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VeriSign Inc. said Friday that its board has declared a special dividend of $3 a share of its common stock. The Internet infrastructure service provider said the special dividend will be paid Dec. 28 to shareholders of record as of Dec. 20. Contingent interest will also be paid Dec. 28 to holders of convertible debentures at the close of business on Dec. 20. VeriSign expects payments related to the special dividend and the contingent interest to total about $625 million. Shares of VeriSign rose 4% in premarket trade.
Freeport-McMoRan Copper & Gold Inc., the world’s largest publicly traded copper producer, will pay a $1-a-share special dividend for a total payout of about $471 million after the price of the industrial metal rose.
The supplemental dividend will be paid on Dec. 30 to shareholders of record as of Dec. 20, the Phoenix-based company said today in a statement. Freeport’s board also approved a two- for-one split of the company’s common stock that will take effect in February.
“Authorization of this supplemental dividend reflects the strong current cash position and significant cash flows being generated by our global operations,” Chief Executive Officer Richard Adkerson said in the statement.
Adkerson has sought to exploit rising copper prices by increasing output at mines that had seen production cuts last year and in 2008 as the global economic slowdown reduced demand. Copper futures closed at a record in New York yesterday on speculation that demand will outpace production as a global recovery sparks construction of new homes and appliances.
The company said in October it would increase its annual dividend to $2 a share from $1.20.
Freeport rose $3.61, or 3.3 percent, to $112.21 at 9:06 a.m. before the start of regular trading on the New York Stock Exchange. The shares rose 35 percent this year through yesterday.
To contact the reporter on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net.
Canadian General Investments, Limited Declares a Special Year-End Capital Gains Dividend
Symbols: CGI, CGRIF
TORONTO, CANADA, Dec 8, 2010 (Marketwire via COMTEX) --
Canadian General Investments, Limited (TSX: CGI | PowerRating)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) today declared a special cash capital gains dividend
of $0.76 per common share. This dividend is payable on December 24, 2010 to shareholders of record on December 22, 2010.
Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $1.00 per common share in 2010 represent a yield to investors
of 5.1% based on the December 7, 2010 closing market price of $19.45.
Sempra Energy (NYSE:SRE) maintained its quarterly dividend of 39 cents per share. Ventas (NYSE:VTR) maintained its quarterly dividend of 53.5 cents per share. Harley Davidson (NYSE:HOG) maintained its quarterly dividend of 10 cents per share. And grocery store chain Safeway (NYSE:SWY) maintained its quarterly dividend of 12 cents per share.
All FWIW
KBW, a full-service investment bank that specializes in the financial services sector, today announced that its Board of Directors has declared a special dividend of $1.00 per share of its outstanding common stock, payable on December 27, 2010 to shareholders of record as of the close of business on December 17, 2010. The special dividend, payable in cash, is expected to equal approximately $36 million in the aggregate.
Read more: http://www.sunherald.com/2010/12/07/2695999/kbw-inc-announces-special-cash.html#ixzz17U55AheI
PACCAR Inc’s (Nasdaq:PCAR) Board of Directors today declared an extra cash dividend in the amount of thirty cents ($.30) per share, payable on December 29, 2010 to stockholders of record at the close of business on December 17, 2010. The Board of Directors also declared a quarterly cash dividend in the amount of twelve cents ($.12) per share, payable on March 7, 2011, to stockholders of record at the close of business on February 17, 2011. “This special dividend reflects improving, but still challenging, truck markets in Europe and North America. PACCAR has emerged from the recession in good financial position and is significantly increasing investment in new products and global markets,” said Mark Pigott, chairman and chief executive officer.
Hecla Mining Company (NYSE:HL) today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock and the final quarterly dividend of $1.625 per share on the outstanding 6.5% Mandatory Convertible Preferred Stock, which will also automatically convert into shares of common stock on January 1, 2011.
The regular quarterly dividend of $0.875 per share, on a total of 157,816 shares outstanding of the Series B Cumulative Convertible Preferred Stock, represents a total amount to be paid of approximately $138,000. The cash dividend is payable January 1, 2011, to shareholders of record on December 15, 2010.
