Fedex Corporation (FDX) announced its quarterly dividend of 14 cents per share, an increase of about 8% over its prior dividend in March of 13 cents. he dividend will be payable on July 2, 2012, to stockholders of record on June 18, 2012, with an ex-dividend date of June 14, 2012. The annual yield on the dividend is 0.7 percent.
Shares are lower by about one percent.
In other dividend news, Nucor Corporation (NUE) maintained its quarterly dividend of 36.5 cents per share. Staples Incorporated (SPLS) maintained its quarterly dividend of 11 cents per share. HCC Insurance Holdings Incorporated (HCC) maintained its quarterly dividend of 15.5 cents per share.
Among dividend increases, Umpqua Holdings Corporation (UMPQ) announced its quarterly dividend of 9 cents per share, an increase of about 29% over its prior dividend in March of 7 cents.
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