GAMCO (GBL) Reports Q3 EPS of 73c; Board Declares Special Dividend of 80c/Share in Cash
GAMCO Investors (NYSE: GBL) reports Q3 EPS of $0.73, vs. the consensus of $0.54. Revenue for the quarter came in at $62.4 million, compared to the consensus of $62.42 million. Declares a special dividend of $0.80/share in cash and $3.20 of principal/share in the form a debenture. Also approves a Q4 dividend of 3c/share.... more
Cherokee (CHKE) Declares $0.38 Quarterly Dividend; 7.6% Yield
Cherokee Inc. (Nasdaq: CHKE) announced Monday that its Board of Directors approved the distribution of a quarterly dividend to shareholders of $0.38 per share, $1.52 per share. The dividend will be payable on or about December 15, 2010, to shareholders of record on December 1, 2010. The ex-dividend date is November 29, 2010. The yield is 7.6%.... more
Equifax (EFX) Boosts Qtr. Dividend by 300% from 4c to 16c/Share, Yield Moves from 0.46% to 1.84%
Equifax (NYSE: EFX) raises its quarterly dividend by 300% from 4c/share to 16c/share. The dividend is payable on Dec. 15 to shareholders of record on Nov. 24. The ex-dividend date is Nov. 22. With shares of Equifax closing at $34.74 on Friday, the dividend yield moves from 0.46% to 1.84%.... more
Abbott Labs: Strong Management, Balance Sheet, Growth and Dividends
Linked here is a detailed quantitative analysis of Abbott Laboratories (ABT). Below are some highlights from the above linked analysis: Company Description: Abbott Laboratories is a diversified life science company and is a leading maker of drugs, nutritional products, diabetes monitoring devices, and diagnostics. Fair Value: I consider four calculations of fair value, see page 2 of the linked PDF for a detailed description:... more
8 Dividend Stocks to Consider in the Coming Week
This week's watch list shrank drastically after an amazing run in the market. According to Dow Theory, this bull market still has legs after the Dow Jones Industrial Average confirmed the move of the Dow Jones Transportation Average at the closing on Wednesday, November 3, 2010. We elaborate further in the article, Dow Theory: Continuation of Bull Market Confirmed. We suggest anyone who missed that article to revisit it.... more
3 High Yield Ideas South of the Border
The drug wars in Mexico make great headlines, such as the news that drug cartel leader Ezequiel "Tony Tormenta" Cardenas was killed by the Mexican marines at the US/Mexico border yesterday. But what isn't being mentioned is that first, the drug violence is confined to only certain areas, and second, the Mexican economy is improving, with the peso rising to the highest level since April, and 850,000 new jobs have been created so far this year. One of the wealthiest people in the world is from Mexico, billionaire Carlos Slim, the chairman and CEO of Telefonos de Mexico (TMX) and América Móvil (AMX).Mexico has one of the fastest growing economies in the world, with a 7.6% GDP growth rate. The middle class has been growing, per capital income has been rising, and inflation has been dropping... more
Dividends vs. Share Repurchases: Chubb, Costco, National Presto Show the Differences
This is the second in a two-part series on share repurchases. The first post explained how share repurchases work. Are share repurchases good or bad? The answer, as might be expected, is a bit gray.... more
High Yields North of the Border
Why Canada? The country came through the housing crisis and financial crisis much better than the United States. Canada is filled with natural resources, and with gold and silver making new highs has certainly helped. Our northern neighbor also has a huge petroleum industry, the second largest oil reserves in the world. It is a net exporter of energy, one of the few nations that can make that claim. It is also one of the top twelve countries in the world by gross domestic product at purchasing power parity per capita, and has a lower unemployment rate than the United States. Although Canada has lots of penny mining stocks, it also has plenty of large cap companies paying high dividends. According to WallStreetNewsNetwork.com which just updated a list of top yielding Canadian stocks, 15... more
10 Highly Liquid British Stocks and Their Current Dividend Yields
In order to identify some of the highly liquid British stocks I used the S&P United Kingdom Index. This index is a subset of the S&P Europe 350 and tracks the performance of highly-liquid equities in different sectors.The median market cap of constituents in the index is about 4.81 £ billion [$6.74 billion dollars]. The top 10 holdings account for about half of the market cap of the index.... more
Despite Possible Dividend Increases, Be Careful Before Investing in Bank Stocks
During the credit crisis, many U.S. banks suspended dividend payments entirely or reduced them significantly. Currently, most of the banks pay dividends. But the yields on them are so small that investors are not attracted to them. For example, the current yields of the big four superbanks are follows: 1. JPMorgan Chase (JPM) Current Dividend Yield: 0.50%... more