Dividend Scan: GE, TRV, AMGN, C, PPG, JNS, ELSE

Several companies declared their future dividend plans. Some notable dividend payers are discussed here. General Electric Co. (NYSE: GE) raised its quarterly dividend by a penny to 15 cents per share. Shares of the company were down 1.96 percent, or 40 cents, to trade at $20. Shares of Travelers Companies Inc. (NYSE: TRV) added 2.62 percent, or $1.55, to trade at $60.68 as it declared a 14 percent increase in its quarterly dividend to 41 cents per share. Amgen Inc. (Nasdaq: AMGN) shares lost 4.38 percent, or $2.46, to trade at $53.71 although it announced plans to pay a dividend in 2011 amounting to about 20 percent of its adjusted net income. Citigroup Inc. (NYSE: C) plans to reinstall a nominal dividend of 1 cent per share. Shares of the company were down 0.55 percent, or 3 cents, to trade at $4.55. PPG Industries Inc. (NYSE: PPG) shares lost 0.47 percent, or 44 cents, to trade at $94.10 despite declaring a quarterly dividend of 57 cents per share. Janus Capital Group Inc. (NYSE: JNS) shares added 2.14 percent, or 27 cents, to trade at $12.91 as it raised its quarterly dividend to 5 cents from 1 cent per share. Electro-Sensors Inc (Nasdaq: ELSE) announced a cash dividend of 4 cents per share, payable on May 20, 2011 to shareholders of record on May 6, 2011. Shares of the company were trading at $4.47, with zero percent change on its Wednesday's close.... Read more