Dividend Changes to Know Now: Helmerich & Payne, Hubbell, Mid-America Apartment Communities, The Ensign Group, Bristol-Myers Squibb
Helmerich & Payne Inc. (NYSE:HP): Helmerich & Payne raises quarterly dividend to 15c per share. Helmerich & Payne announced that its Board of Directors declared a dividend of 15c per share of common stock, which more than doubles the company’s quarterly dividend for its first quarter of fiscal 2013 ending December 31. The dividend is payable on March 1, 2013 to shareholders of record at the close of business on February 15, 2013.
Hubbell, Inc. (NYSE:HUBA): Hubbell Incorporated raises annual dividend 10%, accelerates regular dividend. The Board of Directors of Hubbell declared an increase in the common stock dividend rate. The new annual payment rate of $1.80 per share, or 45c per quarter compares to the former rate of $1.64, or 41c per quarter. In addition, the Board of Directors approved accelerating the regular quarterly dividend payment from January 2013 to December. The dividend will be paid on December 26 to shareholders of record on December 14.
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Mid-America Apartment Communities Inc. (NYSE:MAA): Mid-America Apartment raises quarterly dividend 5.3% to 69.5c per share. The quarterly common dividend of 69.5c per share is payable on January 31, 2013 to shareholders of record on January 15, 2013.
The Ensign Group, Inc. (NASDAQ:ENSG): Ensign Group raises quarterly dividend 8.3% to 6.5c per share. The Ensign Group announced that its board of directors has declared a quarterly cash dividend of 6.5c per share of common stock, payable on or before December 28 to shareholders of record as of December 17. Ensign’s board accelerated this dividend payment in lieu of making a dividend payment in 1Q13.
Bristol-Myers Squibb Company (NYSE:BMY): Bristol-Myers raises dividend about 3% to 35c per share from 34c per share. The board of Bristol-Myers Squibb declared an increase of approximately 3% in the company’s quarterly dividend, beginning in Q1. The dividend increase will result in a quarterly dividend of 35c per share on the 10c par value Common Stock of the corporation for an indicative FY13 dividend of $1.40 per share, subject to the normal quarterly review by the board. The next quarterly dividend will be payable on February 1, 2013, to stockholders of record at the close of business on January 4, 2013. The directors also declared a quarterly dividend of 50c per share on the $2.00 Convertible Preferred Stock of the corporation, payable March 1, 2013, to stockholders of record at the close of business on February 1, 2013.
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