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Dividend of $15.00 Per Share
11/18/10 -- SEACOR Holdings Inc. (NYSE: CKH) today announced that its Board of Directors declared a Special Dividend of $15.00 per common share. The Special Dividend is payable to shareholders of record on December 14, 2010 and is expected to be paid on December 21, 2010.
Buckle Rises On $2.50 Dividend;
Shares of apparel retailer The Buckle (BKE) are up $2.65, or almost 8%, at $37.83, after the company this morning announced it will pay a $2.50 special cash dividend, payable December 21st to shareholders of record December 3rd.
Limited Brands, the owner of lingerie chain Victoria's Secret and other retailers, says its third-quarter net income rose and the company is raising its full-year earnings forecast.
The specialty retailer said Wednesday that its net income was $61.3 million, or 18 cents per share, for the period that ended Oct. 30. That compares with $14.9 million, or 5 cents per share, a year earlier.
Revenue rose 11 percent to $1.98 billion.
Analysts surveyed by Thomson Reuters, who typically exclude one-time items, on average expected earnings of 17 cents per share on revenue of $1.95 billion.
Limited Brands also raised its full-year earnings forecast to a range of $1.82 to $1.97 per share, from $1.68 to $1.83. And it declared a $3 dividend and announced a $200 million stock buyback plan.
Blyth, Inc. (NYSE:BTH) recently announced it will be declaring a special cash dividend of $1.00 per common stock share for a total dividend payment of approximately $8.3 million.
The special dividend is an addition to the regular dividends that are declared semi-annually and which are paid during the fiscal year ending January 31, 2011. It will total $.0.20 per share of the company’s common stock. The company also announced that the dividends to be declared for fiscal year ending January 31, 2011 will total $2.20 per share or an estimate of $18.8 million.
In January of this year, the company already a special dividend amounting to $1.00 per share which it paid in February.
Blyth, Inc. is a Home Expressions company that is responsible for marketing a wide array of home fragrance products, seasonal decorations, decorative accessories, and household convenience items. Its products are directly sold under the brands PartyLite®, Two Sisters Gourmet® by PartyLite and ViSalus Sciences®, Colonial Candle®, CBK® and Seasons of Cannon Falls®, As We Change®, Miles Kimball®, Exposures®, Walter Drake®, The Home Marketplace®, Easy Comforts® and Boca Java®, Sterno®, Ambria® and HandyFuel®.
According to Robert B. Goergen, Blyth’s Chairman of the Board and Chief Executive Officer, “We take a conservative approach to our regular dividend payments given the seasonal nature of our business in spite of our strong cash position and balance sheet. We have now examined our dividend payment based on Blyth’s cash flow and general economic conditions. The Board of Directors believes dividends represent an important element in support of our goal to deliver long-term returns to our shareholders.”
The special dividend will be payable to shareholders of record as of December 1, 2010 and will be paid on December 15, 2010
ERSO.pk, a distributor of value added, semi-finished metal products, today announced net income for the three and nine months ended September 30, 2010 of $2,957,000 and $7,893,000 as compared to $(1,511,000) and $(1,084,000) for the same periods in 2009. Net income for the three and nine months ended September 30, 2010 was $0.31 and $0.84 per share on a fully diluted basis as compared to $(0.16) and $(0.11) on a fully diluted basis for the same periods in 2009.
"I am pleased to report that our company experienced greatly improved performance for the nine month period of 2010, both in terms of sales and earnings. These results were achieved despite a continued challenging economic environment," said Nathan Kahn, Chief Executive Officer.
The Company also announced that its Board of Directors has declared a regular cash dividend of $0.025 per share and a special dividend of $0.10 per share. The regular and special dividends are payable on December 14, 2010 to stockholders of record at the close of business on November 29, 2010.
Hey zebra, thanks for responding. Did you get a chance to look at any of them? I got burned a few years in the REITS that were paying "insane dividends" The PPS dropped so freakin' fast, and never recovered. Then they quit paying dividends... I'm still holding most of them, and a couple started paying dividends again.
That's when I started looking at the ETF's that pay between 8 - 15% Some of them pay monthly, and it's nice to get a check every month. I like the Helios Funds, DHF, and PHK.
