(MarketNewsVideo.com) -- This morning, Iron Mountain (IRM) declared its first-ever quarterly dividend in the amount of 6.25 cents per share. Based on the current stock price, investors can now expect a yield one percent going forward.
In afternoon trading, shares of Iron Mountain were responding well to the new dividend, gaining more than six percent so far.
In other dividend news, Nucor (NUE) maintained its quarterly dividend of 36 cents per share. And Cigna (CI) maintained its quarterly dividend of 4 cents per share.
Among dividend increases, Chubb (CB) announced its quarterly dividend of 37 cents per share, an increase of about 6% over its prior dividend in December of 35 cents. And Tim Hortons (THI) announced its quarterly dividend of 13 cents per share, an increase of about 35% over its prior dividend in November of 9.6 cents.
The preceeding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201002Dividends022510&mv=1.
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