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ALTM ($.57 bid) declares $.07/share dividend
http://finance.yahoo.com/news/Alternate-Marketing-Networks-prnews-75261337.html?x=0&.v=1
OneBeacon Declares $1.21 Per Share Combined Regular and Special
HAMILTON, Bermuda, May 26, 2011 /PRNewswire/ -- At its regular meeting held on May 25, 2011, the OneBeacon Insurance Group, Ltd. (NYSE: OB) Board of Directors declared a combined regular and special dividend of $1.21 per share, payable in cash on June 30, 2011, to holders of record of Common Shares as of the close of business on June 17, 2011. The company will distribute approximately $114 million through this dividend. The per share dividend amount reflects a $1.00 special dividend and a $0.21 regular quarterly dividend.
About OneBeacon: OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol "OB." OneBeacon's underwriting companies offer a range of specialty insurance products sold through independent agencies, regional and national brokers, wholesalers and managing general agencies. The company's businesses include OneBeacon Professional Insurance, International Marine Underwriters, OneBeacon Accident Group, OneBeacon Entertainment, OneBeacon Energy Group, OneBeacon Government Risks, A.W.G. Dewar (tuition refund), collector cars and boats written through Hagerty Insurance Agency, OneBeacon Technology Insurance, OneBeacon Specialty Property, OneBeacon Property and Inland Marine, and OneBeacon Excess and Surplus Lines. The company also offers products and services to assigned risk markets through its AutoOne division. OneBeacon's insurance businesses are national in scope.
May 20, 2011 /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$0.56 per share on the Company's ordinary shares, par value US$0.0005 per share. Each of the Company's American depositary shares represents one ordinary share.
Shareholders of record as of the close of business on June 20, 2011, U.S. Eastern Daylight Time, will be eligible to receive the dividend. The total amount of the dividend is US$33.421 million, which will be allocated from net income attributable to China Digital TV for the fiscal year 2010. The dividend is expected to be paid on or around December 30, 2011
Quality Products Announces Payment of a Special Dividend and Results For the Three and Six Months Ended March 31, 2011
05/11/2011 | 04:05 pm
Quality Products, Inc. (Pink Sheets: QPDC), a manufacturer and distributor of aircraft ground support equipment ("Columbus Jack & Regent Manufacturing") and hydraulic press machine tools ("Multipress"), today announced payment of a special dividend and reported fiscal 2011 second quarter and six months operating results.
SPECIAL DIVIDEND
The Company's board of directors has approved a special one-time dividend of $1.25 per share, or approximately $3,043,000. The special dividend will be payable on July 1, 2011, to shareholders of record on June 17, 2011 and the Company will use up to $3,000,000 of debt to fund this dividend with the remainder provided by existing cash.
QUARTERLY RESULTS
Net income was $1,520,459 compared to $1,444,312 earned last year, an increase of $76,147 or 5.3%. Revenues were $6,058,888 compared to $5,244,273 last year, an increase of $814,615 or 15.5%. The gross margin decreased to 43.1% this year from 48.6% last year. As with most manufacturers, our margins can vary significantly depending on product mix and pricing pressures in the marketplace. Due to these factors, we consider the range of 35 - 40% to be normal for gross margins.
Shipments in the Multipress segment were $821,988 compared to $777,825, an increase of $44,163 or 5.7%, and gross profit was $336,762 or 41.0% compared to $333,380 or 42.9%, an increase of $3,382 or 1.0%. Incoming orders were up by $447,233 or 57.4% compared to last year. Historically, the visibility of future business for this segment has rarely exceeded six months, making it difficult to predict long-term trends.
Shipments in the ground support equipment segment were $5,236,900 compared to $4,466,448 last year, an increase of $770,452 or 17.2%. Gross profit was $2,271,795 or 43.4% compared to $2,213,213 or 49.6% last year, an increase of $58,582 or 2.6%. However, incoming orders decreased by $(1,265,265) or (29.1)% compared to last year. A majority of this segment's business is with the U.S. government, so if defense spending is reduced it is likely this segment will be unfavorably impacted.
S G & A expenses were $883,079 or 14.6% of sales in the current quarter compared to $806,493 or 15.4% last year, an increase of $76,586 or 9.5%. This is primarily due to higher wages and benefits, higher consulting expenses, and higher public company expenses.
Other income in the latest quarter includes $671,000 of royalties for our joint participation in certain military contracts and approximately $33,000 of distributions and realized gains from our investments.
Income tax expense decreased by approximately $(27,000) primarily due to changes in estimates.
Basic and diluted EPS was $0.62, up from $0.42 and the weighted average shares outstanding decreased to 2,468,522 from 3,402,425.
Pacific Northern Gas to pay special dividend of $3 per share, Q1 profit up
By: The Canadian Press
Posted: 05/11/2011 12:51 PM | Comments: 0 | Last Modified: 05/11/2011 1:26 PM
VANCOUVER - Pacific Northern Gas Ltd. (TSX:PNG) will pay a special dividend of $3 per share, the company announced Wednesday as it reported improved quarterly earnings.
The special payment will be in addition to PNG's regular quarterly dividend of 30 cents per share.
PNG shares were up 67 cents or 2.45 per cent at $28 on the Toronto Stock Exchange after the announcement. The stock had been halted briefly at midday.
Pacific Northern Gas said the payment amounted to $11 million of the net remaining proceeds from the $30-million initial payment received from the sale of its 50 per cent stake in Pacific Trail Pipelines Limited Partnership, a proposed liquefied natural gas export terminal near Kitimat, B.C.
