Apple was one of a number of companies that boosted their shareholders payouts this past week.

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Apple, Chevron, and International Business Machines were among the many large U.S. companies that declared dividend increases this past week.

Technology behemoth Apple (ticker: AAPL) declared a quarterly disbursement of 22 cents a share, up from 20.5 cents, for a 7% boost. As of April 29, the stock, which yields 0.7%, had a year-to-date return of 0.75%, dividends included.

Chevron (CVX) plans to raise its quarterly dividend by nearly 4% to $1.34 a share from $1.29. The stock, which has returned about 28% this year, yields 5.2%.

International Business Machines (IBM) said it will hike its quarterly dividend by a penny, or less than 1%, to $1.64 a share. The stock, which yields 4.6%, has returned about 16% this year.

It marks the 26th straight year in which the company has paid out a higher dividend.

Cereal and food company Kellogg (K) announced that it will raise its quarterly dividend by a penny to 58 cents a share. The stock, which yields 3.7%, has returned about 2% in 2021.

Raytheon Technologies (RTX) declared a quarterly disbursement of 51 cents a share, up 7% from 47.5 cents. The aerospace and defense company’s stock, which has returned about 17% this year, yields 2.5%.

Paccar (PCAR), whose products include trucks, plans to raise its quarterly dividend by 2 cents, or 6%, to 34 cents a share. The stock has returned about 7% this year, and it yields 1.5%.

Cabot Oil & Gas (COG) said it will raise its quarterly dividend by a penny, or 10%, to 11 cents a share.

The stock, which yields 2.4%, has returned about 5% this year.

Another energy firm, Marathon Oil (MRO), declared a quarterly dividend of 4 cents a share, up from 3 cents. The stock yields 1%, and it has returned about 75% in 2021.

Write to Lawrence C. Strauss at lawrence.strauss@barrons.com

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