Cytec Industries Inc. (CYT) Reports Mixed Q4 Results; Guides FY11 Below the Street; Resumes Buyback, Dividend
Cytec Industries Inc. (NYSE: CYT) reported Q4 EPS of $0.83, $0.22 better than the analyst estimate of $0.61. Revenue for the quarter came in at $700 million versus the consensus estimate of $799.63 million. Cytec Industries Inc. sees FY11 EPS of $3.15-$3.50, versus the consensus of $3.73. Cytec Industries Inc. sees FY11 revenue of $2.9-$3 billion, versus the consensus of $3.48 billion. Resumes its buyback, adds $150 million in shares. Restores dividend.... more
Alexander & Baldwin (ALEX) Declares $0.315 Quarterly Dividend; 3.1% Yield
Alexander & Baldwin, Inc. (NYSE: ALEX) today announced a first quarter 2011 dividend of $0.315 per share, $1.26 annualized. The dividend is payable on March 3, 2011 to shareholders of record as of the close of business on February 10, 2011. The ex-dividend date is February 8, 2011. Yield on the dividend is 3.1%.... more
Arthur J. Gallagher (AJG) Raises Dividend By 3%
Arthur J. Gallagher & Co. (NYSE: AJG) declared a $0.33 per share quarterly cash dividend on the company's common stock payable on April 15, 2011 to shareholders of record as of March 31, 2011. "We are pleased to announce this 3% increase in our dividend, which reflects the Board's continued confidence in our company and in our ability to grow in this challenging environment," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Over the years, we've been committed to rewarding our shareholders, and this increase is a reflection of that continued commitment."... more
Sunoco Logistics Partners (SXL) Increases Dividend
Sunoco Logistics Partners L.P. (NYSE: SXL) announced net income attributable to owners for the fourth quarter 2010 of $59 million ($1.42 per unit diluted), compared with $54 million ($1.30 per unit diluted) for the fourth quarter 2009. Highlights of the fourth quarter 2010 include: Distributable cash flow of $69 million for the quarter compared to $50 million for the prior year period; Recognized contango inventory profits of approximately $10 million in the fourth quarter 2010; Finished 2010 with a Debt to EBITDA ratio of 3.4x "Entering 2011, we continue to build upon our diverse asset base with near-term emphasis on expanding our marketing terminal blending services and working toward optimizing our assets in the Marcellus Shale region with Project Mariner. We are projecting... more
Costco (COST) Declares $0.205 Quarterly Dividend; 1.1% Yield
Costco Wholesale Corporation (Nasdaq: COST) has declared a quarterly dividend of $0.205 per share, $0.82 annualized. The dividend is payable February 25, 2011, to shareholders of record at the close of business on February 11, 2011. The ex-dividend date is February 9, 2011. Yield on the dividend is 1.1%.... more
BankFinancial (BFIN) Approves $0.07 Per Share Quarterly Cash Dividend - Annual Yield 3.00%
BankFinancial Corporation (Nasdaq: BFIN) has declared a cash dividend of $0.07 per common share. The dividend will be payable on March 4, 2011 to stockholders of record on February 9, 2011.... more
McDonald's (MCD) Approves $0.61 Per Share Quarterly Cash Dividend - Annual Yield 3.20%
McDonald's (NYSE: MCD) declared a quarterly cash dividend of $0.61 per share of common stock payable on March 15, 2011 to shareholders of record at the close of business on March 1, 2011.... more
Capital One (COF) Declares $0.05 Quarterly Dividend; 0.4% Yield
Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.05 per share, $0.20 annualized. The dividend is payable February 22, 2011 to stockholders of record as of February 11, 2011. The ex-dividend date is February 9, 2011. Yield on the dividend is 0.4%.... more
Parker Hannifin (PH) Increases Quarterly Dividend 10% to $0.32; Yields 1.5%
Parker Hannifin Corporation (NYSE: PH) has declared a quarterly dividend of $0.32 per common share, $1.28 annualized. The dividend is a 10% increase from the current rate of $0.29. The dividend is payable March 4, 2011 to shareholders of record as of February 10, 2011. The ex-dividend date is February 8, 2011. Yield on the dividend is 1.5%.... more
Charles Schwab (SCHW) Approves $0.06 Per Share Quarterly Cash Dividend - Annual Yield 1.30%
Charles Schwab Corporation (Nasdaq: SCHW) has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable February 25, 2011 to stockholders of record February 11, 2011.... more