Do you think the Bush tax cuts will be extended so the dividend tax doesn't go up..??
Thanks for the link,anything thats pays out a dividend is what we look for.The special dividends that i have been posting lately should end at the first of the year when dividends are taxed at the same rate as earned income.We are allways looking for the next big dividend payer and thanks for your post.
Newbie here.... Haven't read a lot of posts, but wondered if you guys trade ETF's? Here's a link I use to find good dividends. Once your on, click on "Distribution Rate" I reinvest my quarterly dividends, but take my monthly dividends in cash. I'll never get rich, but it helps pay the electric bill..!
http://www.cefconnect.com/Sorter/FundSorter.aspx
Nov 12, 2010 (BUSINESS WIRE) -- Stein Mart, Inc. /quotes/comstock/15*!smrt/quotes/nls/smrt (SMRT 10.17, +0.28, +2.83%) today announced that its Board of Directors declared a special dividend of $0.50 per common share.
"Over the past two years, we have restored profitability and significantly strengthened our balance sheet and cash position, which totaled $80.5 million at third quarter end," commented David H. Stovall, president and chief executive officer. "Based on our confidence in the business and its ability to generate cash flow to fund store growth and other capital needs, we believe it is appropriate to return cash to our shareholders with this special dividend."
The dividend is payable on December 22, 2010 to shareholders of record on December 8, 2010 and is expected to total approximately $22 million.
Nov 12, 2010 (GlobeNewswire via COMTEX) -- MEDTOX Scientific, Inc. /quotes/comstock/15*!mtox/quotes/nls/mtox (MTOX 12.30, +0.53, +4.46%) today announced that its board of directors approved a special one-time cash dividend of $1.25 per share. The special dividend will be payable on December 1, 2010, to stockholders of record on November 22, 2010.
Knight Transportation, Inc. /quotes/comstock/13*!knx/quotes/nls/knx (KNX 18.30, +0.10, +0.55%) announced today that its Board of Directors has declared the company's quarterly cash dividend of $0.06 per share of common stock. This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Directors. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board of Directors each quarter after its review of the company's financial performance. The company's dividend is payable to shareholders of record on December 3, 2010 and is expected to be paid on December 23, 2010.
Knight also announced that its Board of Directors declared a special cash dividend of $0.75 per share of common stock. The company's special dividend is also payable to shareholders of record on December 3, 2010 and is expected to be paid on December 23, 2010.
Werner Enterprises, Inc. /quotes/comstock/15*!wern/quotes/nls/wern (WERN 22.01, +0.54, +2.52%) , one of the nation's largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $.050 (5.0 cents) per common share payable to stockholders of record at the close of business on January 10, 2011. This dividend will be paid on January 25, 2011.
Werner also announced that its Board of Directors declared a special cash dividend of $1.60 per common share payable to stockholders of record at the close of business on November 22, 2010. This dividend will be paid on December 7, 2010. As a result of the special dividend, a total of approximately $116 million will be paid on Werner's 72.6 million common shares outstanding. Werner also paid special cash dividends of $1.25 per common share in December 2009 and $2.10 per common share in December 2008
“We estimate OptionsXpress has enough cash to fund a $2.50 per share special dividend,”
OptionsXpress Holdings Inc., the online broker with a record amount of cash, is likely to pay a special dividend by year-end as it seeks ways to use its money best in a “depressed” economy, Chief Executive Officer David Fisher said.
“This year would be an opportune time to do a special dividend given the likely higher dividend tax rates,” Fisher, 41, said in an interview at the company’s Chicago headquarters.
http://www.bloomberg.com/news/2010-11-08/optionsxpress-may-pay-special-dividend-amid-record-cash-balance-ceo-says.html
Columbia Sportswear Company Declares Special Cash Dividend of $1.50 Per Share
PORTLAND, Ore., Nov 09, 2010 (BUSINESS WIRE) -- Columbia Sportswear Company /quotes/comstock/15*!colm/quotes/nls/colm (COLM 54.40, +0.74, +1.38%) , a leading innovator in the global outdoor apparel, footwear, accessories and equipment industries, today announced the company's board of directors approved a special cash dividend of $1.50 per share, payable on December 6, 2010 to shareholders of record on November 22, 2010. The aggregate amount of payment to be made in connection with the special cash dividend will be approximately $51 million.
