Courier Corp. (CRRC) Posts Q4 EPS of $0.35, Shy of Views; Guides FY11; Declares $0.21 Quarterly Dividend; 5.6% Yield
Courier Corporation (CRRC) reports Q4 EPS of $0.35, versus the analyst estimate of $0.49. Revenue for the quarter was $70.2 million, compared to $68.4 million in Q309. Sees FY11 revs of $269 - $288 million, with an EPS of $0.85 - $1.15. Consensus sees an EPS of $1.09. The company's Board also declared a quarterly dividend of $0.21 per common share, $0.84 annualized. The dividend is payable November 30, 2010, to stockholders of record on November 22, 2010. The ex-dividend date is November 18, 2010. Yield on the dividend is 5.6%.... more
Courier Corporation (CRRC) Declares $0.21 Quarterly Dividend; 5.4% Yield
Courier Corporation (Nasdaq: CRRC) announced Monday that its Board of Directors has declared a quarterly dividend of 21 cents per common share, 84 cents annualized. The dividend is payable November 30, 2010, to stockholders of record on November 22, 2010. The ex-dividend date is November 18, 2010. The yield is 5.4%.... more
Black Box Corp. (BBOX) Declares $0.06 Quarterly Dividend; 0.7% Yield
Black Box Corporation (Nasdaq: BBOX) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of its Common Stock, $0.24 annualized. The dividend will be payable on January 14, 2011 to stockholders of record at the close of business on December 31, 2010. The ex-dividend date is December 29, 2010. Yield on the dividend is 0.7%.... more
Avista (AVA) Declares $0.25 Quarterly Dividend; 4.6% Yield
Avista Corp. (NYSE: AVA) has declared a quarterly dividend of $0.25 per share on the company's common stock, $1.00 annualized. The common stock dividend is payable December 15, 2010, to shareholders of record at the close of business on December 2, 2010. The ex-dividend date is November 30, 2010. Yield on the dividend is 4.6%.... more
Monro Muffler Brake (MNRO) Declares $0.12 Quarterly Dividend; 1% Yield
Monro Muffler Brake, Inc. (Nasdaq: MNRO) announced Monday that its Board of Directors has approved a 33 percent increase in the Company's quarterly dividend to $0.12 per share, $0.48 annualized. The dividend will be payable on December 13, 2010 to shareholders of record as of December 3, 2010. The ex-dividend date is December 1, 2010. The yield is 1%.... more
Six Reliable Dividend Growth Stocks Raising Distributions
Investors who plan to live off their investments in retirement need reliability and consistency of investment returns. Investors who subscribed to the traditional expectations of ten percent annual total returns learned the hard way that volatility in investment results is something that they have to accept. Total return is comprised of price gains and dividend income. What few advisers tell their clients these days is that there is one component of investment returns which is stable, reliable and consistent. This dividend portion of total returns is typically not as volatile as equity prices, which makes it an ideal fit for a successful retirement strategy.Just because a company pays dividends, however, doesn’t automatically make it a good investment. A company has to have some... more
11 High Yield Stocks to Buy Now
Approximately once per month I run a high-yield momentum screen using the free service on Finviz and post the results. Last month's list is here. Returns for the last month were 1.75% including dividends versus 2.98% for SPY and -.18% for SDY. The top performing stock from last month's list was Qwest Communications (Q) returning 6.93% while HCP Inc (HCP) was the worst performing at -5.66% (including dividends). The strategy has done well this year despite under-performing SPY last month. The screen looks for high yielding high momentum stocks. I screen the S&P 500 for stocks yielding greater than 4% and then rank them by 6 month returns. There were 55 results (versus 53 last month) and per a previous article (see below for explanation), the highest momentum, high yield stocks have... more
Four High Yield Israeli Stocks
A couple weeks ago, one of the hottest IPOs in a long time took place. SodaStream International Ltd. (SODA), an Israeli company, went public, selling 6,250,000 shares at $20 per share. SodaStream manufactures and markets home beverage carbonation systems, which can turn tap water into sparkling water and soda in just a few seconds. The product is available for purchase at Bed Bath & Beyond (BBBY), Macy's (M), Sears (SHLD), Williams-Sonoma (WSM), and numerous other retailers. On the day the stock went public, it started trading at 24.12 per share and kept rising during the day, closing at 30. Within a couple days, it jumped to 34.88. It has since sold off.... more
Macquarie Group: Nice Yield, Growth Potential, Declining Dollar Exposure
Macquarie Group (MQBKY.PK) should be seriously considered by dividend seeking investors for current yield and for dividend growth, both of which are enhanced in a declining US dollar environment. Macquarie is an Australian investment bank whose earnings have fluctuated over the past few years, and so has its payout. Management has a stated goal of distributing 55% to 60% of taxable earnings to shareholders and as earnings climb with the next business cycle, so will the dividend. It is important to note the exchange rate US $ to A$ impacts cash distributions enjoyed by US shareholders. As the US $ declines in relation to the A$, converting the dividend, which is paid in A$, to US $ means the US investor receives more cash distributions, while the opposite holds true when the US $... more
Three High Yield Germany Stocks
Of all the countries in the European Union, Germany appears to be one of the strongest if not the strongest. After all, it is the world's largest exporter of goods and has the largest economy in Europe. In terms of alternative energy, Germany is the largest exporter of wind turbines and has the largest capacity of wind power and solar power. If you are interested in investing in this EU leader, there are several German stocks which, in addition to providing growth potential, also provide income through dividends. WallStreetNewsNetwork.com has just published a brand new list called High Yield Germany Stocks, which shows almost ten German stocks that pay dividends, ranging from 1.2% to 7.6%.... more