Thursday, October 13, 2011

Daily Dividend Report: GEL, ADTN, HCSG, GOOD, GLAD

This morning, Genesis Energy (NYSE:GEL) declared its quarterly distribution of 42.75 cents per share, an increase of about 3% over its prior distribution. Based on the current stock price, investors can expect a yield of about 6.9% going forward.

Shares of Genesis Energy were higher on Wednesday, picking up 1.5% today.

In other dividend news, Adtran (NASDAQ:ADTN) maintained its quarterly dividend of 9 cents per share.Healthcare Services Group (NASDAQ:HCSG) maintained its quarterly dividend of 16 cents per share. Gladstone Commercial (NASDAQ:GOOD) maintained its monthly dividend of 12.5 cents per share. And Gladstone Capital (NASDAQ:GLAD) maintained its monthly dividend of 7 cents per share.

For MarketNewsVideo.com, I'm Kristin Bianco.

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