The company paid out an earlier special dividend of $3 per share to shareholders on March 24.
PNG also reported Wednesday a first-quarter profit of $26.7 million or $7.11 per diluted share, compared with a profit of $5.4 million or $1.48 per share a year ago. Operating revenue totalled $37.5 million, up from $40.2 million.
Excluding the sale of the interest in Pacific Trail Pipelines, PNG reported a profit of $6 million or $1.57 per diluted share, up from $5.7 million or $1.53 per diluted share a year ago.
In February, PNG signed a deal to sell its 50 per cent interest in Pacific Trail Pipelines Limited Partnership for $50 million to Apache Canada Ltd. and EOG Resources Canada Inc., which are partners with PNG in the KSL Pipeline.
PNG will be paid the outstanding $20 million once the companies begin construction of the Kitimat liquefied natural gas facility.
$5.00
May 06, 2011 16:00 ET
McGraw-Hill Ryerson Limited Announces Q1 Dividend and Special Dividend
WHITBY, ONTARIO--(Marketwire - May 6, 2011) - McGraw-Hill Ryerson Limited (TSX:MHR)
Attention: Business/Financial Editors
Notice is hereby given that a quarterly dividend of 28.5¢ per common share has been declared payable on June 2, 2011, to shareholders of record at the close of business on May 12, 2011. This is an increase over the previous quarterly dividend of 27.0¢ per share, which has been in effect since May 2010.
McGraw-Hill Ryerson is also announcing an additional one-time dividend of $5.00 per common share, declared payable on June 2, 2011, to shareholders of record at the close of business on May 12, 2011.
Dividends declared and paid by McGraw-Hill Ryerson Ltd. are "eligible" dividends, as that term is defined by the Canadian Revenue Agency (CRA).
19.30% Dividend 19.30% Dividend 19.30% Dividend & Zacks #1 rating
ARR ARMOUR Residential REIT, Inc.
http://www.zacks.com/ZER/zer_comp_reports.php?f_ticker=ARR&f_bsh=OUTPERFORM&f_period=7
http://finance.yahoo.com/news/Zacks-1-Rank-Additions-for-zacks-74299378.html?x=0&.v=1
It could be a good flip if it pops in the pre-market friday,it`s a good size dividend so it should move up at least the dividend amount (IMO)
Got some VRSN on this Special Divy news in AH(didn't have time to analyze the earnings report which came out too though).
VRSN
Verisign announced that its Board of Directors declared a special dividend of $2.75 per share of its common stock, payable on May 18, 2011 to shareholders of record as of the close of business on May 9, 2011. The ex-dividend date will be May 5, 2011.
http://www.rttnews.com/Content/EarningsNews.aspx?Id=1609605&SM=1
Moscow. Apr 22, 2011. /Lesprom Network/. Boise Inc. announced a special cash dividend of $0.40 per common share, payable May 13, 2011, to shareholders of record at the close of business on May 4, 2011.
"This special cash dividend is consistent with our stated intention to opportunistically return capital to our shareholders," said Alexander Toeldte, President and CEO of Boise Inc.
Boise Inc. manufactures paper and packaging products, including imaging papers for the office and home, printing and converting papers, label and release and flexible packaging papers, corrugated containers, containerboard, newsprint, and market pulp.
Diamond Offshore Drilling Inc. said Thursday that its first-quarter net income fell 14 percent as lower rates drove down its contract drilling revenue. But the results beat analysts' expectations and the deepwater driller also announced a special cash dividend of 75 cents per share, on top of its regular quarterly cash dividend of 12.5 cents per share.
The dividends are payable on June 1 to shareholders of record on May 2.
Net income for the three months ended March 31 dropped to $251 million, or $1.80 per share, from $291 million, or $2.09 per share, a year earlier. Revenue fell 6 percent to $806 million from $860 million.
Analysts had expected earnings of $1.42 per share on revenue of $798 million, according to FactSet.
Shares rose $1.60, or 2 percent, to close at $78.
BZ trading at 8.68
BZ) announced today a special cash dividend of $0.40 per common share, payable May 13, 2011, to shareholders of record at the close of business on May 4, 2011.
"This special cash dividend is consistent with our stated intention to opportunistically return capital to our shareholders," said Alexander Toeldte, president and chief executive officer of Boise Inc.
Read more: http://www.benzinga.com/news/11/04/1018727/boise-paper-holdings-announces-special-cash-dividend-of-0-40-per-share-bz#ixzz1K4OSzXE0
Has made the OTCBB Daily List...
Currently .346 x.38
http://otcbb.com/asp/dividend.asp?sym_id=EPLN&dDate=5/13/2011&sDateType=ex_date
EPLN - Epolin, Inc. Common Stock
Declaration Date:4/14/2011
Ex Date:5/13/2011
Record Date:4/28/2011
Payment Date:5/12/2011
Dividend Type:
Cash Dividend Dividend Amount:
$0.12 Spl
Notes:
Due Bill Redeemable Date: 05/17/2011
Welcome and thanks for your post,a little slow for dividends lately but earnings are picking up so dividends should to.
Just found your board. Here's an insane dividend payer I am looking at. ARMOUR Residential REIT, Inc.(NYSE: ARR ) Div & Yield: 1.44 (20.10%)
As always do your own due diligence. I welcome opinions on this REIT.
