(By Balaseshan) Dividend announcement by companies on Tuesday include: Merck, SL Green Realty, SPX Corp., Covanta Holding, and Globe Specialty Metals.
Merck & Co. Inc. (NYSE: MRK) said its board increased the quarterly dividend to $0.43 from $0.42 per share, payable on Jan. 8, 2013 to shareholders of record on Dec. 17, 2012. The stock, which has been in a $33.69 to $48 range for the past year, is currently trading down 0.52 percent at $43.97.
SL Green Realty Corp. (NYSE: SLG) said its board lifted the quarterly dividend by 32 percent to $0.33 per share, payable on Jan. 15, 2013 to shareholders of record on Jan. 2, 2013. The stock, which has been in a $60.22 to $85.74 range for the past year, is currently trading down 0.31 percent at $74.11.
SPX Corp. (NYSE: SPW) declared a quarterly dividend of $0.25 per common share, payable on Dec. 27 to shareholders of record on Dec. 12. The stock, which has been in a $56.31 to $79.42 range for the past year, is currently trading down 2.30 percent at $67.47.
Covanta Holding Corp. (NYSE: CVA) declared a quarterly cash dividend of $0.15 per share, payable on Dec. 26 to stockholders of record on Dec. 18. The stock, which has been in a $12.87 to $18.55 range for the past year, is currently trading up 1.65 percent at $18.45.
Globe Specialty Metals Inc. (NASDAQ: GSM) declared a quarterly dividend of $0.125 per share, payable on Dec. 28 to shareholders of record on Dec. 17. The stock, which has been in a $11.41 to $17.23 range for the past year, is currently trading up 0.32 percent at $14.04.