Mosaic (MOS) Declares $0.05 Quarterly Dividend; 0.4% Yield

The Mosaic Company (NYSE: MOS) announced today that its Board of Directors declared a quarterly dividend of $0.05 per share, $0.20 annualized. The dividend will be paid on August 19, 2010 to stockholders of record as of the close of business on August 6, 2010. The ex-dividend date is August 4, 2010. Yield on the dividend is 0.4%.... more

Old National Bancorp (ONB) Posts Q2 EPS of $0.12, Tops by 2c; Declares $0.07 Quarterly Dividend; 2.6% Yield

Old National Bancorp (NYSE: ONB) reports Q2 EPS of $0.12, 2 cents better than the analyst estimate of $0.11. Old National Bancorp's Board of Directors also declared a common stock dividend of $0.07 per common share, or $0.28 annualized. The dividend is payable September 15, 2010, to shareholders of record September 1, 2010. For purposes of broker trading, the ex-date of the cash dividend is August 30, 2010. Yield on the dividend is 2.6%.... more

XL Group (XL) Declares $0.10 Quarterly Dividend; 2.3% Yield

XL Group plc (NYSE: XL) announced today that its Board of Directors has declared a quarterly dividend of $0.10 per ordinary share, $0.40 annualized. The dividend will be payable on September 30, 2010 to ordinary shareholders of record as of September 15, 2010. The ex-dividend date is September 13, 2010. Yield on the dividend is 2.3%.... more

Northwest Bancshares (NWBI) Posts Q2 EPS of $0.15, Tops by 2c; Declares $0.10 Quarterly Dividend; 3.4% Yield

Northwest Bancshares, Inc. (Nasdaq: NWBI) reports Q2 EPS of $0.15, 2 cents better than the analyst estimate of $0.13. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share, $0.40 annualized. The dividend is payable on August 17, 2010, to shareholders of record as of August 5, 2010. The ex-dividend date is August 3, 2010. Yield on the dividend is 3.4%.... more

GE Raises Dividend, 15 More Companies Follow Suit

General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Back in 2009, General Electric cut dividends by 68% to 10 cents/share. Investors, who just a few months earlier were reassured by the company’s CEO that the dividend is safe, rushed to the exits, sending the stock price to its lowest levels in a decade. The company halted its stock buyback program, and issued shares to the public. Legendary Investor Warren Buffett also made an investment in the conglomerate, by putting several billion in exchange for preferred stock yielding 10%. Almost one and half years after the dividend was cut, the company raised its quarterly dividend 20% to 12 cents/share on Friday. The news sent the stock over 3% higher for the day. Whether the company can... more

Introducing the Dividend Pretenders

In compiling the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years, I long ago added a tab of companies that I called Contenders, which have increased their payouts for 15-24 years. The hope is that those companies will replenish the Champions roster as they increase their streaks. In a recent post, I mentioned that I have been gathering information on several dozen “pre-Contenders” (Pretenders?) that have increased their dividends for at least a dozen years, and many of those companies can be expected to replenish the ranks of the Contenders. That group has now been added as a tab to the Champions spreadsheet (and will first appear in the July 30 update) and are listed below.Much like the Champions and Contenders, the Pretenders... more

A Cheap Internet Stock With High Dividend Yield

Since the 1990s, internet stocks have been perceived as high growth companies. Outside of the well-known internet stocks like Google (GOOG), Amazon (AMZN) and Yahoo (YHOO), many investors still perceive internet stocks as just high flyers with little to no earnings. However, many companies within the internet space have tremendous earnings power and many are now returning some of that cash back to their investors.In February, Expedia (EXPE) initiated a quarterly dividend program. TheStreet.com (TSCM) and Marchex (MCHX) also pay investors a quarterly dividend, but the yields are generally quite small.... more

GE Increases Dividend Earlier Than Expected

Well General Electric (GE), who cut their dividend from C$0.31 per share to C$0.10 per share in early 2009, has now boosted their payout to C$0.12 per share. This 20% increase brings their dividend back to levels last visited in before the turn of the century. Yes, GE shareholders including myself are partying like it's 1999. This increase came earlier than expected as GE had mentioned that they were looking to a dividend hike in 2011. They also announced an extension of their share repurchase program as they are sitting on loads of cash. I'll take a dividend increase any way that I can get one and I remain confident in GE's future. I especially like their involvement with alternative energy and developing market infrastructure. Their high weighting in financial services really hurt them... more

18 Companies on Dividend Death Watch

I recently wrote that “One nice thing about compiling the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) is that I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, we can say with some confidence that they are likely to do so again.” The flip side of that coin is that I also get to see which companies are in danger of being deleted because they have gone too long without an increase. Although companies can remain on the list even without an increase in the current year (as long as the total dividends exceed what was paid in the prior year), the... more

3 Undervalued Foreign High Dividend Stocks

If you're looking for undervalued foreign dividend stocks with good growth prospects, our latest screen might interest you. We screened for attractive valuation metrics, such as, low Price/Free Cash Flow and PEG ratios, and high future EPS. We also screened for attractive ROE, ROI, ROA ratios, dividend stocks with a dividend yield above 5%, and low debt. This screen returned 2 Asian dividend paying stocks and 1 Latin American Telecom dividend stock, all of which are now in our High Dividend Stocks by Sector tables:· City Telecom HK (CTEL): Provides integrated telecommunications services in Hong Kong via its own self-built fiber network. CTEL has a subsidiary, Hong Kong Broadband Network Limited (HKBN), that’s the fastest growing broadband service provider in Hong Kong. HKBN... more