Thanks for this news,
Epolin, Inc. Announces Special Cash Dividend of $0.12 per Share
NEWARK, NJ--(Marketwire - April 14, 2011) - EPOLIN, INC. (the "Company") (OTCBB: EPLN) (www.epolin.com) today announced that its Board of Directors has declared a special cash dividend of $0.12 per share to be payable on May 12, 2011 to shareholders of record at the close of business on April 28, 2011. The aggregate amount of payment to be made in connection with the special cash dividend will be approximately $1.5 million and will be paid from cash on hand.
The Company noted that in April 2006 the Board adopted a dividend policy under which the Company would issue a regular annual cash dividend along with a special cash dividend from time to time as well. From May 2006 through August 2008, the Company did pay an aggregate of five cash dividends of $0.02 per share each and one cash dividend of $0.04 per share, but has not paid any cash dividends since primarily due to the Company's decision to seek strategic alternatives.
"The decision to pay and the magnitude of this special dividend reflects the Board's belief that the Company's current liquidity position exceeds the immediate and projected needs of the business combined with the fact that we have not paid a dividend since 2008," commented Murray S. Cohen, Ph.D., Chairman of the Board. He added, "While we cannot provide any guidance with respect to when another cash dividend, annual or otherwise, may be paid, our Board remains committed to create value for our shareholders and determined that the payment of this special dividend was the best way to benefit our shareholders as we continue to explore strategic alternatives, including the potential sale of the Company."
About Epolin
Epolin, Inc. is a specialized chemical company primarily engaged in the manufacturing, marketing, research and development of infrared dyes, laser absorbing dyes and infrared dye formulations. The Company's business is heavily weighted towards the development, manufacture and sale of near infrared dyes. Applications for these dyes cover several markets that include laser protection, welding, sunglasses, optical filters, glazing and imaging and security inks and tagants. The Company also manufactures specialty chemicals for certain chemical manufacturers.
Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate", "believe", "estimate", "plan", "intend" and "expect" and similar expressions, as they relate to Epolin, Inc., or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, such factors discussed in reports and documents filed from time to time by the Company with the Securities and Exchange Commission. Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or for any other reason.
For more detailed information, please contact:
Murray S. Cohen
Chairman of the Board
James Ivchenko
President
Greg Amato
Chief Executive Officer
(973) 465-9495
EPOLIN, INC.
358-364 Adams Street
Newark, New Jersey 07105
Click here to see all recent news from this company
Bought a few EPLN($.37) on $.12/share dividend news...
and the company is up for sale as well.
http://ih.advfn.com/p.php?pid=nmona&article=47301509&symbol=EPLN
EROC Eagle Rock Energy Partners
Raising dividends
May 2011 yearly dividends $0.60 per share
Aug 2011 yearly dividends $0.75 per share
End of 2012 expected yearly dividends $1.00 per share
This is currently trading $11.75
Do your own DD
http://biz.yahoo.com/pz/110412/218592.html?.v=1
FREDERICK, Md., April 11, 2011 /PRNewswire/ -- Frederick County Bancorp, Inc. (the "Company") (OTC Bulletin Board: FCBI), the parent company for Frederick County Bank, today announced a one-time special cash dividend on its common stock of $0.10 per share. This special cash dividend is payable on May 13, 2011 to shareholders of record on April 25, 2011. As we move forward throughout the year, we will re-evaluate the Company's ability to pay any additional cash dividends on the basis of its earnings and capital position.
"We are extremely pleased to reward our shareholders with this special dividend," said President and CEO Martin S. Lapera. "Throughout the economic downturn, we remained focused on exceeding our clients' expectations -- this is at the core of our vision and strategy for successful performance and ultimately delivering value to our shareholders. The Company earned over $1.0 million in 2010 and Frederick County Bank is currently well capitalized and has a strong balance sheet. We are very grateful for the patience and loyalty of our shareholders and we look forward to our continuing role as The Community Bank for Frederick County."
Frederick County Bank is approaching its ten year anniversary and has posted positive quarterly earnings continuously since 2002, its second year in operation. The Bank is headquartered in Frederick, Maryland, and conducts full service commercial banking services through four offices, three of which are in the City of Frederick and one office located in Walkersville, Maryland. A fifth office is being constructed on the East side of Frederick City near the airport and is expected to be completed in the fourth quarter of 2011. Frederick County Bank maintains a solid Four Star Rating from Bankrate.com and the top Five Star Rating from Bauer Financial, Inc., both as of December 31, 2010.
The statements in this press release that are not historical facts constitute "forward-looking statements" as defined by Federal Securities laws. Forward-looking statements can generally be identified by the use of forward- looking terminology such as "believes," "expects," "intends," "may," "will," "should," "anticipates" or similar terminology. Such statements, specifically regarding the Company's intentions regarding growth and market expansion, are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, changes in interest rates, deposit flows, loan demand and real estate values, as well as changes in economic, competitive, governmental, regulatory, technological and other factors which may affect the Company specifically, its existing and target market areas or the banking industry generally. Forward-looking statements speak only as of the date they are made. The Company will not update forward-looking statements to reflect factual assumptions, circumstances or events that have changed after a forward-looking statement was made. For further information, please refer to the Company's reports filed with the U.S. Securities and Exchange Commission.
SOURCE Frederick County Bancorp, Inc.
American Business Bank Declares Ten Percent Stock Dividend
LOS ANGELES--(BUSINESS WIRE)--AMERICAN BUSINESS BANK (Bank) (OTCBB:AMBZ) today announced that its Board of Directors has declared that the Bank will pay a ten percent stock dividend to shareholders of record as of March 31, 2011. According to Wes Schaefer, Vice Chairman and Chief Financial Officer of Los Angeles-based American Business Bank, all shareholders in the bank will receive their newly issued shares of stock in an amount equal to ten percent of their current holdings. The special dividend is payable on April 19, 2011.