The Board of Directors also elected to declare the regular and final quarterly dividend on the outstanding 6.5% Mandatory Convertible Preferred Stock in the amount of $1.625 per share, for a total amount of approximately $3.27 million. The cash dividend is payable January 1, 2011, to shareholders of record on December 15, 2010. There are a total of 2,012,500 shares of the 6.5% Mandatory Convertible Preferred Stock outstanding.
Hecla’s 6.5 Mandatory Convertible Preferred Stock automatically converts on January 1, 2011, into between approximately 17.0 million and 20.7 million shares of common stock, or between 8.4502 and 10.3093 shares on a per share basis. The conversion rate depends on the average closing market price of Hecla's common stock over the 20-trading-day period beginning on December 1, 2010 and ending on December 28, 2010. If the average closing market price of Hecla's common stock is above $11.83, then the conversion ratio will be 8.4502. If the average closing market price of Hecla's common stock is below $9.70, then the conversion ratio will be 10.3093. For average Hecla common stock prices greater than or equal to $9.70 and less than or equal to $11.83 during the 20-trading-day period, the conversion ratio will be equal to $100 divided by Hecla's average closing common stock price during such period.
Houston American Energy Corp (NYSE Amex: HUSA | PowerRating), an independent energy company, declared on Monday a special dividend of USD0.20 per share of the common stock
of the company.
Holders of record as of 17 December 2010 will receive the dividend payment on 28 December 2010.
A special dividend of $6.00 per share
Seaboard Corporation (NYSE Amex: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, today announced that the Board of Directors of the Corporation has declared a dividend of Six Dollars and Seventy-Five Cents ($6.75) per share on the common stock of the Corporation, payable December 31, 2010 to stockholders of record at the close of business on December 20, 2010. The increased amount of the dividend (which has historically been $0.75 per share on a quarterly basis or $3.00 per share on an annual basis) represents payment of the regular fourth quarter dividend of $0.75 per share and a special dividend of $6.00 per share, equaling the anticipated annual 2011 and 2012 dividends ($3.00 per share per year). This increased dividend is being made to ensure that the taxes shareholders will pay based on the receipt of the dividend is taxed at the currently favorable 2010 tax rate on dividends. The Corporation does not intend to declare any further dividends for the years 2011 and 2012.
LZR,Emergent Group Inc. Board Declares One-Time Cash Dividend and Regular Quarterly Dividend Totaling $0.90 per Share
CEO Cites Strong Cash Flow, Shareholder Value and Growth Strategies Leading to Cumulative $2.20 in Regular and Special Dividends Declared Over Six Years
Press Release Source: Emergent Group Inc. On Tuesday December 7, 2010, 8:00 am
SUN VALLEY, Calif., Dec. 7, 2010 (GLOBE NEWSWIRE) -- Emergent Group Inc. (NYSE Amex Equities:LZR), a leading provider of mobile medical lasers and surgical equipment, today announced that the Board of Directors has declared a special, one-time cash dividend of $0.50 per share on its common stock as well as a regular dividend of $0.40 per share, for a total of $0.90 payable December 27, 2010 to shareholders of record December 17, 2010.
Since 2005, the Board has declared cumulative regular or special cash dividends of $2.20 per share.
The Directors also indicated that if the federal government reaches a definitive agreement not to raise dividend tax rates beginning in 2011, payment for both Emergent's special and regular dividends may be postponed to a date in January 2011.
"Emergent Group's dividend declaration continues our practice of rewarding shareholders with the strong cash flow generated by our business model," said Bruce J. Haber, Chairman and CEO. "At the same time, our cash flow allows us to actively pursue our growth strategies, including investment in new technologies, an aggressive sales force and processes that encourage hospitals, physician practices and manufacturers to collaborate with us on cost-effective equipment rentals. Even in a period of healthcare industry softness, we have been able to manage our cash prudently and reduce our debt. Between the first and third quarters of 2010, we have seen our cash balance increase over 36% and total shareholders' equity rise by more than 16%. We are pleased that Emergent Group has the resources to make this dividend declaration possible and we thank our shareholders for their ongoing support."
Emergent Group remains committed to these key growth strategies, executed by its wholly-owned subsidiary, PRI Medical Technologies, Inc.:
•Building an aggressive and experienced management and sales team focused on expanding per-procedure rentals of existing medical equipment and sales of accompanying consumable items in markets covering 16 states.
