Stocks Trading Ex-Dividend on 5/6/2014

The following is a list of companies trading ex-dividend on Tuesday, May 6th:

Discover Financial Services (NYSE: DFS) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. This is a 20% increase from the prior dividend of $0.20.The dividend will be payable on May 22, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 1.7 percent.The company also announced that its Board of Directors has approved a new $3.2 billion share repurchase program. The new share repurchase program expires on April 15, 2016, and may be terminated at any time. It replaces the prior $2.4 billion share repurchase program. The company expects to make share repurchases from time to time subject to the company’s capital plan, market conditions and other factors, including legal and regulatory restrictions and required approvals.
Silicon Motion Technology (Nasdaq: SIMO) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.The dividend will be payable on May 16, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 3.5 percent.
Atlas Pipeline Partners L.P. (NYSE: APL) declared a quarterly dividend of $0.62 per share, or $2.48 annualized.The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 7.9 percent.
PC-Tel, Inc. (Nasdaq: PCTI) declared a quarterly dividend of $0.04 per share, or $0.16 annualized. The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014. The annual yield on the dividend is 1.9 percent.
Cardinal Financial Corp (Nasdaq: CFNL) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.The dividend will be payable on May 23, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 1.8 percent.
Extended Stay America (NYSE: STAY) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.The dividend will be payable on May 22, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 2.7 percent.
Micrel, Inc. (Nasdaq: MCRL) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.The dividend will be payable on May 22, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 1.8 percent.
Matson, Inc. (NYSE: MATX) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.The dividend will be payable on June 5, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 2.6 percent.
American Midstream Partners LP (NYSE: AMID) declared a quarterly dividend of $0.4625 per share, or $1.85 annualized. This is a 2.2% increase from the prior dividend of $0.4525.The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 6.8 percent.
Boardwalk Pipeline Partners (NYSE: BWP) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 2.5 percent.
Regency Energy Partners L.P. (NYSE: RGP) declared a quarterly dividend of $0.48 per share, or $1.92 annualized.The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 7 percent.
Alliance Resource Partners LP (Nasdaq: ARLP) declared a quarterly dividend of $1.2225 per share, or $4.89 annualized.The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 5.6 percent.
Macatawa Bank Corp (Nasdaq: MCBC) declared a quarterly dividend of $0.02 per share, or $0.08 annualized.The dividend will be payable on May 29, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 1.7 percent.
First Interstate BancSystem, Inc. (Nasdaq: FIBK) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.The dividend will be payable on May 19, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 2.5 percent.
MeadWestvaco Corp. (NYSE: MWV) declared a quarterly dividend of $0.25 per share, or $1 annualized.The dividend will be payable on June 2, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014.The annual yield on the dividend is 2.6 percent.
New York REIT, Inc. (NYSE: NYRT) declared a monthly dividend of $0.038333333 per share, or $0.459999996 annualized. The dividend will be payable on May 15, 2014, to stockholders of record on May 8, 2014, with an ex-dividend date of May 6, 2014. The annual yield on the dividend is 4.3 percent.The company said pursuant to the prior authorization of its board of directors, NYRT intends to continue payment of monthly distributions. Following its listing on the New York Stock Exchange ("NYSE"), NYRT will pay distributions on the 15th day of each month to stockholders of record as of close of business on the 8th day of such month.As previously announced, NYRT's board of directors has determined that it is in the best interest of NYRT's stockholders to modify the payment of monthly distributions to an annualized rate of $0.46 per share beginning with the first distribution to be paid following its listing on the NYSE. NYRT believes this rate is competitive with its publicly traded company peers, and it will also increase its ability to reinvest in its business and grow its dividend year over year, thereby positioning NYRT to maximize total stockholder value.... Read more