“We have not strayed from our original concept: build our bank one customer at a time, creating a valuable relationship for both the customer and the Bank. We plan on continuing this philosophy.”
“The Executive Officers and Board felt that this dividend was an endorsement of the increasing value of the Bank, its having reached a milestone of asset size of over one billion dollars at the end of 2010 and a well deserved reward to our shareholders for their support over the years,” said Wes Schaefer.
“We are proud to have continued to build upon our past successes in reaching the billion dollar bank category. We have done so in a fiscally conservative manner and our strong balance sheet attests to that,” added Robert Schack, Chairman.
Don Johnson, President and CEO, said, “We have not strayed from our original concept: build our bank one customer at a time, creating a valuable relationship for both the customer and the Bank. We plan on continuing this philosophy.”
Founded in 1998, American Business Bank offers a wide range of financial services to businesses in the middle market. Clients include wholesalers, manufacturers, service businesses, professionals and non-profit organizations. The bank is headquartered in downtown Los Angeles and can be found on the Internet at www.americanbusinessbank.com.
Contacts
American Business Bank
Wesley E. Schaefer
Vice Chairman & Chief Financial Officer
213-430-4008
NEW YORK, March 14, 2011 /PRNewswire/ -- Mangrove Partners, owners of 149,373 shares representing approximately 5.71% of the outstanding shares of CPEX Pharmaceuticals, Inc. (Nasdaq: CPEX), today announced that it has sent a term sheet for a fully-financed dividend recapitalization to CPEX's Board of Directors to be implemented through a backstopped rights issue. Mangrove Partners estimates the consideration to shareholders at $34.73 per share, composed of a $28.00 per share special dividend, a tradable right, and ongoing ownership in the stock of CPEX. The financing commitments for the recapitalization are subject to the completion of customary confirmatory due diligence and definitive documentation, a process that Mangrove Partners believes could be completed in as little as two weeks with full cooperation from CPEX. The full letter and term sheet will be filed as exhibits to Mangrove Partners' 13D.
Mangrove Partners intends to vote against the proposed merger between CPEX and FCB I and continues to believe better alternatives are available to shareholders, most notably the fully-financed dividend recapitalization it has today presented to CPEX's Board of Directors.
Mangrove Partners has no current intention of proposing a control transaction for CPEX or of nominating any candidates to CPEX's Board of Directors. While any decision regarding management will be a matter for CPEX's Board of Directors, Mangrove Partners has no current intention of opposing leaving current management in place. Mangrove Partners urges CPEX's Board of Directors to consider its letter and attached term sheet as a friendly proposal to achieve maximum value for CPEX's stockholders.
Investors with questions concerning our reasons for voting against the merger should call Steven C. Balet or Geoff Sorbello at Okapi Partners LLC, which is advising Mangrove Partners, toll free at 1-877-285-5990.
$10.00 (maybe)
GRANGER, Ind.--(BUSINESS WIRE)--Schacht Value Investors, LLC, (Schacht Value), a value-oriented investment management and research firm, has called for strategic and financial changes at portfolio holding Rimage Corporation (Nasdaq: RIMG). In a letter to the Board of Directors dated March 2, 2011 Schacht Value seeks a “renewed focus on Rimage’s core business” and a “special dividend of at least $100 million, or approximately $10 per share.”
“special dividend of at least $100 million, or approximately $10 per share.”
In the letter, Henry W. Schacht, President and Chief Investment Officer of Schacht Value, asks the Board of Directors to “not burn its cash” on acquisitions, and “consider all options for increasing value, including a sale of the company.”
Schacht Value is an investment management and research company that adheres to a disciplined value approach, and is based in Granger, IN. Further information on Schacht Value can be found at its website, www.schachtvalue.com.
ModusLink Announces Special Cash Dividend
WALTHAM, Mass. -- ModusLink Global Solutions™, Inc. (NASDAQ: MLNK) today announced that its Board of Directors has approved a one-time payment to stockholders through a special dividend in order to return value to ModusLink stockholders.
The special cash dividend of $40 million in aggregate, or $0.9134 per share, will be funded by cash on the Company’s balance sheet. At January 31, 2011, the Company had cash totaling $154.2 million. After the special dividend is paid to stockholders, ModusLink believes it will have sufficient cash on hand to support ongoing business operations and execute its strategy for long-term growth.
“ModusLink is pleased to return value to our stockholders through this substantial special cash dividend,” said Joseph C. Lawler, chairman, president and chief executive officer. “We carefully evaluated our balance sheet, and given ModusLink’s liquidity, the Board unanimously determined that it was appropriate to return a portion of the cash on hand to stockholders. This one-time distribution also reflects the confidence we have in ModusLink and its ability to generate cash flow on a long term basis. ModusLink has a strong history of returning excess cash to our stockholders, and we remain committed to creating value for our stockholders as we continue to build upon our leadership position as a provider of global value chain solutions.”
*
The special dividend is payable on March 31, 2011 to stockholders of record as of March 17, 2011.
