(By Balaseshan) Dividend announcement by companies on Friday include: Horizon Bancorp, Darden Restaurants, Axis Capital, Pier 1 Imports, Medicis Pharmaceutical, Ennis, Ares Commercial Real Estate, and HopFed Bancorp.
Horizon Bancorp (NASDAQ:HBNC) said its board of directors has approved a 15.38% increase in its quarterly dividend from $0.13 to $0.15 per share, payable on October 12 to shareholders of record as of September 28. The stock, which has been in $16.17 to $28.15 range for past year, is currently trading up 0.44% at $27.48.
Darden Restaurants Inc. (NYSE:DRI) has declared a quarterly cash dividend of 50 cents per share, payable on November 1 to shareholders of record as of October 10. The stock, which has been in $40.69 to $57.93 range for past year, is currently trading up 3.97% at $56.89.
Axis Capital Holdings Ltd. (NYSE:AXS) has declared a quarterly dividend of $0.24 per common share, payable on October 15 to the shareholders of record as of October 2. The stock, which has been in $24.80 to $36.45 range for past year, is currently trading down 0.92% at $35.44.
Pier 1 Imports Inc. (NYSE:PIR), a specialty retailer of decorative home furnishings and gifts, has declared a quarterly dividend of $0.04 per common share, payable on October 31 to the shareholders of record as of October 17. The stock, which has been in $8.83 to $20.26 range for past year, is currently trading up 0.78% at $19.32.
Medicis Pharmaceutical Corp. (NYSE:MRX) has declared a quarterly dividend of $0.10 per common share, payable on October 31 to the shareholders of record as of October 1. The stock, which has been in $29.76 to $43.70 range for past year, remains unchanged from previous close of $43.44.
Ennis Inc. (NYSE:EBF), a manufacturer of business forms, apparel and other business products, has declared a quarterly cash dividend of 17 1/2 cents per common share, payable October 30 to shareholders of record on October 8. The stock, which has been in $12.08 to $17.74 range for past year, is currently trading down 1.38% at $16.39.
Ares Commercial Real Estate Corp. (NYSE:ACRE) has declared a quarterly cash dividend of $0.06 per common share, payable on October 11 to stockholders of record as of October 2. The stock, which has been in $15.76 to $18.20 range for past year, is currently trading down 0.06% at $17.51.
HopFed Bancorp Inc. (NASDAQ:HFBC), a savings and loan holding company, has declared a quarterly cash dividend of $0.02 per share, payable on October 19 to stockholders of record as of October 1. The stock, which has been in $4.98 to $9.05 range for past year, is currently trading down 1.06% at $7.50.