Stocks Announcing Dividends (FDX, EFX, GBL)
FedEx Corporation (NYSE:FDX) slid 0.63% to $89.43. The company declared a quarterly cash dividend of $0.12 per share on FedEx Corporation common stock. The dividend is payable December 17, 2010 to stockholders of record at the close of business on November 22, 2010.
Over the past 52-week, the stock had traded within the range of $69.78-$97.75 and is up more than 7% year-to-date.
Equifax Inc. (NYSE:EFX) fell 0.09% to $34.71. The company announced that its Board of Directors has declared a quarterly dividend of $0.16 per share, a 400% increase from the current dividend of $0.04 per share, payable on December 15, 2010, to shareholders of record at the close of business on November 24, 2010.
The stock opened at $34.75 and was trading within the range of $34.55-$34.80. The average daily volume of the stock is 604K shares.
Gamco Investors Inc. (NYSE:GBL) surged 1.54% to $46.81. The company announced that its Board of Directors approved a special dividend of $0.80 per share in cash and $3.20 of principal per share in the form of a debenture. The debenture is expected to be a five-year, zero coupon bond.
This special dividend will be declared and paid in 2010. Further details will be announced in the future.
The Board also declared a quarterly dividend of $0.03 per share to all of its Class A and Class B shareholders, payable on December 28, 2010 to shareholders of record on December 14, 2010.
The stock went down more than 3% year-to-date.