General Electric (GE) Boosts Dividend 40% in 2010, More Could Be Coming
General Electric (NYSE: GE) today announced an increase in their quarterly dividend by 16.7% from $0.12 to $0.14. At current shares prices, the annualized yield on the dividend is 3.2%. The announcement is the second time this year the the mega conglomerate has increased their payout to shareholders. The last time the dividend was raised was in July, when the Board kicked up the dividend 20% to $0.12. In numbers terms, they're both a two-cent increase. It may not seem like much, but with 10,654,718,000 common shares outstanding, that two-cents amounts to an additional $213 million leaving the company. Commenting on the hike, outgoing CEO Jeffrey Immelt credited "continued strong cash generation, accelerated recovery at GE Capital and solid underlying performance in our Industrial... more
Honeywell (HON) Raises Annual Dividend by 10% to $1.33/Share, Yielding 2.55%
Honeywell (NYSE: HON) raises its annual dividend by 10% from $1.21 to $1.33 per common share. With the stock last trading around $52.09, the dividend yield moves from 2.32% to 2.55%.... more
Abbott (ABT) Declares $0.44 Quarterly Dividend; 3.7% Yield
Abbott (NYSE: ABT) today declared a quarterly common dividend of $0.44 per common share, $1.76 annualized. The cash dividend is payable February 15, 2011, to shareholders of record at the close of business on January 14, 2011. The ex-dividend date is January 12, 2010. Yield on the dividend is 3.7%.... more
Allegheny Technologies (ATI) Declares $0.18 Quarterly Dividend; 1.4% Yield
Allegheny Technologies Incorporated (NYSE: ATI) announced today that its Board of Directors declared a quarterly cash dividend of $0.18 per common share, $0.72 annualized. The dividend is payable on December 30, 2010, to stockholders of record at the close of business on December 21, 2010. The ex-dividend date is December 17, 2010. Yield on the dividend is 1.4%.... more
GE (GE) raises quarterly dividend by about 17% from 12c to 14c/share
GE (NYSE: GE) raises its quarterly dividend by about 17% from 12c to 14c/share.... more
General Electric (GE) Raises Qtr. Dividend by 17% to 14c/Share, Yielding 3.27%
General Electric (NYSE: GE) has raised its quarterly dividend by about 17% from 12c to 14c per common share. The dividend is payable on Jan. 25 to shareholders of record on Dec. 27. The ex-dividend date is Dec. 22. Based on yesterday's closing price of $17.13, the dividend yield moves from 2.80% to 3.27%.... more
CIBL, Inc. (CIBY) Approves $80 Per Share Dividend; Announces Stock Buyback Plan
CIBL, Inc. (OTC: CIBY) has declared a special cash dividend of $80.00 per share of its common stock. The record date for the dividend is December 14, 2010, and the payable date for the dividend is December 21, 2010. The Board of Directors has also authorized the Company to buy back up to 500 shares of its common stock. Pursuant to this authorization, the Company intends to make purchases of its stock in the Pink Sheets market from time to time, as it deems appropriate based on prevailing market conditions, economic and financial considerations and any other factors which the Board of Directors deems relevant.... more
Analogic Corp. (ALOG) Declares $0.10 Quarterly Dividend; 0.8% Yield
Analogic Corporation (Nasdaq: ALOG) has declared a quarterly cash dividend of $0.10 per common share, $0.40 annualized. The dividend is payable on December 30, 2010, to shareholders of record on December 20, 2010. The ex-dividend date is December 16, 2010. Yield on the dividend is 0.8%.... more
Omnicom Group (OMC) Declares $0.20 Quarterly Dividend; 1.7% Yield
Omnicom Group, Inc. (NYSE: OMC) declared a quarterly dividend of $0.20 per common outstanding share, $0.80 annualized. The dividend is payable on January 10, 2011 to shareholders of record at the close of business on December 22, 2010. The ex-dividend date is December 20, 2010. Yield on the dividend is 1.7%.... more
BCE (BCE) Increases Annual Dividend 7.7% to $1.97; Makes $750M Pension Contribution
BCE Inc. (NYSE: BCE) has declared a 7.7% increase to their annual dividend. The new rate is $1.97. The dividend is payable on April 15, 2011 to shareholders of record at the close of business on March 15, 2011. The ex-dividend date is March 11, 2011. The company also announced that they have made a $750 million contribution to Bell Canada's defined benefit pension plan from cash on hand.... more