Dividend Scan: WSM, RIVR, AMOV, PDCO, COV, FULT, BONT, O, ECBE

During the day's trading when the US market was struggling following discouraging economic reports, several companies declared their future dividend plans. Some notable dividend payers are discussed here. Williams-Sonoma Inc (NYSE: WSM) declared a 13 percent increase in its quarterly dividend to 17 cents per share from its previous 15 cents a share. The dividend is payable on May 24, 2011 to shareholders of record on April 27, 2011. However, WSM was down 0.13 percent or $0.10 to $39.28. River Valley Bancorp (Nasdaq: RIVR) announced a cash dividend of $0.21 per share, payable on April 15, 2011 to shareholders of record on April 1, 2011. RIVR was trading at $14.55 with zero percent change upon its yesterday's close. America Movil SAB de CV (Nasdaq: AMOV) was down 0.74 percent or $0.40 to $54 despite proposing a 2-for-1 stock split and a dividend of 36 cents per share. Patterson Companies Inc (Nasdaq: PDCO) declared a 20 percent increase in its quarterly dividend to 12 cents per share from its earlier 10 cents a share. The dividend is payable on April 28, 20111 to shareholders of record on April 11, 2011. PDCO gained 0.72 percent or $0.22 to $31.64. Covidien PLC (NYSE: COV) fell 0.94 percent or $0.48 to $50.61 although declaring a quarterly cash dividend of $0.20 per ordinary share. The dividend is payable on May 6, 2011 to shareholders of record on April 7, 2011. Fulton Financial Corporation (Nasdaq: FULT) slipped 0.65 percent or $0.07 to $10.72 during the day's trading. The company declared a quarterly cash dividend of 4 cents per share, payable on April 15, 2011 to shareholders of record on March 28, 2011. The Bon-Ton Stores Inc (Nasdaq: BONT) announced its dividend of 5 cents per share, payable on May 2, 2011 to shareholders of record on April 15, 2011. However, BONT lost 2.87 percent or $0.45 to $15.22. Realty Income Corporation (NYSE: O) declared a monthly cash dividend of $0.14 per share, payable on April 15, 2011 to shareholders of record on April 1, 2011. The company was down 0.26 percent or $0.09 to $34.31. ECB Bancorp Inc (Nasdaq: ECBE) has decided to pay an annual dividend of $0.28 per share, payable on April 11, 2011 to shareholders of record on March 28, 2011. However, ECBE slipped 1.42 percent or $0.18 to $12.12.... Read more