Car audio equipment maker Harman International Industries Inc (HAR) announced it would double its annual cash dividend to 60 cents per share. The company will pay a dividend of 15 cents per share quarterly, effective July 1. The first quarterly payment will be made in September 2012. Shares of the company, which owns brands such as …
S&P recommends overweighting the S&P 500 Consumer Discretionary sector. Year to date through May 25, the sector index, which represented 11.2% of the S&P 500 Index, was up 10.62%, compared with a 4.5% rise for the S&P 500. There are 32 sub-industry indices in this sector, with Restaurants being the largest at 13.8% of the …
Best Dividend Stocks in the Consumer Discretionary Sector Read More »
Choice Hotels (CHH) whose midpriced and budget hotel brands include Comfort Inn, Quality Inn and Econo Lodge, announced it intended to offer $400 million of 10-year, asset-backed senior notes to help fund a $600 million special cash dividend. This is a special dividend of approximately $10.00 per share. The special dividend must be approved by the Board. There is no date scheduled for …
Choice Hotels Announces Special Dividend of $10 per share Read More »
For investors wanting to have their cake and eat it too, we have some great stocks to consider. All of these stocks carry the S&P Quality Rating of A, A+ or A-. Then, they all pay dividends and have a projected EPS growth of 15% or more for next year. So what you are getting …
A-Rated Dividend Stocks with 15% or more Earnings Growth Next Year Read More »
There are several dividend growers that recently increased their dividends by double-digits. In general, a dividend increase indicates financial strength and management’s positive earnings outlook to commit to an increased dividend in the quarters ahead. Here is a list of the most recent dividend increases: PetSmart (PETM), , the leader in pet specialty retail, raised …
4 Companies Increasing Dividends by Double Digits Read More »
As the markets continue to show uncertainty and a lack of capitulation, investors are looking for a place to hunker down. The best place at this time is in low beta stocks with dividend yields (defensive stocks) to support the share price. I had identified 5 stocks that are up in price the last 4 …
Low Beta Dividend Stocks for an Uncertain Market Read More »
Agrium Inc. (AGU) announced that it’ll pay a semi-annual dividend of 50 cents a share on July 12 to shareholders of record as of July 1. The payout is more than double its prior dividend of 22.5 cents a share. “The further increase in our dividend is an indication of the strength in our earnings outlook across both our retail and wholesale …
Generac Holdings Inc. announced that its board has declared a previously announced special dividend of $6 per share to be paid in June. GNRC is trading at $26.00 so the $6.00 special dividend is a 23% yield. Generac (GNRC) will use the remaining proceeds from the new term loans and cash on hand to fund …
It’s the newest market riddle: where do you go for safety when the traditional option could be in a bubble? With fiscal problems in Europe once again leading to sharp drops in global stock markets, many investors are seeking out stable assets that can both protect their principal and generate an income stream to keep up with …
High Yield Dividend Stocks With Exploding Earnings Read More »
Iron Mountain (IRM), the New Jersey-based document-storage firm, said that its board approved a plan for the company to convert to a real estate investment trust, or REIT. Iron Mountain also boosted its dividend 8% for an annual payout of $1.08 a share. A quarterly dividend of 27 cents will be paid July 13 to …
