Daily dividend news for investors in dividend stocks

National Grid: Utility Stock at Great Value With Big Dividend

National Grid (NGG) is a gas utility, which is based in the United Kingdom but also offers electricity in the northeastern United States. Its shares were cut in half, reduced from a high of $65 in 2007 to $30 in early 2009. The shares are now trading at only $38.30, with recent volume indicating that money is flowing into the name. As for the fundamentals, the shares trade 8.9X earnings, 3X book value, and 8.4X cash value ($3B+ cash on hand). Among all gas utilities, National Grid has the top Return on Equity (ROE) and one of the top operating margins. National Grid offers a 7.62% dividend yield in an industry known for a safe haven investment, but ranks highest among the gas utilities in terms of yield.... more

SeekingAlphaStock symbol(s): NGG

Camden National Corp. (CNC) Declares $0.25 Quarterly Dividend; 3.6% Yield

Camden National Corporation (Nasdaq: CAC) announced today that the Board of Directors of the Company declared a $0.25 per share dividend, or $1.00 annualized. The dividend is payable on July 30, 2010 for shareholders of record on July 16, 2010. The ex-dividend date is July 14, 2010. Yield on the dividend is 3.6%.... more

StreetInsiderStock symbol(s): CAC

Jinpan Int'l (JST) Sets Payment Date for Second Part of Annual Dividend

Jinpan International Ltd. (Nasdaq: JST) today announced the date in which the Company will pay the second portion of its annual dividend payment. In January 2010, the Company announced an annual dividend of $0.14 per common share, half of which was payable to shareholders in February 2010. The second half, or $0.07, of this annual dividend payment will be payable on July 20, 2010 to shareholders of record as of July 8, 2010. The ex-dividend date is July 6, 2010. Yield on the dividend is 1%. The dividend is a 17% increase over the prior annual dividend of $0.12.... more

StreetInsiderStock symbol(s): JST

6 Dividend Divas

With uncertainty surrounding the durability of the economic recovery and the impact of the European debt crisis on the U.S., volatility is back in full force. Given the uncertainty and, thus, volatility, it's important to have dependable income streams from dividend-paying stocks to steady your portfolio. Stocks such as Cellcom Israel (NYSE: CEL) and Verizon Communications, which yield 11.8% and 6.7%, respectively, can give you a more stable return in a volatile market.... more

The Motley FoolStock symbol(s): CEL,VZ,NHI,OHI,RDS-A,SCCO

SPY: Taking Shareholder Money via Dividend Float

When companies declare a dividend, they choose the amount per share, the date the stock will go ex-dividend, and the date payment will be made to shareholders of record. If you hold that stock directly in your account, you know when to expect payment. The process is relatively straightforward. Investors got spoiled by the mutual fund industry. The default option for mutual funds is to have dividends automatically reinvested. Whatever day your mutual fund goes ex-dividend, the total amount of the dividend is used to purchase additional shares at the end of the day. The time lag between ex-dividend and payment received and reinvested is reduced to a minimum.... more

SeekingAlphaStock symbol(s): IVV,SPY

Malvern Federal (MLVF) Declares $0.03 Quarterly Dividend; 1.4% Yield

Malvern Federal Bancorp, Inc. (Nasdaq: MLVF) announced today that its Board of Directors declared a cash dividend of $0.03 per share on the common stock of the Company, or $0.12 annualized. The dividend is payable on July 22, 2010 to the shareholders of record at the close of business on June 30, 2010. The ex-dividend date is June 28, 2010. Yield on the dividend is 1.4%.... more

StreetInsiderStock symbol(s): MLVF

MeadWestvaco (MWV) Declares $0.23 Quarterly Dividend; 4.1% Yield

MeadWestvaco Corporation’s (NYSE: MWV) Board of Directors today declared a regular quarterly dividend of $0.23 cents per common share, or $0.92 annualized. The payment of the dividend will be made on September 1, 2010, to shareholders of record at the close of business on August 2, 2010. The ex-dividend date is July 29, 2010. Yield on the dividend is 4.1%.... more

StreetInsiderStock symbol(s): MWV

Lubrizol (LZ) Declares $0.36 Quarterly Dividend; 1.8% Yield

The Lubrizol Corporation (NYSE: LZ), the board declared a regular quarterly dividend of $0.36 per share, or $1.44 annualized. The dividend is payable September 10, 2010, to holders of record at the close of business on August 10, 2010. The ex-dividend date is August 6, 2010. Yield on the dividend is 1.8%.... more

StreetInsiderStock symbol(s): LZ

Leggett & Platt: A Dividend Aristocrat for the Believers

Leggett & Platt (LEG) is a diversified company that manufactures: Components for bedding & residential furniture, Carpet underlay, Components for office furniture, Drawn steel wire, Auto seat support and lumbar systems, Bedding industry machinery. The longer term record has 2 segments. From the early 1980's, the stock increased to the high 20's by 1998. Since then it's been on a bumpy road, mostly sideways in the 20's. However, compared to other big name companies, such as Microsoft (MSFT - Dow stock), that performance is not so bad!... more

SeekingAlphaStock symbol(s): LEG

4 Dividend Stocks Showing You the Money

Last year may have been a year of dividend slashing, but there are now more and more companies committed to sending more money out to their shareholders in 2010. Readers of the Motley Fool Income Investor newsletter can certainly appreciate that kind of thinking. Let's take a closer look at some of the companies that inched their payouts higher this past week.... more

The Motley FoolStock symbol(s): BBY,MDT,FCX,PETM