Dividend Scan: SFL, CINF, DV, CRWS, WLK

Despite the negative movement of the US stock indexes, several companies declared their future plans. Some notable dividend payers are discussed here. Shares of Shipping Finance International Ltd. (NYSE: SFL) lost 0.35 percent or 7 cents to trade at $19.92 despite raising its quarterly dividend by 2.5 percent to 39 cents per share. Cincinnati Financial Corp. (Nasdaq: CINF) announced a regular quarterly cash dividend of 40 cents per share, payable on July 15, 2011 to shareholders of record on June 22, 2011. Shares fell 1.73 percent or 52 cents to trade at $30.17. DeVry Inc. (NYSE: DV) announced a semi-annual cash dividend of 12 cents per share on its common stock, payable on July 12, 2011 to shareholders of record on June 20, 2011. However, shares fell 0.85 percent or 44 cents to trade at $51.46. Crown Crafts, Inc. (Nasdaq: CRWS) declared a regular quarterly cash dividend of 3 cents per share, payable on July 8, 2011 to shareholders of record on June 17, 2011. Shares added 2.08 percent or 10 cents to trade at $4.90. Shares of Westlake Chemical Corp. (NYSE: WLK) fell 3.57 percent or $1.92 to trade at $51.88 despite declaring a dividend of 35 cents per share. The dividend is payable on June 17, 2011 to shareholders of record on June 3, 2011.... Read more