As the US stocks add to losses after disappointing jobs data, several companies declared their future dividends. Some notable dividend payers are discussed here.
CTI Industries Corp. (Nasdaq: CTIB) a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, said Friday that its board of directors declared a quarterly dividend of $0.05 per share. The dividend is payable on July 28, 2011, to shareholders of record on July 18, 2011. CTIB is trading lower by 1.16 percent to $5.13 on Friday.
Ecology & Environment Inc. (Nasdaq: EEI) said Friday, that based on the strong financial condition of the company, its board of directors declared an increase of the six-month dividend to 24 cents per share. The dividend is payable on or before August 5 to shareholders of both Class A and Class B common stock on record as of July18. EEI is trading lower by 0.30 percent to $16.88 on Friday.
Celanese Corp. (NYSE: CE) a global technology and specialty materials company, said Thursday after the closing bell, that its board of directors declared a quarterly dividend of $0.06 per share on its common stock, payable on August 1, 2011, to shareowners of record as of July 18, 2011. Celanese is trading lower by 2.88 percent to $53.93 on Friday.
Clough Global Opportunities Fund (AMEX: GLO) declared a quarterly cash distribution of $0.27 per common share for July 2011. The dividend will be payable on July 29, 2011 to shareholders of record on July 20, 2011. GLO is down 1.10 percent to $13.50 on Friday.
