Dividend-News

Daily dividend news for investors in dividend stocks


PetSmart (PETM) Declares $0.125 Quarterly Dividend; 1.6% Yield; Announces $400M Stock Buyback


PetSmart, Inc. (Nasdaq: PETM), the leader in pet specialty retail, announced the Board of Directors' approval to increase its quarterly dividend by 25% from $0.10 to $0.125 per share beginning in the second quarter of fiscal 2010. The Board of Directors also authorized a new $400 million share purchase program that expires in January 2012. This will replace the $350 million program approved by the Board in June 2009, including the $103 million that remained available under that program. The dividend of $0.125 will be paid on August 13, 2010 to stockholders of record at the close of business on July 30, 2010. This is equivalent to an annual rate of $0.50 per share. The ex-dividend date is July 28, 2010. Yield on the dividend is 1.6%.... more


StreetInsiderStock symbol(s): PETM

Invesco Mortgage (IVR) Declares $0.74 Quarterly Dividend; 14% Yield

Invesco Mortgage Capital Inc. (NYSE: IVR) declared a dividend of $0.74 per share, or $2.96 annualized. The dividend is a 5% reduction from the previous dividend.
The dividend will be paid on July 27, 2010, to shareholders of record on June 30, 2010. The ex-dividend date is June 28, 2010. Yield on the dividend is 14%.... more


StreetInsiderStock symbol(s): IVR

Lincare's (LNCR) Board Approves Start of Quarterly Cash Dividends

Lincare Holdings Inc. (Nasdaq: LNCR) has approved the initiation of a quarterly cash dividend payable at an annual rate of $0.80 per share of common stock outstanding. The first quarterly dividend of $0.20 per share will be paid on July 29, 2010 to stockholders of record as of July 15, 2010. The ex-dividend date for the quarterly dividend is July 13, 2010. John P. Byrnes, Lincare's Chief Executive Officer, said, "The announcement today of the initiation of a cash dividend reflects our confidence in the Company's long-term growth opportunities and financial strength. We are pleased to have the financial flexibility to continue investing in our business while also returning a portion of our profits to our shareholders through this dividend." Mr. Byrnes added, "In addition to the... more


StreetInsiderStock symbol(s): LNCR

Eli Lilly (LLY) Declares $0.49 Quarterly Dividend; 5.7% Yield

Eli Lilly and Company (NYSE: LLY) today declared a dividend for the third quarter of 2010 of $0.49 a share on outstanding common stock, or $1.96 annualized. The dividend is payable September 10, 2010 to shareholders of record at the close of business on August 13, 2010. The ex-dividend date is August 11, 2010. Yield on the dividend is 5.7%.... more


StreetInsiderStock symbol(s): LLY

Dynamic Materials (BOOM) Declares $0.04 Quarterly Dividend; 1% Yield

Dynamic Materials Corporation (Nasdaq: BOOM) today announced that its board of directors has declared a regular quarterly cash dividend of $0.04 per share, or $0.16 annualized. The dividend is payable on July 15, 2010, to shareholders of record as of June 30, 2010. The ex-dividend date is June 28, 2010. Yield on the dividend is 1%.... more


StreetInsiderStock symbol(s): BOOM

Jefferies Group (JEF) Declares $0.075 Quarterly Dividend; 1.3% Yield

Jefferies Group, Inc. (NYSE: JEF) announced today that, on June 21, 2010, its Board of Directors declared a quarterly dividend of $0.075 per share, or $0.30 annualized. The dividend is payable on August 16, 2010 to stockholders of record on July 15, 2010. The ex-dividend date is July 13, 2010. Yield on the dividend is 1.3%.... more


StreetInsiderStock symbol(s): JEF

IBERIABANK (IBKC) Declares $0.34 Quarterly Dividend; 2.5% Yield

IBERIABANK Corporation (Nasdaq: IBKC) announced the declaration of a quarterly cash dividend of $0.34 per share, or $1.36 annualized. The dividend is payable on July 23, 2010 to shareholders of record as of July 2, 2010. The ex-dividend date is June 30, 2010. Yield on the dividend is 2.5%.... more


StreetInsiderStock symbol(s): IBKC

Duke Energy (DUK) Raises Quarterly Dividend by $0.005 Per Share

Duke Energy (NYSE: DUK) declared a quarterly cash dividend on its common stock of $0.245 per share, an increase of a half-cent over the previous level. The dividend is payable on Sept. 16, 2010, to shareholders of record at the close of business Aug. 13, 2010. "The dividend increase announced today is consistent with our previously stated objective to continue growing the dividend but at a slower rate than the long-term growth in our adjusted-diluted earnings per share," said James E. Rogers, chairman, president and CEO. "During this period of significant reinvestment in the business, our board has recognized the importance of delivering returns to our investors while maintaining the strength of our balance sheet." [SM]... more


StreetInsiderStock symbol(s): DUK

Hatteras Financial (HTS) Approves $1.10 Per Share Q2 Dividend

The Board of Directors of Hatteras Financial Corp. (HTS) declared a quarterly dividend of $1.10 per common share for the second quarter of 2010. The dividend will be paid on July 23, 2010, to stockholders of record on July 2, 2010, with an ex-dividend date of June 30, 2010. “We are pleased to declare a $1.10 per share dividend this quarter,” said Michael R. Hough, the Chief Executive Officer of Hatteras. “Although down slightly from the previous quarter, we believe this quarterly dividend level is appropriate given our outlook for the remainder of 2010 and reflects the expected impact of the one-time Fannie and Freddie buyback program and the timing of the reinvestment of the proceeds. Going forward, the operating environment continues to be attractive in light of... more


StreetInsider

Polo Ralph Lauren (RL) Declares $0.10 Quarterly Dividend; 0.5% Yield

Polo Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.10 per share, or $0.40 annualized. The dividend is payable on July 16, 2010 to shareholders of record at the close of business on July 2, 2010. The ex-dividend date is June 30, 2010. Yield on the dividend is 0.5%.... more


StreetInsiderStock symbol(s): RL