Double Eagle Petroleum Co. (NASDAQ:DBLE) declared a cash dividend on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock") in the amount of $0.578125 per share, payable on June 30, 2011 to shareholders of record as of June 20, 2011. The Series A Preferred Stock was issued on July 5, 2007 and trades on the NASDAQ Capital Market under the symbol "DBLEP."

United Community Banks, Inc. (Nasdaq:UCBI) announced that it will exercise its right to suspend its regularly scheduled quarterly dividend payment of $2.25 million on its $180 million Cumulative Perpetual Preferred Stock, Series B that was issued to the U.S. Treasury Department under its Capital Purchase Program.