Dividend-News

Daily dividend news for investors in dividend stocks


China Mass Media (CMM) Declares Special Dividend


China Mass Media Corp. (NYSE: CMM) has announced that on May 22, 2010, the board of directors of the Company declared a special dividend of 71,637,500 additional ordinary shares of the Company, par value $0.001 per share, for the financial year ended December 31, 2009. The board of directors proposed that the special dividend be distributed in the form of HK Shares, as defined below, subject to the approval by an ordinary resolution of the shareholders of the Company at an extraordinary general meeting to be convened on July 19, 2010. For full details of the proposed stock dividend and the Company's extraordinary general meeting, please refer to the materials delivered by the Company's depositary bank for an explanation of how to claim the distribution. The Company has applied for the... more


StreetInsiderStock symbol(s): CMM

Best Buy (BBY) Raises Qtr. Dividend by 7% to $0.15/Share

Best Buy (NYSE: BBY) has just boosted its quarterly dividend by 7% from $0.14 to $0.15 per common share.... more


StreetInsiderStock symbol(s): BBY

Steelcase (SCS) Declares $0.04 Quarterly Dividend; 1.5% Yield

Steelcase Inc. (NYSE: SCS) today declared a quarterly cash dividend of $0.04 per share, or $0.12 annualized. The dividend is to be paid on or before July 21, 2010 to shareholders of record as of July 7, 2010. The ex-dividend date is July 5, 2010. Yield on the dividend is 1.5%.... more


StreetInsiderStock symbol(s): SCS

Apogee Enterprises (APOG) Declares $0.0815 Quarterly Dividend; 2.8% Yield

Apogee Enterprises, Inc. (Nasdaq: APOG) announced it has declared a quarterly cash dividend of $0.0815 per share, or $0.326 annualized. The dividend is payable on July 28, 2010 to shareholders of record on July 13, 2010. The ex-dividend date is July 11, 2010. Yield on the dividend is 2.8%.... more


StreetInsiderStock symbol(s): APOG

10 Stocks With 45+ Years of Boring, Steady Annual Dividend Increases

We have all heard it… Stodgy, for old people, yawn, boring! These have all been used to describe dividend growth investing. As a dividend growth investor, I sometimes think our strategy is the most misunderstood. It seems everyone understands a trader's mentality as evidenced by the numerous comments on capital appreciation - “Why would you buy that stock? It has been flat for 2 years.” Most understand the income investors mentality as noted by comments like - “Why would you buy that stock when you can buy Amalgamated Risk and it pays a 9% dividend?” Both of these strategies can be successful, as can a dividend growth strategy. Periodically, it is good to remind ourselves why we are dividend growth investors. Dividends Provide Investment Stability In a troubled market, dividend... more


SeekingAlphaStock symbol(s): CINF,CL,DBD,DOV,EMR,GPC,JNJ,KO,MMM,PG

Fortress Investment (FIG) Will Not Pay Q2 Dividend

Fortress Investment Group LLC (NYSE: FIG) announced today that it elected not to pay a dividend in the second quarter of 2010. The Board elected to retain capital for potential future investment opportunities and for working capital purposes.... more


StreetInsiderStock symbol(s): FIG

First South Bancorp (FSBK) Declares $0.20 Quarterly Dividend; 6.9% Yield

First South Bancorp, Inc. (Nasdaq: FSBK) declared a quarterly cash dividend for the quarter ended June 30, 2010 of $0.20 per share, or $0.80 annualized. The dividend is payable July 22, 2010 to stockholders of record as of July 5, 2010. The ex-dividend date is July 1, 2010. Yield on the dividend is 6.9%.... more


StreetInsiderStock symbol(s): FSBK

Darden Restaurants (DRI) Reports Q4 Adj-EPS of $0.86, Misses by 2c; Raises Qtr. Dividend by 28% to $0.32/Share

Darden Restaurants (NYSE: DRI) reports Q4 EPS of $0.86, ex-items, 2 cents lower than the analyst estimate of $0.88. Revenue for the quarter was $1.86 billion, which compares to the estimate of $1.89 billion. Comps down 0.9%. Raises its quarterly dividend by 28% to $0.32.... more


StreetInsiderStock symbol(s): DRI

Robbins & Myers (RBN) Declares $0.0425 Quarterly Dividend; 0.7% Yield

Robbins & Myers, Inc. (NYSE: RBN) announced today that its Board of Directors approved a regular cash dividend payment of $0.0425 per share,or $0.17 annualized. The dividend is payable on August 6, 2010 to shareholders of record as of July 9, 2010. The ex-dividend date is July 7, 2010. Yield on the dividend is 0.7%.... more


StreetInsiderStock symbol(s): RBN

Duke Energy Raises Dividend

Duke Energy Corporation (DUK) raised the quarterly cash dividend on its common stock by .5 cents to 24.5 cents per share. This action increases the annualized dividend from 96 cents to 98 cents. The dividend is payable on September 16, 2010 to shareholders of record at the close of business on August 13, 2010. This is the 84th consecutive year that Duke Energy has paid a quarterly cash dividend on its common stock. Duke Energy had cash and cash equivalents of $1.1 billion at the end of the first quarter of 2010, compared with $1.2 billion at the end of the year-ago quarter. At the end of the first quarter, total debt stood at $17.2 billion with a debt-to-capitalization ratio of 44%. Total debt, however, was only $15.5 billion at the end of the first quarter of 2009 (debt-to-capitalization... more


SeekingAlphaStock symbol(s): DUK