This morning, Del Monte Foods (DLM) declared its quarterly dividend of five cents per share, maintaining the amount paid last quarter. Based on the current stock price, investors can expect a yield just shy of two percent.
In afternoon trading, shares of Del Monte Foods were trading sharply lower, off more than three and a half percent.
In other dividend news, Piedmont Natural Gas (NYSE:PNY) maintained its quarterly dividend of 27 cents per share. Clarcor (NYSE:CLC) maintained its quarterly dividend of 9.75 cents per share. And Anworth Mortgage (NYSE:ANH) maintained its quarterly dividend of 28 cents per share.
Among dividend increases, Cypress Sharpridge Investments (NYSE:CYS) announced a dividend of 55 cents per share, an increase of about 57% over its prior dividend in October of 35 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.