This morning, Piedmont Natural Gas (NYSE:PNY) declared its quarterly dividend of 31 cents per share, maintaining the amount paid to shareholders the prior quarter. Based on the current stock price, investors can expect a yield of about 3.9% going forward. Shares of PNY were modestly lower on Thursday, falling just below $32 per share.
In other dividend news, Post Properties (NYSE:PPS) maintained its quarterly dividend of 33 cents per share. Investors Real Estate Trust (NYSE:IRET) maintained its quarterly dividend of 13 cents per share. And Pennantpark Investment Corporation (NASDAQ:PNNT) maintained its quarterly dividend of 28 cents per share.
Among dividend increases, Hess (NYSE:HES) announced its quarterly dividend of 25 cents per share, an increase of 150% over its prior dividend.
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