Monday, June 22, 2009 5:44:02 PM
(((SCROLL DOWN FOR CASY MENTION)))
By Rick Aristotle Munarriz
June 22, 2009 | Comments (1)
Stock Advisor
Not every company is slashing its dividend these days. Some of the market's better performers are easing up on their purse strings and sending more money out to their shareholders.
Readers of the Income Investor newsletter service can appreciate that kind of thinking. So let's take a closer look at four of the companies that inched their payouts higher over the past few days.
Let's start with Del Monte Foods (NYSE: DLM). The food giant is feeding its investors cash by bumping up its quarterly dividend by 25% to $0.05 a share. Faith in its cash-flow trends and the recent divestiture of its StarKist brand are giving Del Monte the confidence to come through with the upgrade.
Medtronic (Nasdaq: MDT) is also looking healthy. The medical-products company is improving its quarterly distributions by 9% to $0.205 a share. Medtronic shareholders are probably used to this by now. The company has delivered chunkier disbursements through 23 consecutive years of yield increases.
Then we have Casey's General Stores (Nasdaq: CASY). The retailer is holding up well, as shoppers turn to bargain havens, and the welcome trend is giving Casey's the leeway to boost its payouts by 13% to $0.085 a share.
Finally, we have John Wiley & Sons (NYSE: JW-A) printing fatter dividend checks. The "knowledge for generations" publisher is delivering an 8% increase. Investors will now be getting $0.14 a share every three months. John Wiley & Sons has now increased its rate in each of the past 16 years.
Some of these moves may not seem like much, but consider the less savory moves that took place in recent days:
* First Defiance Financial (Nasdaq: FDEF) and S&T Bancorp (Nasdaq: STBA) are the latest banking specialists to slash their yields. The two companies roughly halved their dividends.
* Biotech-leaning REIT BioMed Realty's (NYSE: BMR) new quarterly rate of $0.11 a share is just a third of its earlier disbursements.
http://www.fool.com/investing/dividends-income/2009/06/22/4-dividend-stocks-showing-you-the-money.aspx
Recent CASY News
- Casey’s Announces “It’s Not Crazy, It’s Casey’s” Campaign to Highlight its Contemporary Convenience and Craveable Food • Business Wire • 05/01/2024 01:35:00 PM
- Casey’s Ramps Up Hiring as High-Traffic Summer Season Approaches • Business Wire • 03/12/2024 01:00:00 PM
- Oracle Soars 13% With Exceptional Growth and Boosts Nvidia Shares With Collaboration Announcement, and More • IH Market News • 03/12/2024 11:21:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 08:37:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/11/2024 08:29:13 PM
- Casey's Announces Third Quarter Results • Business Wire • 03/11/2024 08:20:00 PM
- U.S. Index Futures Dip Ahead of Inflation Data and Oracle’s Earnings; Oil Prices Edge Higher • IH Market News • 03/11/2024 10:39:47 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 08:50:55 PM
- Casey’s Launches All-New Sandwich Line-up • Business Wire • 03/04/2024 02:00:00 PM
- Casey’s Launches Campaign to Provide 10 Million Meals to Communities Facing Hunger in Partnership with Feeding America® • Business Wire • 02/28/2024 02:00:00 PM
- Casey’s Announces Timing of Third Quarter Earnings Release and Conference Call • Business Wire • 02/19/2024 07:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/16/2024 09:57:01 PM
- Casey’s Hires First-Ever Chief Pizza & Beer Officer • Business Wire • 02/09/2024 02:00:00 PM
- Casey’s Rides on as the Official Convenience Store and Exclusive Pizza Partner of RAGBRAI • Business Wire • 01/25/2024 02:30:00 PM
- USDA Issues Grants to Casey's General Store, Others to Build Out Biofuel Infrastructure -- OPIS • Dow Jones News • 01/11/2024 06:59:00 PM
- Casey’s Announces Search for First-ever Chief Pizza & Beer Officer • Business Wire • 01/10/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 07:48:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 07:47:53 PM
- Illumina’s Grail Divestment, Arm’s China Layoffs, IBM’s Software AG Acquisition, and More • IH Market News • 12/18/2023 10:51:50 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 09:41:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 09:22:02 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/11/2023 09:19:38 PM
- Casey's Announces Second Quarter Results • Business Wire • 12/11/2023 09:10:00 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM