Stocks Trading Ex-Dividend on 12/17/2015

The following is a list of companies trading ex-dividend on Thursday, December 17th:

Huntington Bancshares (Nasdaq: HBAN) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. This is a 16.7% increase from the prior dividend of $0.06. The dividend will be payable on January 4, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 2.6 percent.
First Citizens Bancshares (Nasdaq: FCNCA) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. The dividend will be payable on January 4, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 0.5 percent.
Knight Transportation (NYSE: KNX) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. The dividend will be payable on December 4, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 0.9 percent.
Apollo Investment Corporation (Nasdaq: AINV) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. The dividend will be payable on January 5, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 14.6 percent.
Ramco-Gershenson (NYSE: RPT) declared a quarterly dividend of $0.90625 per share, or $3.625 annualized. The dividend will be payable on January 4, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 22.1 percent.
Sabre (Nasdaq: SABR) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. The dividend will be payable on December 30, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 1.2 percent.
Tiffany & Co. (NYSE: TIF) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. The dividend will be payable on January 11, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 2.2 percent.
WhiteHorse Finance (Nasdaq: WHF) declared a quarterly dividend of $0.355 per share, or $1.42 annualized. The dividend will be payable on January 4, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 11 percent.
DTE Energy Co. (NYSE: DTE) declared a quarterly dividend of $0.73 per share, or $2.92 annualized. The dividend will be payable on January 15, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 3.7 percent.
Greif (NYSE: GEF) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. The dividend will be payable on January 1, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 5.2 percent.
Royal Caribbean Cruises (NYSE: RCL) declared a quarterly dividend of $0.375 per share, or $1.5 annualized. The dividend will be payable on January 5, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 1.6 percent.
SEI Investments (Nasdaq: SEIC) declared a semi-annual dividend of $.26 per share, or $0.52 annualized. This is an 8.3% increase from the prior dividend of $0.24. The dividend will be payable on January 5, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 1 percent.In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $100 million, increasing the available authorization under the program to approximately $153 million. Since the beginning of calendar year 2015, the Company repurchased approximately 5.2 million shares at a cost of approximately $249 million.SEI also announced that Edward D. Loughlin, Executive Vice President of SEI and Head of the Institutional Investors segment of the Company, has advised the Company that he plans to retire effective January 31, 2016. He will continue working with the Company as a member of the Board of Directors of SEI's investment advisor subsidiary, SEI Investment Management Corp.Alfred P. West, Jr., SEI Chairman and CEO, said, "For 36 years, in a variety of leadership roles, Ed has made a significant contribution to SEI's growth and success. All of us at SEI thank him and wish him well in his retirement."
Marriott Vacations Worldwide (NYSE: VAC) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 20% increase from the prior dividend of $0.25. The dividend will be payable on January 6, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 2 percent.
Danaher (NYSE: DHR) declared a quarterly dividend of $0.135 per share, or $0.54 annualized. The dividend will be payable on January 29, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 0.6 percent.
Pinnacle Foods (NYSE: PF) declared a quarterly dividend of $0.255 per share, or $1.02 annualized. The dividend will be payable on January 8, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 2.3 percent.
Horace Mann Educators (NYSE: HMN) declared a quarterly dividend of $0.25 per share, or $1 annualized. The dividend will be payable on December 31, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 3 percent.
Lamar Advertising (Nasdaq: LAMR) declared a quarterly dividend of $0.69 per share, or $2.76 annualized. The dividend will be payable on December 30, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 4.7 percent.
Daktronics (Nasdaq: DAKT) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. The dividend will be payable on December 30, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 4.4 percent.
Douglas Dynamics (NYSE: PLOW) declared a quarterly dividend of $0.2225 per share, or $0.89 annualized. The dividend will be payable on December 31, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 3.9 percent.