Read more: http://www.sunherald.com/2011/03/07/2921995/moduslink-announces-special-cash.html#ixzz1FxJHnO7X
Seeking alpha
The Highest Yielding Dividend Champions
http://seekingalpha.com/article/256288-the-highest-yielding-dividend-champions?source=hp_wc&wc_num=1
$3.00 dividend
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2011) - Pacific Northern Gas Ltd. (TSX:PNG)(TSX:PNG.PR.A) announced today that the Board of Directors has declared a special dividend of $3.00 per common share in addition to a regular quarterly dividend of $0.30 per share. The latest quarterly dividend is unchanged from the fourth quarter of 2010 but up from $0.28 in the first quarter of 2010. The total dividend of $3.30 per share is payable March 24, 2011 to shareholders of record at the close of business on March 15, 2011.
The special dividend of $3.00 per share represents approximately $11 million or 50 percent of the net proceeds (after taxes and related transaction related expenses) from the initial payment of $30 million received on March 2, 2011 upon the closing of the sale of PNG's 50 percent stake in Pacific Trail Pipelines Limited Partnership (PTP).
PNG also announced net income for the fourth quarter of 2010 was $4.0 million or $1.10 per share (basic), up 16 percent from $3.4 million or $0.95 per share in the fourth quarter of 2009. The basic earnings per common share are calculated after deducting preferred dividends of $0.1 million in the fourth quarter of 2010, unchanged from a year earlier.
"In the fourth quarter of 2010 our earnings benefited from the regulated pipeline component of our business and from lower expenditures on the proposed KSL pipeline," said Roy Dyce, PNG's President and Chief Executive Officer. "Demand for natural gas weakened, in part because of the loss of a significant industrial customer in the forest industry. But with new investment in mines, metal production and related infrastructure, as well as proposed LNG projects, natural gas demand in our service area is expected to recover."
Revenue in the fourth quarter of 2010 was $30.1 million, down 4 percent from $31.2 million in the same period in 2009. The decrease in revenue was mainly due to a decrease in off-system gas sales, partially offset by new revenue from the McNair Creek hydro-electricity generation facility (McNair), acquired in April 2010
Read more: http://www.digitaljournal.com/pr/237641#ixzz1FaIAyyWA
I just grabbed a few shares to get the divy. Going to hold it a little while and see what happens.
Chimera Investment Corporation
(NYSE: CIM ) Div & Yield: 0.68(15.80%)
After Hours: 4.30 Down 0.01 (0.23%) 7:42PM EST
ISIG $2.00 dividend !
Insignia also announced a series of actions approved by the Board of Directors at its meeting on February 22, 2011. First, the Board approved payment to the shareholders of a special dividend of $2.00 per share, to shareholders of record on April 1, 2011, with payment expected to be on May 2, 2011. Second, the Board also approved a Stock Repurchase Plan, authorizing the Company to repurchase up to $15,000,000 of the Company’s common stock from time to time on or before January 31, 2012,
http://insurancenewsnet.com/article.aspx?id=249177&type=newswires
Two Harbors Investment Corp. (TWO) Div & Yield: 1.60 (14.90%)
Also insider buying
http://finance.yahoo.com/q/it?s=TWO+Insider+Transactions
Frontier Oil Declares Special Cash Dividend Of $0.28 Per Share
2/22/2011 6:13 AM ET
(RTTNews) - Frontier Oil Corp. (FTO: News ) Tuesday said its board declared a regular quarterly cash dividend on the company's common stock of $0.06 per share.
In addition, the board declared a special cash dividend on the company's common stock of $0.28 per share. The cumulative $0.34 cash dividend is payable on March 21 to shareholders of record as of the close of business on March 7.
Separately, the company as well as Holly Corp. (HOC: News ) said both the companies will combine in an all-stock merger of equals transaction and the new company would have an enterprise value of $7 billion.
The new company, which will be named HollyFrontier Corp., will have a well-positioned refining asset base, enhanced growth opportunities and one of the best balance sheets in the industry. The transaction is expected to be completed early in the third quarter of 2011
CONSOLIDATED HCI HOLDINGS CORPORATION SHAREHOLDERS TO RECEIVE SPECIAL DIVIDEND OF $0.75 PER SHARE
Posted on: Fri, 11 Feb 2011 13:11:00 EST
Symbols: HCIHB
WOODBRIDGE, ON, Feb. 11, 2011 (Canada NewsWire via COMTEX) --
Consolidated HCI Holdings Corporation (TSX:CXA.B) announced today the declaration of a special dividend of Cdn.$0.75 per Class B Share. Shareholders of record at the close of business on February 21, 2011 will be entitled to receive payment of the dividend on March 4, 2011. This dividend will be an "eligible dividend" to Canadian resident individuals.
Consolidated HCI Holdings Corporation is an Ontario-based real estate and development company that trades on The Toronto Stock Exchange under the symbol "CXA.B"
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2011/11/c2057.html
SOURCE: Consolidated HCI Holdings Corporation
DALLAS, Feb. 10, 2011 /PRNewswire/ -- Kronos Worldwide, Inc. (NYSE: KRO) announced today that its board of directors has declared the following dividends:
1. a special cash dividend of one dollar($1.00) per share on its common stock payable on February 28, 2011 to stockholders of record at the close of business on February 21, 2011; and
2. a regular quarterly cash dividend of twenty five cents($0.25) per share on its common stock, payable on March 24, 2011 to stockholders of record at the close of business on March 10, 2011.
