Dividend-News

Stocks Trading Ex-Dividend on 6/13/2016

Published Mon, 13 Jun 2016 11:23:39 +0200 on StreetInsider

The following is a list of companies trading ex-dividend on Monday, June 13th:

Devon Energy (NYSE: DVN) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 75% decrease from the prior dividend of $0.24. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.1 percent.
Allegion plc (NYSE: ALLE) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.8 percent.
Universal Insurance (NYSE: UVE) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. The dividend will be payable on July 5, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.2 percent.
Shaw Communications (NYSE: SJR) declared a monthly dividend of $0.09875 per share, or $1.185 annualized. The dividend will be payable on June 29, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 6.5 percent.
JMP Group (NYSE: JMP) declared a monthly dividend of $0.03 per share, or $0.36 annualized. The dividend will be payable on May 13, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 6.9 percent.In addition, the board of directors has increased the company’s share repurchase authorization by 745,981 common shares. As a result, as of the close of the market on April 18, 2016, a total of 1,500,000 common shares were eligible for repurchase through December 31, 2016.
World Wrestling Entertainment (NYSE: WWE) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. The dividend will be payable on June 27, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.9 percent.
GATX Corp. (NYSE: GATX) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.5 percent.
Comerica (NYSE: CMA) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is a 4.8% increase from the prior dividend of $0.21. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2 percent."The dividend increase reflects our company's solid capital position and our continued confidence in Comerica's business model and growth prospects," said Ralph W. Babb Jr., chairman and chief executive officer. "As we have done historically, we expect to continue to actively manage capital in a way that maximizes returns to shareholders while ensuring that we meet regulatory capital requirements."This action was taken in conjunction with Comerica's announcement on March 11, 2015, that the Federal Reserve did not object to Comerica's 2015 capital plan and contemplated capital distributions.

Teck Resources (NYSE: TCK) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.8 percent.
T. Rowe Price Group (Nasdaq: TROW) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. The dividend will be payable on June 29, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.8 percent.
BancorpSouth (NYSE: BXS) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.7 percent.
Domino's Pizza (NYSE: DPZ) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.1 percent.
Coca Cola (NYSE: KO) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.1 percent.
Newmarket (NYSE: NEU) declared a quarterly dividend of $1.60 per share, or $6.4 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.6 percent.
UGI Corp (NYSE: UGI) declared an annual dividend of $0.2375 per share, or $0.2375 annualized. This is a 4.4% increase from the prior dividend of $0.2275. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.6 percent.
CalAtlantic Group (NYSE: CAA) declared a quarterly dividend of $0.04 per share, or $0.16 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.5 percent.
Ares Capital (Nasdaq: ARCC) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 10.1 percent.
Chesapeake Utilities (NYSE: CPK) declared a quarterly dividend of $0.305 per share, or $1.22 annualized. This is a 6.1% increase from the prior dividend of $0.2875 . The dividend will be payable on July 5, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.9 percent.
Heritage Insurance (NYSE: HRTG) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.5 percent.
Evolution Petroleum (NYSE: EPM) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.9 percent.
Knoll (NYSE: KNL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.6 percent.
Preferred Apartment Communities (NYSE: APTS) declared a quarterly dividend of $0.2025 per share, or $0.81 annualized. This is a 5.2% increase from the prior dividend of $0.1925. The dividend will be payable on July 15, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 6.2 percent.

CEB (NYSE: CEB) declared a quarterly dividend of $0.4125 per share, or $1.65 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.7 percent.
Validus Holdings (NYSE: VR) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3 percent.
U.S. Silica (NYSE: SLCA) declared a quarterly dividend of $0.0625 per share, or $0.25 annualized. The dividend will be payable on July 6, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1 percent.
NexPoint Residential Trust (NYSE: NXRT) declared a quarterly dividend of $0.206 per share, or $0.824 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 5.8 percent.
Albemarle (NYSE: ALB) declared a quarterly dividend of $0.305 per share, or $1.22 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.8 percent.
Service Corp (NYSE: SCI) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is an 8.3% increase from the prior dividend of $0.12. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.9 percent.
New Jersey Resources (NYSE: NJR) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.7 percent.

