Dividend-News
Daily dividend news for investors in dividend stocks
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NBT Holdings Announces Initial Cash Dividend
NBT Holdings Inc. (OTC Markets: NBTH), a bank holding company and the parent company of Nashville Bank & Trust, announced today that its Board of Directors has authorized payment of an initial semi-annual dividend of $0.10 per common share to shareholders of record on June 3, 2013 and payable on June 28, 2013.... more
Published Wed, 15 May 2013 19:00:00 UT on BusinessWire
Stock symbol(s): NBTH
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Arctic Cat Reinstates Dividend
Following a five-year hiatus, snowmobile maker Arctic Cat (Nasdaq: ACAT) announced today the reinstatement of its regular dividend payment program, with the first payment of $0.10 per share to be made payable on June 14 to the holders of record at the close of business on May 31.
Arctic Cat last paid a dividend in 2008 ($0.07), but suspended the payout as the recession hit ATV, snowmobile, and recreational vehicle sales. The new dividend payment equates to a $0.40-per-share annual dividend yielding 0.8% based on the closing price of Arctic Cat's stock on May 14.
The company's board of directors also authorized a share repurchase program of up to $30 million of the company’s common stock.... more
Published Wed, 15 May 2013 18:36:00 on The Motley Fool
Stock symbol(s): ACAT
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NiSource Raises Dividend 4%
Midstage natural gas industry player NiSource (NYSE: NI) will pay a second-quarter dividend of $0.25 per share, a 4.2% increase over the rate it paid last quarter of $0.24 per share, the company announced yesterday.
The board of directors said the quarterly dividend is payable on Aug. 20 to the holders of record at the close of business on July 31. NiSource has paid a dividend every quarter since 1987. Last year the board indicated its intention to raise the dividend 3% to 5% annually.
NiSource President and CEORobert C. Skaggs Jr.said: "Supported by a nearly$30 billionlong-term project inventory, our infrastructure-focused strategy also is anticipated to deliver annual earnings growth of 5% to 7% -- underpinned by our commitment to investment-grade credit... more
Published Wed, 15 May 2013 18:42:00 on The Motley Fool
Stock symbol(s): NI
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Wabtec Hikes Dividend 60% and Splits Stocks 2-1
The board of directors of railroad products manufacturer Wabtec (NYSE: WAB) was busy yesterday, announcing it was increasing its quarterly dividend payment by 60% while simultaneously splitting the company's stock.
The board said it was raising the payout from $0.025 per share to $0.04 per share on Aug. 30 for shareholders of record as of Aug. 16. This marks the third consecutive year Wabtec has increased the dividend.
The stock split, which will be paid June 11 to shareholders of record June 3, would be a100% stock dividend and shareholders would receive one additional share of Wabtec's stock for each share they own on the record date. It expects the stock to begin trading at the split-adjusted price onJune 12.
The new dividend payment equates to a $0.16-per-share... more
Published Wed, 15 May 2013 18:46:00 on The Motley Fool
Stock symbol(s): WAB
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Penn West: Is A Dividend Cut Coming?
Penn West Exploration (PWE) has definitely seen better days. The stock has been hammered due to concerns about the safety of its dividend and lower realized energy prices. YTD, Penn West is down about 15% and down 70% from its 2008 highs. Penn West offers a $0.27 per share quarterly dividend and at current prices yields about 11.50%. On May 2, Penn West reported its Q1 2013 results. For the quarter, Penn West saw average production of 142,804 BOE/D, in line with its prior guidance of between 135,000 to 145,000 BOE/D, but down 15% from the 167,420 BOE/D reported for Q1 2012. About 51% of the production was light oil and NGLs, 11% heavy oil, and 38% natural gas. During the quarter, Penn West drilled 119 net new wells, of which 118 were oil wells and only 1 was natural gas. Penn West is... more
Published Wed, 15 May 2013 14:55:25 -0400 on SeekingAlpha
Stock symbol(s): PWE,PGH
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The 'Safe 8' Dividend Stocks To Hold The Rest Of Your Life
Have you ever heard the phrase "a picture is worth a thousand words"? Well, I'm going to put that notion to the test and demonstrate why I believe that Coca-Cola (KO), PepsiCo (PEP), Kellogg's (K), Kraft (KRFT), Mondelez (MDLZ), Unilever (UL), General Mills (GIS), and Nestle (NSRGY.PK) are the ideal stocks to make up 20-50% of your common stock portfolio. Take a good look at that picture. If you make these eight stocks the cornerstone of your investment portfolio, you will pretty much own every aisle at the grocery store. The appeal of these eight companies is that you can truly be a "buy-and-hold" investor with these kinds of companies because they do not share the attributes that typically cause other blue-chip companies to collapse. (1) First of all,... more
Published Wed, 15 May 2013 14:31:18 -0400 on SeekingAlpha
Stock symbol(s): BAC,GIS,IBM,K,KO,KRFT,MDLZ,NSRGY,PEP,UL
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LCNB Corp. Declares Second Quarter Dividend
LCNB Corp. (Nasdaq: LCNB) At their meeting Monday, May 13, 2013 the Directors of LCNB Corp. declared a Second Quarter dividend of $.16 per share on the company’s common stock. The dividend will be paid on June 17th to shareholders of record June 3, 2013.... more
Published Wed, 15 May 2013 17:58:00 UT on BusinessWire
Stock symbol(s): LCNB
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Republic Bancorp, Inc. Increases its Common Stock Cash Dividend for the 14th Consecutive Year
Republic Bancorp, Inc. (Nasdaq: RBCAA), parent company of Republic Bank & Trust Company and Republic Bank, today announced a 7% increase in the Company’s second quarter cash dividends. The cash dividend of $0.176 per share of Class A Common Stock and $0.16 per share on Class B Common Stock will be payable July 19, 2013 to shareholders of record as of June 21, 2013. The increased dividend results in an annualized dividend yield for the Class A Common stock of 3.20% based upon the closing price on May 14, 2013.... more
Published Wed, 15 May 2013 18:00:00 UT on BusinessWire
Stock symbol(s): RBCAA
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Comcast Declares Quarterly Dividend
Comcast Corporation (Nasdaq: CMCSA, CMCSK), a leading cable, entertainment and communications company, announced that its Board of Directors declared a quarterly dividend of $0.195 a share on the Company’s common stock. The quarterly dividend is payable on July 24, 2013 to shareholders of record as of the close of business on July 3, 2013.... more
Published Wed, 15 May 2013 17:19:00 UT on BusinessWire
Stock symbol(s): CMCSK
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Yum! Brands Inc. Declares Quarterly Dividend of $0.335 Per Share
Yum! Brands Inc. (NYSE: YUM) Board of Directors today declared a dividend of $0.335 per share of common stock. The quarterly dividend will be distributed August 2, 2013, to shareholders of record at the close of business on July 12, 2013. Since initiating a dividend in 2004, Yum! has increased its dividend at a double-digit percentage rate each of the past eight years, placing Yum! in a select group of companies from the S&P 500 to do so.... more
Published Wed, 15 May 2013 17:07:00 UT on BusinessWire
Stock symbol(s): YUM