Fedex Corporation (NYSE: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 (NYSE: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 (NYSE:HCC) maintained its quarterly dividend of 15.5 cents per share.
Among dividend increases, Umpqua Holdings Corporation (NASDAQ: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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