Dividend-News

Daily dividend news for investors in dividend stocks


Diebold, Inc. (DBD) Declares $0.27 Quarterly Dividend; 3.7% Yield


Diebold, Incorporated (NYSE: DBD) declared a third-quarter cash dividend of $0.27 per share on all common shares, $1.08 annualized. The dividend is payable on Friday, September 10, to shareholders of record at the close of business on Friday, August 20, 2010. The ex-dividend date is August 18, 2010. Yield on the dividend is 3.7%.... more


StreetInsiderStock symbol(s): DBD

Eastman Chemical (EMN) Declares $0.44 Quarterly Dividend; 2.8% Yield; Authorizes $300M Common Buyback

Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.44 per share on the company's common stock, $1.76 annualized. The dividend is payable October 1, 2010, to stockholders of record as of September 13, 2010. The ex-dividend date is September 9, 2010. Yield on the dividend is 2.8%. The Board of Directors also approved the repurchase of up to $300 million of Eastman common stock. “The quarterly dividend and new share repurchase authorization reflect the strong financial position of this company and demonstrate our ongoing commitment to returning cash to stockholders,” said Curt Espeland, senior vice president and chief financial officer. Current priorities for use of available cash are paying the dividend, funding targeted growth... more


StreetInsiderStock symbol(s): EMN

Weingarten Realty Investors (WRI) Posts Q2 FFO of $0.42, Tops by 1c; Declares $0.26 Quarterly Dividend; 4.8% Yield

Weingarten Realty Investors (NYSE: WRI) reports Q2 FFO of $0.42, 1 cent better than the analyst estimate of $0.41. Revenue for the quarter was $138.76 million, which compares to the estimate of $137.38 million. The Board of Trust Managers declared a common dividend of $0.26 per share during the second quarter of 2010, $1.04 annualized. The dividend is payable in cash on September 15, 2010 to shareholders of record on September 8, 2010. The ex-dividend date is September 6, 2010. Yield on the dividend is 4.8%.... more


StreetInsiderStock symbol(s): WRI

Microchip (MCHP) Posts Q1 adj.-EPS of $0.55, Tops by 4c; Guides Q2; Increases Quarterly Dividend to $0.34

Microchip, Inc. (Nasdaq: MCHP) reports Q1 adjusted EPS of $0.55, 4 cents better than the analyst estimate of $0.51. Revenue for the quarter was $320.8 million, which compares to the estimate of $319.28 million. Sees Q2 EPS of $0.58, versus the consensus of $0.52. Sees Q210 sales of $340 - $343 million, verusus $329 million consensus. Increases Quarterly dividend to $0.34.... more


StreetInsiderStock symbol(s): MCHP

Kimco Realty Corporation (KIM) Posts Q2 FFO of $0.31, Beats by 4c; Increases FY10 FFO Outlook; Declares $0.16 Quarterly Dividend; 4.2% Yield

Kimco Realty Corporation (NYSE: KIM) reports Q2 FFO of $0.31, 4 cents better than the analyst estimate of $0.27. Revenue for the quarter was $213.96 million, which compares to the estimate of $212.67 million. Increases FY10 FFO outlook to $1.14 - $1.18, compared to the consensus of $1.11. The Board of Directors declared a quarterly cash dividend of $0.16 per common share, $0.64 annualized. The dividend is payable on October 15, 2010 to shareholders of record on October 6, 2010, representing an ex-dividend date of October 1, 2010. The ex-dividend date is September 30, 2010. Yield on the dividend is 4.2%.... more


StreetInsiderStock symbol(s): KIM

Yamana Joins the Gold Parade, Boosts Dividend

It's been quite the month for shareholders of gold mining companies. On Wednesday, Yamana Gold Inc. (AUY) became the latest gold player to bump its dividend, increasing it by 33% over last quarter. The annualized payout is now 8 cents (U.S.) per share, or 2 cents a quarter. That’s a 100% increase, or doubling, over 2009’s four cent annual dividend.... more


SeekingAlphaStock symbol(s): ABX,AUY,KGC,NEM

Avoiding the Dividend ETF Trap

Dividend-paying stocks are often seen as being higher-quality and more stable than their non-dividend-paying stock counterparts. Thus, they can be viewed as the next step up on the risk/return spectrum from lower-risk bonds to higher-risk stocks. But there is a point at which dividend-paying stocks actually become more risky than the average stock. Earlier this summer, shares of BP offered a trailing 12-month dividend yield of 9%. But the market was correctly forecasting that this dividend would be cut. Another example is New Century Financial, a subprime mortgage REIT that offered a dividend yield of around 18% at the peak of the housing bubble. That dividend did not last long, as the firm filed for bankruptcy when the bubble burst. In this article, we take a look at the ways that... more


SeekingAlphaStock symbol(s): DLN,DTD,DVY,FVD,HYG,LQD,PEY,PFM,SDY,SPY,VIG,VYM

Olympic Steel (ZEUS) Posts Q2 EPS of $0.30, Short of Views; Declares $0.02 Quarterly Dividend; 0.3% Yield

Olympic Steel, Inc. (Nasdaq: ZEUS) reports Q2 EPS of $0.30, versus the analyst estimate of $0.46. Revenue for the quarter was $212.8 million, which compares to the estimate of $200.55 million. Olympic Steel's Board of Directors approved a regular quarterly cash dividend of $0.02 per share, $0.08 annualized. The dividend is to be paid to shareholders of record as of September 1, 2010, and distributed on September 15, 2010. The ex-dividend date is September 13, 2010. Yield on the dividend is 0.3%.... more


StreetInsiderStock symbol(s): ZEUS

Kinross Gold (KGC) Declares $0.05 Quarterly Dividend; 1.3% Yield

Kinross Gold Corporation (NYSE: KGC) announced today that the Board of Directors has declared a dividend of $0.05 per common share, $0.20 annualized. The dividend is payable on September 30, 2010 to shareholders of record at the close of business on August 31, 2010. The ex-dividend date is August 27, 2010. Yield on the dividend is 1.3%.... more


StreetInsiderStock symbol(s): KGC

Biovail Corp (BVF) Declares $0.095 Quarterly Dividend; 1.7% Yield

Biovail Corporation (NYSE: BVF) today announced that the Company’s Board of Directors has declared a quarterly cash dividend of $0.095 per share, $0.38 annualized. The dividend is payable on October 4, 2010 to shareholders of record at the close of business September 1, 2010. The ex-dividend date is August 30, 2010. Yield on the dividend is 1.7%.... more


StreetInsiderStock symbol(s): BVF