•Capitalizing on a number of important trends, including an aging population that will require a growing number of medical procedures for conditions, such as prostate enlargement (BPH), urinary incontinence, certain cancers (Cryosurgery), stable angina, and stones (Lithotripsy).
•Alleviating financial concerns of hospitals by helping them use rentals to conserve capital and upgrade to new, cost-effective medical technologies with the aid of company-trained technicians.
•Helping medical technology manufacturers to counter their long selling cycles by partnering with the company's strong sales force to identify new rental opportunities and, thus, open up additional revenue streams.
•Identifying selective acquisition opportunities that expand Emergent Group's geographic reach and scope of services.
About Emergent Group Inc.
Emergent Group Inc., through its wholly owned subsidiary, PRI Medical Technologies, Inc. ("PRI Medical"), provides mobile medical laser and surgical equipment in 16 states on a per-procedure basis to hospitals, outpatient surgery centers and physicians' offices. Surgical equipment is provided to customers along with technical support personnel to ensure that such equipment is operating correctly. PRI Medical currently offers its services in five states in the western United States and 11 states along the eastern seaboard. Emergent Group, Inc. is a member of the Russell Microcap(R) Index. For investor and product information, visit Emergent Group's website, www.emergentgroupinc.com.
Forward-Looking Statements
Statements in this news release may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934. Such statements may involve various risks and uncertainties, some of which may be discussed in the Company's most recent report on Form 10-K and subsequently filed SEC reports. There is no assurance any forward-looking statements will prove accurate, as actual results and future events could differ materially from those presently anticipated.
Contact:
Emergent Group Inc.Bruce J. Haber(914) 235-5550, x. 12bhaber@primedical.net
Park Electrochemical Corp. (NYSE:PKE) announced that its Board of Directors has declared a special cash dividend of $1.00 per share payable December 28, 2010 to stockholders of record at the close of business on December 16, 2010.
The Board of Directors also declared a regular quarterly cash dividend of $0.10 per share payable February 4, 2011 to stockholders of record at the close of business on January 7, 2011, consistent with the Company’s historic schedule of regular quarterly dividends
BAB, Inc. Announces Cash Distribution
Date : 12/06/2010 @ 10:32AM
Source : Business Wire
Stock : BAB, Inc. (BABB)
Quote : 0.46 0.001 (0.22%) @ 9:31AM
BAB, Inc. Announces Cash Distribution
Bab (BB) (OTCBB:BABB)
Intraday Stock Chart
Today : Monday 6 December 2010
BAB, Inc. (OTCBB: BABB), today announced that its Board of Directors has declared a quarterly distribution of one cent ($0.01) per share and a special distribution of two cents ($0.02) per share, payable on January 5, 2011 to shareholders of record as of December 20, 2010.
The Company believes it is possible for tax purposes, a portion of the distribution and any future distributions that the Board may declare (collectively, the “Distributions”) may be treated as a return of capital to shareholders to the extent of each shareholder’s basis, while the remaining portion of the Distribution may be treated as a dividend.
The portion of the Distributions that will be treated as dividends will not be determined until after December 31, 2011, as that portion is dependent upon the Company’s earnings and profit for tax purposes for its fiscal year ending November 30, 2011, and the Company will not be able to definitively calculate its earnings and profits until after the end of the fiscal year. The final determination will be reported to recipients of the Distributions on a tax information return in early 2012.
BAB, Inc. operates, franchises, and licenses Big Apple Bagels ®, My Favorite Muffin ® Jacobs Bros. Bagels ® and Brewster’s ® Coffee. The Company’s stock is traded on the OTCBB under the symbol BABB and its web site can be visited at www.babcorp.com.
Certain statements in this press release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “estimate,” “project,” “intend,” “expect,” “should,” “would,” “believe” and similar expressions and all statements which are not historical facts are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the company’s SEC filings.
Houston American Energy Corp (NYSE Amex: HUSA), today announced that its Board of Directors has declared a special dividend of $0.20 per common share to holders of record on December 17, 2010 with a payment date of December 28, 2010.
FIZZ declares $2.60/share
this is a pretty humorous PR to boot...
