Automatic Data Processing: Dividend Stock Analysis
Automatic Data Processing, Inc. (ADP) provides technology-based outsourcing solutions to employers, and vehicle retailers and manufacturers. It operates in three segments: Employer Services, Professional Employer Organization Services, and Dealer Services. This Dividend Aristocrat has raised dividends for 35 consecutive years. Back in November 2009 Automatic Data Processing announced a 3% dividend increase.Over the past decade this dividend stock has delivered an average total return of 1.20% annually. In 2007 ADP spun off its Brokerage Services business, distributing one share of Broadridge Financial (BR) common stock for every four shares of ADP common stock held by shareholders. The total returns calculation for ADP over the past decade includes this transaction.The company has managed... more
Dividend Payouts: Which Sectors Are Best?
ETF investors looking for income are not finding it in Treasury bonds. That’s part of the reason dividend ETFs are so appealing right now. But not every sector is handing them out in equal measure. Nilus Mattive for Money and Markets has found a few dividend trends in the midst of the second-quarter earnings season:... more
Illinois Tool Works (ITW) Increases Quarterly Dividend 10% to $0.34; Yields 3%
Illinois Tool Works Inc. (NYSE: ITW) today declared a regular quarterly cash dividend of $0.34 per share or $1.36 per share on an annual basis. As a result of the Company's strong free operating cash flow, the quarterly increase of 3 cents per share 12 cents per share annually represents a 10 percent increase over the current dividend rate. The newly-increased dividend will be paid on Wednesday, October 13, 2010 to stockholders of record on Thursday, September 30, 2010. The ex-dividend date is September 28, 2010. Yield on the dividend is 3%.... more
Chemed Corp. (CHE) Increases Quarterly Dividend 16.7% to $0.14; Yields 1.1%
Chemed Corporation (NYSE: CHE) announced today that the Board of Directors has declared a quarterly cash dividend of $0.14 per share, $0.56 annualized. The dividend is payable on September 7, 2010, to shareholders of record as of August 16, 2010. The ex-dividend date is August 12, 2010. Yield on the dividend is 1.1%.... more
CMS Energy (CMS) Announces 40% Dividend Increase; Reduces EPS Growth Projection; Reaffirms FY10 EPS Outlook
CMS Energy (NYSE: CMS) announced today, that effective with the dividend payable November 30, 2010, it will increase its quarterly common stock dividend to $0.21 per share, up from $0.15 per share. This increase moves up the company's typical practice of raising its dividend in January, and was made at this time to coincide with an adjustment to its five-year plan. The company plans to reduce its investments by about $1 billion over the next five years, which will moderate future rate increases to its customers. The company still expects to invest more than $6 billion over the next five years in the operations of its Michigan electric and natural gas utility, Consumers Energy, and it remains one of the largest investors in the state of Michigan. Consistent with the change in its... more
Harleysville Group (HGIC) Increases Quarterly Dividend 11% to $0.36; Yields 4.7%
Harleysville Group Inc. (Nasdaq: HGIC) today increased the company's regular quarterly cash dividend by 11 percent to $0.36 per share from $0.325 per share, or to an annualized $1.44 per share from $1.30 per share. The dividend is payable September 30, 2010, to shareholders of record on September 15, 2010. The ex-dividend date is September 13, 2010. Yield on the dividend is 4.7%.... more
Temple-Inland (TIN) Declares $0.11 Quarterly Dividend; 2.3% Yield
Temple-Inland Inc. (NYSE: TIN) today declared a regular quarterly dividend of $0.11 per common share, $0.44 annualized. The dividend is payable September 15, 2010, to shareholders of record September 1, 2010. The ex-dividend date is August 30, 2010. Yield on the dividend is 2.3%.... more
Ritchie Bros. Auctioneers (RBA) Reports Q2 Adj-EPS of $0.24, Beats by 1c; Raises Qtr. Dividend to $0.105/Share
Ritchie Bros. Auctioneers, Inc. (NYSE: RBA) reports Q2 EPS of $0.24, ex-items, 1 cent better than the analyst estimate of $0.23. Revenue for the quarter was $103.3 million, which compares to the estimate of $104.06 million. Raises its quarterly dividend from $0.10 to $0.105 per common share.... more
Ingersoll-Rand (IR) Declares $0.07 Quarterly Dividend; 0.7% Yield
Ingersoll-Rand plc (NYSE: IR) declared a quarterly dividend of $0.07 cents per ordinary share, $0.28 annualized. The dividend is payable September 30, 2010, to shareowners of record on September 14, 2010. The ex-dividend date is September 10, 2010. Yield on the dividend is 0.7%.... more
Nordic American Tanker (NAT) Declares $0.60 Quarterly Dividend; 8.2% Yield
Nordic American Tanker Shipping Ltd. (NYSE: NAT) today announced that the dividend for 2Q10 was $0.60 per share, $2.40 annualized. The Company will pay the dividend on or about September 2, 2010, to shareholders of record as of August 20, 2010. The ex-dividend date is August 18, 2010. Yield on the dividend is 8.2%.... more