Stocks Making Noise After Hours: Bunge Limited (NYSE:BG), National Interstate Corp.’s (NASDAQ:NATL) , PHI Inc. (NASDAQ:PHII), KKR & Co. L.P. (NYSE:KKR), Strategic Hotels & Resorts, Inc. (NYSE:BEE)

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Bunge Limited (NYSE:BG), a global agribusiness and food company, has declared a regular quarterly cash dividend of $0.30 per common share, payable June 2, 2014, to shareholders of record May 16, 2014. The company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable June 1, 2014, to shareholders of record on May 15, 2014. Shares of BG are marginally higher in after-hours trade at $79.61.

Insurance holding company National Interstate Corp.’s (NASDAQ:NATL) board of directors has approved a $0.12 per share dividend, payable March 27, 2014, to shareholders of record of the company’s common stock as of the close of business March 12, 2014. The $0.12 per share dividend represents a 9% increase over quarterly dividend payments made in 2013. The company has increased its dividend each year since its Initial Public Offering in 2005. NATL closed the regular session at $30.27. Shares are unmoved in Friday’s evening trade.

PHI Inc. (NASDAQ:PHII) is steady in after-hours trading and the helicopter transport company tonight reporting net income of $58.9 million, or $3.77 per diluted share, up from an $18.1 million profit in the previous 12-month period. Annual revenue rose 32.4% to $856.5 million. No analyst estimates were available for comparison. Shares were unchanged in Friday’s after-market a $39.60 each, earlier rising 0.5% during today’s regular session.

Shares of global investment company KKR & Co. L.P. (NYSE:KKR) are down 0.4% at $24.04 after-hours as Sedgwick Claims Management Services, Inc., a provider of technology-enabled claims and productivity management solutions, reports the closing of KKR’s acquisition of the majority ownership of Sedgwick for $2.4 billion from previous investors Hellman & Friedman LLC and Stone Point Capital LLC.

Strategic Hotels & Resorts, Inc. (NYSE:BEE) has closed on the sale of the Four Seasons Punta Mita Resort and the adjacent La Solana land parcel for $200.0 million. The company expects after tax proceeds to total approximately $180.0 million, which it intends to use to retire its 8.50% Series A Preferred Stock and reduce indebtedness under its revolving credit facility. Shares of BEE are flat at $9.99 in after-hours trade.

 

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