Inc.(OTCBB:OPTI.ob - News) (“The Company”) announced today that its Board of Directors has declared a cash dividend of $0.65 per share on each share of the Company’s common stock.
The dividend will be payable on December 15, 2010. The Company has set the record date for the dividend as November 24, 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.
GAMCO Investors, Inc. (GBL: News ) said its Board of Directors approved a special dividend of $0.80 per share in cash and $3.20 of principal per share in the form of a debenture. The debenture is expected to be a five-year, zero coupon bond. This special dividend will be declared and paid in 2010. Further details will be announced in the future. The Board also declared a quarterly dividend of $0.03 per share to all of its Class A and Class B shareholders, payable on December 28, 2010 to shareholders of record on December 14, 2010.
Telular Corporation Declares Special One-Time Cash Dividend and Regular Quarterly Dividend
CHICAGO, Nov 04, 2010 (BUSINESS WIRE) -- Telular Corporation /quotes/comstock/15*!wrls/quotes/nls/wrls (WRLS 5.82, +1.77, +43.70%) , a global leader in connecting businesses and machines over wireless networks, today announced the declaration of a special one-time cash dividend of $1.00 per share on its common stock, payable November 22, 2010, to shareholders of record at the close of business on November 15, 2010. Additionally, the Company announced the declaration of a regular quarterly dividend of $0.10 per share on its common stock, payable November 22, 2010, to shareholders of record at the close of business on November 15, 2010.
Nov. 5, 2010, 7:00 a.m. EDT
Armstrong World Industries Reports Third Quarter 2010 Results and Announces Proposed Leveraged Recapitalization Including Special Cash Dividend
LANCASTER, Pa., Nov. 5, 2010 /PRNewswire via COMTEX/ -- Armstrong World Industries, Inc. /quotes/comstock/13*!awi/quotes/nls/awi (AWI 50.49, +4.84, +10.60%) today reported Special Cash Distribution
Armstrong also announced that its Board of Directors had determined to pursue a recapitalization and pay to shareholders a special cash dividend in order to efficiently allocate the Company's capital and return value to Armstrong's shareholders.
The special cash dividend of approximately $13.74 per share to Armstrong's common shareholders, or approximately $800 million in the aggregate, will be funded in part by cash on the Company's balance sheet. To fund the remaining portion of the dividend and refinance the Company's existing $430 million credit agreement, Armstrong would issue $800 million of new debt, market conditions permitting. The Company expects the new debt to be comprised of a combination of a senior secured credit facility and potentially unsecured notes.
The declaration of the special cash dividend is conditioned on the Company's ability to secure the requisite debt financing on satisfactory terms and conditions. The Board of Directors currently expects to declare and pay the special cash dividend before the end of 2010.
OPNET Announces Special Dividend
November Dividend Set at $0.75 Per Share
BETHESDA, Md., Nov 3, 2010 (OPNT 21.50, +1.36, +6.75%) , a leading provider of solutions for IT Service Assurance, today announced that its Board of Directors has approved a one-time special dividend in the amount of $0.75 per share, which will be paid on November 30, 2010 to stockholders of record on November 14, 2010.
Valeant Pharmaceuticals International declares special $1 dividend
By The Associated Press
(AP) - Valeant Pharmaceuticals International Inc. said Thursday its board of directors declared a special dividend of $1 per share.
The dividend is payable Nov. 15 to shareholders of record as of Dec. 22.
The board declared the special dividend in connection with the September consummation of Valeant with Canada's .Biovail Corp. After the payment, the company said it does not expect to pay dividends.
Also, the board approved the establishment of a special dividend reinvestment plan, which will enable eligible shareholders to elect to reinvest the special dividend.
Wynn Resorts WYNN declared a special 8$ cash dividend after the market close . The board of directors approved the dividend to be paid on December 7, 2010 payable to shareholders of record on November 23, 2010.
The stock will trade ex-dividend November 19, 2010.
