(By Balaseshan) Dividend announcement by companies on Tuesday include: Baxter, Automatic Data Processing, Loews, SunTrust Banks, Dicks Sporting Goods, Elbit Systems, and Griffon.
Automatic Data Processing (NASDAQ: ADP) said its board increased the quarterly dividend to 43.5 cents from 39.5 cents per share, payable January 1, 2013 to shareholders of record at December 14, 2012. The stock, which has been in a $47.60 to $59.96 range for the past year, is currently trading up 0.38 percent at $55.63.
Griffon Corp. (NYSE: GFF) increased the quarterly dividend by 25 percent to $0.025 per share, payable on December 26 to shareholders of record on November 29. The stock, which has been in a $7.54 to $11.40 range for the past year, is currently trading down 2.41 percent at $8.92.
Baxter International Inc. (NYSE: BAX) declared a quarterly dividend of $0.45 per common share, payable on January 3, 2013 to shareholders of record December 7, 2012. The stock, which has been in a $47.55 to $66.71 range for the past year, is currently trading up 1.29 percent at $65.90.
Loews Corp. (NYSE: L) declared a quarterly dividend of $0.0625 per common share, payable on December 14 to shareholders of record on November 30. The stock, which has been in a $35.59 to $43.36 range for the past year, is currently trading down 0.85 percent at $40.64.
SunTrust Banks Inc. (NYSE: STI) declared quarterly dividend of $0.05 per common share, payable on December 14 to shareholders of record on November 30. The stock, which has been in a $15.79 to $30.79 range for the past year, is currently trading down 1.17 percent at $26.23.
Dicks Sporting Goods Inc. (NYSE: DKS) declared quarterly dividend of $0.125 per common and Class B common share, payable in cash on December 28 to stockholders of record on November 30. The stock, which has been in a $34.42 to $54.24 range for the past year, is currently trading up 4.41 percent at $50.85.
Elbit Systems Ltd. (NASDAQ: ESLT) declared a quarterly dividend of $0.30 per share, payable on December 3 to shareholders of record November 20. The stock, which has been in a $29.57 to $44.60 range for the past year, is currently trading up 3.31 percent at $35.28.