Xyratex Limited (XRTX) announced its quarterly dividend of 7.5 cents per share, an increase of about 15% over its prior dividend in February of 6.5 cents. Shares slumped, however, the company forecast lower second-quarter results.
Shares are lower by about 10 percent.
In other dividend news, Best Buy Incorporated (NYSE:BBY) maintained its quarterly dividend of 16 cents per share. Mens Wearhouse Incorporated (MW) maintained its quarterly dividend of 18 cents per share. Sun Communities Incorporated (NYSE:SUI) maintained its quarterly dividend of 63 cents per share. Banner Corporation (NASDAQ:BANR) maintained its quarterly dividend of 1 cent per share.
Among dividend increases, Cascade Corporation (CASC) announced its quarterly dividend of 35 cents per share, an increase of about 40% over its prior dividend in December of 25 cents.
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