$1.44 Dividend
On November 1, 2010, Harleysville Group (NASDAQ: HGIC) surprised investors with a $1.44 special dividend, Wunderlich Securities reports. HGIC also reported operating EPS of $0.76 compared to $0.83 a year ago.
“Our estimate was $0.79 and the consensus was $0.78,” Wunderlich Securities writes. “HGIC experienced $3.7 million, or $0.09 per share, in catastrophe losses during 3Q10, which reduced earnings below our expectation.”
Wunderlich Securities said that positive top-line performance and solid book value growth offset the EPS shortfall, adding, “We believe HGIC's ability to successfully manage the company's excess capital and grow the top line profitably supports a premium multiple.”
Wunderlich Securities is raising its price target on HGIC to $40 from $37 to reflect 1.3 times 2011 estimated book value of $31.79.
One-Time Special Dividends: Are They a Bad Sign?
by Hank Coleman
Beware of companies issuing special dividends Many companies in the S&P 500 index are flush with cash as they economy starts to make a comeback and retail customers return to stores. In fact, the S&P 500 companies have over $800 billion in cash and cash equivalents on their books, and the number continues to grow as companies focus on cost-cutting measures, free cash flow, and protecting themselves from more market turmoil. There is so much cash on the balance sheets of companies that many financial analysts think that investors may see a resurgence of special one-time dividends. But, investors should beware of companies issuing these special dividends. While they may sound great in theory, they may not be the greatest thing for investors.
Special Dividends Don’t Offer an Arbitrage Opportunity
It does no good for an investor to chase special or even regular dividends when deciding when to purchase shares of stock. Many investors think they can buy a stock and hold it through the ex-dividend date (the date at which you must be the owner of the stock to qualify for the dividend) and then sell the stock the next day. The problem with this strategy is that the stock price will drop by the dividend amount that next day because the company will have lost value due to the reduction in its cash balance. Thus, what you gain in the dividend payout you lose in the reduction of the company’s stock price. So, for example, a company that trades at $20 per share and issues a one-time special dividend of $2 should be worth a price of $18 on the day after the ex-dividend date.
Special Dividends Are A Sign Of Lack Of Creativity
A special dividend signals to investors that the company cannot think of anything better to do with its available cash. For example, there may be no other profitable opportunities to grow the business, and that is why the cash as been piling up. This is exactly what happened to Microsoft a few years ago when it issued a special one time dividend and investors responded with a negative reaction. It is also similar to what investors are currently seeing in big technology companies like Google today who are slowing down and acquiring less companies because they’ve hit a growth peak.
Taxes On Dividends Are Set To Change
Currently, dividends are taxed at their lowest level in a very long time. Dividend income is only taxed at the 15% rate. But, that benefit is set to expire at the end of 2010 year unless it is extended by Congress, which seems unlikely. Future tax rates on dividend income could be considered ordinary income which means that dividend income could soar as high as almost 40% for the top income earners.
Final Thoughts
While there is room for stock dividends in every investor’s portfolio, you need to be aware of some of the risks. Dividends often show that a company is out of ideas and may represent a poor use of company funds. Also, when considering investing in a company that has announced a special dividend (or any dividend for that matter), remember that there is no “free money” to be had in the investment. The market is too efficient to allow for any kind of arbitrage opportunity. Lastly, the tax consequences can be huge for dividends
Stamps.com Announces Special Dividend of $2.00 per Share
Company Returns Over $250 Million to Shareholders Since 2002
LOS ANGELES, CA, Oct 28, 2010 (MARKETWIRE via COMTEX) -- Stamps.com(R) /quotes/comstock/15*!stmp/quotes/nls/stmp (STMP 16.18, +1.75, +12.13%) today announced that its Board of Directors has declared a one-time special dividend of $2.00 per share to shareholders of record as of the close of business on November 11, 2010, to be paid on December 2, 2010. The Board of Directors approved the special dividend to distribute excess cash from the Company's capital structure, and to allow the Company's shareholders to take advantage of the current low dividend tax rate.
GLENTEL INC. DECLARES EXTRAORDINARY DIVIDEND OF $0.36
BURNABY, BC, Oct. 27 /CNW/ - The Board of Directors of GLENTEL Inc. (TSX: GLN) is pleased to declare a special dividend of $0.36/share, with a record date of November 12, 2010 and a payment date of November 26, 2010.
