Dividend Scan: XEC, GORO, PDLI, HBC, WRI, STJ, UNS, TCAP, CSC
Published Mon, 28 Feb 2011 on iStockAnalyst

Encouraging consumer report and deal activity gave an impetus to the US market, today. Dow Jones Industrial Average added 0.75 percent or 90.48 points to 12,220.93, and Nasdaq Composite gained 0.40 percent or 11.25 points to 2,792.30. The Standard and Poor's 500 was up 0.63 percent or 8.32 points to 1,328.20.
Several companies joined the celebration by declaring their annual and quarterly dividends. Some notable dividend payers are discussed here.
Climarex Energy Co. (NYSE: XEC) declared a regular cash dividend of 10 cents per share, payable on June 1, 2011 to shareholders of record on May 31, 2011. Climarex gained 0.48 percent or $0.16 to $116.88. Gold Resource Corp. (AMEX: GORO) added 0.62 percent or $0.16 to $25.78 as it declared a special cash dividend of $0.03 per common share, payable on March 25, 2011 to shareholders of record on March 18, 2011. PDL BioPharma Inc. (Nasdaq: PDLI) announced a regular dividend of $0.15 per share. PDL jumped 16.26 percent or $0.80 to $5.66 during the day's trading. Monarch Financial Holdings Inc. (MNRK) declared a regular quarterly cash dividend of $0.4875 per common share, payable on March 31, 2011 to shareholders of record on March 1, 2011. MNRK added 0.97 percent or $0.08 to $8.29. HSBC Holdings PLC (NYSE: HBC) announced a dividend of 12 cents per share for FY2010, up from 10 cents a share from the previous year. However, HSBC lost 4.09 percent or $2.34 to $54.92. Weingarten Realty Investors (NYSE: WRI) raised its dividend by 5.8 percent to 2.75 cents from 2.6 cents a share. WRI added 0.58 percent or $0.15 to $25.87. St. Jude Medical Inc. (NYSE: STJ) intends to pay a regular quarterly cash dividend of 21 cents per share. STJ added 0.33 percent or $0.17 to $48.18. UniSource Energy Corp. (NYSE: UNS) gained 1.50 percent or $0.54 to $36.45 as it declared a first quarter dividend of 42 cents per share, payable on March 23, 2011 to shareholders of record on March 11, 2011. Triangle Capital Corporation (NYSE: TCAP) announced a cash dividend of $0.42 per share, payable March 30, 2011 to shareholders of record on March 16, 2011. TCAP added 0.36 percent or $0.07 to $19.42. Computer Sciences Corporation (NYSE: CSC) declared a regular quarterly dividend of $0.20 per common share, payable April 15, 2011 to shareholders of record on March 15, 2011. CSC gained 0.25 percent or $0.12 to $48.71.... Read more