Dividend Scan: PNC, IR, ISCA, PAYX, QCOM, SKT, MCS

As the US market reeled under the aftershock of Japan's earthquake and rising oil price, several companies declared their future dividend plans. Some notable dividend payers are discussed here. PNC Financial Services Group Inc (NYSE: PNC) announced a three-fold increase in its quarterly dividend to 35 cents per share from 10 cents a share. The dividend is payable on May 5, 2011 to shareholders of record on April 18, 2011. Shares of the company gained 0.38 percent or 24 cents to $64.02. Ingersoll-Rand Plc (NYSE: IR) declared a 71 percent increase in its quarterly dividend to 12 cents per share. Shares of the company added 1.90 percent or 91 cents to $48.73. International Speedway Corp. (Nasdaq: ISCA) shares lost 0.09 percent or 3 cents to $31.97 despite declaring an annual dividend of 18 cents per share. The dividend is payable on June 30, 2011 to shareholders of record on May 31, 2011. Paychex Inc (Nasdaq: PAYX) announced a regular quarterly of 31 cents per share, payable on May 16, 2011 to shareholders of record on May 2, 2011. Shares of the company added 0.22 percent or 7 cents to $32.19. QUALCOMM Incorporated (Nasdaq: QCOM) announced a quarterly dividend of $0.215 per common share, payable on June 24, 2011 to shareholders of record on May 27, 2011. Shares of the company lost 0.39 percent or 21 cents to $53.33. Tanger Factory Outlet Centers Inc (NYSE: SKT) approved a 3.2 percent increase in its annual dividend to $0.80 per share from $0.775. However, shares of the company lost 1.56 percent or 40 cents to $25.32. Marcus Corp. (NYSE: MCS) declared a regular quarterly cash dividend of $0.085 per share, payable on May 16, 2011 to shareholders of record on April 25, 2011. Shares of the company slipped 0.26 percent or 3 cents to $11.32.... Read more