Posts Tagged ‘dividend payment’

Why I Sold Cisco Systems

Cisco could be facing several quarters of lackluster performance. In all likelihood their stock price will fall much lower before the company’s performance stabilizes.

Citigroup Officially Reinstates Dividend

Citigroup announced today that the company will officially reinstate their quarterly dividend at $.01 per share in June.

Big Blue Raises Dividend 15%

Over the past 8 years, IBM has increased their dividend by 400%.

Humana Initiates Quarterly Dividend Program

Humana announced today that the company will initiate a quarterly dividend program in July.

Amgen Announces First Dividend Ever

Amgen announced today that the company will pay their first dividend ever in the second quarter of 2011.

Hudson City Bancorp Announces Dividend Cut

Hudson City Bancorp announced today that the company will cut their quarterly dividend by 47% to $.08 per share.

Southern Gives Shareholders a Dividend Increase for a 10th Straight Year

This marks the 10th straight year that the utility stock has given their shareholders a dividend increase.

PNC Financial Moves to Restore Dividend

This announcement of a 250% dividend increase by PNC is a step in the right direction towards restoring their dividend that once paid out $.66 per share every quarter.

Another Dividend Increase for International Paper

International Paper announced today that the company was giving another dividend increase to their shareholders.

Big Dividend Increase from JP Morgan

The dividend increase has been a long time in coming, but will lift the current dividend yield on JPM stock to 2.2%.

Cisco Initiates Dividend Payment As Promised

Cisco Systems announced yesterday that the company will initiate a quarterly dividend payment of $.06 per share beginning in April.

Forecasting a Viacom Dividend Increase

Since announcing their initial dividend payment last June, Viacom shares have climbed over 45% and now yield only 1.1%. However, investors could see a larger dividend payout beginning this summer.

Walmart Rolls Out Big Dividend Increase As Stock Price Treads Water

Wal-Mart Stores announced yesterday that the company will increase their quarterly dividend by 21% to $.365 per share. Walmart’s dividend yield has taken on greater importance in recent years as their stock price has lagged the broader market indices.

Kohl’s Initiates First Dividend Ever

Kohl’s announced yesterday that the company will initiate a quarterly dividend program for the first time ever at $.25 per share.

WellPoint Initiates Dividend Program

Health insurance stocks are starting to feel more confident about their cash flows and are finally paying reasonable dividends to their shareholders.

Pitney Bowes Is Becoming an Exciting Dividend Stock

According to Jim Cramer, Pitney Bowes is transitioning from a good dividend stock and is fast becoming an exciting dividend stock.

The 3M Dividend Story Rolls On

Today’s dividend announcement marks the 53rd consecutive year that 3M has increased their dividend payment.

Aetna Will Finally Start Paying a Meaningful Dividend

Aetna announced on Friday that the company is significantly increasing their dividend and moving from a nominal annual dividend to a quarterly payment cycle.

Hershey Dividend Keeps Getting Sweeter

This will be the chocolate maker’s 325th consecutive quarterly dividend payment.

Mattel Moves To Quarterly Dividend Payments

Mattel is increasing their dividend by 11% and moves to quarterly dividend payments.

Small Cap Cherokee Cutting Dividend in Half

The company’s rationale for the dividend cut is to better focus on the company’s brands and to enable Cherokee to execute on its growth strategy.

Will BP Reinstate Their Dividend Next Week?

Investors are speculating whether BP will reinstate their dividend next week when they report their fourth quarter earnings results.

Family Dollar Stores Hikes Dividend for 35th Consecutive Year

Family Dollar Stores announced yesterday that the company is increasing their quarterly dividend by 16% to $18 per share.

Polaris Raises Dividend for 16th Consecutive Year

Polaris Industries announced yesterday that the company is increasing their quarterly dividend by 13% to $.45 per share.

ElDorado Gold Raising Dividend and 2011 Outlook

ElDorado Gold announced today that the company will double their dividend payment to C$0.10.

Dominion Increasing Dividend and Dividend Payout Ratio

Dominion announced today that the utility stock will increase their quarterly dividend by 8% to $.4925 per share and their dividend payout ratio to 60 - 65%.

Chevron Hits 52-Week High

Since the beginning of 2010, CVX shares have gained nearly 15% and have outpaced the 9.6% gain in the Dow Jones index.

Honeywell Raises Dividend 10%

Honeywell announced yesterday that the company is raising their annual dividend rate by 10% to $1.33 per share.

Reynolds American Raises Dividend Payout Target

Reynolds American announced today that the company is increasing their dividend payout target from 75% to 80% of net income.

Steve Jobs Gives Himself A 14% Pay Raise

Steve Jobs dividend income from his Disney stock is increasing 14% to a cool $55 million.

Walt Disney Increases Dividend for 55th Consecutive Year

Walt Disney Company announced today that the company is increasing their annual dividend by 14% to $.40 per share.

Yamana Gold Raises Dividend for 3rd Time This Year

With this dividend announcement, Yamana Gold will have increased their annual dividend payment by 200% over 2009.

CSX Dividend Chugs Higher

This announcement marks the eighth time in the past five years that CSX has increased their dividend payment.

Nordson Increases Dividend for 47th Consecutive Year

This marks the 47th consecutive year that Nordson has increased their dividend payment.

BP Could Restore Dividend in February

One of BP’s largest shareholders, Newton Higher Income Fund, believes that BP is committed to restoring their dividend.