Steven L. Watson, Vice Chairman and Chief Executive Officer of Kronos Worldwide, said, "Throughout 2010, global customer demand for our titanium dioxide (TiO2) products continued to strengthen and our production facilities operated at near full practical capacity rates. As a result of improved TiO2 industry conditions, we implemented significant increases in TiO2 selling prices that resulted in increased profitability and cash flows. Even with such increased profitability, we currently believe that profit margins are significantly lower than necessary to reasonably justify green-field or other major expansions of TiO2 capacity. Provided global demand for TiO2 products remains strong, we expect the low level of worldwide TiO2 inventories to continue for several years, and anticipate further implementation of TiO2 selling price increases. Based on these positive market dynamics in the TiO2 industry, we expect our profitability and cash flows to significantly increase in 2011 and the foreseeable future.
As a result the factors noted above, the results of our successful public offering of common stock in the fourth quarter of 2010 and our expectations for the future, we believe we have more than sufficient liquidity to prudently invest in our current operating facilities and business, retain the ability to expand our production capacity, either through the acquisition of certain existing TiO2 facilities that may become available or the construction of new TiO2 facilities when such expansion becomes justified, and responsibly manage our debt. Considering these factors, our management and board of directors have concluded that it is appropriate to declare and pay the special dividend in addition to the continuation of our regular quarterly dividend."
4 Foreign Stocks with 8%-Plus Dividends
If you are an income investor, you may think overseas investing is best left to the pros. But you'd be wrong. A bit of research shows plenty of low-risk opportunities for U.S. investors seeking high yields in the global market.
Investing globally is a good idea because it provides a chance to participate in the faster-growing economies of emerging markets like Brazil, which International Monetary Fund (IMF) forecasts will grow 4.5% this year - much faster than the U.S. growth rate of 3%. Looking abroad also provides more choices and the ability to diversify risk across multiple economies and geographies.
In addition, investing overseas often earns better returns. For example, the S&P gained 23.5% last year, but returns for emerging markets in Brazil, India and China were 80% or higher. The developed markets of Australia and Canada returned more than 30%.
Foreign stocks also tend to have better yields because overseas companies typically distribute more of their cash flow back to investors. The yield on the S&P 500 currently averages less than 2%, but stocks in the developed markets of Europe and the Pacific Rim often yield more than 3%, with some exceeding 5%. Foreign companies also grow dividends faster. Dividend increases by companies in Europe's Dow Jones Stoxx 600 Index averaged dividend increases of nearly 11% last year. Brazil's Bovespa Index posted 10% dividend growth.
Of course, finding good foreign stocks and investing in overseas markets can be challenging. Fortunately, there are a number of foreign companies that trade on U.S. stock exchanges just like U.S. companies. Here are four that pay big dividends...
1. France Telecom (NYSE: FTE)
Yield: 8%
France Telecom is a leading provider of telecommunications services to businesses and consumers in France and Spain. This telecom giant has a $60 billion market value and generated income exceeding $3.95 billion last year. It also has a strong balance sheet, with cash exceeding $4.29 a share. France Telecom pays a $1.75 annual dividend and yields 7.7%. Dividend payout is comfortable at 78% and prospects for dividend increases are favorable. Analysts expect this company to grow earnings at 8.5% a year for the next five years.
2. Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL)
Projected Yield: 11%
Gol Linhas Aereas Inteligentes S.A. is a discount air carrier operating in Latin America. The company offers 860 daily flights serving major cities in Brazil and the rest of South America. Gol Linhas Aereas is a mid-sized company with a market value of $3.8 billion and a liquid balance sheet. Cash per share is almost twice the current $1.59 dividend rate. This company is benefitting from the robust growth of the South American economy, which is enabling Gol Linhas Aereas to expand earnings at a double-digit rate. Analysts target earnings growth for the next five years at 14% a year. With a strong cash position and modest 39% dividend payout, Gol Linhas Aereas is well-positioned to grow the dividend.
3. Himax Technologies (Nasdaq: HIMX)
Yield: 10%
Headquartered in Taiwan, Himax Technologies is a leading manufacturer of the semiconductors used in flat panel displays. This company is small compared to the other picks, with only a $450 million market capitalization and annual income of $32.6 million last year. There is nothing small about its cash position, however: Himax has much more cash than debt and cash per share is nearly twice the $0.24 annual dividend.
Payout from earnings is high at 250%, but cash flow provides ample coverage. Himax produced cash flow of $73.6 million last year and paid $55.5 million in dividends. The semiconductor industry is cyclical and Himax is still feeling the lingering effects of the recession. One of the effects was greatly reduced demand for flat panel displays. The global economic recovery appears to be picking up steam, however, and analysts predict Himax'a earnings will climb 38% next year and 15% a year for the next five years. This high earnings growth should enhance prospects for further dividend increases.
4. Partner Communications Co. Ltd. (Nasdaq: PTNR)
Projected Yield: 9%
Partner Communications Co. provides mobile telecommunications services in Israel. Analysts expect this Steady Eddie to produce 8% growth in earnings this year and growth averaging 7% a year for the next five years. Partner pays a $1.64 annual dividend and yields 8.5%.
The shares are also trading close to a five-year low price-to-earnings (P/E) ratio, at 8.7 times last year's earnings. The company trades for only a 2.6 times next year's projected earnings. Partner is a mid-sized company based on its $2.9 billion market value and income of $340 million last year. Dividend payout is a bit rich at 98%, but Partner generates more than enough cash flow to cover the dividend. Cash flow of $463 million last year easily covered $260 million in dividend payments. Partner also has an impressive track record for dividend growth. In the past three years, the dividend has increased nearly 38%.
