Whitney Holding Corp., whose stock has made impressive gains recently., raised its dividend for the second time this year.

Whitney shares were up 75 cents to $37 in late trading on Thursday after the New Orleans-based company said it will increase its quarterly payout to 20 cents per share from 15 cents.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.