Stocks Trading Ex-Dividend on 6/2/2015
The following is a list of companies trading ex-dividend on Tuesday, June 2nd:
Nielsen Holdings (NYSE: NLSN) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 12% increase from the prior dividend of $0.25. The dividend will be payable on June 18, 2015, to stockholders of record on June 4, 2015, with an ex-dividend date of June 2, 2015. The annual yield on the dividend is 2.4 percent.
Suncor Energy (NYSE: SU) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. The dividend will be payable on June 25, 2015, to stockholders of record on June 4, 2015, with an ex-dividend date of June 2, 2015. The annual yield on the dividend is 3.4 percent.
Abaxis (Nasdaq: ABAX) declared a quarterly dividend of $0.11 per share, or $0.44 annualized. This is a 10% increase from the prior dividend of $0.10. The dividend will be payable on June 18, 2015, to stockholders of record on June 4, 2015, with an ex-dividend date of June 2, 2015. The annual yield on the dividend is 0.7 percent.
The Mosaic Company (NYSE: MOS) declared a quarterly dividend of $0.275 per share, or $1.1 annualized. This is a 10% increase from the prior dividend of $0.25. The dividend will be payable on June 18, 2015, to stockholders of record on June 4, 2015, with an ex-dividend date of June 2, 2015. The annual yield on the dividend is 2.4 percent. The Mosaic Company (NYSE: MOS) announced today that its Board of Directors approved a new share repurchase authorization in the amount of $1.5 billion, allowing Mosaic to repurchase Class A or common shares, through open market purchases, accelerated share repurchase arrangements, privately negotiated transactions or otherwise. The new authorization has no set expiration date, but it is expected to be completed over the next two to three year period depending on market conditions. The remaining amount under the Company's current authorization has been cancelled. As part of the new authorization, Mosaic intends to execute an accelerated share repurchase (ASR) agreement in the near term for $500 million. The ASR agreement is expected to be completed by the end of September, 2015."This new authorization, combined with our increased dividend, underscores confidence in our investments and Mosaic's ability to grow cash flow across business cycles," said President and Chief Executive Officer Jim Prokopanko. "Effectively allocating our capital to generate attractive long-term returns and returning excess capital to shareholders are top priorities.""We're happy to announce a $1.5 billion authorization which fits with our long articulated capital management philosophy. As we have said, Mosaic will continue with a balanced approach to capital by investing in our assets, growing our business when compelling opportunities arise, increasing our dividend as our business grows, and returning excess cash to shareholders," said Rich Mack, Executive Vice President and Chief Financial Officer. "Mosaic's prudent capital allocation will be an integral part of creating long-term, sustainable value for our shareholders, and our future cash flow generation looks promising."
Joy Global (NYSE: JOY) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. The dividend will be payable on June 18, 2015, to stockholders of record on June 4, 2015, with an ex-dividend date of June 2, 2015. The annual yield on the dividend is 1.9 percent.... Read more