ST. LOUIS, Feb. 7, 2011 /PRNewswire/ -- On February 7, 2011, FutureFuel Corp. (OTC Bulletin Board: FTFL) filed a Form 8K with the Securities and Exchange Commission declaring a special cash dividend of $0.10 per share. The board of directors of FutureFuel Corp. (the "Company") has declared a special cash dividend of U.S. $0.10 per share on the Company's common stock, with a record date of March 1, 2011. The dividend is payable March 15, 2011.
The Company also announced that, on February 4, 2011, Christopher J. Schmitt was appointed the interim chief financial officer of the Company's wholly-owned subsidiary, FutureFuel Chemical Company ("FFCC"). Mr. Schmitt, age 32, was a middle distillates operator for A.I.C. Limited from September 2009 to February 2011. A.I.C. Limited is an affiliate of the Company's chairman, Paul A. Novelly. In this position, Mr. Schmitt assisted with the management and logistics of middle distillate product movements in Northwest Europe. From 2003 to September 2009, Mr. Schmitt served as vice president of Pinnacle Consulting, Inc., an accounting and financial consulting firm based in St. Louis, Missouri. Pinnacle Consulting, Inc. performs services for the Company's chairman and affiliates of the Company's chairman. Prior to that, Mr. Schmitt served as an auditor for the accounting firms Arthur Andersen & Co. and KPMG LLP. Mr. Schmitt is a licensed certified public accountant and a CFA charter holder. There is no arrangement or understanding between Mr. Schmitt and any other person pursuant to which he was or is to be selected as an officer. There is no family relationship between any director or executive director of the Company and Mr. Schmitt. The Company has not entered into any transaction with Mr. Schmitt since the beginning of the Company's last fiscal year. There is no plan, contract, or arrangement maintained by the Company to which Mr. Schmitt is a party or in which he participates. Mr. Schmitt replaces Martin Rector, who served as interim chief financial officer of FFCC since September 1, 2010. Mr. Rector will return to Apex Oil Company, Inc. (another affiliate of the Company's chairman) as its tax manager. The Company appreciates the valuable service of Mr. Rector during this transition period.
FutureFuel Corp. was created in 2005. In October 2006, the Company purchased FutureFuel Chemical Company (formerly named "Eastman SE, Inc."), the owner and operator of a chemical and biodiesel manufacturing facility located near Batesville, Arkansas. Since then, the Company has worked to become a leader in the U.S. biofuel industry, while maintaining the Batesville facility's status as a world-class specialty chemical manufacturer.
SOURCE FutureFuel Corp.
Diamond Offshore Declares Special Cash Dividend of $0.75 Per Share
Also Declares Regular Cash Dividend of $0.125 Per Share
HOUSTON--(BUSINESS WIRE)--Diamond Offshore Drilling, Inc. (NYSE: DO) 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 February 28, 2011 to shareholders of record on February 11, 2011.
The Board reiterated its stated policy of considering paying special cash dividends, in amounts to be determined, on a quarterly basis. Any determination to declare a special dividend, as well as the amount of any special dividend that may be declared, will be based on the Company's financial position, earnings, earnings outlook, capital spending plans, and other relevant factors at that time.
Diamond Offshore provides contract drilling services to the energy industry around the globe and is a leader in deepwater drilling. Additional information on Diamond Offshore Drilling, Inc. and access to the Company’s SEC filings is available on the Internet at www.diamondoffshore.com.
Bexil Corporation Announces Record and Payment Dates for Special Dividend
NEW YORK, NY--(Marketwire - February 2, 2011) - Bexil Corporation ("Bexil") (PINKSHEETS: BXLC) announced today that the record and payment dates for the special dividend of $.20 per share of common stock will be as follows:
Record Date February 15, 2011
Payment Date February 28, 2011
As announced previously, the Board of Directors of Bexil authorized a special dividend to stockholders contingent upon the closing of the Transaction Agreement with Chartwell Investment Partners, L.P. The closing occurred on February 1, 2011. Upon closing, Bexil Advisers LLC, a wholly owned subsidiary of Bexil, became the investment adviser to Chartwell Dividend and Income Fund, Inc.
About Bexil Corporation
Bexil is a holding company. To learn more about Bexil, including Rule 15c2-11 information, please visit www.bexil.com. Certain affiliates of Bexil are engaged in stock market and gold investing through investment management of equity and gold mutual funds, closed end funds, and proprietary trading.
On watch for dividend news anytime (soon)
http://investorshub.advfn.com/boards/board.aspx?board_id=3291
Sara Lee Corp. said this morning it will divide itself two publicly traded companies. The plan, which has been approved by Sara Lee’s board, divides the company into North American and European divisions.
Sara Lee’s North American retail business, which includes its sausage and cheesecake and its North American foodservice business, will keep the Sara Lee name, and have an estimated $4.1 billion in annual revenue.
The second company, yet to be named, will consist of its international beverage business, which makes Senseo and Douwe Egberts coffees, and its international bakery business, which makes bread. The company will have an estimated $4.6 billion in annual revenue.
Sara Lee will also issue a $3 special dividend to shareholders.
The separation is expected to be completed by the end of this calendar year or early 2012.
“We have carefully considered various strategic alternatives, including unsolicited indications of interest in the company,” James Crown, Sara Lee’s chairman of the board, said in a statement. “We believe that the spin-off, plus the one-time special dividend, offers the greatest potential for delivering long-term shareholder value.”
Crown added that the two companies “will have their own distinct growth strategies within their respective core markets that will attract a more focused shareholder base.”
No information was immediately available as to what this means for the company’s 1,000 Chicago-area employees. The company will provide additional information during a Web cast with investors at 9 a.m.
