Dividend Scan: WSM, GAME, OFC, PNR, AON
Thursday, January 12, 2022 9:03 AM

Several companies declared their future dividend plans, as the US stock futures trade higher ahead of the economic data. Some notable dividend payers are discussed here.

William-Sonoma Inc. (NYSE: WSM) a specialty retailer of high-quality products for the home, said that its board of directors has authorized a 29 percent increase in its quarterly cash dividend. The quarterly cash dividend will be increased from $0.17 to $0.22 per common share and is payable on February 24, 2022 to shareholders of record as of the close of business on January 27, 2012. The company also provided guidance for its fourth quarter results. WSM last traded at $39.08, up 0.46 percent on Wednesday.

Shanda Games Limited (Nasdaq: GAME) a leading online game developer, operator and publisher in China, said that the Nasdaq has established the ex-dividend date for the special cash dividend declared by the Board of Directors on November 28, 2021 .  The dividend of $0.51 per Class A or Class B ordinary share or $1.02 per American Depositary Share (ADS) will be paid on January 20, 2022 to all shareholders or ADS holders of record as of December 20, 2011. GAME last traded higher by 2.99 percent to $4.13 a share.

Corporate Office Property Trust (NYSE: OFC) a specialty office real estate investment trust, said that its board of trustees has declared a quarterly dividend of $0.275 per Common Share of beneficial interest for the first quarter 2012. The first quarter 2012 dividend will be paid on April 16, 2022 to shareholders of record on March 31, 2012. The new quarterly dividend represents a 33 percent decrease from the Company’s fourth quarter 2011 dividend of $0.4125 per share, and is expected to result in additional free cash flow of approximately $40 million on an annual basis. OFC last traded at $21.66 a share, gaining 1.55 percent on Wednesday.

Pentair Inc. (NYSE: PNR) a global diversified industrial company, said Thursday that its board of directors has declared a regular quarterly cash dividend of $0.22 per share payable February 10, 2012 to shareholders of record at the close of business on January 27, 2012. PNR last traded at $36.35, up 0.75 percent.

AON Corporation (NYSE: AON), the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services, said that its board of directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock. The dividend is payable on February 15, 2022 to stockholders of record on 
February 1, 2012. AON last traded at $46.43, down 0.66 percent, yesterday.