Microsoft declared a quarterly dividend of $0.39 per share, reflecting a 3 cent or 8 percent increase over the previous quarter's dividend. The dividend is payable December 8, 2016 to shareholders of record on November 17, 2016. The ex-dividend date will be November 15, 2016.

Target has declared a quarterly dividend of 60 cents per common share. The dividend is payable Dec. 10, 2016 to shareholders of record at the close of business Nov. 16, 2016.

Marsh & McLennan Companies (MMC) declared a quarterly dividend of $.34 per share on outstanding common stock, payable on November 15, 2016, to shareholders of record on October 11, 2016.

PG&E Corporation (PCG) declared its third-quarter 2016 regular cash dividend of 49 cents per share on the Corporation's common stock. The dividend is payable on October 15, 2016, to shareholders of record on September 30, 2016.

Essex Property Trust (ESS) has declared a regular quarterly cash dividend of $1.60 per common share payable October 14, 2016 to shareholders of record as of September 30, 2016.

FirstEnergy Corp. (FE) declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable December 1, 2016, to shareholders of record at the close of business on November 7, 2016.

PNM Resources (PNM) declared the regular quarterly dividend of $0.22 per share on the company's common stock. The dividend is payable Nov. 14, 2016, to shareholders of record at the close of business Oct. 31, 2016.