XL Group (NYSE: XL) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.4 percent.XL Group also announced that the Board of Directors of the Company (the "Board") approved a new share buyback program, authorizing the Company to buy back up to $1 billion of its ordinary shares. The previous share buyback program, which had approximately $204.1 million remaining, was canceled. The Company expects the purchases to be made from time to time in the open market or in privately negotiated transactions, and that such purchases are expected to be funded from cash on hand. The timing, form and amount of the share buybacks under the program will depend on a variety of factors, including market conditions, legal requirements and other factors. The buyback program may be modified, extended or terminated by the Board at any time. All share buybacks will be carried out by way of redemption in accordance with Irish law and the Company's constitutional documents. All shares so redeemed will be canceled upon redemption.
United Community Banks (Nasdaq: UCBI) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.4 percent.
RenaissanceRe (NYSE: RNR) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.1 percent.
Urban Edge Properties (NYSE: UE) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.9 percent.
Motorola Solutions (NYSE: MSI) declared a quarterly dividend of $0.41 per share, or $1.64 annualized. The dividend will be payable on July 15, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.3 percent.
Leggett & Platt (NYSE: LEG) declared a quarterly dividend of $0.34 per share, or $1.36 annualized. This is a 6.3% increase from the prior dividend of $0.32. The dividend will be payable on July 15, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.8 percent.
First Financial (Nasdaq: THFF) declared a semi-annual dividend of $0.50 per share, or $1 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.8 percent.
Viacom (Nasdaq: VIAB) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 4.1 percent.
Banc of California (NYSE: BANC) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.5 percent.
First Capital (Nasdaq: FCAP) declared a quarterly dividend of $0.21 per share, or $0.84 annualized. The dividend will be payable on June 29, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.7 percent.
Investors Title Co (Nasdaq: ITIC) declared a quarterly dividend of $0.16 per share, or $0.64 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.7 percent.
Thermo Fisher Scientific (NYSE: TMO) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. The dividend will be payable on July 15, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.4 percent.
Altria Group (NYSE: MO) declared a quarterly dividend of $0.565 per share, or $2.26 annualized. The dividend will be payable on July 11, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.6 percent.
Parkway Properties (NYSE: PKY) declared a quarterly dividend of $0.1875 per share, or $0.75 annualized. The dividend will be payable on June 29, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 4.5 percent.
Hecla Mining (NYSE: HL) declared a quarterly dividend of $0.875 per share, or $3.5 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 84.3 percent.
J&J Snack Foods (Nasdaq: JJSF) declared a quarterly dividend of $0.39 per share, or $1.56 annualized. The dividend will be payable on July 7, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.5 percent.
Premier Financial Bancorp (Nasdaq: PFBI) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.6 percent.
Merck (NYSE: MRK) declared a quarterly dividend of $0.46 per share, or $1.84 annualized. The dividend will be payable on July 8, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 3.3 percent.
Atrion Corp (Nasdaq: ATRI) declared a quarterly dividend of $0.90 per share, or $3.6 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.9 percent.
Vishay Intertechnology (NYSE: VSH) declared a quarterly dividend of $0.0625 per share, or $0.25 annualized. The dividend will be payable on June 29, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2 percent.
W.R. Berkley (NYSE: WRB) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is an 8.3% increase from the prior dividend of $0.12. The dividend will be payable on July 5, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 0.9 percent.
Graphic Packaging (NYSE: GPK) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on July 5, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.5 percent.
Essendant (Nasdaq: ESND) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. The dividend will be payable on July 15, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 1.8 percent.
Simmons First National Corp (Nasdaq: SFNC) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2 percent.
El Paso Electric (NYSE: EE) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. This is a 5.1% increase from the prior dividend of $0.295. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.8 percent.
National Storage Affiliates Trust (NYSE: NSA) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is a 10% increase from the prior dividend of $0.20. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 4.2 percent.

