Over the past week, the following companies made important announcements regarding their future dividend payments…
Dividend Increases
- Dunkin’ Brands (DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, announced a quarterly dividend of $.19 per share of common stock, an increase of $.04, or 27%, from the prior quarter. The dividend is payable on February 20 to shareholders of record at the close of business on February 11.
- Time Warner Cable (TWC) announced a quarterly dividend increase of 16% to $.65. The quarterly dividend is payable in cash on March 15 to stockholders of record at the close of business on February 28.
- Tupperware Brands (TUP) declared a regular quarterly dividend of $.62 per share, up 72% from the previous quarterly dividend of $.36 per share. It is payable on April 5, to shareholders of record as of March 20. SJW Corp. (SJW) declared a $.02 per share increase in the annual dividend to $.73 per share. A quarterly dividend of $.1825 per share is payable on March 1 to shareholders of record at the close of business on February 11.
- Las Vegas Sands (LVS) declared a dividend increase of 40% to $.35 per share up from $.25.
- Kansas City Southern’s (KSU) declared a regular dividend of $.215 per share on the outstanding KCS common stock, which is a 10% increase from the previous quarterly dividend of $.195 per share. This dividend is payable on April 3, to common stockholders of record at the close of business on March 11.
- CenterPoint Energy (CNP) declared a quarterly dividend increase of 2.5% to $.2075 per share. The dividend is payable on March 8 to shareholders of record as of the close of business on February 15.
- Bryn Mawr Bank (BMTC) declared a quarterly dividend increase of 6.3% to $.17 per share.
- German American Bancorp (GABC) declared a quarterly dividend increase of 7% to $.15 per share. The dividend is payable on February 20 to shareholders of record as of February 10.
- Exterran Partners (EXLP) announced a cash distribution of $.5125 per limited partner unit, or $2.05 per limited partner unit on an annualized basis, payable on February 14 to unitholders of record at the close of business on February 8. The distribution to be paid in February 2013 is $.05 higher than the previous quarters distribution.
- Broadcom (BRCM) announced a 10 percent increase in the quarterly cash dividend to $.11 per share, up from $.10 ( to $.44 per share on an annual basis) payable to holders of the Company’s Class A and Class B common stock.
- Penske Automotive Group (PAG) approved a cash dividend of $.14 per share, an increase of 7.7%, for the Q4 of 2012. The dividend is payable on March 1 to shareholders of record on February 11.
- Campus Crest Communities (CCG) announced an increase in the Company’s annual common stock dividend from the current annual rate of $.64 per share to $.66 per share, representing an annualized dividend yield of 5.4% based on the Company’s closing price of $12.27 on January 28, 2013. This increased dividend, which represents a 3.1% annual increase, commences with the payment of the first quarter of 2013 common stock dividend, payable on April 10 to all stockholders of record on March 27 and will amount to $.165 per share on a quarterly basis. The Board of Directors also declared a cash dividend of $.50 per Series A Cumulative Redeemable Preferred Share for the Q1.
- Ball Corporation (BLL) increased its quarterly cash dividend by 30% to $.13 cents per share. The cash dividend is payable March 15 to shareholders of record on March 1.
- Potash (POT) announced an increase of 33% in the company’s quarterly cash dividend from $.21 per share to $.28 per share. The dividend is payable May 2 to shareholders of record on April 11.
- The McGraw-Hill Companies (MHP) declared a 9.8% increase in the regular quarterly cash dividend on the Corporation’s common stock. The quarterly dividend will increase from $.255 to $.28 per share. The dividend will be payable on March 12 to shareholders of record on February 26. The new annualized dividend rate of $1.12 per share represents an average compound annual dividend growth rate of 9.6% since 1974.
- Black Hill (BKH) announced an increase in its quarterly dividend to $.38 from $.37 per share. Common shareholders of record at the close of business on February 15 will receive the dividend on March 1.
- Polaris Industries (PII) announced a 14% increase in the 2013 regular quarterly cash dividend that raises the payout to $.42 per share. The first quarterly dividend will be payable on March 15 to shareholders of record at the close of business on March 1.
- Computer Programs (CP) announced a quarterly dividend increase to $.51 from $.46. The dividend is payable on February 22, to stockholders of record as of the close of business on February 7.
- Camden Property (CPT) declared a quarterly dividend increase of 12.5% to $.63 from $.56 per share. The dividend is payable on April 17 to holders of record as of March 28.
- Graham (GHM) declared a dividend increase of 50% to $.03 from $.02 per share. The dividend will be payable February 27 to stockholders of record at the close of business on February 13.
- Principal Financial (PFG) announced a quarterly dividend increase of 10% to $.23 per share. The dividend will be payable on March 29 to shareholders of record as of March 11.
- Applied Industrial (AIT) announced a quarterly dividend increase of 10% to $.23. The dividend is payable on February 28 to shareholders of record on February 15.
- Compressco (GSJK) declared a quarterly dividend increase to $.42 from $.3975.
- Mattel (MAT) declared a dividend increase of 16% to $.36 per share. The dividend will be payable on March 8 to stockholders of record on February 22.
Dividend Decreases
- Hudson Valley (HVB) declared a dividend decrease to $.06 from $.18 per share. The dividend is payable on February 22 to all common stock shareholders of record as of the close of business on February 11.
[ad#dividend-announcements]
Special Dividends and Dividend Announcements
- Georgetown Bancorp (GTWN) announced an initial quarterly cash dividend of $.04 per share of common stock. The dividend will be paid on or about February 25, to stockholders of record as of the close of business on February 11. This is the first cash dividend for the company since the completion of its second-step conversion and related public stock offering on July 11, 2012.
- Spectrum Brands (SPB) announced a quarterly dividend of $.25 per share on the company’s common stock. The dividend is payable on March 12 to stockholders of record as of the close of business on February 14. As indicated in mid-September 2012 when the company paid its one-time special dividend of $1.00 per common share, this quarterly dividend payment will qualify as a return of capital to shareholders.
- BreitBurn Energy Partners (BBEP) announced a cash distribution of $.47 per unit for the fourth quarter 2012, or $1.88 per unit on an annualized basis, for all of its outstanding units. This distribution represents an increase from the third quarter 2012 distribution, which was $.465 per unit, or $1.86 per unit on an annualized basis. The distribution will be payable on February 14, 2013 to the record holders of common units at the close of business on February 11, 2013.
- California Water Service’s (CWT) declared a quarterly dividend of $.16 per common share payable on February 22 to stockholders of record on February 11. This increases the annual dividend from $.63 to $.64.
- Park Electrochemical (PKE) announced $2.50 per share special dividend. The special dividend is payable February 26 to shareholders of record as of February 12.
- Aimco (AIV) declared a quarterly cash dividend of $.24 per share of Class A Common Stock for the quarter ended December 31, 2012. The dividend is payable on February 28 to stockholders of record on February 15.
[ad#stansberry-ps]
This information is provided by Theflyonthewall.com
TheFlyOnTheWall.com is a source for up-to-the-minute financial news. Known for its unbiased market intelligence, TheFly has been serving professional and individual investors worldwide for more than 12 years. TheFly’s news feed keeps investors informed of all the news moving on the wires and circulating throughout Wall Street trading desks. Become an informed investor. Try all of TheFly’s services FREE for 30-days by clicking here.