PASADENA, Calif., Oct 27, 2010 (BUSINESS WIRE) -- PAULA Financial /quotes/comstock/11i!pfco (PFCO 0.54, +0.14, +35.00%) today announced that the Board of Directors has declared a cash dividend in the amount of $0.53 per common share. The distribution will be paid to holders of record as of November 10, 2010 and shall be paid on November 24, 2010.
Sun Hydraulics' Board of Directors Declares One-Time $0.50 Dividend
SARASOTA, FL, Oct 28, 2010 (MARKETWIRE via COMTEX) -- Sun Hydraulics Corporation /quotes/comstock/15*!snhy/quotes/nls/snhy (SNHY 30.98, -0.36, -1.15%) has announced that the Company's Board of Directors has elected to issue a $0.50 per share dividend to shareholders. The dividend is payable on November 30, 2010 to shareholders of record as of November 15, 2010. The special dividend totals approximately $8.5 million.
Renaissance Learning Inc. (RLRN) declared a special cash dividend of $2 a share,
Forrester Research (FORR) this morning declared a $3-a-share special dividend, payable December 20, to holders of record December 8. The technology-focused market research firm also said it is increasing its stock buyback plan by $60 million.
For Q3, the company reported revenue of $59.8 million, with pro forma profits of 19 cents a share; the Street has been forecasting $59.8 million and 21 cents.
For Q4, Forrester sees revenue of $65 million to $68 million and non-GAAP profits of 21-27 cents a share; the Street has been expecting $66.6 million and 25 cents.
FORR is down 44 cents, or 1.3%, to $33.01.
Often a stock moves up more than the price of the PRed dividend ,if you jump in quickly you can enjoy a nice run most of the time.
Ameron International Corporation has announced that its board of directors declared a special dividend of USD 3 per share of common stock, payable November 30th 2010 to stockholders of record on November 10th 2010.
The board of directors also approved the company's repurchase from time to time of up to an aggregate of USD 50 million of its common stock. The company further announced the completion of the previously disclosed divestiture of its partial ownership of TAMCO, a steel mini mill.
The sale of the company's 50% ownership of TAMCO to Gerdau Ameristeel US Inc was completed on October 21st 2010. The company sold its TAMCO investment for USD 82.5 million, recognizing an estimated pretax gain of approximately USD 48.4 million.
Under the terms of the sale, Ameron received proceeds of approximately USD 78.1 million, before post closing working capital adjustments and other charges and payment of an estimated USD 19.5 million in income taxes related to the gain, and after deduction of USD 5 million to be held in escrow for a period of time to cover potential price adjustments and indemnification obligations related to the transaction.
The special dividend will total USD 27.7 million.
Tutor Perini Announces Cash Dividend on Common Stock
SYLMAR, Calif., Oct 26, 2010 (BUSINESS WIRE) -- Tutor Perini Corporation /quotes/comstock/13*!tpc/quotes/nls/tpc (TPC 22.83, -0.35, -1.51%) , a leading civil and building construction company, today announced that on October 25, 2010 the Board of Directors declared a special cash dividend of $1.00 per share of common stock. The dividend is payable on November 12, 2010 to stockholders of record on November 4, 2010
This stock took a huge jump at the news.
Wow a 3.00 dollar jump plus a 2.00 dividend good move
Woodrose Corporation
TSX VENTURE: WRS.H
Oct 25, 2010 18:33 ET
Woodrose Corporation: Declaration of Special Dividend
CALGARY, ALBERTA--(Marketwire - Oct. 25, 2010) - WOODROSE CORPORATION (TSX VENTURE:WRS.H) (the "Corporation") announces that the board of directors has approved the payment of a one time special dividend of $0.45 per common share. The special dividend will be payable to shareholders of record as of the close of business on November 2, 2010. Distribution of the special dividend to shareholders will be on or about November 9, 2010.
