Dividend Scan: CHG, VZ, HD, CBK, GIM, YSI

Several companies declared their future dividend plans despite the US stock indexes remaining in a negative territory. Some notable dividend payers are discussed here. CH Energy Group, Inc. (NYSE: CHG) announced a regular quarterly dividend of 54 cents per share, payable on August 1, 2011 to shareholders of record on July 11, 2011. Shares were down 0.77 percent or 41 cents to trade at $52.67. Shares of Verizon Communications In. (NYSE: VZ) lost 0.70 percent or 26 cents to trade at $36.01 despite announcing a quarterly dividend of 48.75 per outstanding shares. The dividend is payable on August 1, 2011 to shareholders of record on July 8, 2011. Home Depot Inc. (NYSE: HD) announced a quarterly dividend of 25 cents per share, payable on June 30, 2011 to shareholders of record on June 16, 2011. Shares fell 1.50 percent or 53 cents to trade at $34.87. Christopher & Banks Corp. (NYSE: CBK) declared a quarterly cash dividend of 6 cents per share, payable on July 20, 2011 to shareholders of record on July 6, 2011. However, shares slipped 2.05 percent or 12 cents to trade at $5.73. Templeton Global Income Fund, Inc. (NYSE: GIM) announced a regular monthly dividend of $0.045 per share, payable on June 30, 2011 to shareholders of record on June 16, 2011. Shares lost 1.07 percent or 12 cents to trade at $11.09. U-Store-It Trust (NYSE: YSI) announced a quarterly dividend of 7 cents per common share, payable on July 22, 2011 to shareholders of record on July 7, 2011. Shares were down 0.74 percent or 8 cents to trade at $10.73.  ... Read more