MasterCraft (Nasdaq: MCFT) declared a special dividend of $4.30 per share. The dividend will be payable on June 10, 2016, to stockholders of record on June 6, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 32.7 percent. The special dividend will be funded through existing cash and borrowings under a new credit facility.Terry McNew, MasterCraft’s President and Chief Executive Officer, commented, “As we stated when we announced our share repurchase program in February, MasterCraft’s Board is committed to consistently evaluating the most prudent uses of the company’s strong balance sheet and free cash flow in order to maximize shareholder value, and today's announcement demonstrates that commitment. Our currently unlevered balance sheet and access to attractive financing allow us to recognize and reward shareholders with a meaningful return of capital. In addition, our new capital structure will allow us to create additional equity value going forward by utilizing free cash flow to repay debt.”Continued McNew, “As our investors know, MasterCraft has a very efficient business model which generates meaningful free cash flow. We believe this transaction is a prudent way to leverage that cash flow to provide a current return to our shareholders while continuing to drive long-term value creation through the sustained growth of our business.”The special dividend will be funded with cash on hand and borrowings under an amended and restated senior secured credit facility provided by the company’s existing lenders. The amended and restated facility provides the company with a new $50 million term loan, in addition to maintaining its capacity under its existing $30 million revolving credit facility. On a pro-forma basis that reflects the transaction, MasterCraft expects to have total debt of less than 1.4x reported Adjusted EBITDA for the 12 months ended March 27, 2016, and liquidity of approximately $25 million.Commented McNew, “Following completion of this transaction we will maintain a very conservative balance sheet, ample liquidity, and strong cash generation. Most important, we preserve the financial and operational flexibility to pursue our key strategic growth initiatives and to continue driving the sustainable, profitable growth and margin expansion our investors have come to expect from MasterCraft.”At $4.30 per share, MasterCraft’s special dividend represents approximately 33 percent of the company's closing stock price on May 26, 2016. Pursuant to Nasdaq rules, when a dividend is declared in a per share amount that exceeds 25 percent of its stock price, the date its shares will begin to trade without the dividend, or ex-dividend, is the first business day following the payable date. The company expects Nasdaq to apply this rule and the ex-dividend date as set by Nasdaq will be June 13, 2016, the first business day following the dividend’s payable date. Stockholders of record on the record date who sell their shares prior to the ex-dividend date will not receive the special cash dividend. The company expects that a portion of the special dividend will be in excess of its current and accumulated earnings and profits, with this excess amount treated as a nondividend distribution for U.S. federal income tax purposes, which will reduce the tax basis of a shareholder's common shares. If the nondividend distribution exceeds the shareholder's basis in its common stock, the remainder of the nondividend distribution in excess of the shareholder's basis will be treated as a capital gain. MasterCraft intends to provide a preliminary estimate of its accumulated earnings and profits through fiscal year end June 30, 2016 on or prior to July 25, 2016 in the Investor Relations section of its website (www.mastercraft.com). Since the earnings and profits amount will not be finalized until MasterCraft completes its corporate income tax returns for the June 30, 2016, fiscal year, the Company expects to provide final information as soon as it is available, but no later than January 2017. The U.S. federal income tax treatment of holding common stock to any particular stockholder will depend on the stockholder's particular tax circumstances. MasterCraft’s stockholders are urged to consult their tax advisor regarding the U.S. federal, state, local and foreign income and other tax consequences to them, in light of their particular investment or tax circumstances, of the receipt of the special dividend.
Summit Financial Group (Nasdaq: SMMF) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.3 percent.
HP, Inc. (NYSE: HPQ) declared a quarterly dividend of $0.124 per share, or $0.496 annualized. The dividend will be payable on July 6, 2016, to stockholders of record on June 8, 2016, with an ex-dividend date of June 6, 2016. The annual yield on the dividend is 3.7 percent.
Saga Communications (NYSE: SGA) declared a quarterly dividend of $0.25 per share, or $1 annualized. The dividend will be payable on July 8, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 2.4 percent.
Citizens Holding (Nasdaq: CIZN) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. The dividend will be payable on June 30, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016. The annual yield on the dividend is 4.4 percent.... Read more