Deluxe Corp. (DLX) Declares $0.25 Quarterly Dividend; 4.8% Yield

Deluxe Corporation (NYSE: DLX) declared a quarterly dividend of $0.25 per common share, $1.00 annualized. The dividend will be payable on September 7, 2010 to shareholders of record at the close of business on August 16, 2010. The ex-dividend date is August 12, 2010. Yield on the dividend is 4.8%.... more

Source Capital (SOR) Declares $0.60 Quarterly Dividend; 5.5% Yield

Source Capital, Inc. (NYSE: SOR) today declared a regular quarterly distribution of $0.60 a common share, $2.40 annualized. The dividend is payable September 15, 2010, to shareholders of record as of the close of business August 27, 2010. The ex-dividend date is August 25, 2010. Yield on the dividend is 5.5%.... more

ProLogis (PLD) Decalres $0.15 Quarterly Dividend; 5.3% Yield

ProLogis (NYSE: PLD) announced today that its Board declared ProLogis' third quarter dividend of $0.15 per common share, $0.60 annualized. The dividend is payable on August 31, 2010, to shareholders of record on August 16, 2010. The ex-dividend date is August 12, 2010. Yield on the dividend is 5.3%.... more

McDonald's and Coca Cola - A Tale of Two Dividend Aristocrats

McDonald's (MCD), a Dividend Aristocrat, has a lot of similarities with another one, Coca Cola (KO). They each have some of the best known brands in the world, so well known that it's unnecessary to explain what they do. Their final products provide quality food/drinks to the public at moderate prices. They are both global companies investing for major expansion in rapidly growing Asian, African and Latin American countries. Both have strong financials and are proud of annual dividends increases over the long term. In addition, each has a large position in treasury stock, equivalent to a major company. The franchise concept at McDonald's is similar to the bottler system at Coca Cola. MCD began its first restaurant, as we know it, in 1955 and has grown to more than 32,000 restaurants with... more

Dividend Champions Smackdown III: Low Prices

In previous installments of the Smackdown series, I screened the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years (which can be found here) starting with companies whose latest increase was by 10% or more (in June) and those with the highest yields (in July). This month, I decided to focus on companies with the lowest prices first, hoping to highlighted some undervalued stocks. We know that a stock's absolute price doesn't necessarily equate to “bargain” status, but it's also clear that lower-priced stocks do attract many investors (and traders), who provide some upside momentum. Naturally, it's important to screen for other positive qualities, especially if we are looking for stocks that can be accumulated over the long term. So I... more

PHB: PowerShares Changes Index Tracking on Its High-Yield ETF

Invesco PowerShares has announced a shift in its high-yield corporate bond ETF that could have a big impact. The PowerShares High Yield Corporate Bond Portfolio (PHB) has changed its underlying index and is now tracking the RAFI® High Yield Bond Index. It’s also been renamed the PowerShares Fundamental High Yield Corporate Bond Portfolio (PHB). The ticker will remain the same.... more

Mercury General (MCY) Posts Q2 Operating EPS of $0.65, Shy of Views; Declares $0.59 Quarterly Dividend; 5.5% Yield

Mercury General (NYSE: MCY) reports Q2 operating EPS of $0.65, cents better than the analyst estimate of $0.74. Revenue for the quarter was $631.11 million, which compares to the estimate of $673.73 million. The Board of Directors declared a quarterly dividend of $0.59 per share, $2.36 annualized. The dividend is to be paid on September 30, 2010 to shareholders of record on September 16, 2010. The ex-dividend date is September 14, 2010. Yield on the dividend is 5.5%.... more

United Online (UNTD) Declares $0.10 Quarterly Dividend; 6.3% Yield

United Online, Inc. (UNTD) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share, $0.40 annualized.
The dividend is payable on August 31, 2010 to shareholders of record on August 14, 2010. The ex-dividend date is August 12, 2010.
Yield on the dividend is 6.3%.... more

Cinemark Holdings (CNK) Declares $0.18 Quarterly Dividend; 4.9% Yield

Cinemark Holdings, Inc. (NYSE: CNK) announced today that its board of directors has declared a cash dividend for the second quarter of 2010 of $0.18 per share of common stock, $0.72 annualized. The dividend will be paid on September 1, 2010 to stockholders of record on August 17, 2010. The ex-dividend date is August 13, 2010. Yield on the dividend is 4.9%.... more

PetMed Express (PETS) Increases Quarterly Dividend 25% to $0.125; Yields 3.1%

PetMed Express, Inc. (Nasdaq: PETS) today announced that its Board of Directors declared a quarterly dividend of $0.125 per share on its common stock, compared to the $0.10 per share dividend that has been paid in prior quarters. The dividend will be payable on August 27, 2010, to shareholders of record at the close of business on August 13, 2010. The ex-dividend date is August 11, 2010 Yield on the dividend is 3.1%.... more