Dividend Scan: HUN, HNI, TKR, TWGP, DEER, FRC, HE

Amidst the upward swing of the U.S. stock indexes, several companies declared their future dividend plans. Some notable dividend payers are discussed here. Shares of Huntsman Corp. (NYSE: HUN) added 0.29 percent, or 6 cents, to trade at $20.87 as the company declared a cash dividend of 10 cents per share. The dividend is payable on June 30, 2011 to shareholders of record on June 15, 2011. HNI Corp. (NYSE: HNI) announced a quarterly dividend of 23 cents per share, payable on June 1, 2011 to shareholders of record on May 20, 2011. Shares gained 2.52 percent, or 66 cents, to trade at $26.87. Timken Co. (NYSE: TKR) declared a quarterly dividend of 20 cents per share, payable on June 2, 2011 to shareholders of record on May 20, 2011. Shares gained 0.74 percent, or 39 cents, to trade at $53.34. Tower Group Inc. (Nasdaq: TWGP) raised its dividend by 50 percent to $0.1875 per share, payable on June 24, 2011 to shareholders of record on June 13, 2011. Shares jumped 6.73 percent, or $1.50, to trade at $23.80. Deer Consumer Products, Inc. (Nasdaq: DEER) shares added 1.02 percent, or 9 cents, to trade at $8.91 as it announced a quarterly cash dividend of 5 cents per share. The dividend is payable on July 15, 2011 to shareholders of record on June 30, 2011. First Republic Bank (NYSE: FRC) declared a quarterly cash dividend of $0.453125 per share, payable on June 30, 2011 to shareholders of record on June 20, 2011. Shares added 1.43 percent, or 36 cents, to trade at $31.74. Hawaiian Electric Industries Inc. (NYSE: HE) announced a regular quarterly cash dividend of 31 cents per share, payable on June 14, 2011 to shareholders of record on May 18, 2011. Shares added 0.23 percent, or 6 cents, to trade at $26.15.... Read more