Daily dividend news for investors in dividend stocks

General Mills (GIS) Raises Qtr. Dividend to $0.28/Share; Authorizes 100M Share Buyback

General Mills (NYSE: GIS) raises its quarterly dividend from $0.245 to $0.28 per common share. Announces a 100 million share buyback.... more

StreetInsiderStock symbol(s): GIS

General Mills (GIS) Increases Quarterly Dividend 17% to $0.28; Yields 3%; Authorizes 100 Common Buyback

The General Mills (NYSE: GIS) Board of Directors today declared an increase in the quarterly dividend rate to $0.28 per share, payable Aug. 2, 2010, to shareholders of record July 12, 2010. The ex-dividend date is July 8, 2010. The new annualized dividend rate of $1.12 per share represents a 17% increase over dividends of $0.96 per share paid in fiscal 2010. Yield on the dividend is 3%. Strong and growing cash dividends are an important component of General Mills' total return to our shareholders, said Chairman and Chief Executive Officer Ken Powell. The dividend increase announced today is a reflection of our company's robust financial condition and excellent future growth prospects. General Mills (NYSE: GIS) and its predecessor firm have now paid shareholder dividends without... more

StreetInsiderStock symbol(s): GIS

Washington Federal (WFSL) Approves $0.05 Per Share Quarterly Cash Dividend - Annual Yield 1.17%

Washington Federal, Inc. (Nasdaq: WAFD) announced a quarterly cash dividend of 5 cents per share. The dividend will be payable July 23, 2010 to common stockholders of record on July 9, 2010. This will be Washington Federal's 110th consecutive quarterly cash dividend.
Washington Federal operates 160 offices in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New Mexico. Established in 1917, the Company provides residential real estate loans, commercial real estate financing, consumer deposit accounts and business banking.... more

StreetInsiderStock symbol(s): WAFD

From Dividend Saplings to Abundant Fruit Tree Yields

Dividends are like fruit and an investment in stock is much like purchasing a sapling. When purchasing a stock (sapling) the goal is two-fold: 1) Buy a sapling (tree) that is expected to bear a lot of fruit; and 2) Pay a cheap or fair price. If the right saplings are purchased at the right prices, then investors can enjoy a steady diet of fruit that has the potential of producing more fruit each year. Fruit can come in the form of future profits, but as we will see, the sweetness of a profitable company also paying dividends can prove much more fruitful over the long-term. Investing in growth equities at reasonable prices seems like a pretty intelligent strategy, but of late the vast majority of fresh investor capital has been piling into bonds. This is not a flawed plan for retirees (and... more

SeekingAlphaStock symbol(s): AXP,BP,BUD,KO,PG,WFC,WMT

United Security Bancshares (UBFO) Declares 1% Stock Dividend

United Security Bancshares (Nasdaq: UBFO) declared a 3rd quarter 2010 stock dividend of one percent (1%) on June 22, 2010. The stock dividend will be paid to shareholders of record on July 9, 2010 and the dividend shares will be issued on July 21, 2010. The ex-dividend date is July 7, 2010.... more

StreetInsiderStock symbol(s): UBFO

Ingles Markets (IMKTA) Declares $0.165 Quarterly Dividend; 4.2% Yield

Ingles Markets, Incorporated (Nasdaq: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable July 22, 2010, to all shareholders of record on July 8, 2010. The ex-dividend date is July 6, 2010. Yield on the Class A dividend is 4.2%.... more

StreetInsiderStock symbol(s): IMKTA

Vicor Corp. (VICR) Declares $0.30 Quarterly Dividend

Vicor Corporation (Nasdaq: VICR) announced that its Board of Directors has approved a cash dividend of $0.30 per share of the Company's stock. The dividend is payable on July 30, 2010 to shareholders of record at the close of business on July 16, 2010. The ex-dividend date is July 14, 2010.... more

StreetInsiderStock symbol(s): VICR

IDEX Corp. (IEX) Declares $0.15 Quarterly Dividend; 2% Yield

IDEX Corporation (NYSE: IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.15 per common share, or $0.60 annualized. The next dividend will be paid July 30, 2010 to shareholders of record as of July 15, 2010. The ex-dividend date is July 13, 2010. Yield on the dividend is 2%.... more

StreetInsiderStock symbol(s): IEX

Divining the Future According to Dividends

Can we draw a single graph that captures exactly what investors have been seeing since the middle of last year when they look ahead at the prospects for the U.S. economy? Our chart below shows how the S&P 500's trailing year dividends per share have been projected to change into the future since 14 July 2009 for each quarter where we have dividend futures data available:... more

SeekingAlphaStock symbol(s): SPY

Best Buy Raises Dividend on Strong Cash Flow

Best Buy Company Inc. (BBY), the leading specialty retailer of consumer electronic products, recently boosted its quarterly dividend by 7.1%. The board has approved an increase in annual dividend to 60 cents (or 15 cents quarterly) from 56 cents a share (or 14 cents quarterly). The increased dividend will be paid on October 26, 2010 to stockholders of record as on October 5, 2010. The company initiated its regular quarterly dividend in fiscal 2004. The last paid quarterly dividend of 14 cents represented an increase of 8% year-on-year. Best Buy’s current annualized dividend yield of 1.6% is higher than that of the Industry’s, which stands at 1.4%. The dividend hike is primarily supported by Best Buy’s strong balance sheet and its ability to generate a healthy cash flow. The... more

SeekingAlphaStock symbol(s): BBY