Upon payment of the special dividend, the Corporation's remaining assets will consist of: (i) land and a building; (ii) general working capital, in addition to rental income from two commercial leases in the building; (iii) a hold back in the amount of $250,000 being held by an escrow agent appointed by the Corporation and Middleby Corporation ("Middleby"), which amount shall be released to the Corporation on or about July 14, 2011, provided that the representations and warranties of the Corporation specified in the Purchase and Sale Agreement with Middleby are materially accurate; and (iv) entitlements to receive royalty payments based on the gross revenues realized by Middleby from the "Perfect Pop" technology, as described in the Corporation's press release dated May 20, 2010.
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Corporation. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Corporation does not assume any obligation to update or revise them to reflect new events or circumstances.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Tri City board approves special dividend
The Business Journal
Date: Monday, October 25, 2010, 3:11pm CDT
Related:
Banking & Financial Services
The board of Tri City Bankshares Corp. cited “the possibility of less favorable tax treatment of dividend income in 2011” in approving a special dividend of $1.20.
The special dividend is payable Dec. 10 to shareholders of record on Nov. 30, the Oak Creek-based owner of Tri City National Bank said.
“The board intends to significantly reduce or eliminate dividend payments in 2011,” CEO Ronald Puetz said in a letter to shareholders. “In effect, we are ‘prepaying’ next year’s dividend in consideration of the potential advantage to our shareholders under the current dividend tax structure.”
Tri City posted record earnings in 2009 and through the first nine months of 2010, enabling the company to pay the dividend while maintaining its capital ratio well in excess of regulatory requirements, Puetz said.
The company posted a net income of $3.75 million, or 42 cents per share, compared with a net income of $2.24 million, or 25 cents per share, in the same quarter a year ago.
Tri City’s net interest income was $14.1 million in the latest quarter compared with $8.3 million a year ago. The bank took a provision for loan losses of $1.4 million in the third quarter compared with $552,000 in the third quarter of 2009.
Net income for the first nine months of 2010 was $12.63 million, or $1.42 per share, compared with $7.3 million, or 82 cents a year earlier.
Assets increased to $1.08 billion on Sept. 30 from $790.4 million a year earlier. The year-ago figures do not include Tri City’s FDIC-assisted acquisition of Bank of Elmwood in Racine on Oct. 23, 2009
Read more: Tri City board approves special dividend | The Business Journal
Value Line Announces Special $2 Dividend
Value Line, Inc. (NASDAQ:VALU) has announced they will be paying a special dividend of $2 per share.
Value Line’s board has approved paying a special dividend of $2 per common share of Value Line, payable on November 12, 2010 to shareholders of record on November 1, 2010. The special dividend is a qualified dividend and is being paid in lieu of Value Line’s regular quarterly dividend of 20 cents per common share.
MAYFIELD VILLAGE, Ohio (AP) PGR - Progressive Corp. is declaring a special dividend of $1, which will return about $660 million to shareholders.
The insurance provider said Friday that the dividend will be paid on Dec. 29 to stockholders of record Dec. 20.
Progressive, based in Mayfield Village, Ohio, said the special dividend will not impact it 2010 annual, variable dividend program.
Earlier this month Progressive reported that its third-quarter earnings fell 3 percent as investment earnings dropped.
In morning trading, Progressive shares added 37 cents to $20.91.
Ameron Announces Special Dividend of $3.00 Per Share and $50 Million Stock Repurchase Program, Utilizing Proceeds of the Completed TAMCO Divestiture
PASADENA, Calif., Oct 22, 2010 (BUSINESS WIRE) -- Ameron International Corporation /quotes/comstock/13*!amn/quotes/nls/amn (AMN 67.10, +1.45, +2.21%) today announced that its Board of Directors declared a special dividend of $3.00 per share of common stock, payable November 30, 2010 to stockholders of record on November 10, 2010. The Board of Directors also approved the Company's repurchase from time to time of up to an aggregate of $50.0 million of its common stock. The Company further announced the completion of the previously-disclosed divestiture of its partial ownership of TAMCO, a steel mini mill.
