(By Balachander) Dividend announcement by companies on Friday include: Abercrombie & Fitch, Canadian Pacific Railway, Cooper Tire, Corrections Corp Of America, Harris Corp., Kellogg and Macy's.
Abercrombie & Fitch Co. (NYSE: ANF) declared a quarterly cash dividend at the increased rate of $0.20 per share on the Class A Common Stock payable on March 19, 2013 to shareholders of record at the close of business on March 4, 2013. Shares tumbled 7.22 percent to trade at $45.51.
Canadian Pacific Railway Ltd. (NYSE: CP) declared a quarterly dividend of C$0.35 per share, payable on April 29, 2013 to holders of record at the close of business on March 28, 2013. Shares added 0.97 percent to trade at $118.02.
Cooper Tire & Rubber Co. (NYSE: CTB) announced a quarterly dividend of 10.5 cents per share, payable March 29, 2013, to stockholders of record at the close of business March 6, 2013. Shares rose 1.51 percent to trade at $25.47.
Corrections Corp Of America (NYSE: CXW) declared a dividend for the first quarter of $0.53 per share to be paid on April 15, 2013 to shareholders of record as of the close of business on April 3, 2013. Shares gained 1.08 percent to trade at $37.35.
Harris Corp. (NYSE: HRS) declared a quarterly cash dividend of 37 cents per share, payable March 20, 2013 to shareholders of record March 7, 2013. Shares traded 2.19 percent higher at $48.03.
Kellogg Co. (NYSE: K): declared a dividend of $0.44 per share, payable March 15, 2013, to shareowners of record at the close of business on March 4, 2013. Shares inched 0.44 percent higher at $59.93.
Macy's Inc. (NYSE: M) declared a quarterly dividend of 20 cents per share, payable April 1, 2013, to shareholders of record at the close of business on March 15, 2013. Shares dropped 0.66 percent to trade at $39.08.