Why Dividends Are Better Than Stock Buybacks

One question that we do hear quite frequently from investors is why are dividends better than stock buybacks?

The Biggest Dividend Stories of 2010

At the midpoint of this year it seems a good opportunity to review the biggest dividend stories of 2010.

Cash Flow: The Key to Dividend Stocks

If there is only one factor that you use to evaluate dividend stocks, it should be their cash flow and specifically their free cash flow.

Best Buy Raises Dividend by a Penny

The penny increase in the dividend payment will lift BBY’s current yield to 1.6% based on yesterday’s closing price.

10 Stocks Initiating Dividends in 2010

Here is a look at the 10 stocks initiating dividends in 2010.

BP Officially Suspends Dividend

As expected, BP announced today that the company will officially suspend their quarterly dividend in the wake of the Gulf oil spill disaster.

When to Buy BP Stock?

It was only 18 months ago that JP Morgan, Bank of America and even General Electric were in similar situations.

BP Questions, Rumors, Speculation and Predictions

For weeks now, questions, rumors, speculation and predictions have been swirling about BP.

BP Shares Fall As Dividend Cut Appears Imminent

BP shares plunged nearly 16% today as investors dumped the stock since a dividend cut appears imminent.

Target Dividend Jumps 47%

Target announced today that the retailer is increasing its quarterly dividend by 47% to $.25 per share.

Viacom Initiates Attractive Dividend Payment

Income investors are sure to take notice of Viacom now that the stock offers a higher dividend yield than other consumer media stocks like Disney or News Corp.

Goldman Sachs Warns That BP Will Likely Cut Dividend

Goldman Sachs analyst, Michelle della Vigna, believes that the increasing cost of damages and reduced earnings outlook will impact BP’s dividend.

Fitch Ratings Believes BP Dividend Is Safe

Fitch Ratings believes that BP's dividend is safe despite the widespread speculation of an imminent dividend cut.

How Safe Is BP’s Dividend?

While fundamentally BP can continue to service their annual $10.4 billion dividend payment, politically it may become impossible to maintain.

Northrop Grumman Increases Quarterly Dividend

This marks the 7th consecutive year that Northrop Grumman has increased their dividend payment.

Dr Pepper Snapple Gets Serious About Dividends

The impressive dividend hike shows that Dr. Pepper Snapple is getting serious about dividends.

Clorox Hikes Dividend for 33rd Consecutive Year

The dividend increase marks the 33rd consecutive year that Clorox has increased their annual dividend payout – dating back to 1977.

Nordstrom Focuses On Dividend

Nordstrom, Inc announced yesterday that the company will increase their dividend by 25%.

The Safest Canadian Dividend Stock

One of our favorite Canadian dividend plays is the Bank of Montreal, which we view as the safest Canadian dividend stock.

Sonoco Inches Dividend Higher for 28th Consecutive Year

Sonoco announced today that their Board of Directors approved a 4% increase in their quarterly dividend.

Brinker Increases Dividend By 27%

The positive dividend announcement follows yesterday’s announcement that Brinker will be selling their On The Border restaurants for an undisclosed amount.

Investors Will Have To Keep Waiting for GE to Increase Their Dividend

Dividend investors have reason to cheer as GE’s CFO indicated that the company plans to begin growing their dividend again, but not until 2011.

Pepsi Hikes Dividend, But Still Chasing Coke

Pepsi increased their dividend by 7%, but their dividend yield is still below Coca Cola's 3.3% yield.

Financial Stocks Restricted From Increasing Their Dividend

We likely will not see any dividend increases from financial stocks until at least the second half of this year and probably not until 2011.

Eli Lilly Maintains Quarterly Dividend

Eli Lilly’s board of directors have approved a quarterly dividend of $.49 per share.

Walgreens Declares Dividend For 306th Consecutive Quarter

Walgreens announced today that they are paying a quarterly dividend for the 306th consecutive quarter.

United Technologies Keeps Dividend Steady

United Technologies announced today that they are maintaining their quarterly dividend at $.385 per share.

Sony Reduces Planned Dividend

Sony announced today that they are reducing their dividend by 15%.

Capital One Puts $500 Million Back In Its Wallet

Capital One is cutting its quarterly dividend by 87% to save the company $500 million.

Wells Fargo Makes Difficult Decision To Cut Dividend

Wells Fargo makes the difficult, but necessary decision to reduce their quarterly dividend by 85% to $.05 per share.

Home Depot Pays Dividend For 88th Consecutive Quarter

Home Depot announced a quarter dividend of $.225 per share and appears well positioned to maintain their dividend in 2009.

Gannett Slashes Dividend By 90%

Gannett Co. is slashing their quarterly dividend by 90%. The new dividend payment will be $.04 per share, down from $.40 per share. The dividend will be payable on April 1, 2009 to shareholders of record as of March 6, 2009.

BB&T Increase Dividend Payment For 37th Consecutive Year

BB&T Corp announced they are increasing their quarterly dividend payment from $.46 per share to $.47 per share. The dividend will be payable on May 1, 2009 to shareholders of record as of April 10, 2009.

Allstate Cuts Dividend 51%

Allstate Corp announced they are slashing their dividend from $.41 per share to $.20 per share. The dividend will be payable on April 1 to shareholders of record as of March 13.

New York Times Axes Dividend

The New York Times Company announced that they are suspending their dividend payment in an effort to conserve cash.
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