Dividend Scan: MSM, SURW, OXM, GGP, PVSA, THO

Amid the positive movement of the US market, several companies declared their future dividend plans. Some notable dividend payers are discussed here. MSC Industrial Direct Co., Inc (NYSE: MSM) announced a regular quarterly cash dividend of $0.11 per share, payable on April 26, 2011 to shareholders of record on April 12, 2011. MSM gained 1.36 percent or $0.91 to $67.73. SureWest Communications (Nasdaq: SURW) declared a quarterly cash dividend of eight cents per share, payable on June 15, 2011 to shareholders of record on May 16, 2011. SURW jumped 11.20 percent or $1.37 to $13.60. Oxford Industries Inc (NYSE: OXM) announced an 18 percent increase in its quarterly dividend to 13 cents per share. OXM jumped 25.31 percent or $6.19 to $31.20 after the news. General Growth Properties Inc (NYSE: GGP) declared a common share dividend of $0.10 per share, payable on April 29, 2011 to shareholders of record on April 15, 2011. GGP gained 1.07 percent or $0.16 to $15.16. Parkvale Financial Corporation (Nasdaq; PVSA) announced a quarterly cash dividend of $0.02 per common share, payable on April 27, 2011 to shareholders of record on April 8, 2011. However, PVSA was down 1.16 percent or $0.11 to $9.40. Thor Industries Inc (NYSE: THO) declared a quarterly dividend of 10 cents per share, payable on April 22, 2011 to shareholders of record on April 8, 2011. THO gained 0.40 percent or $0.13 to $32.99.... Read more