On May 16, the board of directors of Compuware Corp. (Nasdaq:CPWR) declared its first quarterly cash dividend of 12.5 cents per common share, to be paid June 19, to shareholders of record at the close of business on June 5.
ITC Holdings Corp. (NYSE: ITC) announced Wednesday that its board of directors declared a quarterly cash dividend on ITC common stock of 37.75 cents a share.
Perrigo Co. (Nasdaq: PRGO) Thursday announced that its board of directors declared a quarterly dividend of 9 cents a share.
The Board of Directors of CMS Energy increased today the quarterly dividend on the company’s common stock by 6 percent, to 25.5 cents per share, up from 24 cents per share.
The DTE Energy board of directors has declared a dividend of 5.875 cents per share of common stock.
So, what exactly is common stock, anyway? A surprising number of people – investors included – don’t fully understand the answer to that question.