Citizens South Banking (CSBC) Cuts Cash Dividend; Approves 5% Stock Dividend
Citizens South Banking Corporation (Nasdaq: CSBC) has declared a cash dividend of one cent ($0.01) per common share. This is a reduction of three cents ($0.03) per share paid in the prior quarter. In addition, the Board of Directors approved a special stock dividend of five percent (5.0%). The dividends will be payable to stockholders of record as of November 1, 2010, and will be distributed on November 15, 2010.... more
Eli Lilly (LLY) Declares $0.49 Quarterly Dividend; 5.2% Yield
Eli Lilly and Company (NYSE: LLY) today declared a dividend for the fourth quarter of 2010 of $0.49 a share on outstanding common stock, $1.96 annualized. The dividend is payable December 10, 2010 to shareholders of record at the close of business on November 15, 2010. The ex-dividend date is November 13, 2010. Yield on the dividend is 5.2%.... more
MicroFinancial (MFI) Declares $0.05 Quarterly Dividend; 5.1% Yield
MicroFinancial Incorporated (Nasdaq: MFI) announced today that the Board of Directors of MicroFinancial Incorporated declared a cash dividend of $0.05 per common share, $0.20 annualized. The dividend is payable on November 15, 2010, to holders of record of MFI common stock at the close of business on November 1, 2010. The ex-dividend date is October 28, 2010. Yield on the dividend is 5.1%.... more
Universal Forest Products (UFPI) Declares $0.20 Quarterly Dividend; 2.6% Yield
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced that its board of directors approved a semiannual dividend payment of $0.20 per share, $.80 annualized. The dividend is payable on December 15, 2010, to shareholders of record on December 1, 2010. The ex-dividend date is November 29, 2010. Yield on the dividend is 2.6%.... more
TCF Financial (TCB) Declares $0.05 Quarterly Dividend; 1.3% Yield
TCF Financial Corporation (NYSE: TCB) has declared a quarterly cash dividend of $0.05 per common share, $0.20 annualized. The dividend is payable November 30, 2010 to stockholders of record at the close of business on October 29, 2010. The ex-dividend date is October 27, 2010. Yield on the dividend is 1.3%.... more
Sonoco (SON) Declares $0.28 Quarterly Dividend; 3.2% Yield
Sonoco (NYSE: SON) today declared a $0.28 per share quarterly common stock dividend, $1.12 annualized. The dividend will be payable on December 10, 2010, to shareholders of record as of November 19, 2010. The ex-dividend date is November 17, 2010. Yield on the dividend is 3.2%.... more
T. Rowe Price (TROW) Declares $0.27 Quarterly Dividend;
T. Rowe Price Group, Inc. (Nasdaq: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.27 per share, $1.08 annualized. The dividend is payable December 28, 2010 to stockholders of record as of the close of business on December 14, 2010. The ex-dividend date is December 10, 2010. Yield on the dividend is 2.1%.... more
Southern Co. (SO) Declares $0.455 Quarterly Dividend; 4.8% Yield
Southern Company (NYSE: SO) today announced a regular quarterly dividend of $0.455 per share, $1.82 annualized. The dividend is payable Dec. 6, 2010, to shareholders of record Nov. 1, 2010. The ex-dividend date is October 28, 2010. Yield on the dividend is 4.8%.... more
Rayonier (RYN) Increases Quarterly Dividend 8% to $0.54; Yields 4.3%
Rayonier (NYSE: RYN) announced today that its board of directors voted to increase the company’s regular quarterly cash dividend by $0.04 per common share, or 8%, from $0.50 per share to $0.54, $2.16 annualized. The fourth quarter dividend is payable December 31, 2010, to shareholders of record on December 10, 2010. The ex-dividend date is December 8, 2010. Yield on the dividend is 4.3%.... more
7 Stocks for Your College Savings
Every year, families scrape and claw in order to come up with the vast amount of money that they need in order to send their children to college. Saving for higher education is arguably one of the most stressful and demanding tasks that parents have to undertake, and unfortunately, more and more people are making enormous mistakes along the way. The decline of the 529 plan529 plans are similar to IRAs, in that they offer tax-deferred growth on your investments. Money inside the 529 doesn't get taxed while it grows over the years. Eventually, when you withdraw the money to pay for your children's education, the income all those investments has generated won't get taxed, either -- a tremendous benefit for any family that has been prudently saving during their children's lifetime.... more