This morning, Abercrombie & Fitch (NYSE:ANF) declared its quarterly dividend of 17.5 cents per share, maintaining the amount paid last quarter. With the dividend, the company announced third quarter earnings of thirty cents per share, easily beating Wall Street estimates of twenty cents per share.
In morning trading, shares of Abercrombie & Fitch climbed more than seven and a half percent as investors cheered on the positive results.
In other dividend news, Molson Coors Brewing Company (NYSE:TAP) maintained its quarterly dividend of 24 cents per share. AmerisourceBergen (NYSE:ABC) announced its quarterly dividend of 8 cents per share, an increase of about 33% over its prior dividend in August of 6 cents. And Fifth Street Finance (FSC) announced its quarterly dividend of 27 cents per share, an increase of about 8% over its prior dividend in September of 25 cents.
Among dividend reductions, Teekay Tankers (NYSE:TNK) announced its quarterly dividend of 15 cents per share, a decrease of about 62% from its prior dividend in August of 40 cents.
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