Dividend Reinvestment Plans: The Case for DRIPs

Is it worth enrolling your shares in a Dividend Reinvestment Plan (DRIP)? Experts in the marketplace appear to strongly endorse these plans. After various banking, sovereign, and other financial crises, the widespread endorsement may cause one to worry. Many websites are dedicated to the topic, or have articles and blogs which propose that the average investor will benefit from DRIPs. I have found it difficult to find a well-researched article which challenges this “universal truth". Therefore, let us explore how DRIPs may, or may not work, for the investor.What is a Dividend Reinvestment Plan (DRIP)? According to Wikipedia,A dividend reinvestment program or dividend reinvestment plan (DRIP) is an equity investment option offered directly from the underlying company. The investor does... more

QEP Resources (QEP) Declares $0.02 Quarterly Dividend; 0.2% Yield

QEP Resources (NYSE: QEP) announced today that its Board of Directors approved a dividend of $0.02 per share, $0.08 annualized. The dividend is payable September 13, 2010, to shareholders of record on August 20, 2010. The ex-dividend date is August 18, 2010. Yield on the dividend is 0.2%.... more

The Ryland Group (RYL) Declares $0.03 Quarterly Dividend; 0.7% Yield

The Ryland Group, Inc. (RYL), has declared a third-quarter dividend of $0.03 per share, $0.12 annualized.
The dividend is payable on October 29, 2010, to common stock shareholders of record on October 15, 2010. The ex-dividend date is October 13, 2010. Yield on the dividend is 0.7%.... more

Eagle Materials (EXP) Declares $0.10 Quarterly Dividend; 1.6% Yield

Eagle Materials Inc. (NYSE: EXP) has declared a quarterly cash dividend of $0.10 per share, $0.40 annualized. The dividend is payable on November 5, 2010 to stockholders of record of its Common Stock at the close of business on October 5, 2010. The ex-dividend date is October 1, 2010. Yield on the dividend is 1.6%.... more

Wendy's/Arby's (WEN) Declares $0.015 Quarterly Dividend; 1.4% Yield

Wendy's/Arby's Group, Inc. (NYSE: WEN), the parent company of Wendy's International, Inc. and Arby's Restaurant Group, Inc., announced the declaration of its regular quarterly cash dividend of $0.015 per share, $0.06 annualized. The dividend is payable on September 15, 2010 to Wendy's/Arby's Group, Inc. stockholders of record as of September 1, 2010. The ex-dividend date is August 30, 2010. Yield on the dividend is 1.4%.... more

24 Dividend Paying Companies Confident in the Economy

Management typically evaluates short and mid-term economic and business conditions when they decide on allocation of limited resources. Cash is one such resource, which could either be reinvested back in the business, or returned to shareholders. Companies typically achieve some optimal balance in allocating cash flows from earnings between owners and the business. It is interesting to note than when management expects rosy business conditions in the next two to three years, dividends have a higher chance of getting raised. Back in 2007 and 2008 when the economic picture was particularly gloomy, the boards of directors of many companies cut dividends in anticipation of financial Armageddon. With assistance from the US Government this Armageddon has been averted. While the economic... more

Nalco (NLC) Declares $0.035 Quarterly Dividend; 0.6% Yield

Nalco (NYSE: NLC) has declared a quarterly cash dividend payment of $0.035 per share, $0.14 annualized. The dividend is payable on October 4, 2010, to shareholders of record on September 15, 2010. The ex-dividend date is September 13, 2010. Yield on the dividend is 0.6%.... more

DDi Corp. (DDIC) Declares $0.06 Quarterly Dividend; 2.5% Yield

DDi Corp. (Nasdaq: DDIC) announced today that its Board of Directors has declared a quarterly dividend of $0.06 per share of common stock, $0.24 annualized. The dividend will be paid on September 30, 2010 to shareholders of record as of September 15, 2010. The ex-dividend date is September 13, 2010. Yield on the dividend is 2.5%.... more

Automatic Data Processing (ADP) Declares $0.34 Quarterly Dividend; 3.3% Yield

Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $0.34 per share, $1.36 annualized. The dividend is payable October 1, 2010 to shareholders of record on September 10, 2010. The ex-dividend date is September 8, 2010. Yield on the dividend is 3.3%.... more

Houston Wire & Cable (HWCC) Declares $0.085 Quarterly Dividend; 3.1% Yield

Houston Wire & Cable Company (Nasdaq: HWCC) today declared a cash dividend of $0.085 per common share, $0.34 annualized. The dividend is payable August 27, 2010, to shareholders of record of Common Stock at the close of business on August 16, 2010. The ex-dividend date is August 12, 2010. Yield on the dividend is 3.1%.... more