Southern (SO) (ALTR) (CSCO) (RF) (SMH) (TTO) (UFPI) Upgraded

Southern Co. (NYSE: SO), Altera (NASDAQ: ALTR), Cisco Systems, Inc. (NASDAQ: CSCO), Regions Financial Corporation (NYSE: RF), Semiconductor HOLDRs (NYSE: SMH), Tortoise Capital Resources Corp. (NYSE: TTO) and Universal Forest Products, Inc. (NASDAQ: UFPI) upgraded by analysts.

Altera (ALTR) was upgraded by Miller Tabak from a “Hold” rating to a “Buy” rating. They cited valuation as the catalyst behind their call.

Cisco Systems, Inc. (CSCO) was upgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Overweight” rating.

Regions Financial Corporation (RF) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

Semiconductor HOLDRs (SMH) was upgraded by Barclays Capital to a “Positive” rating.

Southern Co. (SO) was upgraded by Macquarie to an “Outperform” rating.

Tortoise Capital Resources Corp. (TTO) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating.

Universal Forest Products, Inc. (UFPI) was upgraded by DA Davidson from an “Underperform” rating to a “Neutral” rating. They have a price target of $27.00 on the company.

Dividends on (TYN) (TTO) (BKCC) (SFDL) (TSX:AKT-B) Declared

Tortoise North American Energy Corp. (TYN), Tortoise Capital Resources Corp. (TTO), BlackRock Kelso Capital Corp. (BKCC), Security Federal Corporation (SFDL) and Akita Drilling (TSX:AKT-B) declare dividends.

The Board of Directors of Tortoise North American Energy Corp. (TYN) declared a quarterly common stock dividend of $0.375 per share payable 6/1/11 to shareholders of record at the close of business on 5/24/11.

The Board of Directors of Tortoise Capital Resources Corp. (TTO) declared a quarterly common stock dividend of $0.10 per share payable 6/1/11 to shareholders of record at the close of business on 5/24/11.

The Board of Directors of BlackRock Kelso Capital Corp. (BKCC) declared a quarterly common stock dividend of $0.26 per share payable 7/1/11 to shareholders of record at the close of business on 6/17/11.

The Board of Directors of Security Federal Corporation (SFDL) declared a quarterly common stock dividend of $0.08 per share payable 6/15/11 to shareholders of record at the close of business on 5/31/11.

The Board of Directors of Akita Drilling (TSX:AKT-B) declared a quarterly common stock dividend of C$0.07 per share payable 7/4/11 to shareholders of record at the close of business on 6/20/11.