Dividend Scan: MCO, AGU, MRX, HST, NDZ, MITT
Wednesday, December 14, 2021 10:18 AM



As the U.S. market traded in a volatile note, several companies declared their future dividend plans. Some notable dividend payers are discussed here.

Moody’s Corp. (NYSE: MCO) raised its quarterly dividend 14 percent, as the credit rating and market research company joined a growing list of firms looking to bolster shareholder value. The dividend was increased to $0.16 from $0.14 a share and marked the second dividend increase Moody's board approved this year. In April, the dividend was raised 22 percent, from $0.115. The increase should cost the company an additional $4.4 million a quarter. Shares were down 0.27 percent, or $0.09, to trade at $33.40.

Agrium Inc. (NYSE: AGU) announced today that the Board of Directors has approved a quadrupling of Agrium's cash dividend on common stock to $0.225 per share on a semi-annual basis, up from the previous semi-annual dividend of $0.055 per share. The $0.225 per share dividend will be paid January 19, 2022 to shareholders of record on January 1, 2012. Shares fell 0.51 percent, or $0.33, to trade at $64.84.

Medicis Pharmaceutical Corp. (NYSE: MRX) today announced that its Board of Directors declared a quarter-end cash dividend of $0.08 per issued and outstanding share of its Common Stock payable on January 31, 2012, to stockholders of record on January 3, 2012. Shares were down 0.19 percent, or $0.06, to trade at $31.95.

Host Hotels & Resorts Inc. (NYSE: HST) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. This is a 7.1 percent increase from the prior dividend of $0.14. The dividend will be payable on January 17, 2012, to stockholders of record on December 30, 2011, with an ex-dividend date of December 28, 2011. The annual yield on the dividend is 4.3 percent. Shares were down 0.58 percent, or $0.10, to trade at $13.78.

Nordion Inc. (NYSE: NDZ) declared a quarterly dividend of $0.10 per share on the outstanding common shares of the Company. The dividend is payable on January 3, 2022 to shareholders of record at the close of business on December 23, 2011. Shares were trading at $8.82, with zero percent change on its last close.

AG Mortgage Investment Trust, Inc. (NYSE: MITT) declared a quarterly dividend of $0.70 per share, or $2.8 annualized. The dividend will be payable on January 27, 2012, to stockholders of record on December 30, 2011, with an ex-dividend date of December 28, 2011. The annual yield on the dividend is 14.7 percent. Shares were trading with zero percent change at $19.10.

 

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