Coca-Cola Bottling (COKE) Declares $0.25 Quarterly Dividend; 1.9% Yield
Coca-Cola Bottling Co. Consolidated (Nasdaq: COKE) today announced that the Board of Directors has declared a dividend for the Third Quarter of 2010 of $0.25 per common share, $1.00 annualized. The dividend is payable on August 20, 2010 to shareholders 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 1.9%.... more
Callaway Golf (ELY) Declares a $0.01 Quarterly Dividend; 0.6% Yield
Callaway Golf Company (NYSE: ELY) declared today a regular quarterly cash dividend of $0.01 per Common share, $0.04 annualized. The dividend is payable on September 15, 2010 to shareholders of record at the close of business on August 18, 2010. The ex-dividend date is August 16, 2010. Yield on the dividend is 0.6%.... more
Enbridge Energy Partners (EEP) Announces Increase in Dividend
Enbridge Energy Partners, L.P. (NYSE: EEP) declared a cash distribution of $1.0275 per unit payable August 13, 2010 to unitholders of record on August 5, 2010 (the ex-dividend date will be August 3, 2010). "We are also very pleased to announce a 2.5-cent distribution increase, which is 2.5 percent higher than the prior quarter and follows a 1.3 percent increase implemented last quarter. This distribution increase is supported by solid earnings, incremental cash flows generated from recently completed projects and attractive new business initiatives being developed that will provide further cash flow growth to the Partnership. The distribution increases approved this year positions the Partnership to achieve the 2 percent to 5 percent annual rate of distribution growth that Management... more
General Electric Boosts Dividend
General Electric says that it has raised its quarterly dividend from 10 cents per share to 12 cents per share. That's a 20% increase. This the first time the company has raised the dividend since last year, when it cut the quarterly payment to save cash. The reason for the hike? GE says the company is generating increased levels of cash and strong cash flow and that its GE Capital business is recovering. Besides that, the company was also optimistic about its industrial businesses for the first half of this year. Besides increasing the dividend, the company also says that it will extend its share buyback program, which was due to expire at the end of this year, to the end of 2013. As for the dividend, it is payable to shareholders of record as of the close of business on September... more
Another Dividend Cut for Diamond Offshore Drilling
Diamond Offshore Drilling Inc. (DO) reported weaker-than-expected second quarter 2010 earnings of $1.61 per share, compared with the Zacks Consensus Estimate of $1.75 and the year-ago profit of $2.79. Total revenue of $822.6 million decreased approximately 13% year over year and 5% from the Zacks Consensus Estimate, mainly due to lower utilization and day rates. Dividend Story... more
Cabot Oil & Gas (COG) Declares $0.03 Quarterly Dividend; 0.4% Yield
Cabot Oil & Gas Corporation (NYSE: COG) today announced that its Board of Directors declared a regular dividend of $0.03 per share, $0.12 annualized. The dividend will be paid August 19, 2010, to all shareholders of record as of the close of business August 5, 2010. The ex-dividend date is August 3, 2010. Yield on the dividend is 0.4%.... more
Bucyrus Int'l (BUCY) Declares $0.025 Quarterly Dividend; 0.2% Yield
Bucyrus International, Inc. (BUCY) has declared a quarterly dividend of $0.025 per common share, $0.10 annualized. The dividend is payable August 19, 2010 to stockholders of record on August 5, 2010. The ex-dividend date is August 3, 2010. Yield on the dividend is 0.2%.... more
Avery Dennison (AVY) Declares $0.20 Quarterly Dividend; 2.3% Yield
Avery Dennison Corporation (NYSE: AVY) has announced a quarterly cash dividend of $0.20 per share, $0.80 annualized. The dividend is payable September 15, 2010, to shareholders of record at the close of business on September 1, 2010. The ex-dividend date is August 30, 2010. Yield on the dividend is 2.3%.... more
Owens & Minor (OMI) Declares $0.177 Quarterly Dividend; 2.6% Yield
Owens & Minor (NYSE: OMI) today announced that its board of directors has approved the payment of the third quarter 2010 cash dividend in the amount of $0.177 per share, $0.708 annualized. The cash dividend is payable 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 2.6%.... more
A. O. Smith (AOS) Increases Quarterly Dividend 8% to $0.21; 1.6% Yield
A. O. Smith Corporation (NYSE: AOS) Board of Directors has approved an 8% increase in the company's quarterly cash dividend to a rate of $0.21 per share, $0.84 annualized. The dividend is payable on August 16, 2010, to shareholders of record July 30, 2010. The ex-dividend date is July 28, 2010. Yield on the dividend is 1.6%.... more