logo
Share SHARE
FONT-SIZE Plus   Neg

Corrections Corp. Of America (CXW) Jumped To Over An 8-Month High

Corrections Corp. Of America (CXW) announced Monday morning that its Board of Directors approved its intention to initiate a quarterly cash dividend of $0.20 per share beginning in June of 2012.

Corrections Corp. Of America rose sharply during the first half hour of trade Monday and finished up by 1.07 at $24.77. The stock rose above a one-month range and closed at over an 8-month high.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
About nine-tenths of the world's sea birds are likely to have consumed pieces of plastic which continue to remain in their guts, a study shows. Automakers reported some mixed U.S. sales for August, marked by fewer working days and a delayed Labor Day, even as the month was largely bullish, spurred by lower interest rates, cheaper gas, and some strong employment data that buoyed consumer confidence. Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents.
comments powered by Disqus
RELATED NEWS
Trade CXW now with 
Follow RTT