Dividend Scan: HUM, PKBK, SAH, AKS, COH, FWRD, ELNK, HON, FO

Amid the upward swing of the U.S. market, several companies declared their future dividend plans. Some notable dividend developments are discussed here. Humana Inc. (NYSE: HUM) announced a quarterly cash dividend of 25 cents per share, payable on July 28, 2011. Shares of the company gained 6.16 percent, or $4.48, to trade at $77.16. Parke Bancorp Inc. (Nasdaq: PKBK) declared a 10 percent stock dividend, payable on May 20, 2011 to stockholders of record on May 10, 2011. Sonic Automotive Inc. (NYSE: SAH) approved a quarterly dividend of $0.025 per share, payable in cash on July 15, 2011 to shareholders of record on June 15, 2011. Shares of the company slipped 0.81 percent, or 11 cents, to trade at $13.46. AK Steel Holding Corp. (NYSE: AKS) announced a quarterly cash dividend of 5 cents per share, payable on June 10, 2011 to shareholders of record on May 13, 2011. Shares of the company gained 6.27 percent, or 1 cent, to trade at $16.94. Shares of Coach Inc. (NYSE: COH) slipped 0.19 percent, or 10 cents, to trade at $56.98 despite raising its dividend by 50 percent to 90 cents a share on an annual basis. Forward Air Corp. (Nasdaq: FWRD) declared a quarterly cash dividend of 7 cents per share, payable on June 6, 2011 to shareholders of record on May 23, 2011. Shares of the company added 1.27 percent, or 43 cents, to trade at $34.22. EarthLink Inc. (Nasdaq: ELNK) announced a quarterly cash dividend of 5 cents per share, payable on June 27, 2011 to shareholders of record on June 13, 2011. Shares of the company were up 0.99 percent, or 8 cents, to trade at $8.19. Honeywell International Inc. (NYSE: HON) declared a regular quarterly dividend of $0.3325 per share, payable on June 10, 2011 to shareholders of record on May 20, 2011. Shares of the company added 1.72 percent, or $1.04, to trade at $61.36. Fortune Brands Inc. (NYSE: FO) shares added 1.31 percent, or 83 cents, to trade at $64.27 as it announced a regular dividend of 19 cents per share. The dividend is payable on June 1, 2011 to shareholders of record on May 11, 2011.  ... Read more