Daily Dividend Report: SAR, BMO, UBSI, SUI, CSGS
Tuesday, August 28, 12:25 PM ET

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Saratoga Investment, a business development company, today announced that its Board of Directors has declared an increased quarterly dividend of $0.52 per share for the fiscal quarter ended August 31, 2018, payable on September 27, 2018, to all stockholders of record at the close of business on September 17, 2018. This increase is the sixteenth sequential increase to the Company's quarterly dividends.

Bank of Montreal today announced that its Board of Directors declared a quarterly dividend of $0.96 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2018, unchanged from the previous quarter and up 7 per cent from the prior year. The dividend on the common shares is payable on November 27, 2018, to shareholders of record on November 1, 2018.

United Bankshares today announced that its Board of Directors declared a third quarter dividend of $0.34 per share for shareholders of record as of September 14, 2018. The dividend is payable October 1, 2018. The year of 2017 represented the 44th consecutive year of dividend increases for United shareholders. Only one other major banking company in the USA has achieved such a dividend record.

Sun Communities, a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly distribution of $0.71 per share of common stock for the third quarter of 2018. The distribution is payable October 15, 2018 to shareholders of record on September 28, 2018.

CSGS, the trusted partner to simplify the complexity of business transformation in the digital age, today announced that its board of directors approved the company's quarterly cash dividend payment of $0.21 per share of common stock to be paid on Sept. 27, 2018 for shareholders of record as of the close of business on Sept. 12, 2018.

For MarketNewsVideo.com, I'm Sayoko Murase.