Dividend Scan: VALE, UTX, PNR, VIP, CAT, AON

Despite the US market remaining in the negative territory, several companies declared their future dividend plans. Some notable dividend payers are discussed here. Vale SA (NYSE: VALE) shares added 1.29 percent or 41 cents to $32.42 as the company announced to pay a dividend of $0.766 per outstanding common or preferred share, payable on two installments on April 29 and October 31, 2011. United Technologies Corp. (NYSE: UTX) shares slipped 1.08 percent or 91 cents to $83.30 despite increasing its quarterly dividend of 12.9 percent to 48 cents per share from 42.5 cents. Pentair, Inc (NYSE: PNR) declared a regular quarterly cash dividend of 20 cents per share, payable on May 13, 2011 to shareholders of record on April 29, 2011. However, shares of the company lost 1 percent or 38 cents to $37.59. VimpelCom Ltd (NYSE: VIP) shares fell 0.69 percent or 10 cents to $14.30 despite declaring to pay a final dividend of 15 cents per American depository share. Shares of Caterpillar, Inc (NYSE: CAT) fell 1.28 percent or $1.38 to $106.25 despite announcing a quarterly cash dividend of 44 cents per share of common stock. The dividend is payable on May 20, 2011 to shareholders of record on April 25, 2011. Aon Corp. (NYSE:AON) announced a quarterly cash dividend of 15 cents per share, payable on May 16, 2011 to shareholders of record on May 2, 2011. However, shares of the company lost 0.79 percent or 42 cents to $52.10.... Read more