Bank of South Carolina (BKSC) Declares $0.10 Quarterly Dividend; 3.7% Yield
Bank of South Carolina Corporation, (Nasdaq: BKSC) the parent Company for The Bank of South Carolina, declared a $0.10 per share quarterly dividend, $0.40 annualized. The dividend is payable October 29, 2010 to shareholders of record as of October 8, 2010. The ex-dividend date is October 6, 2010. Yield on the dividend is 3.7%.... more
McDonald's (MCD) Increases Their Quarterly Dividend 11% to $0.61, Yields 3.3%
McDonald's (NYSE: MCD) Board of Directors raises its quarterly cash dividend by 11% from $0.55 to $0.61 per share of common stock, $2.44 annualized. The dividend is payable on December 15, 2010 to shareholders of record at the close of business on December 1, 2010. The ex-dividend date is November 29, 2010. Yield on the dividend is 3.3%.... more
Covidien (COV) Raises Qtr. Dividend by 11% to 20c/Share, Yielding 2.04%
Covidien (NYSE: COV) raises its quarterly dividend by 11% from 18c to 20c per common share, payable on Nov. 8 to shareholders of record on Oct. 4. The ex-dividend date is Sept. 30. The dividend yield moves from 1.84% to 2.04%.... more
AMB Property (AMB) Declares $0.28 Quarterly Dividend; 4.4% Yield
AMB Property Corporation (NYSE: AMB) declared a regular cash dividend for the quarter ending September 30, 2010 of $0.28 per common share, $1.12 annualized. The dividend will be payable on October 15, 2010 to common stockholders of record at the close of business on October 5, 2010. The ex-dividend date is October 1, 2010. Yield on the dividend is 4.4%.... more
Western Union (WU) Declares $0.06 Qiarterly Dividend; 1.4% Yield
The Western Union Company (NYSE: WU) announced today that its board of directors declared a quarterly cash dividend of $0.06 per common share, $0.24 annualized. The dividend is payable October 14, 2010 to shareholders of record at the close of business on October 4, 2010. The ex-dividend date is September 30, 2010. Yield on the dividend is 1.4%.... more
McDonald's (MCD) Juices Dividend
McDonald's Corp. (NYSE: MCD) announced Thursday that it is raising its quarterly dividend, as the company has done every year since it paid its first dividend in 1976. The world’s largest fast food hamburger chain said that it will boost its quarterly dividend 11 percent to 61 cents, and will be equivalent to $2.44 per share annually. The new dividend yield will be 3.3 percent. "With today's announced dividend increase, we expect the 2010 total cash returned to shareholders to be approximately $5 billion, split between dividends and share repurchases," McDonald's Chief Executive Officer Jim Skinner said. The dividend will be paid on December 15 to shareholders of record on December 1, while the new dividend payout will be approximately $650 million in the fourth... more
Dynamic Materials Corp (BOOM) Declares $0.04 Quarterly Dividend; 1.1% Yield
Dynamic Materials Corporation (Nasdaq: BOOM) has declared a regular quarterly cash dividend of $0.04 per share, $0.16 annualized. The dividend is payable on October 15, 2010, to shareholders of record as of September 30, 2010. The ex-dividend date is September 28, 2010. Yield on the dividend is 1.1%.... more
Clorox Company: Consistent Growth, Above Average Dividend Yield, Attractive Valuation
The Clorox Company (CLX) announced the sale of their auto care business yesterday in an all cash transaction with gross proceeds of approximately $780 million. Clorox announced that they anticipate using the net proceeds from the sale to repurchase shares of Clorox common stock over the remainder of this current fiscal year. They indicated that the goal of this transaction was to reshape their portfolio to better align it to exploit key consumer megatrends such as health and wellness and sustainability. With this transaction, Clorox Company is divesting itself of all of their global auto care business which includes the market-leading brands Armor All and STP. Avista Capital Partners, the buyer, will acquire two auto care manufacturing facilities in addition to worldwide rights to... more
Methode Electronics (MEI) Declares $0.07 Quarterly Dividend; 3.2% Yield
Methode Electronics, Inc. (NYSE: MEI) has declared a quarterly dividend of $0.07 per share, $0.28 annualized. The dividend is to be paid on October 29, 2010, to common stockholders of record at the close of business on October 15, 2010. The ex-dividend date is October 13, 2010. Yield on the dividend is 3.2%.... more
Dividend ETFs: Betting on an 'Appreciation of Income' Trend
It’s often said that, “the markets hate uncertainty.” Yet the markets haven’t the foggiest notion of how dividends will be taxed in 2011. Granted, President Obama as well as Tim Geithner have both said that they’d like to see capital gains and dividend income taxes go up from 15% to 20%. The markets have already priced in this seeming eventuality.... more