Dividend Changes to Know Now: Global Partners, Williams Partners, MHI Hospitality, Access National, Herman Miller
Global Partners LP (NYSE:GLP): Global Partners increases dividend 7% to 57c. Global Partners announced that the Board of Directors of its general partner, Global GP, has declared a quarterly cash distribution of 57c per unit on all of its outstanding common units for the period from October 1 through December 31, 2012. The distribution will be paid February 14 to unitholders of record as of the close of business February 5. The distribution to be paid in February represents a 7% increase over the quarterly distribution of 53.25c per unit paid in November 2012 and a 14% increase over the quarterly distribution of 50c per unit paid in February 2012.
Williams Partners L.P. (NYSE:WPZ): Williams Partners increases dividend 2.5% to 82.75c. Williams Partners announced that the regular quarterly cash distribution its unitholders receive has been increased to 82.75c per unit. The board of directors of the partnership’s general partner has approved the quarterly cash distribution, which is payable on Feb. 8 to unitholders of record at the close of business on Feb. 1. The new per-unit amount is an 8.5% increase over the partnership’s distribution of 76.25c per unit that was paid in February 2012. It is also a 2.5% increase over the partnership’s previous quarterly distribution of 80.75c per unit.
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MHI Hospitality Corp. (NASDAQ:MDH): MHI Hospitality increases dividend to 3.5c. MHI Hospitality announced that its Board of Directors has declared a quarterly cash dividend of 3.5c per issued and outstanding common share of the Company. The quarterly dividend will be paid on April 11 to shareholders of record as of March 15.
Access National Corp. (NASDAQ:ANCX): Access National increases dividend 1c to 9c. Based on record earnings, strong capital and favorable outlook, the Board of Directors of Access National eclared a cash dividend of 9c per share for holders of record as of February 11 and payable on February 25. This dividend is in addition to the 70c non-routine dividend paid in the Q4 of 2012 and represents a 1c increase from the prior quarter and an 8c cumulative increase over the past 2 years.
Herman Miller Inc. (NASDAQ:MLHR): Herman Miller raises dividend to 12.5c from 9c. Disclosed in regulatory filing that the company’s board of directors approved an increase in the quarterly dividend to 12.5c per share. Payment will be made on April 15 to shareholders of record at the close of business on March 2.
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