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Daily Dividend Report: STZ, BBBY, LSI, SKT, ADP, ETR, EME
Thursday, April 6, 3:10 PM ET

Constellation declared a quarterly cash dividend of $0.52 per share of Class A Common Stock and $0.47 per share of Class B Common Stock, payable on May 24, 2017, to stockholders of record as of the close of business on May 10, 2017. This represents an increase of approximately 30 percent in the dividend rate per share for both the Class A and Class B Common Stock.

Bed Bath & Beyond (NASDAQ:BBBY) declared an increase in the quarterly dividend to $.15 per share. The increased quarterly dividend is payable on July 18, 2017 to shareholders of record at the close of business on June 16, 2017.

Life Storage (NYSE:LSI) announced an increase in the Company's quarterly common stock dividend from $0.95 per share to $1.00 per share or $3.80 to $4.00 annualized. The increase is effective with the quarterly dividend to be paid on April 26, 2017 to shareholders of record on April 18, 2017.

Tanger Factory Outlet Centers (NYSE:SKT) approved a 5.4% increase in the annual dividend on its common shares from $1.30 per share to $1.37 per share. Simultaneously, the Board of Directors declared a quarterly dividend of $0.3425 per share for the first quarter ended March 31, 2017. This cash dividend will be payable on May 15, 2017 to holders of record on April 28, 2017.

Automatic Data Processing (NASDAQ:ADP) has declared a regular quarterly dividend of 57 cents per share payable July 1, 2017 to shareholders of record on June 9, 2017.

Entergy Corporation (NYSE:ETR) has declared a quarterly dividend of $0.87 per common share. The payment date is June 1, 2017, to stockholders of record on May 11, 2017.

EMCOR Group (NYSE:EME) has declared a regular quarterly cash dividend of $0.08 per common share. The dividend will be paid on April 28, 2017 to stockholders of record as of April 17, 2017.

For MarketNewsVideo.com, I'm Sayoko Murase.

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