Amidst the negative movement of the U.S. stock indexes, several companies declared their future dividend plans. Some notable dividend payers are discussed here.
Education Realty Trust Inc. (NYSE: EDR) raised its quarterly dividend to 7 cents per share, payable August 16, 2011, to shareholders of record on July 29, 2011. Shares were down 0.36 percent, or 3 cents, to trade at $8.22.
Shares of Wayne Savings Bancshares Inc. (Nasdaq: WAYN) were down 0.49 percent, or 4 cents, to trade at $8.11 despite declaring a cash dividend of 6 cents per share. The dividend is payable July 27, 2011, to shareholders of record on July 13, 2011.
Acme United Corp. (AMEX: ACU) declared a cash dividend of 6 cents per share, payable July 25, 2011, to shareholders of record on July 5, 2011. Shares were last trading at $9.30, with zero percent change on its last close.
Zep Inc. (NYSE: ZEP) announced a quarterly dividend of 4 cents per share, payable August 1, 2011 to shareholders of record on July 15, 2011. Shares added 0.06 percent, or 1 cent, to trade at $17.93.
Oil-Dri Corp. of America (NYSE: ODC) declared a quarterly cash dividend of 17 cents per share, payable September 2, 2011, to shareholders of record on August 19, 2011. Shares added 0.05 percent, or 1 cent, to trade at $19.53.
Masco Corp. (NYSE: MAS) announced a quarterly dividend of $0.075 per common share, payable August 8, 2011, to shareholders of record on July 8, 2011. Shares fell 2.02 percent, or 25 cents, to trade at $12.11.
Methode Electronics Inc. (NYSE: MEI) declared a quarterly dividend of 7 cents per share, payable July 29, 2011 to shareholders of record on July 15, 2011. Shares added 0.39 percent, or 4 cents, to trade at $10.30.