Diamond Offshore Drilling, Inc. Declares Special Cash Dividend of $0.75 Per Share
Also Declares Regular Cash Dividend of $0.125 Per Share
HOUSTON, Oct 21, 2010 (BUSINESS WIRE) -- Diamond Offshore Drilling, Inc. /quotes/comstock/13*!do/quotes/nls/do (DO 68.04, -0.83, -1.21%) announced today that the Company has declared a special quarterly cash dividend of $0.75 per share of common stock and a regular quarterly cash dividend of $0.125 per share of common stock. Both dividends are payable on December 1, 2010 to shareholders of record on November 1, 2010.
MSC Industrial (MSM) Tops Q4 Views; Guides Q111; Declares $0.22 Quarterly Dividend, 1.6% Yield, Declares Special Dividend; Announces CEO Succession
MSC Industrial (NYSE: MSM) Reports Q4 EPS of $0.70, 6 cents better than the analyst estimate of $0.64. Revenue for the quarter was $461.4 million, which compares to the estimate of $454.95 million.
Sees Q111 sales of $464 - $476 million and an EPS of $0.71 - $0.75, compared to the consensus EPS of $0.73 and revs of $462.26 million.
Also, the company announced a CEO succession plan, whereby David Sandler, President and Chief Executive Officer, will continue in his current role through December 31, 2012, or no later than December 31, 2013 as determined by the Company's Board of Directors. Erik Gershwind, Executive Vice President and Chief Operating Officer, has been identified by the Company's Board of Directors as the successor to Mr. Sandler as the Company's Chief Executive Officer.
Finally, the Board has declared a regular quarterly cash dividend of $0.22 per share, and a special cash dividend of $1.00 per share. The quarterly dividend is calculated at $0.88 annualized.
Both dividends are payable on November 16, 2010 to shareholders of record at the close of business on November 2, 2010. The ex-dividend date is October 29, 2010.
EBOS Group Ltd. (EBO.NZ)
Ebos Group announces special dividend
NZPA | Thursday October 21, 2010
Ebos Group Ltd today declared a special dividend at its annual meeting.
The special dividend of 20c a share is fully imputed at the current company tax rate of 30 percent and is payable on November 22 to shareholders on the register on November 12.
The medical equipment company in August announced that net profit after tax in the year to June 30 rose 28.8 percent to $25.4 million from a year ago. It increased its final dividend by 3c a share to 17.5c, taking total distributions for the year to 31c.
The company said its businesses were in the best operating shape in their corporate history.
Oct. 20, 2010, 4:00 p.m. EDT
Quality Products, Inc. Announces Payment of a Special Dividend to Shareholders
COLUMBUS, Ohio, Oct 20, 2010 (BUSINESS WIRE) -- Quality Products, Inc. /quotes/comstock/11i!qpdc (QPDC 12.75, -0.25, -1.92%) today announced its board of directors approved a special one-time dividend of $2.25 per share, or approximately $5,563,000. The special dividend will be payable on November 4, 2010, to shareholders of record on October 21, 2010 and the Company will use up to $4,000,000 of debt to fund this dividend with the remainder provided by existing cash.
SNRY..Stock dividend announced today.
http://biz.yahoo.com/iw/101012/0672214.html?.v=1
Whats the ticker for Potash corp of Saskatchewan
Thanks
Capt. Matt
Just a rumor;but what a whopper!
Potash Weighs Asset Sales, Special Dividend to Thwart BHP, Telegraph Says
Potash Corp. of Saskatchewan Inc. is considering selling its nitrogen and phosphorous assets and paying shareholders a dividend of up to $70 a share, the Sunday Telegraph reported, without saying where it got the information.
Potash Corp. may try to use the asset sale, and add at least another $4 billion to its $3 billion in debt, to repel a hostile bid from BHP Billiton Ltd., the newspaper said.
To contact the reporter on this story: Michelle E. Frazer in London at mfrazer@bloomberg.net
(Blomberg)
9 High Yield, Managed Distribution Funds and 12 Dividend Stock Alternatives
http://seekingalpha.com/article/227613-9-high-yield-managed-distribution-funds-and-12-dividend-stock-alternatives?source=hp_wc
(MEDQ said Friday it will pay a special dividend of $4.70 a share to all shareholders of record as of Oct. 11. The dividend is expected to be paid on Oct. 15.
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12/06/06
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Moderator stockguru1976 | |||
Assistants wzebra33 |
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
DIVIDEND RANK:
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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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