DJN: PRESS RELEASE: National Beverage Corp. 'Acts' in Favor of Cash Dividend
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--December 06, 2010--
National Beverage Corp. (NASDAQ: FIZZ) -- Today, December 6, 2010, being the
latest effective date by regulation and time requirement in which to secure
preferential tax treatment for their shareholders, the Board of Directors
has acted to guard their shareholder interests by declaring a cash dividend
of $2.30 per share. This dividend shall be payable to shareholders of record
as of the close of business on December 16, 2010. Under Delaware law, the
State in which the Company is incorporated, payment of dividends shall be
made no later than 60 days after record date or, in this case, on or before
February 14, 2011. NASDAQ shall require ex-dividend trading of National
Beverage Common Stock (FIZZ) effective market opening on December 14, 2010.
"While the Board and management are joyful and uplifted for the
shareholders, the Company's balance sheet and prudent management philosophy
enabled the Board's actions and will not impair or negatively influence the
Company's future performance in any way," stated Nick A. Caporella, Chairman
and Chief Executive Officer.
"Our federal lawmakers' lack of fiscal judgment, relative to the expiration
of the current tax laws, induced the Board's decision to act in a prudent
manner on behalf of the shareholders. There is much conjecture these days
about what Congress may or may not retroactively do. If they could pass a
law that we (shareholders of America / voters) had the right to
retroactively rescind our original vote -- should they gridlock after
elected -- the abandoned-patriotic providers of our great America would
profoundly . . . be reaffirmed! That's a -- Yes!" Caporella continued.
"The Board -- along with Team National, wish all . . . Good Tidings this
Thanks and Giving Season," concluded Caporella.
National Beverage is highly innovative as a pace-setter in the changing
soft-drink industry, featuring refreshment products that are geared toward
the lifestyle/health-conscious consumer. Shasta(R) -- Faygo(R) --
Everfresh(R) and LaCroix(R) are aligned with Rip It(R) energy products to
make National Beverage . . . America's Flavor--Favorite -- soft-drink
company.
Fun, Flavor and Vitality . . . the National Beverage Way
This press release includes forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause actual results, performance or achievements of the Company
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include fluctuations in costs, changes in consumer preferences and
other items and risk factors described in the Company's Securities and
Exchange Commission filings. The Company disclaims an obligation to update
any such factors or to publicly announce the results of any revisions to any
forward-looking statements contained herein to reflect future events or
developments.
CONTACT: National Beverage Corp.
Office of the Chairman
Grace Keene, 877-NBC-FIZZ
SOURCE: National Beverage Corp.
Copyright Business Wire 2010
Order free Annual Report for National Beverage Corp
Visit http://djnweurope.ar.wilink.com/?ticker=US6350171061 or call +44
(0)208 391 6028
Cameco Corp. (TSX: CCO.TO) will boost its dividend by 43 per cent next year, as the uranium giant sees strong growth ahead for the raw material used to power nuclear reactors.
"The substantial increase in our annual dividend demonstrates our confidence in our business and in the long-term fundamentals of the uranium market," Cameco CEO Jerry Grandey said in a statement Thursday.
"Cameco is the only investment opportunity in our industry with the financial strength to substantially increase dividends while undertaking an ambitious growth program."
Beginning in the first quarter of fiscal 2011, Cameco's quarterly dividend will rise to 10 cents per share from seven cents per share in 2010. On an annualized basis, the dividend of 40 cents per share will compare to 28 cents per share this year.
Last month, Cameco raised its full-year production guidance from 21.5 million pounds of uranium to 22 million, while it lowered its capital spending plan from $510 million to about $475 million due to changes in the scheduling of some projects.
The Saskatoon-based company said it earned $98 million, or 25 cents per share, on $419 million in revenue for the quarter ended Sept. 30. That was down from $172 million or 44 cents per share on $518 million in sales a year earlier.
Cameco also announced last month that it has secured a long-term supply contract with Chinese nuclear company China Guangdong Nuclear Power Holding Co. Ltd. for 29 million pounds of uranium concentrate through 2025. It didn't disclose the value of the deal, as it is "commercially sensitive" information.
Cameco and other major global uranium producers such as BHP Billiton and Rio Tinto are cashing in on soaring uranium demand from China and other parts of Asia as those countries embark on a big nuclear power plant building boom to meet future electricity demands from their soaring economies.
AMAZING call on ASRG. You should be membermarked by all.
ASRG, which I alerted yesterday, was up $0.15 to $1.30 today on over 10x the average daily volume. They announced a $0.16 dividend yesterday. Also, they earned $0.08/share in Q3 and I expect Q4 to be the same or better. They are trading at a PE of 4 times annualized Q3 earnings. IMO there is a lot more room for upside.
