Dividend Scan: CMP, NLY, FWV, NAT, MFC, GG, MSFT

The US market remained volatile during the day despite President Obama presenting a budget that would cut the US deficit by $1.1 trillion over the next 10 years. Dow Jones Industrial Average lost 0.30 percent or 35.36 points to 12,239.70, and the Standard and Poor's 500 fell 0.15 percent or 1.97 points to 1,327.18. However, Nasdaq Composite added 0.10 percent or 2.95 points to 2,812.49. Amid the fluctuations in the market, few companies declared their dividends. Compass Minerals International Inc. (NYSE: CMP) added 1.62 percent or $1.54 to $96.36 as the company declared a quarterly dividend by 15 percent to $0.45 per share, payable on March 15, 2011 to shareholders of record on March 1, 2011. Annaly Capital Management Inc. (NYSE: NLY) declared a cash dividend of $0.49 per share on Series A Preferred Stock, payable on March 31, 2011 to shareholders of record on March 1, 2011. First West Virginia Bancorp Inc. (AMEX: FWV) announced a quarterly cash dividend of 19 cents per share, payable on March 15, 2011 to shareholders of record on March 1, 2011. Shares of Nordic American Tanker Shipping Ltd. (NYSE: NAT) slipped 0.22 percent or $0.06 to $24.78 despite the company declaring a dividend of $0.25 per share, payable on or about March 4, 2011 to shareholders of record on February 24, 2011. Manulife Financial Corporation (NYSE: MFC) declared a quarterly dividend of $0.13 per share, payable on March 21, 2011 to shareholders of record on February 23, 2011. Shares of the company added 1.21 percent or $0.22 to $18.39. Goldcorp Inc. (NYSE: GG) is set to pay a dividend of 3 cents per share tomorrow. Shares of the company gained 1.12 percent or $0.46 to $43.44 during the day's trading. Shares of Microsoft Corporation (Nasdaq: MSFT) lost 0.68 percent or $0.18 to $27.07. The company will pay a dividend of 16 cents per share on February 15, 2011.... Read more