5 Dividend Stocks to Hold Forever
I looked at five stocks and assessed their ability to continue their policy of dividend payments. In an economy where interest rates may remain low for some time, investors seeking income may wish to hold such stocks forever: Johnson and Johnson (JNJ): A giant in the world of healthcare, Johnson and Johnson operates in three segments: consumer, pharmaceutical, and medical devices and diagnostics. Founded in 1886, the Brunswick, New Jersey based company has a market capitalization of $182.34 billion, and is expected to show revenues of $65.07 billion this year, and $68.49 billion in 2012. Shares are currently trading at $66.72, toward the upper end of their 52-week range of $56.99 to $68.05. With earnings per share estimated to rise from last year’s $4.41 to this year’s... more
MB Financial, Inc. Approves Dividend
MB Financial, Inc., (Nasdaq: MBFI) will pay a cash dividend, distributing $0.01 per share to shareholders of record as of August 12, to be paid on August 31. The MB Financial Board of Directors approved the payment at its recent meeting.... more
Schnitzer Board Declares Quarterly Dividend
The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.017 per common share, payable on September 1, 2011, to shareholders of record on August 18, 2011. Schnitzer has paid a dividend every quarter since going public in November 1993.... more
Post Properties Announces Quarterly Dividends
Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.22 per share for the third quarter of 2011. The dividend is payable on October 14, 2011 to all common stockholders of record as of September 30, 2011.... more
Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds
Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.... more
GGE Announces Increase to Quarterly Dividend
(NYSE: GGE) Guggenheim Enhanced Equity Strategy Fund (the “Fund”) a closed-end management investment company, announces that it is increasing its quarterly dividend to $0.3125 per share, effective with its August 2011 dividend. The increased dividend compares to $0.1250 per share for the Fund’s most recent dividend, paid on May 31, 2011.... more
Teleflex Announces Quarterly Dividend
Teleflex Incorporated (NYSE: TFX) announced today that its Board of Directors declared a quarterly cash dividend of thirty-four cents ($0.34) per share of common stock. The dividend is payable September 15, 2011 to shareholders of record at the close of business on August 15, 2011.... more
Protective Declares Quarterly Dividend
The Board of Directors of Protective Life Corporation (NYSE: PL) declared a quarterly dividend of $0.16 per share. The Corporation’s Board of Directors declared the quarterly dividend to be paid August 29, 2011 to share owners of record at the close of business on August 12, 2011.... more
7 Best Dividend Stocks to DRIP
Dividend Reinvestment Plans (DRIPs) offer shareholders a way to buy stock directly from the company or through a transfer agent, usually through a monthly plan. They get their name from the fact that they also reinvest dividends paid, purchasing more stock. One of the advantages of DRIPs is that an investor does not need a large amount of money to start – many plans allow investors who own just one share to enroll in a DRIP. Many also allow dividends to be reinvested with no fees, and most will let investors to purchase additional shares through a DRIP for nominal fees. Some plans allow investors to purchase stock at discounts of up to 10% from the current market price. Investors in DRIPs have a long term investment horizon, and invest money regularly, most commonly on a monthly... more
Dividend Champions Smackdown XVI
In previous installments of the Smackdown series, I have screened the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years (which can be found here) using factors such as yield, payout ratio, and dividend growth rate, and then did separate screens on Dividend Contenders (10-24 years of higher dividends) and Challengers (5-9 years). This month, I'm starting the Smackdown by focusing on a new column that was added in the latest update. For an explanation of how I calculate the Estimated 5-year Average EPS Growth, please refer to the latest Dividend Champions update article, which can be found here.I screened as follows: Step 1: After eliminating companies that had not increased their dividend in more than a year, I sorted the companies by... more