Dividends Value » NJR

23 Dividend Stocks Paying More Cash *

D4L — Fri, 19 Nov 2010 07:30:30 +0000

When selecting income investments, the three most important questions to answer are : 1.) Is the investment increasing its dividend each year, 2.) Is the increase likely to continue into the future and 3.) Are you being compensated for the risk you are taking? When you answer yes to all three of the questions, you just might have found an excellent income investment.

Below are several dividend stocks that recently rewarded their shareholders with increased cash dividends:

Wendy’s/Arby’s (WEN) the combined restaurant systems include more than 10,000 restaurants in 50 states and 21 countries worldwide. November 12th the company increased its quarterly dividend 33%to $0.015/share. The dividend is payable on December 15, 2010 to Wendy’s/Arby’s Group, Inc. stockholders of record as of December 1, 2010. The ex-dividend date is November 29, 2010. The yield based on the new payout is 1.7%.

Sysco Corp. (SYY) is a large distributor of food and related products, primarily to the foodservice or food-away-from-home industry. November 12th the company raised its quarterly dividend 4% to $0.26/share. The dividend is payable on January 28, 2011, to common shareholders of record at the close of business on January 7, 2011. The ex-dividend date is January 5, 2011. SYY is a Dividend Achiever and has raised its dividend for 41 consecutive years. The yield based on the new payout is 3.6%.

Intel (INTC) is the world’s largest manufacturer of microprocessors, the central processing units of PCs, and also produces other semiconductor products. November 12th the company increased its quarterly dividend 13% to $0.18/share. The yield based on the new payout is 3.4%.

Adams Resources & Energy (AE) is engaged in the business of marketing crude oil, natural gas and petroleum products. November 12th the company raised its quarterly dividend 8% to $0.54/share. The dividend is payable on December 15, 2010 to shareholders of record as of December 1, 2010. The yield based on the new payout is 2.3%.

Chicago Rivet & Machine (CVR) produces and sells rivets, cold-formed fasteners, screw machine products, automatic rivet setting machines, parts and tools for such machines, and leases machines. November 15th the company increased its quarterly dividend 20% to $0.12/share. The dividend is payable December 20, 2010 to shareholders of record at the close of business on December 3, 2010. The ex-dividend date is December 1, 2010. The yield based on the new payout is 2.6%.

Mattel (MAT) is a large toy company whose brands and products include Barbie dolls, Fisher-Price toys, American Girl dolls and books, and Hot Wheels. November 15th the company raised its annual dividend 10.7% to $0.83/share. The dividend is payable on December 16, 2010, to stockholders of record on December 3, 2010. The ex-dividend date is December 1, 2010. The yield based on the new payout is 3.4%.

Elbit Systems (ESLT) is an international defense electronics company. November 16th the company increased its quarterly dividend 22% to $0.36/share. The dividend’s record date is November 30, 2010, and the dividend will be paid on December 13, 2010. The ex-dividend date is November 26, 2010. The yield based on the new payout is 2.9%.

Comerica (CMA) is a bank holding company based in Dallas with operations in Michigan, California, Texas, Arizona, and Florida. November 16th the company raised its quarterly dividend 100% to $0.10/share. The dividend is payable on Jan. 1, 2011, to shareholders of record on Dec. 15. The yield based on the new payout is 1.1%.

Montpelier Re (MRH) provides insurance and reinsurance solutions to the global market. November 16th the company increased its quarterly dividend 11% to $0.10/share. The dividend is payable on January 14, 2011, to all shareholders of record as of December 31, 2010. The ex-dividend date is December 29, 2010. The yield based on the new payout is 2.1%.

MeadWestvaco Corp. (MWV) is primarily a major producer of paperboard packaging used in a variety of consumer markets. November 17th the company raised its quarterly dividend 9% to $0.25/share. The dividend is payable on December 1, 2010, to stockholders of record at the close of business on November 26, 2010. The ex-dividend date is November 24, 2010. The yield based on the new payout is 3.9%.

S.Y. Bancorp (SYBT) provides commercial banking, personal banking, investment management, and trust services in the United States. November 17th the company increased its quarterly dividend 6% to $0.18/share. The dividend is payable January 3, 2011, to stockholders of record as of December 13, 2010. The ex-dividend date is December 9, 2010. The yield based on the new payout is 3.0%.

Teck Resources (TCK) is engaged in mining and related activities. November 17th the company raised its semi-annual dividend 54% to $0.30/share. The dividend is payable January 4, 2011, to shareholders of record at the close of business on December 15, 2010. The ex-dividend date is December 13, 2010. The yield based on the new payout is 1.3%.

Johnson Controls (JCI) supplies building controls and energy management systems, automotive seating, and batteries. November 17th the company increased its quarterly dividend 23% to $0.16/share. The dividend is payable January 4, 2011 to shareholders of record at the close of business on December 10, 2010. The yield based on the new payout is 1.7%

New Jersey Resources (NJR) is an energy services holding company providing retail and wholesale energy services to customers in states from the Gulf Coast to the New England regions. November 17th the company raised its quarterly dividend 5.9% to $0.36/share. The dividend is payable January 3, 2011 to shareholders of record on December 15, 2010. The ex-dividend date is December 13, 2010. NJR is a Dividend Achiever and has raised its dividend for 16 consecutive years. The yield based on the new payout is 3.5%.

