Several matter pinch shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) [Trend Analysis], as shares surging 3.52% to $92.13 with a share volume of 1.27 Million. MAA (MAA) reported that its board of directors authorized a 6% increase in its common dividend for fiscal year 2017. This dividend increase will raise the annualized dividend payout to $3.48 per share of common stock, an increase of $0.20 per share from the prior dividend level.
This is MAA’s seventh consecutive annual increase of its common dividend. The quarterly common dividend of $0.87 per share is payable on January 31, 2017 to shareholders of record on January 13, 2017. This will be the 92nd consecutive quarter MAA has paid a cash dividend on its common stock. The stock is going forward its 52-week low with 13.96% and moving down from its 52-week high price with -14.80%. The float short ratio was 5.97%, as compared to sentiment indicator; Short Ratio was 3.54.
Shares of Express Scripts Holding Company (NASDAQ:ESRX) [Trend Analysis] runs in leading trade, it plunging -6.72% to traded at $70.75. The firm has price volatility of 3.83% for a week and 2.43% for a month. Its beta stands at 1.00 times. A California man filed on Wednesday suit against Express Scripts (NASDAQ: ESRX) in federal court in St. Louis, alleging that company representatives made misleading statements about the company’s relationship with its largest commercial client, Anthem Inc.Anthem sued Express Scripts in March, alleging that Express Scripts’ drug pricing was higher than competitive benchmark pricing and seeking damages of about $15 billion. Express Scripts responded in April, denying Anthem’s claims and alleging that Anthem did not negotiate in good faith. Narrow down four to firm performance, its weekly performance was -6.70% and monthly performance was 1.29%. The stock price of ESRX is moving down from its 20 days moving average with -7.07% and isolated negatively from 50 days moving average with -1.93%.