Potash Corp (POT) Declares $0.10 Quarterly Dividend; 0.3% Yield
Potash Corporation of Saskatchewan Inc. (NYSE: POT) announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share, $0.40 annualized. The dividend is payable February 10, 2011 to shareholders of record January 20, 2011. The ex-dividend date is January 18, 2010. Yield on the dividend is 0.3%.... more
JBT Corp. (JBT) Declares $0.07 Quarterly Dividend; 1.6% Yield
JBT Corporation (NYSE: JBT) has declared its fourth quarter 2010 cash dividend of $0.07 per Common share, $0.28 annualized. The dividend will be payable on December 10, 2010 to stockholders of record at the close of business on November 19, 2010. The ex-dividend date is November 17, 2010. Yield on the dividend is 1.6%.... more
12 Emerging Market Dividend Stocks for Income
Investors have been attracted to emerging market equities for many years now due to their capital appreciation potential. Until recently not many emerging market stocks have been known for their dividends. However that paradigm is changing. Companies in developing countries are increasingly paying out a higher portion of their profits to investors in the form of dividends. The following chart shows that increasingly dividends make up a significant portion of the EM total returns:... more
Oil-Dri Should Continue to Sop Up Profits (And Grow Its Dividend)
Oil-Dri Corporation (ODC) recently reported net sales of $219 million for the fiscal year ended July 21, 2010 and net income of $9.46 million or $1.30 per share. This was lower than the previous fiscal year by 7% and 2%, respectively. What's so impressive about the above result? Despite the lower sales and net income, which were primarily due to fewer tons sold and a decision by ODC's largest customer, Wal-Mart (WMT) to carry a reduced number of cat litter brands, the company improved all its operating margins. In fact, this small company has delivered consistent, if not spectacular operating results for several years.... more
Bridgford Foods (BRID) Declares $0.10 Quarterly Dividend; 3.3% Yield
Bridgford Foods Corporation (Nasdaq: BRID) today announced that its Board of Directors has approved a one-time cash dividend of $0.10 per share of common stock, $0.40 annualized. The dividend is payable on December 20, 2010, for shareholders of record on November 23, 2010. The ex-dividend date is November 19, 2010. Yield on the dividend is 3.3%.... more
DeVry (DV) Adds $50M to Buyback Plan; to Raise Qtr. Dividend to 24c/Share
Dow Jones is reporting that, at the company's Annual Shareholders Meeting, DeVry (NYSE: DV) announced that it has added $50 million to its buyback program and expects to boost its quarterly dividend by 20% to 24c per common share.... more
Symetra Financial (SYA) Declares $0.05 Quarterly Dividend; 1.8% Yield
Symetra Financial Corporation’s (NYSE: SYA) board of directors today declared a cash dividend of $0.05 per share on the company’s stock, $0.20 annualized. The dividend will be payable on or about December 10, 2010 to common shareholders and warrant holders of record as of the close of business on November 24, 2010. The ex-dividend date is November 22, 2010. Yield on the dividend is 1.8%.... more
Next Up for Banks: Dividends?
OK, so technically most of the big banks are still dividend-paying stocks. Citigroup's (NYSE: C) payout may still be a goose egg, but Wells Fargo (NYSE: WFC) sports a 0.7% yield, JPMorgan Chase spits out 0.5%, and even Bank of America (NYSE: BAC) manages 0.3%. But the fact that they pay some meager pittance isn't the point. The point is that banks used to be a key piece of any dividend-investor's portfolio, and now they're largely an afterthought. But that may be about to change.... more
Frontier Is Fixing Verizon's Problems
You know, I'm starting to think that Frontier Communications (NYSE: FTR) is run by some smart people. When the rural telecom operator first announced that it was paying $8.5 billion to Verizon (NYSE: VZ) to take over Big Red's wireline operations in 14 states, the plan seemed a bit bonkers. Economies of scale are one thing, but nearly tripling in size overnight while almost doubling the company's debt load and diluting its stock something fierce simply couldn't be a good idea. After all, Verizon was selling these assets for a reason. It's difficult and expensive to run a mostly small-town network of voice and data communications. Why would Frontier do a better job at it than Verizon?... more
Dr Pepper Snapple Group's Dividends May Not Last Forever
Whether you're a beginning investor or a near-retiree, the importance of purchasing stocks that pay dividends cannot be overstated. Not only do companies that have quarterly or annual payouts provide you with a steady stream of income, they also have the potential for capital appreciation. Simply put, dividend stocks can give your portfolio what almost no other investment can -- both income and growth. At The Motley Fool, we're avid fans of dividends -- and not just because we like that steady stream of cash. Studies have shown that from 1972 to 2006, stocks in the S&P 500 that don't pay dividends have earned an average annual return of 4.1%; dividend stocks, however, have averaged a whopping 10.1% per year. That is an incredible difference -- one that you'd be crazy to not take... more