
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Kellogg Company (NYSE:K) jumped by 2.66% on Thursday to touch its 52-week high of $85.69. They have inched up slightly higher today, reaching $86.16. Last month, Kellogg’s stock experienced a huge spike following speculation that The Coca-Cola Co (NYSE:KO) could potentially buy the cereal company. Shares are up by 19% this year.
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Johnson & Johnson (NYSE:JNJ) its new 52-week high on Thursday and pushed it higher today, to $124.30, before giving back the gains. The New Jersey-based consumer products giant is set to release its quarterly results on July 19. Wall Street expects $18 billion in revenue for the quarter, which would represent a 1.2% year-over-year increase.
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Honeywell International Inc. (NYSE:HON)’s stock opened yesterday’s session on a strong note, allowing it to hit its 52-week high of $120.02 before sliding back. The company reached an agreement with Airbus Group SE earlier this week to develop a system to avoid runway excursions by aircraft. A total of 55 hedge funds in our database were bullish on Honeywell International Inc. (NYSE:HON) at the end of the first quarter.
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Ethan Allen Interiors Inc. (NYSE:ETH) reached its 52-week high of $35.62 yesterday, courtesy of a robust 25% gain year-to-date. The Connecticut-based furniture company will announce its fourth quarter of fiscal year 2016 results on July 26.
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Aramark (NYSE:ARMK)’s stock spiked early in Thursday’s session, with the stock making its 52-week high of $35.82 as a result. The food services company, which has operations in Britain, has quickly rebounded from a steep slide following the Brexit, gaining 9% since June 27.
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