Dividend Changes to Know Now: Targa Resources, Western Refining, First Community Corporation, MidWest One Financial Group, Omega Healthcare Investors
Targa Resources Corp. (NYSE:TRGP): Current Price $59.13
Targa Resources increases quarterly dividend by 8% over previous quarter. Targa Resources Corp. announced that its board of directors has declared a quarterly cash dividend of 45.75 per share, or $1.83 per common share on an annualized basis, for the fourth quarter 2012. The approved dividend represents increases of approximately 8% over the previous quarter’s dividend and 36% over the dividend for the fourth quarter 2011. This cash dividend will be paid February 15, 2013 on all outstanding common shares to holders of record as of the close of business on January 28, 2013.
Western Refining Inc. (NYSE:WNR): Current Price $29.58
Western Refining increases dividend 50% to 12c per share. Western Refining announced its board of directors approved a 12c per share dividend for Q1. The dividend will be paid on February 14 to shareholders of record on January 30. “This is the second dividend increase since Q1 of 2012 and represents a 50% increase from the Q4 dividend,” said CEO Jeff Stevens.
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First Community Corporation (NASDAQ:FCCO): Current Price $8.88
First Community increases quarterly cash dividend to 5c . The dividend is payable February 15 to shareholders of record as of February 1.
MidWest One Financial Group, Inc. (NASDAQ:MOFG): Current Price $22.50
MidWestOne increases quarterly dividend by 32%. The dividend of 12.5c per common share is payable March 15 to shareholders of record at the close of business on March 1.
Omega Healthcare Investors Inc. (NYSE:OHI): Current Price $25.47
Omega Healthcare raises quarterly dividend to 45c from 44c per share. The common stock dividend is payable February 15 to common stockholders of record as of the close of business on January 31.