These 3 Stocks Just Declared Dividend Raises

McDonald's, Philip Morris International, and T-Mobile US recently declared dividend raises. McDonald's became a Dividend King with a 4% increase to $1.93 per share, while Philip Morris raised its quarterly disbursement to $1.60 per share by 9%. T-Mobile US increased its quarterly distribution to $1.17 per share, up 15%. McDonald's share price is trading at multiyear lows, but its NEXT strategy aims to take market share and boost profitability.

Philip Morris is growing smoke-free product volume while maintaining cigarette sales, and T-Mobile US has a lower dividend yield compared to AT&T and Verizon.