Maine & Maritimes (MAM) Declares $0.05 Quarterly Dividend; 0.5% Yield

Maine & Maritimes Corporation (AMEX: MAM) declared a quarterly dividend of $0.05 per common share, $0.20 annualized. The dividend is payable January 18, 2011, to all shareholders of record as of December 13, 2010. The ex-dividend date is December 9, 2010. Yield on the dividend is 0.5%.... more

Lincoln Electric (LECO) Ups Qtr. Dividend by 10.7% to 31c/Share, Yielding 1.97%

Lincoln Electric (Nasdaq: LECO) raises its quarterly dividend by 10.7% from 28c to 31c/share. The dividend is payable on Jan. 14 to shareholders of record on Dec. 31. The ex-dividend date is Dec. 29. With shares of LECO last trading around $62.96, the dividend yield moves from 1.78% to 1.97%.... more

OGE Energy (OGE) Increases Quarterly Dividend 3.5% to $0.375; Yields 3.4%

OGE Energy Corp. (NYSE: OGE) has declared a quarterly dividend of $0.375 per common share, $1.50 annualized. The dividend is a 3.5% increase from the current rate of $0.3625. The dividend is payable January 28, 2011, to shareowners of record January 10, 2011. The ex-dividend date is January 6, 2010. Yield on the dividend is 3.4%.... more

Verizon Communications (VZ) Declares $0.4875 Quarterly Dividend; 6% Yield

Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of $0.4875 per outstanding share, $1.95 annualized. The dividend is payable on February 1, 2011, to Verizon Communications shareowners of record at the close of business on January 10, 2011. The ex-dividend date is January 6, 2011. Yield on the dividend is 6%.... more

CapitalSource (CSE) Declares $0.01 Quarterly Dividend; 0.6% Yield

CapitalSource Inc. (NYSE: CSE) today announced a quarterly cash dividend of $0.01 per common share, $0.04 annualized. The dividend will be payable on or about December 28, 2010 to shareholders of record on December 13, 2010. The ex-dividend date will be December 9, 2010. Yield on the dividend is 0.6%.... more

United-Guardian (UG) Declares $0.33 Cash Dividend; 2.3% Yield

United-Guardian, Inc. (Nasdaq: UG) announced that on December 1, 2010 its Board of Directors declared a cash dividend of $0.33 per common share. The dividend will be paid on December 27, 2010, to all stockholders of record on December 15, 2010. The ex-dividend date is December 13, 2010. Yield on the dividend is 2.3%.... more

Seven Dividend Stocks With Great Balance Sheets

One of the things I really focus on when looking for a suitable investment is a great balance sheet. I want to own a company with plenty of cash and little debt. Sometimes I’m willing to make exceptions for unusually durable businesses, but overall, I try to keep my portfolio filled with companies that boast better-than-average financial strength. These are not necessarily recommendations, and a closer look is of course required, but here are seven companies that might be appealing to investors looking for a high-quality financial situation: Automatic Data Processing (ADP) Automatic Data Processing is one of the world’s largest outsourcing companies. ADP deals with human resource needs, benefits, payroll, and computing processes for many companies around the world. They prepare... more

Range Resources Corp. (RRC) Declares $0.04 Quarterly Dividend; 0.4% Yield

Range Resources Corp. (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend of $0.04 on its common stock, $0.16 annualized. The dividend is payable on December 31, 2010 to stockholders of record at the close of business on December 15, 2010. The ex-dividend date is December 13, 2010. Yield on the dividend is 0.4%.... more

Gildan Activewear (GIL) Declares $0.075 Quarterly Dividend; 1% Yield; Authorizes 1M Common Buyback

Gildan Activewear Inc. (NYSE: GIL) is pleased to announce that its Board of Directors has approved the introduction of a quarterly cash dividend. The initial quarterly dividend of $0.075 per share, $0.30 annualized. The dividend will be paid on March 18, 2011, to shareholders of record on February 23, 2011. The ex-dividend date is February 21, 2010. Yield on the dividend is 1%. In addition, the Company announced that it is reinstating a normal course issuer bid to repurchase outstanding shares of the Company in the open market. Gildan intends to purchase up to 1,000,000 common shares, representing approximately 0.8% of the Company's issued and outstanding common shares.... more

World Fuel Services (INT) Declares $0.0375 Quarterly Dividend; 0.5% Yield

World Fuel Services Corporation (NYSE: INT) announced today that its board of directors has declared a quarterly cash dividend of $0.0375 per share, $0.15 annualized. The dividend is payable on January 5, 2011 to shareholders of record on December 17, 2010. The ex-dividend date is December 15, 2010. Yield on the dividend is 0.5%.... more