Dividend-News

Daily dividend news for investors in dividend stocks


Sunoco (SUN) Declares $0.15 Quarterly Dividend; 1.8% Yield


Sunoco, Inc.’s (NYSE: SUN) Board of Directors today declared a cash dividend for the third quarter of 2010 of $0.15 per share, or $0.60 annualized. The dividend is payable September 10, 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 1.8%.... more


StreetInsiderStock symbol(s): SUN

Wilshire Bancorp (WIBC) Expects Q2 Loss; Suspends Dividend

Wilshire Bancorp, Inc. (WIBC) expects to record a net loss for the second quarter of 2010. The net loss is primarily attributable to an elevated provision for loan losses and an increase in net loan charge-offs. Net loan charge-offs increased in the second quarter of 2010 due to write-downs that resulted from sales of non-performing and delinquent loans.
In light of the net loss expected for the second quarter of 2010 and the expectation that credit costs will remain elevated for the foreseeable future, the Board of Directors of Wilshire Bancorp approved the temporary suspension of the Company’s common stock dividend, effective immediately.
Wilshire Bancorp expects to report its financial results for the second quarter of 2010 on July 27, 2010.... more


StreetInsider

Wilshire Bancorp (WIBC) Expects Q2 Net Loss, To Temporary Suspend Dividend

Wilshire Bancorp, Inc. (WIBC), the holding company for Wilshire State Bank, announced today that it expects to record a net loss for the second quarter of 2010. The net loss is primarily attributable to an elevated provision for loanlosses and an increase in net loan charge-offs. Net loan charge-offs increased in the second quarter of 2010 due to write-downs that resulted from sales of non-performing and delinquent loans.
In light of the net loss expected for the second quarter of 2010 and the expectation that credit costs will remain elevated for the foreseeable future, the Board of Directors of Wilshire Bancorp approved the temporary suspension of the Company’s common stock dividend, effective immediately.
Wilshire Bancorp expects to report its financial results for the... more


StreetInsider

Alamo Group (ALG) Declares $0.06 Quarterly Dividend; 1.1% Yield

Alamo Group Inc. (NYSE: ALG) announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, or $0.24 annualized. The dividend is payable July 30, 2010, to shareholders of record at the close of business on July 15, 2010. The ex-dividend date is July 13, 2010. Yield on the dividend is 1.1%.... more


StreetInsiderStock symbol(s): ALG

Sovran Self Storage (SSS) Declares $0.45 Quarterly Dividend; 5.3% Yield

Sovran Self Storage, Inc. (NYSE:SSS) announced today the Company’s quarterly dividend of $0.45 per share of common stock, or $1.80 annualized. The dividend will be paid on July 26, 2010 to Shareholders of record on July 12, 2010. The ex-dividend date is July 8, 2010. Yield on the dividend is 5.3%.... more


StreetInsiderStock symbol(s): SSS

Celanese (CE) Boosts Qtr. Dividend to $0.05/Share, Yielding 0.82%

Celanese (NYSE: CE) raises its quarterly dividend from $0.04 to $0.05 per common share, payable on August 2 to shareholders of record on July 15. The ex-dividend is July 13. The dividend yield moves from 0.65% to 0.82%.... more


StreetInsiderStock symbol(s): CE

Government Properties Income Trust (GOV) Increases Quarterly Dividend

Government Properties Income Trust (NYSE: GOV) has raised its quarterly common share distribution to $0.41 per share ($1.64 per share per year). GOV completed its initial public offering, or IPO, in June 2009 and it has paid dividends at the rate of $0.40 per share per quarter ($1.60 per share per year) since its IPO. This distribution of $0.41 per share will be paid to GOV's common shareholders of record as of the close of business on July 16, 2010 and distributed on or about August 16, 2010. Government Properties Income Trust is a real estate investment trust, or REIT, which owns properties leased primarily to the U.S. Government and state governments located throughout the United States.... more


StreetInsiderStock symbol(s): GOV

Wal-Mart: Dividend Stock Analysis 2010

Summary Walmart (WMT), among the largest companies in the world, appears to be a good option for placement consideration in a dividend growth portfolio., Four year average revenue growth: 7%, Four year average earnings growth: 6% (with EPS growth of 8%), Four year average cash flow growth: 10%, Moderate debt levels, a 2.35% dividend yield, and significant share repurchases, The stock currently has a P/E of about 13.5, which is a pretty good deal on this type of company.. How to Read My Stock Analysis Reports Overview Everyone knows Walmart. Founded in Arkansas in 1962 by Sam Walton, Walmart is now one of the largest companies in the world, with revenue of over $400 billion and with more than 2 million employees. They have stores under a variety of brands in 15 countries around the world.... more


SeekingAlphaStock symbol(s): WMT

7 Dividend Stocks Getting Slammed

The recent market correction certainly doesn't make investors feel great when viewing their portfolio's, but it does offer an opportunity nonetheless. Contrarian investors should utilize times like this to differentiate between stocks that are dropping for fundamentally sound reasons -- and those stocks that are simply being dragged down because of general market concerns. Sure, there's plenty to worry about -- gigantic federal deficits, sovereign debt problems in Europe, an economic slowdown in China. But let's not forget that in the midst of all of this volatility lies the prospect to grab some great companies at dirt cheap prices.... more


The Motley Fool

UMH Properties (UMH) Declares $0.18 Quarterly Dividend; 7.1% Yield

UMH Properties, Inc. (AMEX: UMH) declared a quarterly cash dividend of $0.18 per share, or $0.72 annualized. The dividend is payable September 15, 2010 to shareholders of record at the close of business August 16, 2010. The ex-divided date is August 12, 2010. Yield on the dividend is 7.1%.... more


StreetInsiderStock symbol(s): UMH