Cathay (CATY) (ZION) (AWI) (TCB) (BMS) (BOKF) Upgraded

Cathay General Bancorp (NASDAQ: CATY), Zions Bancorporation (NASDAQ: ZION), Armstrong World Industries (NYSE: AWI), TCF Financial Co. (NYSE: TCB), Bemis (NYSE: BMS) and BOK Financial Co. (NASDAQ: BOKF) upgraded by analysts.

Zions Bancorporation (ZION) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $20.00 on the company, down from $25.00.

Armstrong World Industries (AWI) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

TCF Financial Co. (TCB) was upgraded by FBR Capital from an “Underperform” rating to a “Market Perform” rating. They have a price target of $11.00 on the company, down from $12.00.

Bemis (BMS) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Buy” rating.

BOK Financial Co. (BOKF) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $56.00 on the company.

Cathay General Bancorp (CATY) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $15.00 on the company, down from $18.00.

Dividend Yields for (BMS) (MWV) (DD) (DOW) (APD)

Indicated dividend yields for Standard & Poor's 500 Index companies Bemis Co Inc (BMS), MeadWestvaco Corp (MWV), EI du Pont de Nemours & Co (DD), Dow Chemical Co (DOW) and Air Products & Chemicals (APD).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

Bemis Co Inc (BMS) has a dividend yield of 3.06 percent on a declared dividend of $0.24. The payout ratio is 51.1 percent.

MeadWestvaco Corp (MWV) has a dividend yield of 2.97 percent on a declared dividend of $0.25. The payout ratio is 60.8 percent.

EI du Pont de Nemours & Co (DD) has a dividend yield of 2.89 percent on a declared dividend of $0.41. The payout ratio is 26.6 percent.

Dow Chemical Co (DOW) has a dividend yield of 2.44 percent on a declared dividend of $0.25. The payout ratio is 27.3 percent.

Air Products & Chemicals Inc (APD) has a dividend yield of 2.43 percent on a declared dividend of $0.58. The payout ratio is 40.4 percent.