Flowserve Corp. (FLS) Declares $0.29 Quarterly Dividend; 1% Yield
Flowserve Corp. (NYSE: FLS) has declared a quarterly cash dividend of $0.29 per common share, $1.16 annualized. The dividend is payable on January 14, 2011, to shareholders of record as of the close of business on December 31, 2010. The ex-dividend date is December 29, 2010. Yield on the dividend is 1%.... more
American Greetings (AM) Declares $0.14 Quarterly Dividend; 2.6% Yield
American Greetings Corporation (NYSE: AM) today announced a quarterly cash dividend of $0.14 per common share, $0.56 annualized. The dividend is to be paid on December 31, 2010 to shareholders of record at the close of business on December 23, 2010. The ex-dividend date is December 21, 2010. Yield on the dividend is 2.6%.... more
Moodys Corp (MCO) Raises Quarterly Dividend by 9.5% to 11.5c/Share; 1.7% Yield
Moody’s Corporation (NYSE: MCO) declared a regular quarterly dividend of $0.115 per common share, $0.46 annualized. The company had previously declared a quarterly dividend of $0.105 per common share. The dividend will be payable March 10, 2011 to stockholders of record at the close of business on February 20, 2011. The ex-dividend date is February 17, 2011. Yield on the dividend is 1.7%.... more
Horizon Technology (HRZN) Declares $0.22 Quarterly Dividend; 5.8% Yield
Horizon Technology Finance Corporation (Nasdaq: HRZN) has declared a fourth quarter dividend of $0.22 per share, $0.88 annualized. The dividend is payable on December 31, 2010 to stockholders of record on December 28, 2010. The ex-dividend date is December 24, 2010. Yield on the dividend is 5.8%.... more
What Are the Best U.S.-Listed Dividend Plays?
Following my recent post on the relationship between higher payout ratio and higher future earnings growth, Pierre-Olivier of www.jourly.com asked me who I thought were the best U.S. dividend plays. And while I had some ideas based on stocks I have reviewed since creating Margin of Safety Investing, I thought I should try and answer the question based on the entire U.S. stock universe, not just the stocks I have analyzed so far.To do so, I first generated a list of U.S. companies using Morningstar’s stock screener using the following criteria:... more
GE's Latest Dividend Hike: Good News or Bad News?
GE's (GE) announcement of a 17% dividend hike on top of its 20% hike earlier this year was the topic of lively discussion at our investment policy meeting on Monday. We all agreed that on the surface the news was good for GE and stocks in general, but several committee members voiced a surprising concern. First let me share the positive implications we believe GE's dividend actions signal.... more
VSB Bancorp (VSBN) Declares $0.06 Quarterly Dividend; 2.1% Yield
VSB Bancorp, Inc. (Nasdaq: VSBN) has declared a quarterly cash dividend of $0.06 per share, $0.24 annualized. The dividend is payable on January 3, 2011 to stockholders of record on December 24, 2010. The ex-dividend date is December 22, 2010. Yield on the dividend is 2.1%.... more
Glatfelter (GLT) Declares $0.09 Quarterly Dividend; 2.9% Yield
Glatfelter (NYSE: GLT) announced today that its Board of Directors declared a quarterly dividend of $0.09 per common share, $0.36 annualized. The dividend is payable on February 1, 2011, to shareholders of record as of the close of business on January 7, 2011. The ex-dividend date is January 5, 2010. Yield on the dividend is 2.9%.... more
CFS Bancorp (CITZ) Declares $0.01 Quarterly Dividend; 0.7% Yield
CFS Bancorp, Inc. (Nasdaq: CITZ) announced that the Board of Directors on December 13, 2010 declared a quarterly cash dividend of $0.01 per share, $0.04 annualized. The dividend is payable on January 28, 2011 to stockholders of record on January 7, 2011. The ex-dividend date is January 5, 2011. Yield on the dividend is 0.7%.... more
HopFed Bancorp (HFBC) Declares $0.08 Quarterly Dividend; 3.5% Yield
HopFed Bancorp, Inc. (Nasdaq: HFBC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, $0.32 annualized. The cash dividend will be paid on January 18, 2011, to stockholders of record as of December 31, 2010. The ex-dividend date is December 29, 2010. Yield on the dividend is 3.5%.... more