REDWOOD CITY, Calif. (AP) -- Biotechnology company Maxygen Inc. said Monday that it will distribute its stake in Codexis Inc. and about $30 million in cash to its own shareholders.
Maxygen owns about 6 million shares of Codexis, which represents a 17-percent stake in the company. It has warrants to buy another 31,000 shares. Owners of Maxygen stock will get 0.19 shares of Codexis for each Maxygen share they hold, the company said. It plans to distribute cash instead of fractional shares.
Codexis develops enzymes for industrial purposes. It was formed in January 2002 as part of Maxygen, but is now a separate company. Codexis completed its initial public offering in April 2010.
Maxygen said it will still own about 500,000 Codexis shares as part of equity awards. Those shares will be delivered after the awards have vested.
The company plans to conduct the distribution of Codexis shares on Dec. 14, giving the stock to Maxygen shareholders of record as of Dec. 3. After the stock distribution, Maxygen said it will make a special cash distribution. Owners of Maxygen stock on Dec. 17 will get $1 per share in the Dec. 28 distribution
check out MAXY ultimate arbitrage
Ulticom shareholders approve $90M sale to Platinum
Ulticom Inc. said Thursday that shareholders approved sale of the telecommunications-software provider to Platinum Equity LLC for $90 million.
Platinum will pay $2.33 per share in cash after Ulticom pays its shareholders a special dividend of $5.74 per share.
The deal is expected to close Friday after majority stockholder Comverse Technology Inc. sells its Ulticom shares to Platinum, a buyout firm founded in 1995.
SYNT, a global information technology services and Knowledge Process Outsourcing (KPO) firm, announced that its Board of Directors has declared a special cash dividend of fifty cents ($0.50) per share. The dividend is payable on December 29, 2010, to shareholders of record at the close of business on December 15, 2010.
Village Super Market declares special dividend of $1.25 per Class A share; payable Dec. 28
SPRINGFIELD, N.J. (AP) - Village Super Market Inc., which runs Shop Rites in New Jersey and eastern Pennsylvania, said Friday its board has declared a special dividend of $1.25 per Class A common share and 81.25 cents per Class B common share.
The dividends will be payable on Dec. 28 to shareholders of record on Dec. 15.
The company said in a statement the board chose to declare these dividends now while tax rates on dividends remain low. It said it plans to pay quarterly dividends next year of between 6 and 12 cents per Class A share and .039 to .078 cents per Class B share. The board plans to review 2012 dividends based on tax rates and other factors at that time.
Friedman Industries, Incorporated Announces Cash Dividends
Friedman (AMEX:FRD)
Intraday Stock Chart
Today : Friday 3 December 2010
The Board of Directors of Friedman Industries, Incorporated (NYSE-Amex: FRD), a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 2, 2010, a quarterly cash dividend of $0.11 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 18, 2011, to shareholders of record at the close of business on January 21, 2011.
In other dividend action, the Board of Directors declared a special cash dividend of $0.50 per share on the Common Stock of the Company. The Company will pay this special cash dividend on December 28, 2010, to shareholders of record at the close of business on December 17, 2010.
For further information regarding these dividends, please contact Mr. Ben Harper, Senior Vice President - Finance at 713-672-9433.
ASRG.OB
Actually it is .16, but other then that you got it right. LOL.
ASRG - http://www.otcbb.com/asp/dividend.asp?sym_id=ASRG&dDate=12/17/2010&sDateType=Record_date
They declared a $0.15 dividend today on a $1.15 stock!
Drew Industries Incorporated (NYSE: DW), a leading supplier of components for recreational vehicles (RV) and manufactured homes, today announced that its Board of Directors approved a special cash dividend of $1.50 per share of common stock.
The dividend is payable on December 28, 2010 to stockholders of record at the close of business on December 20, 2010.
Atrion Corporation ATRI declared a special cash dividend of $3.00 per share on its outstanding shares of Common Stock. This dividend will be payable on December 23, 2010 to stockholders of record at the close of business on December 13, 2010.
Movie theater operator Regal Entertainment Group said Wednesday that it will issue a special cash dividend of $1.40 per share, to be paid on Dec. 30 to shareholders of record on Dec. 20. The company also said it intends to raise its quarterly dividend 17 percent to 21 cents per share.
