Stocks Trading Ex-Dividend on 3/2/2016

The following is a list of companies trading ex-dividend on Wednesday, March 2nd:

Northern Trust (Nasdaq: NTRS) declared a quarterly dividend of $0.36 per share, or $1.44 annualized. The dividend will be payable on April 1, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 2.3 percent.
Chemical Financial (Nasdaq: CHFC) declared a quarterly dividend of $0.26 per share, or $1.04 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3.3 percent.
Bank of America (NYSE: BAC) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on March 25, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.5 percent.
Dominion Resources (NYSE: D) declared a quarterly dividend of $0.70 per share, or $2.8 annualized. The dividend is an increase of 8.1 percent from the current rate of $0.6475The dividend will be payable on March 20, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 4.1 percent.
Navient (Nasdaq: NAVI) declared a quarterly dividend of $0.16 per share, or $0.64 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 6.8 percent.
Arthur J. Gallagher (NYSE: AJG) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. This is a 2.7% increase from the prior dividend of $0.37. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 4.2 percent.
PDL BioPharma (Nasdaq: PDLI) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is down from $0.15 per share on a quarterly basis, or $0.60 annualized. The dividend will be payable on March 11, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 6.3 percent.John P. McLaughlin, president and chief executive officer of PDL, stated, "Our dividends are an important element of our commitment to return value to our shareholders. Currently, as a provider of alternative sources of capital, we are in a unique position to capitalize on a highly favorable environment for such providers. These current prospects, and our approximately $219 million in cash and equivalents as of December 31, 2015, will allow us to make significant strategic investments that will drive long-term growth and therefore greater value for our shareholders. As a result, the Board evaluated the quarterly dividend based upon a number of factors, all relating to the strong prospects for the long-term growth of PDL."
Hancock Holding (Nasdaq: HBHC) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. The dividend will be payable on March 15, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 4 percent.
Suncor Energy (NYSE: SU) declared a quarterly dividend of $0.29 per share, or $1.16 annualized. The dividend will be payable on March 25, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 5.2 percent.
Exponent, Inc. (Nasdaq: EXPO) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 20% increase from the prior dividend of $0.15. The dividend will be payable on March 25, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.5 percent.
Pepsi (NYSE: PEP) declared a quarterly dividend of $0.7025 per share, or $2.81 annualized. The dividend will be payable on March 31, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 2.9 percent.
First Merchants Corp (Nasdaq: FRME) declared a quarterly dividend of $0.11 per share, or $0.44 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.9 percent.
Cognex Corp (Nasdaq: CGNX) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 0.9 percent.
Columbia Sportswear (Nasdaq: COLM) declared a quarterly dividend of $0.17 per share, or $0.68 annualized. The dividend will be payable on March 17, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.4 percent.
Potlatch (Nasdaq: PCH) declared a quarterly dividend of $0.375 per share, or $1.5 annualized. The dividend will be payable on March 31, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 5.9 percent.
Genuine Parts (NYSE: GPC) declared a quarterly dividend of $0.6575 per share, or $2.63 annualized. This is a 6.9% increase from the prior dividend of $0.615. The dividend will be payable on April 1, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3 percent.enuine Parts Company also announced today that its Board of Directors has elected two new corporate officers. Scott W. LeProhon was named Executive Vice President of Global Procurement and Gregory N. Miller was named Senior Vice President and Chief Information Officer. Additionally, the Board elected Charles A. Chesnutt to the position of Senior Vice President and Treasurer, replacing Frank M. Howard, who is retiring from the Company following a successful 38 year career. Finally, the Company's Board has also approved Lee A. Maher as President and Chief Operating Officer of the U.S. Automotive Parts Group.Mr. LeProhon brings with him 28 years of experience in a variety of key management roles with the Company, most recently serving as Executive Vice President of Merchandising and Product Strategy for the U.S. Automotive Parts Group. Mr. Miller was previously Senior Vice President and Chief Financial Officer for the U.S. Automotive Parts Group, and has been with the Company since 2010. Mr. Chesnutt has been with the Company since 2002, and has held a variety of senior management positions, most recently serving as Senior Vice President of Technology and Chief Information Officer. Mr. Maher, a 38 year veteran of the Company's automotive business, was previously Executive Vice President and Chief Operating Officer of the U.S. Automotive Parts Group. Tom Gallagher, Chairman and CEO of Genuine Parts Company, stated, "We want to thank Frank Howard for his significant contributions to the Company throughout his long career. He has been an excellent financial executive for us and we wish him the very best in his retirement."Mr. Gallagher added, "As EVP of Global Procurement, Scott will manage the global vendor relationships across the GPC automotive platform as well as the Company's automotive supply businesses. Greg will lead our corporate-wide IT initiatives and Charlie will head the Company's treasury functions, including its important financing relationships. All three of these talented individuals bring valuable experience and expertise to their new positions. We look forward to their many future contributions." Mr. Gallagher concluded, "As President of the U.S. Automotive Parts Group, Lee will have responsibility for the U.S. Automotive network of 59 distribution centers and 1,100 company owned stores, and he will lead our ongoing efforts to maximize the growth opportunities across the entire NAPA network. We are pleased to have a proven executive like Lee so uniquely qualified for this important leadership position in our Company. Lee is surrounded by a very talented and capable management team and we are excited for the growth prospects for this business."
