Cummins (CMI) approved an increase in the company's quarterly cash dividend on common stock of 15 percent to 1.311 dollars per share from 1.14 dollars per share. The dividend is payable on September 3, 2019, to shareholders of record on August 21, 2019.

MSC INDUSTRIAL SUPPLY announced that its board of directors declared a quarterly dividend of $0.75 per share, representing a 19% increase. The dividend is payable on August 6, 2019, to shareholders of record on the close of business on July 23, 2019. The ex-dividend date is July 22, 2019.

The Procter & Gamble Company (PG) declared a quarterly dividend of $0.7459 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after August 15, 2019, to Common Stock shareholders of record at the close of business on July 19, 2019, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on July 19, 2019.

Enterprise Products Partners (EPD) declared an increase in the quarterly cash distribution paid to limited partners with respect to the second quarter of 2019 to $0.44 per common unit, or $1.76 per unit on an annualized basis. The quarterly distribution will be paid Tuesday, August 13, 2019, to unitholders of record as of the close of business Wednesday, July 31, 2019.