AG Mortgage Investment Trust (NYSE: MITT) declared a quarterly dividend of $0.475 per share, or $1.9 annualized. The dividend will be payable on January 29, 2016, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 13.9 percent. The Company also announced today that it has formed a mortgage banking platform called Arc Home LLC (“Arc Home”) to originate conforming, FHA, Jumbo and non-QM residential mortgage loans. The Company formed Arc Home alongside private funds under the management of Angelo, Gordon & Co., L.P. (“Angelo, Gordon”). Arc Home will be led by 30 year industry veteran Barry Bier. The Company believes that forming Arc Home will provide attractive strategic and financial benefits to MITT and its shareholders, including:Licenses to originate, sell and service Fannie Mae, Freddie Mac and FHA/Ginnie Mae mortgage loans nationwide;Developing a leading efficient electronic lending program supporting the development of the electronic mortgage note market;The ability to purchase high quality housing finance products from compliance focused and qualified originators;The capability to purchase Mortgage Servicing Rights (“MSRs”) and to create excess MSRs for MITT at attractive yields;Enhancing the value of existing mortgage loans owned by MITT and Angelo, Gordon funds by implementing an active portfolio retention strategy;Creating an independent operating entity benefiting from MITT’s investment professionals and the broader Angelo, Gordon alternative investment platform; andProviding a management team comprised of leading mortgage banking professionals.Arc Home will be managed by Barry Bier, Sandy Blitzer, Martin Schroeter and Brad Brautigam (the “Management Team”). The Management Team has extensive experience building nationwide residential mortgage banking platforms. Arc Home anticipates that it will obtain the licenses needed to begin originating mortgage loans in 2016.“We chose to partner with an extremely experienced and talented management team, with whom I have worked for over 20 years,” said Jonathan Lieberman, Chief Investment Officer of MITT. “The management team of Barry, Sandy, Martin and Brad stood out to us as the right operating partner with a well-deserved reputation for excellence in the mortgage industry.”David Roberts, Chief Executive Officer of MITT, added, “MITT’s portfolio will benefit from Arc Home’s ability to create high quality residential mortgage investment opportunities. Arc Home expects to originate conforming, FHA, Jumbo and non-QM residential mortgage loans through a combination of retail, wholesale and correspondent channels, as well as MSRs. These investments significantly advance MITT’s strategic growth initiatives.”Barry Bier, Chief Executive Officer of Arc Home, added, “We share MITT’s and Angelo, Gordon’s high standards and believe our management team and theirs are very compatible. We are excited to form Arc Home as a sustainable source of future growth for MITT.”Arc Home will initially be capitalized with up to $30.0 million of which approximately $15.0 million will be provided by MITT.
CIM Commercial Trust (Nasdaq: CMCT) declared a quarterly dividend of $0.2187 per share, or $0.8748 annualized. The dividend will be payable on December 29, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 5.1 percent.
Allegheny Technologies (NYSE: ATI) declared a quarterly dividend of $0.08 per share, or $0.32 annualized. This is a 55.6% decrease from the prior dividend of $0.18. The dividend will be payable on December 30, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 2.4 percent.“Challenging market conditions continue to impact our Flat Rolled Products (FRP) segment standard stainless steel sheet and Grain-Oriented Electrical Steel (GOES) products,” said Rich Harshman, ATI’s Chairman, President and CEO. “As a result, we are reducing our quarterly cash dividend to $0.08 per share from $0.18 per share in the previous quarter.“As a result of actions we are taking, including cost reductions and limiting capital spending, we expect to have a solid liquidity position in 2016. We expect our High Performance Materials and Components segment to achieve significant profitable growth over the next several years, beginning in 2016, largely due to improving demand from the commercial aerospace market and cost reduction actions that have already been implemented. In addition, as announced earlier today, we are taking rightsizing actions to align our Flat Rolled Products operations to the current and expected intermediate-term challenging market conditions impacting our standard stainless steel sheet and GOES products. These actions are designed to return our FRP segment to sustainable profitability as soon as the second half of 2016.”
Omega Flex (Nasdaq: OFLX) declared a special dividend of $0.85 per share. The dividend will be payable on January 6, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 2.1 percent.Kevin R. Hoben, President and CEO of Omega Flex, Inc., stated, “It is with great pleasure we have announced this special dividend to our shareholders. The company has had record results so far in 2015, and the results of the hard work and investments made by OmegaFlex in its product designs, facilities, and dedicated people, are yielding the results we envisioned. Looking at the company’s strong balance sheet and cash flow, the board has reviewed the cash needs of the company and determined that it is appropriate to return some cash to the shareholders. The company continues to have adequate liquidity to meet its operating expenses and capital investment.”
Care Capital Properties (NYSE: CCP) declared a quarterly dividend of $0.57 per share, or $2.28 annualized. The dividend will be payable on December 31, 2015, to stockholders of record on December 21, 2015, with an ex-dividend date of December 17, 2015. The annual yield on the dividend is 7.4 percent.... Read more