This decision caps off months, and even years, of speculation about the dissolution of Sara Lee, which once sold everything from pantyhose, bug spray, undershirts to purses and bread, in addition to coffee, sausage and cheesecake. In recent months, the company has announced or completed a handful of sales that leaves a company essentially focused on North American packaged meat and European coffee.
Speculation that the company was on the brink of accepting a buyout offer has brought Sara Lee stock to a series of consecutive 52-week highs since December. Reports that the company had turned away suitors began taking a toll on stock Wednesday.
The company also announced a number of executive appointments.
Jan Bennink, 54, will serve as executive chairman, effective immediately. Bennick will be responsible for leading and implementing the spin-off. Crown will stay on as a board member and lead independent director.
Marcel Smits, 49, will serve as chief executive officer. He has been standing in as interim CEO since Brenda Barnes left in May.
Mark Garvey, 46, will serve as the company’s chief financial officer, and CJ Fraleigh, 47, currently CEO, North America, will head the new North American Retail and Foodservice business following the spin-off.
http://chicagobreakingbusiness.com/2011/01/sara-lee-announces-plans-to-split-in-2.html
thanks.. those ex-dates have already all passed fwiw
thanks for the heads up on this one
It`s not to late to get this special dividend and the stock is trading at $4.45
SHENZHEN, China, Jan.18, 2011 /PRNewswire-Asia-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE:NPD - News) ("China Nepstar" or the "Company"), the largest drugstore chain in China based on the number of directly operated stores, today announced that the Board of Directors has declared a special cash dividend of US$0.30 per American Depositary Share (ADS), which represents a total value to shareholders of approximately US$31 million. The distribution of the special dividend is conditional upon the approval of the relevant PRC government authorities. The special dividend is payable before or around February 28, 2011 to shareholders of record as of the close of business on January 31, 2011.
About China Nepstar Chain Drugstore Ltd.
China Nepstar Chain Drugstore Ltd. (NYSE:NPD - News) is China's largest retail drugstore chain based on the number of directly operated stores. As of September 30, 2010, the Company had 2,577 stores across 74 cities, one headquarter distribution center and 13 regional distribution centers in China. Nepstar uses directly operated stores, centralized procurement and a network of distribution centers to provide its customers with high-quality, professional and convenient pharmacy services and a wide variety of other merchandise, including OTC drugs, nutritional supplements, herbal products, personal care products, family care products, and convenience products including consumables. Nepstar's strategy of centralized procurement, competitive pricing, customer loyalty programs and private label offerings has enabled it to capitalize on the robust economic growth in China and to take advantage of the demographic trend in China to achieve a strong brand and leading market position. For further information, please go to http://www.nepstar.cn
AIG warrant dividend. So this is a question for everyone I recently picked up 50 shares of AVF on january 3rd. I would have got more but my broker never (and still hasn't) gotten back to me on wether or not AVF gets the dividend issued, anyone know if the AIG prefered stock gets the dividend?
anyways if anyone sees any more of these warrant dividends issued please post. Someone (I forget who) posted about BBLU's dividend and I made $500 on the stock bought 1.40 sold 2.00 plus got the warrant dividends. I think these are interesting investments please post if you find them.
TORONTO (Reuters) - Sprott Inc (SII.TO: Quote) shares jumped nearly 8 percent to hit a 2-1/2-year high on Monday after the Canadian hedge fund manager declared a special dividend and said it would likely pay out another in the near future.
Toronto-based Sprott will pay 60 Canadian cents a share to shareholders of record at the close of business on January 19. It said it expects to follow that with a second payment once its annual financial statements have been audited and approved by the board of directors.
Sprott said last week that it generated more than C$193 million in gross performance fees in 2010, and said it planned to pay out a "substantial portion" to shareholders.
Shares of Sprott, which was founded by Bay Street contrarian investor Eric Sprott and taken public in 2008, were up 61 Canadian cents at C$8.59 on the Toronto Stock Exchange, their highest level since July 2008.
(Reporting by Cameron French; editing by Rob Wilson
AGNC is the highest dividend yield that I can find. Considering the norm, this may constitute an insane dividend.
Bexil Corporation Announces Special Dividend
NEW YORK, NY--(Marketwire - January 6, 2011) - Bexil Corporation (PINKSHEETS: BXLC) announced today that the Board of Directors has authorized a special dividend to stockholders of $.20 per share of common stock contingent upon the closing of the Transaction Agreement with Chartwell Investment Partners. Upon closing, Bexil Advisers, a wholly owned subsidiary of Bexil, will become the investment adviser to Chartwell Dividend & Income Fund (the "Fund") (NYSE: CWF).
The Transaction Agreement is expected to close on or about the first business day after receipt of stockholder approvals of a new investment advisory agreement and election of a new slate of directors, and satisfaction of the other conditions of the Transaction Agreement. Special meetings of Fund stockholders to consider the new investment advisory agreement and elect directors are currently scheduled for January 31, 2011, subject to adjournment and postponement.
The record date and payment date for the special dividend will be announced after the closing.
About Bexil Corporation
Bexil is a holding company. To learn more about Bexil Corporation, including Rule 15c2-11 information, please visit www.bexil.com. Approximately 22% of Bexil's shares are owned by Winmill & Co. Incorporated (PINKSHEETS: WNMLA), which is engaged through subsidiaries in stock market and gold investing through its investment management of equity and gold mutual funds.
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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
DIVIDEND RANK:
#1
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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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