Sycamore Q1 loss misses views, plans special dividend
By Matt Jarzemsky, Dow Jones Newswires
Wednesday 01 December 2010
Software compant to pay out $185 million in one-off dividend.
Sycamore Networks Inc.'s fiscal first-quarter loss narrowed on fewer charges than a year earlier, but core results fell more than expected.
The provider of bandwidth management software and networking products also said it will pay a one-time dividend of $6.50 a share later this month, joining a fast-increasing slate of corporations taking the same step ahead of a potential increase of federal income taxes on dividends. The payout would cost Sycamore about $185 million. It doesn't issue quarterly dividends.
The company had benefited from cost-cutting and wider margins of late, and its prior quarter resulted in the first profit in two and a half years. Recent interest has centered on Sycamore's IQStream product line, which helps mobile data carriers reduce congestion.
Click here to find out more!But the latest results "reflect the fluctuations associated with the project-oriented nature of our bandwidth management business," said President and Chief Executive Daniel E. Smith.
For the quarter ended Oct. 30, Sycamore reported a loss of $6.5 million, or 23 cents a share, compared with a year-earlier loss of $10.4 million, or 37 cents a share. Excluding prior-year write-downs and restructuring charges as well as stock-based compensation, the loss widened to 20 cents from 11 cents a share as revenue dropped 25% to $11.7 million.
RLI Corp. Board of Directors has declared an extraordinary cash dividend of $7.00 per share. The dividend is payable on December 29, 2010 to shareholders of record as of December 16, 2010 and is expected to total approximately $147 million.
Brown-Forman Corporation BF announced today that its Board of Directors declared a special cash dividend of $1.00 per share on its Class A and Class B Common Stock that will be paid on December 28, 2010 to stockholders of record on December 10, 2010. This special cash dividend follows the 6.7% increase in its regular cash dividend announced by the company on November 18, 2010.
GAMCO Investors, Inc. /quotes/comstock/13*!gbl/quotes/nls/gbl (GBL 43.37, -0.22, -0.51%) announced that the special dividend on its Class A and Class B common stock will be payable December 31, 2010, to stockholders of record on December 15, 2010. As previously disclosed, the special dividend will consist of $0.80 in cash and $3.20 in principal amount of the Company's 0% subordinated debentures due 2015 for each share of common stock (less any applicable withholding tax).
Nov. 30, 2010, 9:05 a.m. EST
White River Capital, Inc. Declares One-Time Special Cash Dividend
RANCHO SANTA FE, Calif., Nov 30, 2010 (BUSINESS WIRE) -- White River Capital, Inc. /quotes/comstock/14*!rvr/quotes/nls/rvr (RVR 21.89, +3.13, +16.68%) ("White River"), announced that its Board of Directors has declared a one-time special cash dividend of $4.00 per share on its common stock to be paid December 21, 2010 to shareholders of record on December 9, 2010. The aggregate amount of the payment to be made in connection with the special, one-time dividend will be approximately $15 million. This one-time special cash dividend will be funded by the excess availability on the line of credit of White River's subsidiary, Coastal Credit LLC.
Interactive Brokers Group (IBKR) declared a $1.79 per share cash dividend.
The online broker’s stock was up nearly 4.6% at 10:30 a.m. eastern time, or 80 cents, to $18.36 a share.
IBKR, which made the announcement after markets closed Monday, said the special dividend will be payable on December 23 to shareholders of record as of December 9.
Blue Earth, Inc. (OTC Bulletin Board: BBLU), announced today it will grant a special one-time dividend to its December 31, 2010 shareholders of record. This special dividend will be one A Warrant for every two shares held on December 31, 2010 and is exercisable at $3 per share for a three year term.
Additionally, for those shareholders eligible for A Warrants, for every A Warrant exercised, they will then receive a share of Common Stock and a special B Warrant, which has an exercise price of $6 per share for a new three year term. For every B Warrant exercised, they will receive a share of Common Stock and a C Warrant, with an exercise price of $12 per share for a new three year term.
(Reuters) - Online brokerage optionsXpress Holdings Inc (OXPS.O) said it will return about $259 million to shareholders as special dividend payout in the absence of "value-creating" acquisition opportunities.
