Thomson Reuters Corp (TRI) announced that it will be raising its dividends by 1.54%, an increase of annually from $1.30 to $1.32 (on the U.S listed security, NYSE: TRI). A quarterly dividend of $0.33 is payable on Mar 17, 2014 to common shareholders of record as of Feb 24, 2014. This dividend increase marks the 21st consecutive annual dividend increase by the company.
In 2013, the company returned approximately $400M to shareholders through repurchase of approximately 10.9M shares. Approx $300M of these repurchase in the fourth quarter of 2013 were part of the company’s previously announced plans to repurchase up to $1B of its shares by the end of 2014.