The National Security Group, Inc. Declares Cash Dividend
On July 22, 2011, the Board of Directors of The National Security Group, Inc. (Nasdaq: NSEC) declared a quarterly dividend of $.15 per share. This cash dividend is payable on August 31, 2011 to shareholders of record August 8, 2011. With its home office in Elba, Alabama, The National Security Group, Inc. is an insurance holding company. Company shares are traded on the Nasdaq Global Market under the symbol NSEC.... more
Penske Automotive Increases Dividend
Penske Automotive Group, Inc. (NYSE: PAG), an international automotive retailer, today announced that its Board of Directors has declared a cash dividend of $0.08 per share, representing an increase of 14% over the $0.07 dividend paid in the previous quarter.... more
Coca-Cola Enterprises, Inc. Declares Regular Quarterly Dividend
The Coca-Cola Enterprises (NYSE/Euronext Paris: CCE) Board of Directors declared a regular quarterly dividend of 13 cents per common share. The dividend is payable September 22, 2011 to shareowners of record on September 9, 2011.... more
Wells Fargo & Company Announces Third Quarter Dividend
Wells Fargo & Company (NYSE: WFC) today announced a common stock dividend for the third quarter of $0.12 per share. The dividend is payable September 1, 2011, to stockholders of record on August 5, 2011. Wells Fargo & Company has approximately 5.3 billion shares outstanding.... more
GSK Showers Shareholders With Cash
GlaxoSmithKline (NYSE: GSK) , the U.K.'s largest pharmaceutical company, has released its second-quarter results. Thanks to rising earnings and dividends, its shares remain attractively priced, particularly to income-seeking investors. GSK goes for growthGSK reported second-quarter sales down 2% to 6.7 billion pounds. However, after stripping out sales of pandemic-related products, diabetes drugAvandiaand herpes medicationValtrex, underlying sales growth rose by 5%.... more
5 Dividend Stocks to Hold Forever
Investment Underground took a look at some of the most consistent dividend payers in its coverage universe. Here is what we found: Exxon Mobil (XOM) XOM is an American oil and gas company, with presence in all the five habitable continents. It is involved in exploration of oil and natural gas, production of petroleum and chemical products and transportation, marketing and selling of these products. XOM is one of the biggest companies in the world with revenues bigger than GDP of many countries. Over the last 10 years XOM has increased its EPS at a rate of 12.45% compounded annually. XOM has not a skipped a dividend for over 100 years and has increased its dividend consistently for the past 28 years. Over the last five years its average dividend growth rate has been approximately 7%... more
Exelon Corporation Declares Dividend
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.525 per share on Exelon’s common stock. The dividend is payable on September 9, 2011, to shareholders of record of Exelon at 5:00 p.m. New York Time on August 15, 2011.... more
UGI Declares Common Dividend
Directors of UGI Corporation (NYSE: UGI), a holding company with utility, propane marketing and energy services subsidiaries, today declared the quarterly dividend of $0.26 a share on the company’s common stock. The dividend is payable October 1, 2011 to shareholders of record as of September 15, 2011.... more
2 Dividends to Keep, 1 to Leave Behind
Dividend machineGlobal engine manufacturer Cummins (NYSE: CMI) raised its quarterly dividend 52% on the strength of a healthy balance sheet. The quarterly dividend increases from $0.26 to $0.40 a share, driving its dividend yield up from 1% to about 1.5%. It is still modest, but an improvement nevertheless. Victimized by the recession a few years ago but adapting to strict environmental standards, the company has really bounced back. Overseas sales in India and Brazil are booming, and demand for natural gas and hybrid engines has been picking up in developed economies.... more
IFF Raises Quarterly Dividend
International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for consumer products, announced that its Board of Directors has authorized an increase in the Company’s quarterly cash dividend, raising it 15 percent from $0.27 to $0.31. The increased quarterly dividend of $0.31 per share will be paid on October 5, 2011 to all IFF shareholders of record as of September 21, 2011.... more