Dividend Scan: CMI, OCC, FLY, EGAS
Monday, October 17, 2021 12:27 PM



Amidst the negative movement of the U.S. market, several companies declared their future dividend plans. Some notable dividend payers are discussed here.

 

Cummins Inc. (NYSE: CMI), which designs, manufactures, distributes and services diesel and natural gas engines, approved payment of the quarterly cash dividend on the company's outstanding common stock in the amount of $0.40 per share. The dividend would be payable on December 1, 2011, to shareholders of record on November 21, 2011. The board earlier this year increased the company's quarterly cash dividend on common stock by 52 percent to $0.40 per share from $0.2625 per share. Shares fell 3.58 percent, or $3.49, to trade at $94.11.

 

Optical Cable Corp. (Nasdaq: OCC), a leading provider of fiber optic and copper data communications cabling and connectivity solutions, declared a cash dividend of $0.01 per share on the company's common stock effective October 14, 2011. The dividend will be paid on or about November 15, 2011, to shareholders of record on October 28, 2011. Shares were trading at $3.30 with zero percent change on its last close.

 

Fly Leasing Ltd. (NYSE: FLY), which operates as a global aircraft lessor, declared a quarterly dividend of $0.20 per share. The dividend will be payable on November 21, 2011, to stockholders of record on October 31, 2011, with an ex-dividend date of October 27, 2011. Shares were down 1.36 percent, or $0.17, to trade at $12.01.

 

Gas Natural Inc. (AMEX: EGAS), which is engaged in the distribution and sale of natural gas to residential, commercial, and industrial customers in Montana, Wyoming, North Carolina, and Maine, announced that its board of directors declared a monthly dividend of $0.045 per share to shareholders of record as of October 14, 2021. The dividend will be payable on October 31, 2021. Shares were trading at $11.02 with zero percent change on its last close.


 

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