Dividend Changes to Know Now: Simon Property Group, Meredith, Noble, Home Properties, Territorial Bancorp
Simon Property Group Inc. (NYSE:SPG): Current Price $163.07
Simon Property Group Inc. (NYSE:SPG): Simon Property raises quarterly dividend to $1.15. The 4.5% increase in quarterly dividend is payable on February 28 to stockholders of record on February 14.
Meredith Corp. (NYSE:MDP): Current Price $36.87
Meredith Corp. (NYSE:MDP): Meredith increases quarterly dividend by 6.5%. The dividend of 40.75c per share is paayble on March 15 to shareholders of record on February 28.
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Noble Corp. (NYSE:NE): Current Price $39.17
Noble Corp. (NYSE:NE): Noble Corp. board to recommend dividend increase for 2013-2014. The proposed dividend would be in the amount of $1.00 per share and would be funded from the company’s capital contribution reserve. If approved by shareholders, the dividend will be paid in four equal installments of 25c per share with expected payment dates in August 2013, November 2013, February 2014 and May 2014.
Home Properties Inc. (NYSE:HME): Current Price $60.68
Home Properties Inc. (NYSE:HME): Home Properties increases quarterly dividend 6.1% to 70c per share from 66c. Home Properties announced a 4c per share increase to its regular quarterly cash dividend on common shares. The increase of 6.1% raises the quarterly dividend from 66c per share to 70c per share for the quarter ended December 31, 2012. The dividend is payable on February 26 to shareholders of record on February 14 and is equivalent to an annualized rate of $2.80 per share.
Territorial Bancorp Inc. (NASDAQ:TBNK): Current Price $22.79
Territorial Bancorp Inc. (NASDAQ:TBNK): Territorial Bancorp raises quarterly dividend to 12c from 10c per share . The dividend is expected to be paid on March 4 to stockholders of record as of February 18.
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