This morning, Linn Energy (LINE) declared its monthly distribution of 24.16 cents per share, maintaining the amount paid to shareholders the previous quarter. Based on the current stock price, investors can expect a yield of about 11% going forward. Shares of Linn Energy were higher on the news, picking up 1.7% today
In other dividend news, Choice Hotels International (NYSE:CHH) maintained its quarterly dividend of 18.5 cents per share. And PAA Natural Gas Storage (PNG) maintained its quarterly distribution of 35.75 cents per share.
Among dividend increases, Plains All American Pipeline (NASDAQ:PAA) announced its quarterly distribution of 60 cents per share, an increase of about 2%. And Clarcor (CLC) announced its quarterly dividend of 17 cents per share, an increase of about 26% over its prior dividend.
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