Dividend Scan: KEY, TIF, ASH, MCD, FL, UHS, CPA, DDR, CTL

Amidst the positive movement of the US stock indexes, several companies declared their future dividend plans. Some notable dividend payers are discussed here. KeyCorp (NYSE: KEY) shares lost 0.12 percent or 1 cent to trade at $8.55 despite increasing its quarterly dividend of 3 cents per share. The dividend is payable on June 15, 2011 to shareholders of record on May 31, 2011. Tiffany & Co. (NYSE: TIF) raised its quarterly dividend to 29 cents per share from its previous 25 cents. Shares lost 0.46 percent or 32 cents to trade at $69.81. Ashland Inc. (NYSE: ASH) shares added 0.07 percent or 4 cents to trade at $60.77 as it declared a quarterly cash dividend of 17.5 cents per share. The dividend is payable on June 15, 2011 to shareholders of record on June 2, 2011. McDonald's Corp. (NYSE: MCD) announced a quarterly cash dividend of 61 cents per share, payable on June 15, 2011 to shareholders of record on June 1, 2011. Shares added 0.59 percent or 49 cents to trade at $81.99. Foot Locker Inc. (NYSE: FL) declared a quarterly cash dividend of $0.165 per share, payable on July 29, 2011 to shareholders of record on July 15, 2011. Shares were down 1.87 percent or 42 cents to trade at $22.08. Universal Health Services Inc. (NYSE: UHS) announced a cash dividend of $0.05 per share, payable on June 15, 2011 to shareholders of record on June 1, 2011. Shares were down 1.09 percent or 59 cents to trade at $53.70. Shares of Copa Holdings SA (NYSE: CPA) slipped 0.43 percent or 27 cents to trade at $62.88 despite declaring an annual dividend payment of $1.64 per share on all outstanding Class A and Class B shares. The dividend will be payable on June 15, 2011 to shareholders of record on May 31, 2011. Shares of Developers Diversified Realty Corp. (NYSE: DDR) added 0.28 percent or 4 cents to trade at $14.50 as it declared a stock dividend of 4 cents per share. The dividend is payable on July 6, 2011 to shareholders of record on June 20, 2011. CenturyLink, Inc. (NYSE: CTL) announced a quarterly cash dividend of $0.725 per share, payable on June 16, 2011 to shareholders of record on June 6, 2011. Shares added 0.40 percent or 17 cents to trade at $43.17.... Read more