Churchill Downs (CHDN) Declares $0.50 Annual Dividend; 1.2% Yield
Churchill Downs Incorporated (Nasdaq: CHDN) today declared an annual dividend of $0.50 per common share. The dividend is payable January 24, 2011, to stockholders of record on December 31, 2010. The ex-dividend dates is December 29, 2010. Yield on the dividend is 1.2%.... more
McDonald's: Still One of the Great Success Stories for Dividend Growth Investors
Linked here is a detailed quantitative analysis of McDonald’s Corporation (MCD). Below are some highlights from the above linked analysis: Company Description: McDonald’s Corporation is the largest fast-food restaurant company in the world, with about 32,500 restaurants in 117 countries. Fair Value: I consider four calculations of fair value, see page 2 of the linked PDF for a detailed description:... more
The Best Dividend Stocks in 2011 by Sector
What will be the best dividend stocks in 2011? Where will you put your money? Before the Holidays, I wanted to leave you with my thoughts on a number of different sectors. I am about to restructure my whole dividend portfolio during the holidays (I have plenty of growth, dividends and “gamble” stocks right now). This is why I am doing a review of each sector. Basic Materials... more
Arlington Asset (AI) Declares $0.60 Quarterly Dividend; 10% Yield
Arlington Asset Investment Corp. (NYSE: AI) today announced that its Board of Directors declared a quarterly dividend of $0.60 per share, $2.40 annualized. The dividend will be payable on January 31, 2011 to shareholders of record on December 31, 2010. The ex-dividend date is December 29, 2010. Yield on the dividend is 10%.... more
American Capital Agency (AGNC) Declares $1.40 Quarterly Dividend; 19.1% Yield
American Capital Agency Corp. (Nasdaq: AGNC) announced Friday that its Board of Directors declared a fourth quarter dividend of $1.40 per share, $5.60 annualized. The dividend is payable on January 27, 2011 to common shareholders of record as of December 31, 2010, with an ex-dividend date of December 29, 2010. The ex-dividend date is December 27, 2010. The yield is 19.1%.... more
Glimcher Realty (GRT) Declares $0.10 Quarterly Dividend; 4.5% Yield
Glimcher Realty Trust (NYSE: GRT) announced Friday that its Board of Trustees has declared a quarterly cash dividend of $0.10 per share, $0.40 annualized. The dividend is payable on January 18, 2011 to shareholders and unitholders of record on December 31, 2010. The ex-dividend date is December 29, 2010. The yield is 4.5%.... more
Limoneira Co. (LMNR) Declares $0.03125 Quarterly Dividend; 0.5% Yield
Limoneira Company (Nasdaq: LMNR) has declared a quarterly cash dividend of $0.03125 per common share, $0.125 annualized. The dividend is payable on January 14, 2011, to stockholders of record on December 27, 2010. The ex-dividend date is December 23, 2010. Yield on the dividend is 0.5%.... more
Pep Boys (PBY) Declares $0.03 Quarterly Dividend; 0.88% Yield
Pep Boys (PBY) announced Friday that is Board of Directors has declared a quarterly dividend of $0.03 per share, $0.12 annualized.
The dividend is payable on January 24, 2011 to shareholders of record on January 10, 2011. The ex-dividend sate is January 6, 2011.
The yield is 0.88%... more
Pfizer Raises Dividend: Good News or Bad?
Last week pharmaceuticals giant Pfizer (PFE) raised distributions for a second year in a row. The company raised its dividend by 11.10% to 20 cents/ share. Pfizer cut its dividend in 2009 from 32 to 16 cents/share after it announced that it was acquiring rival Wyeth in a 68 billion dollar buyout. The company has tried to rebuild it history of consistent dividend increases over the past two years, which is a positive thing. Astute dividend investors however know that future dividend increases are supported by strong fundamentals. In Pfizer’s case, the company has a steep cliff of patent expirations on key drugs such as Lipitor in 2011 -2013. Lipitor, for example, accounts for 22% of revenues and its US patent expires in 2011. Analysts are expecting that cheaper generic drug substitutes... more
Top 5 Dividend Stocks for Consideration in Your Portfolio
This week's list of quality dividend paying stocks contains companies that are concentrated in the drug, household goods and food sector of the economy. The complete list of 10 companies we're tracking for possible purchases can be found here. Eight of the 10 companies on the list have market caps of over $8 billion. Topping this list is a popular household name, Clorox (CLX). ConAgra (CAG) is one of our favorite names right now and we're reiterating that anyone interested in the stock to revisit our write up on it. Our latest Investment Observation was on Eli Lilly (LLY), a major pharmaceutical company. LLY is the 7th company on our list this week.... more