Baxter (NYSE: BAX) declared a quarterly dividend of $0.115 per share, or $0.46 annualized. The dividend will be payable on April 1, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.3 percent.
TrustCo Bank (Nasdaq: TRST) declared a quarterly dividend of $0.065625 per share, or $0.2625 annualized. The dividend will be payable on April 1, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 4.7 percent.
Coca-Cola Enterprises (NYSE: CCE) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 7.1% increase from the prior dividend of $0.28. The dividend will be payable on March 17, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 2.5 percent.
CBOE Holdings (Nasdaq: CBOE) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.5 percent.Additionally, CBOE Holdings' Board of Directors has also authorized the company to repurchase up to an additional $100 million of its outstanding common stock, effective immediately.This increased share repurchase authorization will be added to the approximately $57.5 million of availability that was remaining under the company's existing share repurchase authorization through December 31, 2015.Since the inception of its share repurchase program in 2011 through December 31, 2015, the company has repurchased 9,999,615 shares of its common stock at an average price of $44.25 per share, for a total of $442.5 million.
American National (Nasdaq: AMNB) declared a quarterly dividend of $0.24 per share, or $0.96 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3.9 percent.
Sealed Air (NYSE: SEE) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.2 percent.
Coach (NYSE: COH) declared a quarterly dividend of $0.3375 per share, or $1.35 annualized. The dividend will be payable on March 28, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3.8 percent.
Mueller Industries (NYSE: MLI) declared a quarterly dividend of $0.075 per share, or $0.3 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.2 percent.
MDC Partners (Nasdaq: MDCA) declared a quarterly dividend of $0.21 per share, or $0.84 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 4.7 percent.
Calgon Carbon (NYSE: CCC) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. The dividend will be payable on March 15, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.2 percent.
Flowers Foods (NYSE: FLO) declared a quarterly dividend of $0.145 per share, or $0.58 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3.6 percent.
Bruker (Nasdaq: BRKR) has initiated a quarterly dividend of $0.04 per share, or $0.16 annualized. The dividend will be payable on March 24, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 0.6 percent.
Abercrombie & Fitch (NYSE: ANF) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. The dividend will be payable on March 14, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3 percent.
Huntington Ingalls Industries (NYSE: HII) declared a quarterly dividend of $0.50 per share, or $2 annualized. The dividend will be payable on March 11, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.5 percent.
Old Republic (NYSE: ORI) declared a quarterly dividend of $0.1875 per share, or $0.75 annualized. This is a 1.4% increase from the prior dividend of $0.185. The dividend will be payable on March 15, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 4.2 percent.
TEGNA (NYSE: TGNA) declared a quarterly dividend of $0.14 per share, or $0.56 annualized. The dividend will be payable on April 1, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 2.3 percent.
Tronox (NYSE: TROX) declared a quarterly dividend of $0.25 per share, or $1 annualized. The dividend will be payable on March 17, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 31.2 percent.Tronox said its Board announced its intent to pay a quarterly dividend of $0.045 per share, or $0.18 per share annually. This will provide investors with a higher-than-market yield and free up approximately $100 million per year in cash."
CenturyLink (NYSE: CTL) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 7.4 percent.
Stepan Co. (NYSE: SCL) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. The dividend will be payable on March 15, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1.7 percent.
Teleflex (NYSE: TFX) declared a quarterly dividend of $0.34 per share, or $1.36 annualized. The dividend will be payable on March 15, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 1 percent.
American National (Nasdaq: ANAT) declared a quarterly dividend of $0.80 per share, or $3.2 annualized. The dividend will be payable on March 18, 2016, to stockholders of record on March 4, 2016, with an ex-dividend date of March 2, 2016. The annual yield on the dividend is 3.2 percent.... Read more