The dividend of $4.50 per share will be payable on December 27 to shareholders of record on December13, the company said in a statement.
OptionsXpress, which had stopped its dividend of 8 cents a share in April last year, had hinted at a special one-time payout before the end of the year in its third-quarter post-earnings call.
The Chicago-based brokerage firm will fund the dividend payout with a $120 million term loan and available cash.
As of September 30, the company had cash and investments of about $269 million.
Shares of the company, which have risen about 8 percent since its third-quarter results in late October, were trading up 10 percent at $18.55 before the bell on Nasdaq.
Another interesting link. . . . . . . .
http://www.bullmarket.com/download/2011HighYieldReport.pdf
Uranium One has declared a special dividend of
US$1.06 payable on December 20, 2010, to all shareholders of record
(other than ARMZ) at the close of business on December 10, 2010.
link for details http://stockmarketsreview.com/pressrelease/2010/11/27/uranium-one-completes-initial-closing-of-armz-transaction/
LONG BEACH, Calif., Nov 26, 2010 (BUSINESS WIRE) -- Farmers & Merchants Bank of Long Beach /quotes/comstock/11k!fmbl (FMBL 3,900, +35.00, +0.91%) today announced that its board of directors has declared a regular quarterly cash dividend of $21 per share and a special dividend of $25 per share on the Bank's common stock. Both dividends are payable on December 15, 2010 to shareholders of record as of December 1, 2010.
It`s on topic so we are interested,keep posting dividends.
Just found an article about S&P safe dividends, and thought I would post it if anyone's interested..
http://community.nasdaq.com/News/2010-11/the-safest-dividend-in-the-sp.aspx?storyid=45752
HIFS, Hingham, Massachusetts announced that its Board of Directors declared its regular quarterly cash dividend of $0.24 per share. The dividend will be paid on January 20, 2011 to stockholders of record as of January 10, 2011.
In addition to the regular quarterly dividend, Hingham's Board of Directors announced that it will pay a special dividend of $0.25 per share, which represents a 4.2% increase over the prior year's special dividend. This special dividend will also be paid on January 20, 2011 to stockholders of record as of January 10, 2011.
. (GES) late Tuesday said its third quarter profit jumped 8% from last year, beating analyst expectations and prompting the company to boost its full-year outlook.
The Los Angeles-based company reported third quarter net income of $69.1 million, or 75 cents per share, compared with $64.1 million, or 69 cents per share, in the year-ago period.
Revenue climbed 17% from last year to $613.9 million.
On average, Wall Street analysts expected a much smaller profit of 59 cents per share, on lower sales of $578 million.
Looking ahead, the company boosted its full-year outlook to a range of $3.02 to $3.06 per share, up from prior guidance of $2.80 to $2.85.
The company also said it would raise its quarterly dividend from 16 cents to 20 cents per share, and announced a special one-time dividend of $2 per share. Both of those dividends will be combined and paid on Dec. 23 to shareholders of record as of Dec. 8.
AboveNet declares special dividend of $5
WHITE PLAINS, N.Y.
A network equipment provider AboveNet Inc. said Tuesday that its board has declared a special one-time cash dividend of $5.
The dividend is payable Dec. 27 to shareholders of record on Dec 6.
(nyse amex:ESP) has declared a special cash dividend of $1.00 per share and a regular quarterly dividend of $0.225 per quarter. The dividends will be payable on December 23, 2010 to all shareholders of record on December 3, 2010.
Nov. 22, 2010 /PRNewswire-FirstCall/ -- Network-1 Security Solutions, Inc. (OTC Bulletin Board: NSSI) announced today that its Board of Directors has declared a special cash dividend of $0.10 per share on each share of Network-1's common stock.
The dividend will be payable on December 20, 2010. Network-1 has set the record date for the dividend as December 13, 2010. The ex-dividend date will be announced as soon as it has been determined by the Financial Industry Regulatory Authority ("FINRA"). If the amount of the dividend is 25% or more than the value of the Company's common stock on the date FINRA makes its determination, the ex-dividend date will be the first business day following the payment date. If the amount of the dividend is less than 25% of the value of the Company's common stock on the date FINRA makes its determination, the ex-dividend date will be the second business day before the record date.
