After the bell on Wednesday, Energy XXI (NASDAQ:EXXI) reinstated its quarterly dividend, paying shareholders 7 cents per share in the second quarter. Based on the current stock price, investors can expect a yield of about 0.7% going forward.
Shares of EXXI were higher on the news, gaining 0.4% so far today.
In other dividend news, Gildan Activewear (NYSE:GIL) maintained its quarterly dividend of 7.5 cents per share. American Campus Communities (NYSE:ACC) maintained its quarterly dividend of 33.75 cents per share. Gardner Denver (NYSE:GDI) maintained its quarterly dividend of 5 cents per share. And Cablevision Systems (NYSE:CVC) maintained its quarterly dividend of 15 cents per share.
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