WGL Holdings (WGL) Declares $0.3775 Quarterly Dividend; 4% Yield
WGL Holdings, Inc. (NYSE: WGL) today declared a regular quarterly dividend of $0.3775 per share of common stock, $1.51 annualized. The quarterly dividend is payable November 1, 2010, to shareholders of record as of October 8, 2010. The ex-dividend date is October 6, 2010. Yield on the dividend is 4.0%. /premium_content.php... more
Quaker Chemical (KWR) Declares $0.235 Quarterly Dividend; 2.8% Yield
Quaker Chemical Corporation (NYSE: KWR) today declared a quarterly dividend of $0.235 per share, $0.94 annualized. The dividend is payable on October 29, 2010, to shareholders of record at the close of business on October 15, 2010. The ex-dividend date is October 13, 2010. Yield on the dividend is 2.8%. /premium_content.php... more
CSX (CSX) Raises Qtr. Dividend by 8% to 26c/Share, Yielding 1.86%
CSX (NYSE: CSX) raises its quarterly dividend by about 8% from 24c to 26c per common share, payable on December 15 to shareholders of record on November 30. The ex-dividend date is Nov. 26. The dividend yield moves from 1.70% to 1.86%.... more
Newcastle Investment (NCT) Cancels Q3 Dividend
Newcastle Investment Corp. (NYSE: NCT) has elected not to pay a common stock or preferred stock dividend for Q310. Instead, Newcastle has decided to retain capital for liquidity, investment and working capital purposes.... more
Stewart Enterprises (STEI) Declares $0.03 Quarterly Dividend; 2.3% Yield
Stewart Enterprises, Inc. (Nasdaq: STEI) reported today that its Board of Directors has declared a quarterly cash dividend of $0.03 per share, $0.12 annualized. The dividend is payable on October 28, 2010 to holders of record as of the close of business on October 14, 2010. The ex-dividend date is October 12, 2010. Yield on the dividend is 2.3%.... more
Steelcase (SCS) Declares $0.04 Quarterly Dividend; 1.9% Yield
Steelcase Inc. (NYSE: SCS) today declared a quarterly cash dividend of $0.04 per share, $0.16 annualzed. The dividend is to be paid on or before October 22, 2010 to shareholders of record as of October 8, 2010. The ex-dividend date is October 6, 2010. Yield on the dividend is 1.9%.... more
12 S&P 500 Dividend Payers Likely to Outperform
Still think a double-dip is possible? Are you worried that the current economic recovery will be slower and weaker than the current consensus? Looking for a smart hedge against the current market volatility? Normally during times of economic weakness or volatility, investors will seek “safe” investments (fixed income/bonds) to lower their risk and guarantee some type of return. Yet corporate bond yields have fallen to the lowest level in decades and the economy is showing no signs of a surging recovery any time soon. The Federal Reserve continues to show concern about the recovery and looks unlikely to raise rates any time soon, further dampening the prospect that cash yields for bonds will improve. So if the recovery is weak, and you don’t want to hold a bond with a poor yield... more
Freeport-McMoRan (FCX) Declares $0.30 Quarterly Dividend; 1.4% Yield
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.30 per share, $1.20 annualized. The dividend is payable on November 1, 2010 to holders of record as of October 15, 2010 for its common stock. The ex-dividend date is October 21, 2010. Yield on the dividend is 1.4%.... more
Nordic American Tanker (NAT) CEO Sends Letter to Shareholders; Significant Upside, Limited Downside in Current Market; Dividends to Continue
Nordic American Tanker Shipping Ltd. (NYSE: NAT) CEO Herbjorn Hansson sent the following letter to shareholders: "Dear Shareholder, I'd like to update you on our current business and financial position. Nordic American is in an excellent situation in a tanker market that has softened in this third quarter of 2010. Based on its strong balance sheet with no net debt and available liquidity reserves, Nordic American has a significant upside potential and a limited downside. As you know, our goal is to maximize total return to our shareholders. Total return is defined as the stock price plus dividends, assuming dividends are reinvested in the stock. From 1997 to mid September this year our total return was about 20% on an annualized basis. The major portion of this return was paid as... more
Chatham Lodging Trust (CLDT) Declares $0.175 Quarterly Dividend; 4% Yield
Chatham Lodging Trust (NYSE: CLDT) has declared a quarterly dividend of $0.175 per common share, $0.70 annualized. The common dividend is payable October 29, 2010, to shareholders of record on October 15, 2010. The ex-dividend date is October 13, 2010. Yield on the dividend is 4%.... more