Daily Dividend Report: HBAN, MMP, AVX, DD, CCL, AAL, ADS, AA
Metals Channel - Thursday, October 20, 11:31 AM
Huntington Bancshares declared a quarterly cash dividend on the company's common stock of $0.08 per common share. This represents a $0.01 per share, or 14%, increase over the prior quarter. The common stock cash dividend is payable January 2, 2017, to shareholders of record on December 20, 2016.
Magellan Midstream Partners (MMP) has increased the partnership's quarterly cash distribution to 83.75 cents per unit for the period July 1 through Sept. 30, 2016, representing the 58th distribution increase since its initial public offering in 2001. The third-quarter 2016 distribution is 10% higher than the third-quarter 2015 distribution of 76.25 cents per unit and represents a 2% increase over the second-quarter 2016 distribution of 82 cents. The new distribution, which equates to $3.35 per unit on an annualized basis, will be paid Nov. 14 to unitholders of record at the close of business on Oct. 31.
AVX Corporation (AVX) declared an increased dividend of $0.11 per common share for the quarter ended September 30, 2016. This represents a $0.44 annual dividend rate, and a 4.8% increase over the previous dividend rate. The dividend will be paid to shareholders of record on November 7, 2016 and will be disbursed on November 18, 2016.
DuPont declared a fourth quarter common stock dividend of 38 cents per share payable Dec. 14, 2016, to stockholders of record Nov. 15, 2016.
Carnival Corporation (CCL) has announced that it has declared a quarterly dividend of $0.35 per share. The company's board of directors approved a record date for the quarterly dividend of November 25, 2016, and a payment date of December 16, 2016.
American Airlines Group (AAL) declared a dividend of $0.10 per share to be paid on November 21, 2016, to stockholders of record as of November 7, 2016.
Alliance Data Systems Corporation (ADS) declared a quarterly cash dividend of $0.52 per share on the Company's common stock, payable on December 16, 2016 to stockholders of record at the close of business on November 3, 2016.
Alcoa (AA) declared a quarterly common stock dividend of 9 cents per share, payable on November 25, 2016, to holders of record as of the close of business on November 4, 2016.