Dividend Scan: INFY, DOW, AT, MCHX, UTX, LNT, MVC, HPT, SM, NNN

As the US market returned to positive territory during the mid-day trading, several companies declared their future dividend plans. Some notable dividend payers are discussed here. Infosys Technologies Limited (Nasdaq: INFY) declared an increase of 400 percent in its final dividend to Rs 20 per share from its previous dividend of Rs 5. However, shares of the company tumbled 14.05 percent or $10.26 to $62.75. Shares of Dow Chemical Company (NYSE: DOW) gained 1.98 percent or 73 cents to $37.66 as it declared Q2 dividend of 25 cents per share from 15 cents. Atlantic Power Corp. (NYSE: AT) announced a dividend of C$0.0912 per common share, payable on May 31, 2011 to shareholders of record on April 29, 2011. Shares of the company added 0.27 percent or 4 cents to $14.62. Marchex Inc (Nasdaq: MCHX) declared a regular quarterly dividend of 2 cents per share on its common stock, payable on May 16, 2011 to shareholders of record on May 6, 2011. Shares of the company gained 0.21 percent or 1 cent to $7.26. Shares of United Technologies Corp. (NYSE: UTX) were down 0.65 percent or 53 cents to $83.45 despite increasing its quarterly dividend by 13 percent to 48 cents per share from its previous 42.5 cents. Alliant Energy Corp. (NYSE: LNT) announced a quarterly dividend of $0.4250 per share, payable on May 13, 2011 to shareholders of record on April 29, 2011. Shares of the company gained 1.33 percent or 51 cents to $38.80. MVC Capital, Inc. (NYSE: MVC) declared a quarterly dividend of 12 cents per share, payable on April 29, 2011 to shareholders of record on April 25, 2011. Shares of the company were down 0.82 percent or 11 cents to $13.38. Hospitality Properties Trust (NYSE: HPT) announced a regular quarterly dividend of 45 cents per common share, payable on May 24, 2011 to shareholders of record on April 29, 2011. Shares of the company gained 0.17 percent or 4 cents to $23.24. Shares of SM Energy Co. (NYSE: SM) added 2.27 percent or $1.59 to $71.67 as it declared a semi-annual cash dividend of 5 cents per common share. The dividend is payable on May 9, 2011 to shareholders of record April 29, 2011. National Retail Properties, Inc. (NYSE: NNN) announced a quarterly dividend of 38 cents per share, payable on May 16, 2011 to shareholders of record on April 29, 2011. Shares of the company added 1.61 percent or 41 cents to $25.84.  ... Read more