PacWest Bancorp (PACW) Declares $0.01 Quarterly Dividend; 0.2% Yield
PacWest Bancorp (Nasdaq: PACW) declared today a quarterly cash dividend of $0.01 per common share, $0.04 annualized. The cash dividend is payable on November 30, 2010 to stockholders of record at the close of business on November 15, 2010. The ex-dividend date is November 11, 2010. Yield on the dividend is 0.2%.... more
Unitrin (UTR) Declares $0.22 Quarterly Dividend; 3.7% Yield
Unitrin, Inc. (NYSE: UTR) announced today that its Board of Directors has declared a quarterly dividend of $0.22 per share, $0.88 annualized. The dividend is payable on November 29, 2010 to its shareholders of record as of November 12, 2010. The ex-dividend date is November 10, 2010. Yield on the dividend is 3.7%.... more
W. R. Berkley (WRB) Declares $0.07 Quarterly Dividend; 1.0% Yield
W. R. Berkley Corporation (NYSE: WRB) announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 7 cents per share, 28 cents per share annualized. The dividend will be payable on December 22, 2010 to stockholders of record at the close of business on December 6, 2010. The ex-dividend date is December 6, 2010. The yield is 1.0%... more
Cardinal Health (CaH) Declares $0.195 Quarterly Dividend; 2.2% Yield
Cardinal Health, Inc. (CAH) Board declares a regular quarterly dividend of $0.195 per share, $0.78 annualized. The dividend is payable January 15, 2011, to shareholders of record on January 1, 2011. The ex-dividend date is December 30, 2010. Yield on the dividend is 2.2%.... more
Dividend Champions: Smackdown VI
In previous installments of the Smackdown series, I screened the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years (which can be found here) using fundamental factors that are important to dividend-oriented investors. But buying a stock at a reasonable valuation is an important part of the equation, as emphasized in a recent article by Chuck Carnevale. So I thought I'd start this Smackdown with a column that I recently added to the Champions spreadsheet, the percent below the 52-week high. Admittedly, this is more of a technical factor, but it's useful for highlighting stocks that are not overpriced...or at least, not as overpriced as they had been. (As always, it's also important to screen for other positive qualities before choosing any... more
Windstream (WIN) Declares $0.25 Quarterly Dividend; 7.8% Yield
Windstream Corp.'s (Nasdaq: WIN) board of directors today declared regular quarterly dividends on the company's common stock of $0.25 per common share, $1.00 annualized. The dividend is payable January 18, 2011, to stockholders of record as of December 31, 2010. The ex-dividend date is December 29, 2010. Yield on the dividend is 7.8%.... more
AmTrust (AFSI) Increases Quarterly Dividend 14% to $0.08; Yields 2.1%
AmTrust Financial Services, Inc. (Nasdaq: AFSI) today announced that its Board of Directors approved a quarterly dividend of $0.08. The dividend is a 14% increase over the current rate of $0.07. The dividend will be payable on January 18, 2011 to shareholders of record as of January 3, 2011. The ex-dividend date is December 30, 2010. Yield on the dividend is 2.1%.... more
Domtar Corp. (UFS) Declares $0.25 Quarterly Dividend; 1.3% Yield
Domtar Corporation (NYSE: UFS) declares a quarterly dividend of $0.25 per common share, $1.00 annualized. The dividend is payable on January 17, 2011 to stockholders of record on December 15, 2010. The ex-dividend date is December 13, 2010. Yield on the dividend is 1.3%.... more
Clifton Savings Bancorp (CSBK) Declares $0.06 Quarterly Dividend; 2.8% Yield
Clifton Savings Bancorp, Inc. (Nasdaq: CSBK), the parent company of Clifton Savings Bank, today announced that the Company will pay a quarterly cash dividend of $0.06 per share, $0.24 annualized. The dividend will be payable on December 3, 2010 to shareholders of record on November 19, 2010. The ex-dividend date is November 17, 2010. Yield on the dividend is 2.8%.... more
Koppers (KOP) Declares $0.88 Quarterly Dividend; 3.1% Yield
Koppers Holdings Inc. (NYSE: KOP) announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.22 per common share, $0.88 annualized. The dividend is payable January 7, 2011 to stockholders of record as of the close of business on November 15, 2010. The ex-dividend date is November 11, 2010. The yield is 3.1%... more