Dividend Scan: OZRK, DRI, EXE, LNCR, SE, MHR, GIM

Amidst the positive movement of the US market, several companies declared their future dividend plans. Some notable dividend payers are discussed here. Bank of the Ozarks, Inc. (Nasdaq: OZRK) raised its quarterly dividend by 5.6 percent to 19 cents per share. Shares added 0.83 percent or 43 cents to trade at $52.49. Darden Restaurants Inc. (NYSE: DRI) declared to hike its quarterly dividend by 34 percent to 43 cents per share. Shares added 4.72 percent or $2.35 to trade at $52.15. Shares of Crexendo Inc. (AMEX: EXE) were down 1.82 percent or 1 cent to trade at $4.94 despite declaring a quarterly dividend of 2 cents per share, payable on July 18, 2011 to shareholders of record on July 11, 2011. Lincare Holdings Inc. (Nasdaq: LNCR) declared a quarterly cash dividend of 20 cents per common share, payable on July 29, 2011 to shareholders of record on July 15, 2011. Shares added 2.08 percent or 61 cents to trade at $29.88. Spectra Energy Partners Inc. (NYSE: SE) shares added 0.28 percent or 9 cents to trade at $31.91 as it declared a quarterly cash dividend of 26 cents per share, payable on September 12, 2011 to shareholders of record on August 12, 2011. Magnum Hunter Resources Corp. (NYSE: MHR) announced a monthly cash dividend of 33 cents per share on its 10.25 percent Series C Cumulative Perpetual Preferred Stock. The dividend is payable on August 1, 2011 to shareholders of record on July 15, 2011. Shares were down 1.04 percent or 7 cents to trade at $6.69. Templeton Global Income Fund, Inc. (NYSE: GIM) announced a regular monthly dividend of $0.045 per share, payable on July 29, 2011 to shareholders of record on July 15, 2011. Shares added 0.64 percent or 7 cents to trade at $11.08.  ... Read more