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Daily Dividend Report: OZRK,CUZ,DUK,RPM,CMC
Wednesday, January 4, 12:34 PM ET

Bank of the Ozarks announced its Board of Directors has approved a regular quarterly cash dividend of $0.17 per common share payable January 27, 2017 to shareholders of record as of January 20, 2017. The dividend of $0.17 per common share represents an increase of $0.005 per common share, or 3.03%, over the dividend paid in the previous quarter. The Company has increased its quarterly cash dividend in each of the last twenty-six quarters.

Cousins Properties announced today that its Board of Directors has declared a cash dividend of $0.06 per common share for the fourth quarter of 2016. The fourth quarter dividend will be payable January 19, 2017, to common shareholders of record on January 13, 2017. The $0.06 per share quarterly common dividend equates to $0.24 per share on an annualized basis.

Duke Energy today declared a quarterly cash dividend on its common stock of $0.855 per share payable on March 16, 2017, to shareholders of record at the close of business Feb. 17, 2017. Duke Energy has paid a cash dividend for 91 consecutive years.

RPM International today announced that its board of directors has declared a regular quarterly cash dividend of $0.30 per share, payable on January 31, 2017 to stockholders of record as of January 16, 2017. RPM's last cash dividend increase of 9.1 percent in October 2016 marked its 43rd consecutive year of increased cash dividends paid to its stockholders, which places RPM in an elite category of less than half of 1 percent of all 19,000 publicly-traded U.S. companies. Only 44 other companies, besides RPM, have consecutively paid an increasing annual dividend for this period of time or longer, according to the Mergent Handbook of Dividend Achievers. At a share price of $53.50, RPM's dividend yield would be 2.2 percent.

Today, the board of directors of Commercial Metals Company declared a regular quarterly cash dividend of $0.12 per share of CMC common stock. The dividend is payable to stockholders of record as of the close of business on January 17, 2017. The dividend will be paid on February 1, 2017. This cash dividend reflects CMC's 209th consecutive quarterly dividend.

For MarketNewsVideo.com, I'm Sayoko Murase.

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