Dividend Changes to Know Now: Lakeland Bancorp, Cintas, Calumet Specialty Products Partners
Lakeland Bancorp Inc. (NASDAQ:LBAI): Lakeland Bancorp raises cash dividend by 1c. The company declared a quarterly cash dividend of 7c per common share, an increase of 1c per common share from the previous quarter. The cash dividend will be paid on Nov. 15 to holders of record as of the close of business on Oct. 31.
Cintas Corporation (NASDAQ:CTAS): Cintas increases dividend 18.5% to 64c. Cintas announced that the Company’s Board of Directors approved a 64c per share annual dividend. This dividend represents an 18.5% increase over last year’s annual dividend of 54c per share. This dividend is payable on December 12 to shareholders of record as of November 9.
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Calumet Specialty Products Partners LP (NASDAQ:CLMT): Calumet raises quarterly dividend to 62c per share from 59c per share. Calumet Specialty Products Partners announced an increase in its quarterly cash distribution to 62c per unit for the quarter ended September 30 on all of its outstanding limited partner units. The distribution will be paid on November 14 to holders of record of such units at the close of business on November 2. This distribution represents an increase of 5.1% over the quarterly distribution of 59c per unit paid in August for the second quarter of 2012 and a 24.0% increase over the third quarter of 2011.
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