Cadence declared a 20% increase in the quarterly cash dividend to the amount of $0.15 per share of common stock, representing an annualized dividend of $0.60 per share. The dividend will be paid on September 17, 2018 to holders of record of the Class A common stock on September 4, 2018.
Hi-Crush Partners (HCLP) has declared a quarterly cash distribution of $0.75 per unit on all common units, or $3.00 on an annualized basis, for the second quarter of 2018, up from a previous quarterly cash distribution of $0.225 per unit. The distribution will be paid on August 14, 2018, to all common unitholders of record on August 3, 2018.
PetMed Express declared an increased quarterly dividend of $0.27 per share on the Company's common stock. The dividend will be payable on August 10, 2018, to shareholders of record at the close of business on August 3, 2018.
nVent Electric (NVT) announced that it will pay its first regular quarterly cash dividend of $0.175 per share on August 17, 2018 to shareholders of record at the close of business on August 3, 2018.
Tenneco (TEN) has declared a quarterly cash dividend of $0.25 per share on its common stock. The dividend will be payable on September 21, 2018 to shareholders of record as of September 4, 2018.
For MarketNewsVideo.com, I'm Sayoko Murase.