Dividend Scan: IBKC, HTLD, CSA, SUG, STLD, CYS, MAIN, AVD

Despite the US market reeling under the massive earthquake that shook Japan today, several companies declared their future dividend plans. Some notable dividend payers are discussed here. IBERIABANK Corporation (Nasdaq: IBKC) announced a quarterly cash dividend of $0.34 per share, payable on April 29, 2011 to shareholders of record on March 31, 2011. However, IBKC lost 0.23 percent or $0.13 to $55.51. Heartland Express Inc (Nasdaq: HTLD) declared a regular quarterly cash dividend of $0.02 per share, payable on April 4, 2011 to shareholders of record on March 24, 2011. HTLD lost 0.24 percent or $0.04 to $16.59 despite the dividend declaration. Cogdell Spencer Inc (NYSE: CSA) slipped 0.67 percent or $0.04 to $5.96 despite declaring a quarterly dividend of $0.10 per common share, payable on April 20, 2011 to shareholders of record on March 25, 2011. Southern Union Company (NYSE: SUG) lost 0.37 percent or $0.10 to $27.29 after it declared a regular quarterly cash dividend of $0.15 per share, payable on April 8, 2011 to shareholders of record on March 25, 2011. Steel Dynamics Inc (Nasdaq: STLD) added 3.59 percent or $0.64 to $18.49 after it increased its quarterly cash dividend by 33 percent to $0.10 per share. CreXus Investment Corporation (NYSE: CXS) declared a quarterly cash dividend of $0.23 per common share, payable on April 21, 2011 to shareholders of record on March 17, 2011. CXS gained 0.16 percent or $0.02 to $12.88. Cypress Sharpridge Investments (NYSE: CYS) declared a quarterly dividend of 60 cents per share. However, CYS was down 0.48 percent or $0.06 to $12.43. Main Street Capital Corporation (NYSE: MAIN) added 1.05 percent or $0.20 to $19.16 after it declared an increase of 4 percent in its monthly dividend to $0.13 per share for the months of April, May and June 2011. Aberdeen Asia-Pacific Income Fund Inc (AMEX: FAX) has decided to maintain its monthly dividend of 3.5 per share. FAX gained 0.15 percent or $0.01 to $6.76. American Vanguard Corporation (NYSE: AVD) announced a cash dividend of $0.03 per share, payable on April 15, 2011 to shareholders of record on April 1, 2011. AVD lost 1.13 percent or $0.09 to $7.90.... Read more