Dividend Scan: SVT, TK, CWH, JWN, RPM, GOV, RIG

As the US market continued to trade in green, several companies declared their future dividend plans. Some notable dividend payers are discussed here. Servotronics, Inc. (AMEX: SVT) declared a quarterly cash dividend of 15 cents per share, payable on May 20, 2011 to shareholders of record on April 29, 2011. However, shares of the company were down 2.27 percent or 20 cents to $8.53. Teekay Corp. (NYSE: TK) shares lost 0.16 percent or 6 cents to $37.11 despite declaring a cash dividend of $0.36125 per share. The dividend is payable on April 29, 2011 to shareholders of record on April 15, 2011. CommonWealth REIT (NYSE: CWH) declared a regular quarterly common dividend of 50 cents per share, payable on May 24, 2011 to shareholders of record on April 21, 2011. Shares of the company slipped 0.12 percent or 3 cents to $25.72. Nordstrom Inc. (NYSE: JWN) gained 1.33 percent or 60 cents to $45.77 as the company declared a 15 percent increase in its quarterly dividend to 23 cents per share from 20 cents a share. RPM International Inc. (NYSE: RPM) announced a regular quarterly cash dividend of 21 cents per share, payable on April 29, 2011 to shareholders of record on April 13, 2011. Shares of the company gained 1.82 percent or 44 cents to $24.63. Government Properties Income Trust (NYSE: GOV) added 0.30 percent or 8 cents to $27.06 as the company declared a quarterly common dividend of $1.68 per share. The dividend is payable on May 24, 2011 to shareholders of record on April 26, 201. Transocean Ltd. (NYSE: RIG) declared a quarterly dividend of 79 cents per share, payable on June 15, 2011 to shareholders of record on May 20, 2011. Shares of the company added 0.35 percent or 28 cents to $80.08.... Read more