Dividend Changes on the Week: Richardson Electronics, Alliance Resource Partners, LyondellBasell Industries, West Bancorp
Richardson Electronics Ltd. (NASDAQ:RELL) increases dividend to 6c from 5c. Richardson Electronics announced that its Board of Directors voted to declare a 6c quarterly dividend per share to all holders of common stock and a 5.4c cash dividend per share to all holders of Class B common stock. The dividend will be payable on September 11 to all common stockholders of record on August 28.
Alliance Resource Partners LP (NASDAQ:ARLP) increases quarterly dividend to $1.0625 per unit. The Board of Directors of its managing general partner increased the cash distribution to unitholders for the 2012 Quarter to $1.0625 per unit (an annualized rate of $4.25 per unit), payable on August 14, 2012 to all unitholders of record as of the close of trading on August 7, 2012. The announced distribution represents a 15.2% increase over the cash distribution of $0.9225 per unit for the 2011 Quarter and a 3.7% increase over the cash distribution of $1.025 per unit for the first quarter of 2012.
LyondellBasell Industries NV (NYSE:LYB) increases interim quarterly dividend 60% to 40c.
West Bancorp., Inc. (NASDAQ:WTBA) increases dividend 25% to 10c. West Bancorporation, parent company of West Bank, reported that its Board of Directors declared a quarterly dividend of 10c per common share. This amount represents a 25% increase over the previous quarterly dividend. The dividend is payable on August 28, to shareholders of record on August 8.
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