This morning, NGP Capital Resources (NGPC) declared its quarterly dividend of 18 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 7.4% going forward.
Shares of NGPC were lower with the markets, falling 0.5% on Friday.
In other dividend news, Waddell & Reed Financial (NYSE:WDR) maintained its quarterly dividend of 20 cents per share. IberiaBank (NASDAQ:IBKC) maintained its quarterly dividend of 34 cents per share.
And among dividend increases, Steel Dynamics (NASDAQ:STLD) announced its quarterly dividend of 10 cents per share, an increase of about 33% over its prior dividend. And Piedmont Natural Gas (NYSE:PNY) announced its quarterly dividend of 29 cents per share, an increase of about 4% over its prior dividend.
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