Masimo Board of Directors Declares Special Cash Dividend
Dividend Set at $0.75 Per Share
IRVINE, Calif., Nov. 22, 2010 /PRNewswire-FirstCall/ -- Masimo (Nasdaq: MASI) announced today that its Board of Directors has declared a special $0.75 per share cash dividend, payable on December 21, 2010 to stockholders of record as of the close of business on December 7, 2010. The total dividend payout is expected to be approximately $44.3 million, based on the current shares outstanding and will be the third instance of a special dividend paid by Masimo in the past four years.
China Digital TV Declares Special Cash Dividend to Shareholders
BEIJING, Nov. 22, 2010 -- /PRNewswire-Asia/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), the leading provider of conditional access ("CA") systems to China's expanding digital television market, today declared a special cash dividend of US$2.00 per share on the Company's ordinary shares, par value US$0.0005 per share, to be paid in two installments of US$1.00 each during 2011. Each of the Company's American depositary shares represents one ordinary share.
Shareholders of record as of the close of business on December 23, 2010, U.S. Eastern Standard Time, will be eligible to receive the dividend. The first installment of the dividend is expected to be paid on or around January 13, 2011, and the second installment is expected to be paid in due course after the completion of the ongoing dividend repatriation process by the Company's PRC subsidiaries.
Mr. Jianhua Zhu, China Digital TV's Chairman and Chief Executive Officer commented, "Our Board of Directors believes that a special dividend is an efficient use of cash to maximize shareholder value at this time. Meanwhile, our robust cash reserves and consistent, healthy operating cash flow are sufficient to support our multiple growth objectives."
As of September 30, 2010, China Digital TV had cash and cash equivalents, restricted cash and short-term investments totaling US$252.5 million, or US$4.30 per share on a diluted basis.
Read more: http://www.sunherald.com/2010/11/22/2658297/china-digital-tv-declares-special.html#ixzz161rTCmIH
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I have done extensive research on numerous companies that pay dividends, but i know if everyone here at IHUB posts stocks or mutual funds that pays outrageous dividends, then we can all save tons of time and energy doing it ourselves.
I will post links to all that are worthy here in the IBOX.
thank you in advance to all that participate.
please post the highest % yielding dividend stocks that you can find.
Explanation of Dividend Dates
Ex-dividend: To receive a declared dividend the shares must be purchased before the ex-dividend date. If you buy on or after ex-dividend date you are not entitled to receive the current dividend.
Record date: The record date is the date by which an investor must be registered as a shareholder to be entitled to a dividend.
Payment date: The date of which the dividend is paid out.
You can sell the stock on the ex-dividend date of and still get the dividend but you would not make any money. Every time a dividend is paid, the closing price on the day before the ex-dividend is adjusted downward by the dividend amount.
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(Stock Dividend section)
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid,
http://www.nasdaq.com/about/FAQsMarketIntegrity.stm
TAX info
Dividends are taxed either as ordinary income or as qualified dividends. A qualified dividend is a dividend on which the issuing company has already paid tax. The dividend is then taxed again on the shareholder's tax return, but at a lower qualified dividend tax rate. The tax rate on qualified dividends is 5% or 15% (depending on the individual's income tax rate). If the individual has a regular income tax rate of 25% or higher, then the qualified dividend tax rate is 15%. If the individual's income tax rate is less than 25%, then qualified dividends are taxed at the 5% rate.
Ordinary and qualified dividends are reported on Form 1099-DIV. All dividends paid will be reported as ordinary dividends on Form 1099-DIV box 1a. Some or all of these ordinary dividends may be qualified dividends. Qualified dividends are reported on Form 1099-DIV box 1b.
Dividends are reported on Form 1040 Schedule B and Form 1040 lines 9a and 9b
Link to daily dividend news http://www.primenewswire.com/newsroom/keyword.html?kw=DIVIDEND
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Summary / Websight
http://finance.yahoo.com/q?s=fro http://www.frontline.bm/
http://finance.yahoo.com/q?s=nat http://www.nat.bm/
http://finance.yahoo.com/q/pr?s=DOM http://www.dom-dominionblackwarriortrust.com/
http://finance.yahoo.com/q?s=dsx http://www.dianashippinginc.com/web/default.fds
http://finance.yahoo.com/q?s=fgp http://www.ferrellgas.com/
http://finance.yahoo.com/q?s=grt http://www.glimcher.com/
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