ADTRAN (ADTN) Posts Q3 EPS of $0.50, Tops by 6c; Declares $0.09 Quarterly Dividend; 1% Yield
ADTRAN (Nasdaq: ADTN) reports Q3 EPS of $0.50, 6 cents better than the analyst estimate of $0.44. Revenue for the quarter was $162.96 million, which compares to the estimate of $155.93 million. The Company also announced that its Board of Directors declared a cash dividend for the third quarter of 2010. The quarterly cash dividend is $0.09 per common share, %0.36 annualized. The dividend is to be paid to holders of record at the close of business on October 28, 2010. The ex-dividend date is October 26, 2010 and the payment date is November 11, 2010. Yield on the dividend is 1.0%.... more
Paychex (PAYX) Declares $0.31 Quarterly Dividend; 4.6% Yield
Paychex, Inc. (Nasdaq: PAYX) declared a regular quarterly dividend of $0.31 per share, $1.24 annualized. The dividend is payable November 15, 2010 to shareholders of record November 1, 2010. The ex-dividend date is October 28, 2010. Yield on the dividend is 4.6%.... more
A High-Yield Danger: Sector Overload
There are lots of good reasons to favor dividend-paying stocks, including their strong history of outperforming non-payers. That said, focusing only on fat dividends can be risky. And even if you seek robust dividends in attractive companies, you might end up overconcentrated in one or a few sectors, making your portfolio more vulnerable to the market's sudden mood swings. To demonstrate, I screened on Motley Fool CAPS for the highest-yielding large-cap stocks with market caps greater than $10 billion. See if you notice anything interesting about the eight top-yielding companies:... more
Healthcare Services Group (HCSG) Reports Inline Q3 EPS of 21c; Raises Qtr. Dividend by 1%; Announces 3-for-2 Stock Split
Healthcare Services Group (Nasdaq: HCSG) reports Q3 EPS of $0.21, inline with the analyst estimate of $0.21. Revenue for the quarter was $195.1 million, which compares to the estimate of $197.64 million. Raises its quarterly dividend from 23c to 23.25c per common share. The company also announced a 3-for-2 stock split.... more
Procter & Gamble (PG) Declares $0.4818 Quarterly Dividend; 3.1% Yield
The Procter & Gamble Company (NYSE: PG) declared that a quarterly dividend of $0.4818 per common share, $1.9272 annualized. The dividend is payable on or after November 15, 2010 to Common Stock shareholders of record at the close of business on October 22, 2010. The ex-dividend date is October 20, 2010. Yield on the dividend is 3.1%.... more
Core Lab (CLB) Declares $0.06 Quarterly Dividend; 0.3% Yield
Core Laboratories N.V. (NYSE: CLB) has announced a quarterly cash dividend equal to $0.06 per share of common stock, $0.24 annualized. The quarterly cash dividend will be payable on November 24, 2010 to shareholders of record on October 22, 2010. The ex-dividend date is October 20, 2010. Yield on the dividend is 0.3%.... more
Bladex (BLX) Increases Quarterly Cash Dividend to $0.17 Per Share
Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) (NYSE: BLX) approved a quarterly cash dividend of US$0.17 per share corresponding to the third quarter of 2010. During its meeting on October 12, 2010, the Bank's Board of Directors reaffirmed its commitment to a dividend policy that reflects the Bank's growing core business. In line with this policy, the quarterly common dividend was increased from $0.15 to $0.17 per share. The cash dividend is payable on November 1, 2010 to stockholders registered as of October 22, 2010.... more
Goodrich (GR) Bumps Dividend Up By 7%
Goodrich Corporation (NYSE: GR) has approved a 7% increase in the company's quarterly dividend to 29 cents per share from the current level of 27 cents per share on its common stock. The dividend is payable December 30, 2010 to shareholders of record as of December 1, 2010.... more
Carpenter Technology (CRS) Declares $0.18 Quarterly Dividend; 2.1% Yield
Carpenter Technology Corporation (NYSE: CRS) declared a quarterly cash dividend of $0.18 per common share, $0.72 annualized. The dividend is payable December 2, 2010, to shareholders of record on October 26, 2010. The ex-dividend date is October 22, 2010. Yield on the dividend is 2.1%.... more
Banner Corp. (BANR) Declares $0.01 Quarterly Dividend; 2.3% Yield
Banner Corporation (Nasdaq: BANR) declared a regular quarterly cash dividend of $0.01 per share, $0.04 annualized. The dividend is payable October 29, 2010, to common shareholders of record on October 22, 2010, with an ex-dividend date of October 20, 2010. Yield on the dividend is 2.3%.... more