As the US market traded in red during the day's trading, several companies declared their future dividend plans. Some notable dividend payers are discussed here.
Snap-on-Inc. (NYSE: SNA), which provides tools, equipment, diagnostics, repair information, and systems solutions for professional users, increased its quarterly dividend by 6.3 percent, or $0.02 a share, to $0.34 per share. The dividend is payable December 9, 2011 to shareholders as of November 18, 2011. Shares fell 1.30 percent, or $0.72, to trade at $54.52.
Carriage Services, Inc. (NYSE: CSV), a leading provider of deathcare services and merchandise in the US, announced that its Board of Directors today declared the quarterly dividend of $0.025 cents per share payable on December 1, 2011 to common share record holders as of November 14, 2011. Shares added 0.17 percent, or $0.01, to trade at $6.
Equifax Inc. (NYSE: EFX), a global leader in consumer and commercial information solutions, today announced that the Equifax Board of Directors declared a quarterly dividend of $0.16 per share, payable on December 15, 2011, to shareholders of record on November 24, 2011. Equifax has paid cash dividends for 98 consecutive years. Shares fell 1.54 percent, or $0.55, to trade at $35.16.
Cogdell Spencer Inc. (NYSE: CSA), a preferred real estate partner of healthcare industry, declared a cash dividend of $0.53125 per share for the Company's 8.5 percent Series A cumulative redeemable perpetual preferred stock for the period from September 1, 2011 to November 30, 2011. The dividend will be payable on December 1, 2011, to shareholders of record on November 17, 2011. Shares lost 4.74 percent, or $0.19, to trade at $3.82.
Starbucks Corp. (Nasdaq: SBUX), which purchases and roasts whole bean coffees, raised its quarterly dividend payout by 31 percent to $0.17 per share, up from its prior payout of $0.13. The new dividend will be paid December 2, 2011, to shareholders of record on November 17, 2011. Shares added 6.01 percent, or $2.49, to trade at $43.89.
Brinker International, Inc. (NYSE: EAT), which owns, develops, operates, and franchises various restaurant brands primarily in the, declared a quarterly dividend of $0.16 per share on the common stock of the company payable on December 29, 2011 to shareholders of record on December 9, 2011. Shares gained 0.09 percent, or $0.02, to trade at $22.93.
Las Vegas Sands Corp. (NYSE: LVS), the leading global developer of destination properties, declared a final quarterly dividend payment of $2.50 per share on its outstanding 10 percent Series A cumulative perpetual preferred stock to stockholders of record on Thursday, November 3, 2011. The dividend payment will be made on Tuesday, November 15, 2011. Shares were up 0.45 percent, or $0.22, to trade at $48.72.