Valspar Corp., Minneapolis, declared a quarterly dividend of 23 cents per common share, payable March 15 to shareholders of record on March 4.

EnteroMedics Inc., Roseville, said it intends to offer shares of its common stock and warrants to purchase common stock in an underwritten public offering. The company intends to use the net proceeds from this offering to continue work toward regulatory approval of the Maestro RC System in the United States, for international commercialization efforts, for clinical and product development activities and for other working capital and general corporate purposes. Craig-Hallum Capital Group, Minneapolis, is acting as the sole book-running manager for the offering.