As the US market remained volatile during the day, several companies declared their future dividend plans. Some notable dividend payers are discussed here.
Celanese Corp. (NYSE: CE) declared a quarterly dividend of 5 cents per share, payable on May 2, 2011 to shareholders of record on April 18, 2011. Shares of the company gained 0.52 percent or 24 cents to $46.68.
Sealed Air Corp. (NYSE: SEE) reported a regular cash dividend of 13 cents per share, payable on June 17, 2011 to shareholders of record on June 3, 2011. Shares of the company lost 0.38 percent or 10 cents to $26.46.
Kaiser Aluminum Corp. (Nasdaq: KALU) gained 0.32 percent or 16 cents to $49.63 as it declared a quarterly cash dividend of 24 cents per share. The dividend is payable on May 13, 2011 to shareholders of record on April 25, 2011.
Seagate Technology Plc (Nasdaq: STX) reestablishes its annual dividend of 18 cents per share. Shares of the company jumped 9.05 percent or $1.34 to $16.03.
PNC Financial Services Group Inc (NYSE: PNC) has raised its dividend to 35 cents per share. Shares of the company gained 0.03 percent or 1 cent to $63.52.
KB Home (NYSE: KBH) lost 0.85 percent or 10 cents to $11.72 despite declaring a quarterly cash dividend of $0.0625 per share. The dividend is payable on May 19, 2011 to shareholders of record on May 5, 2011.
QAD Inc (Nasdaq: QADA) declared a quarterly dividend of 6 cents per share, payable on July 12, 2011 to shareholders of record on June 1, 2011. Shares of the company gained 1.81 percent or 20 cents to $11.25.