Sunday, October 4, 2009

Bexley Public Radio Dividend Note No. 10, September 30, 20099.

Bexley Public Radio Dividend Note No. 10, September 30, 2009.

An occasional note on dividends. This is an informal collection of some information on dividend increases for U.S. stocks.

Bexley Public Radio hopes this is a positive note amidst the dreadful reports from Wall Street in recent months.

No commentary, analysis or recommendation is offered in this informal journal.

Agree Realty Corporation September 14, 2009 (NYSE: ADC) today announced that its third quarter 2009 cash dividend of $0.51 per share, is up from $0.50 per share. The declared third quarter 2009 dividend when annualized equals $2.04 per share. The third quarter 2009 common share dividend is payable October 15, 2009 to shareholders of record at the close of business on September 30, 2009.
Agree Realty is engaged in the ownership, management and development of properties, which are primarily single tenant net leased properties and neighborhood community shopping centers, leased to retail tenants. The Company owns and operates a portfolio of 72 properties containing approximately 3.5 million square feet of gross leasable area, located in 16 states.
Annaly Capital Management, Inc. September 21, 2009 (NYSE: NLY) declared the third quarter 2009 common stock cash dividend of $0.69 per common share. This dividend is payable October 29, 2009 to common shareholders of record on October 1, 2009. The ex-dividend date is September 29, 2009.
“We continue to manage Annaly conservatively in the current environment. Looking ahead, I believe that we are well-prepared for the opportunities that will present themselves as government policy in our markets continues to evolve,” said Michael A.J. Farrell, Chairman, President and Chief Executive Officer.
Annaly manages assets on behalf of institutional and individual investors worldwide. The Company’s principal business objective is to generate net income for distribution to investors from its investment securities and from dividends it receives from its subsidiaries. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”), and currently has 552,762,229 shares of common stock outstanding.

Brady Corp. September 10, 2009 (NYSE: BRC) said that its board raised the annual dividend to 70 cents from 68 cents. The quarterly dividend of 17.5 cents will be payable Oct. 30 to shareholders as of Oct. 9.

Corporate Office Properties Trust September 17, 2009(NYSE: OFC) announced today that its Board of Trustees has declared a quarterly dividend of $0.3925 per Common Share of beneficial interest for the third quarter 2009. This represents a 5.4% increase from the previous $0.3725 per share quarterly dividend. The dividend will be paid on October 15, 2009 to shareholders of record on September 30, 2009. 

The dividend yield moves from 3.87% to 4.08%.

Covidien plc September 25, 2009 (NYSE: COV) announced that its Board of Directors has declared a 12.5% increase in the quarterly dividend rate, from $0.16 per ordinary share to $0.18 per ordinary share.
“Given our good operational performance thus far in 2009, our strong cash flow, and the further growth we expect in 2010, the Board has voted to increase the dividend,” said Richard J. Meelia, Chairman, President and CEO.
At the new rate, the annual dividend is $0.72 per ordinary share compared to the previous rate of $0.64 per ordinary share. The next quarterly dividend is payable on November 6, 2009, to shareholders of record on October 6, 2009.
Covidien is a leading global healthcare products company that creates innovative medical solutions for better patient outcomes and delivers value through clinical leadership and excellence. Covidien manufactures, distributes and services a diverse range of industry-leading product lines in three segments: Medical Devices, Pharmaceuticals and Medical Supplies. With 2008 revenue of $10 billion, Covidien has more than 41,000 employees worldwide in 59 countries, and its products are sold in over 140 countries.

The Kroger Co. September 17, 2009 (NYSE: KR) today announced that its Board of Directors increased the amount of its quarterly dividend to $0.095 per share from $0.09 per share. The dividend will be paid on December 1, 2009 to shareholders of record as of the close of business on November 16, 2009.

This is the third increase in the quarterly dividend the Board has approved since it initiated the dividend program in 2006. 

“This increase reinforces the Board’s confidence in Kroger’s strategy, which continues to deliver value for our customers and our shareholders. Just as we reward customers through our strategy, we continue to reward shareholders through our dividend, which enhances total shareholder return by over 1.5% on an annual basis,” said David B. Dillon, Kroger chairman and chief executive officer.
Kroger, one of the nation’s largest retail grocery chains, employs more than 326,000 associates who serve customers in 2,470 supermarkets and multi-department stores in 31 states under two dozen local banner names including Kroger, Ralphs, Fred Meyer, Food 4 Less, Fry’s, King Soopers, Smith’s, Dillons, QFC and City Market. The Company also operates 768 convenience stores, 388 fine jewelry stores, 818 supermarket fuel centers and 40 food processing plants in the U.S. Kroger, headquartered in Cincinnati, Ohio, focuses its charitable efforts on supporting hunger relief, health and wellness initiatives, and local organizations in the communities it serves.

Lawson Products, Inc., August 27, 2009 (NASDAQ: LAWS) declared a dividend of $.06 per share on common shares, an increase of $.03 from the previous quarterly dividend. The dividend is payable October 13, 2009 to stockholders of record September 29, 2009. 

Lawson Products, Inc. distributes and markets systems, services, and products to the industrial, commercial, institutional, and governmental maintenance repair and operations marketplace in the United States and Canada. [SM]

NYMAGIC, INC. September 17, 2009 (NYSE: NYM) announced today that it has declared a dividend to shareholders of $.06 per share, payable on October 6, 2009 to shareholders of record on September 30, 2009. This quarterly dividend represents an increase of two cents a share over recent previous quarterly dividends of $.04 per share.

NYMAGIC, INC. is an established holding company that owns and operates New York Marine And General Insurance Company, Southwest Marine And General Insurance Company, and Gotham Insurance Company. We also own an insurance manager, MMO INC, which underwrites business on behalf of our insurance companies. Our company's head office is located in New York City, with two other offices in Chicago and on Long Island.

Philip Morris International Inc. September 15, 2009 (NYSE: PM) said that its board increased the company's quarterly dividend by 7.4% to 58 cents a share, compared to the previous 54 cents a share. The tobacco product seller said the dividend is payable Oct. 9 to shareholders of record as of Sept. 28.
Texas Instruments Inc. September 17, 2009 (NYSE: TXN) said it plans to increase its quarterly dividend to 12 cents a share from 11 cents a share, representing an increase of 9.1%. The mobile chip maker's dividend is payable on Nov. 16 to shareholders of record as of Oct. 30.

Village Super Market, Inc. September 11, 2009 (Nasdaq: VLGEA) declared a 7% increase in the quarterly cash dividend. The increased quarterly cash dividends are $.23 per Class A common share and $.15 per Class B common share. The dividends will be payable on October 22, 2009 to shareholders of record at the close of business on October 1, 2009. The ex-dividend date is September 29th.

W.P. Carey & Co., September 17, 2009 (NYSE: WPC) an investment firm focused on real estate financing, increased its quarterly dividend to 50 cents from 49.75 cents.
It will be paid on Oct. 15 to shareholders of record as of Sept. 30. The New York firm said it was the 34th consecutive increase in its quarterly dividend.
Including the upcoming payout, W.P. Carey said that along with its affiliates it will have paid more than $3 billion in distributions since 1979. Several affiliates also raised their quarterly dividends.

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Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. WCRX-LP Editorial Collective.

1 comment:

Anonymous said...

This is good information. Good job Bexley Radio.