Daily Dividend Report: NAVI, EME, WIRE, ALG, SBR

Navient (NAVI) approved a 2016 second quarter dividend of $0.16 per share on the company's common stock.

The second quarter 2016 dividend will be paid on June 17, 2016, to shareholders of record at the close of business on June 3, 2016.

EMCOR Group (EME) has declared a regular quarterly cash dividend of $0.08 per common share. The dividend will be paid on April 29, 2016 to stockholders of record as of April 18, 2016.

Encore Wire Corporation (WIRE) announced today that the Company's Board of Directors has declared a cash dividend. Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, said, "This two-cent per share dividend will be paid on April 18, 2016 to stockholders of record at the close of business on April 11, 2016.

Alamo Group (ALG) has declared its quarterly cash dividend of $0.09 per share, payable April 29, 2016, to shareholders of record at the close of business on April 15, 2016.

Southwest Bank, as Trustee of the Sabine Royalty Trust (SBR), declared a cash distribution to the holders of its units of beneficial interest of $0.13858 per unit, payable on April 29, 2016, to unit holders of record on April 15, 2016.