Schawk (SGK), one of the world’s largest providers of digital graphics services, designs, creates and manages images and text for reproduction to precise specifications for a variety of promotional and advertising media. November 18th the company increased its quarterly dividend to $0.08/share. The dividend is payable on December 30, 2010, to stockholders of record as of December 13, 2010. The ex-dividend date is December 9, 2010. The yield based on the new payout is 1.9%.

Neenah Paper (NP) is a leading international producer and distributor of premium fine papers and technical products used in filtration, tape, abrasives, and other specialty markets. November 18th the company raised its quarterly dividend 10% to $0.11 per share. The dividend is scheduled to be paid in March 2011. The yield based on the new payout is 2.5%.

Union Pacific (UNP) operates the largest U.S. railroad, with over 32,000 miles of rail serving the western two-thirds of the country. November 18th the company increased its quarterly dividend 15% to $0.38/share. The dividend is payable on Jan. 3 to shareholders of record on Nov. 30. The ex-dividend date is Nov. 26. The yield based on the new payout is 1.66%.

Brown-Forman (BF-A) manufactures, bottles, imports, exports and markets a variety of alcoholic beverage brands. November 18th the company raised its quarterly dividend 6.7% to $0.32/share. The dividend is payable December 27, 2010, to shareholders of record as of December 7, 2010. The ex-dividend date is December 3, 2010. The yield based on the new payout is 2%.

Campbell Soup (CPB) is a major producer of branded soups and other grocery food products. November 18th the company raised its quarterly dividend 5% to $0.29/share. The dividend is payable on January 31, 2011 to shareholders of record at the close of business on December 27, 2010. The ex-dividend date is December 23, 2010. The yield based on the new payout is 3.4%.

NSTAR (NST) serves some 1.4 million electric and natural gas customers in Massachusetts, has agreed to be acquired by Northeast Utilities. November 18th the company raised its quarterly dividend 6.3% to $0.425/share. The dividend is payable February 1, 2011 to shareholders of record as of January 7, 2011. The ex-dividend date is January 5, 2010. NST is a Dividend Achiever and has raised its dividend for 12 consecutive years. The yield based on the new payout is 4.1%.

Ruddick (RDK) derives the bulk of its sales from its Harris Teeter supermarket chain, which operates in eight southeastern states. It also manufactures thread and yarn. November 18th the company increased its quarterly dividend to $0.13/share. The dividend is payable on January 1, 2011, to shareholders of record on December 10, 2010. The yield based on the new payout is 1.4%.

Nike (NKE) is the world’s leading designer and marketer of high-quality athletic footwear, athletic apparel, and accessories. November 18th the company raised its quarterly dividend 6.9% to $0.31/share.The dividend is payable on Dec. 30 to shareholders of record on Dec. 6. The ex-dividend date is Dec. 2. The yield based on the new payout is 1.5%.

Laclede Group (LG) primarily distributes natural gas on a retail basis in St. Louis and nearby suburban areas. November 18th the company raised its quarterly dividend 2.5% to $0.405/share. The dividend is payable on January 4, 2011, to shareholders of record on December 10, 2010. The ex-dividend date is December 8, 2010. The yield based on the new payout is 4.6%.

Selecting stocks with increasing dividends is critical for an income growth strategy. The above list contains stocks that recently raised their dividends; it is not a list of recommend buys. As always, due diligence should be performed before buying or selling any stock. For a list of stocks with a long string of consecutive cash dividend increases, see this list.

Full Disclosure: Long SYY, INTC. See a list of all my income holdings here.

(Photo Credit)

11 Dividend Stocks Giving You More To Spend *

D4L — Fri, 04 Dec 2009 10:30:20 +0000

You can’t spend earnings! At first glance, this seems like an odd statement, possibly even incorrect. However, it is not only correct, but an important axiom for all types of investors. Through fraud and manipulation financial statements can be made to look quite impressive, but the cash that arrives in your brokerage account is real.

An increasing cash dividend keeps pressure on management to ensure the company is well run. If there are too many missteps, eventually the dividend will slip. Here are several stocks where management recently met the challenge by raising their cash dividends:

New Jersey Resources (NJR) supplies gas to more than 478,000 customers in central and northern New Jersey. December 1st the company increased its quarterly dividend 10% to $0.34/share. The dividend will be paid January 4, 2010 to shareholders of record on December 15, 2009. The ex-dividend date is December 11, 2009. The yield based on the new payout is 3.78%.

Toro Co. (TTC) makes, and markets outdoor maintenance and beautification products for home, recreation, and commercial landscapes. December 2nd the company raised its quarterly dividend 20% to $0.18/share. The dividend is payable on January 12, 2010 to shareholders of record on December 18, 2009. The ex-dividend date is December 16, 2009. The yield based on the new payout is 1.77%.

Lincoln Electric (LECO) manufactures arc welding products, robotic welding systems, and oxyfuel cutting equipment. December 2nd the company boosted its dividend 3.7% to $0.28/share. The dividend is payable January 15, 2010, to shareholders of record on December 31, 2009. The yield based on the new payout is 2.02%.

Enbridge (ENB) transports crude oil and other liquid hydrocarbons; and engages in gas utility operations that serve residential, commercial, industrial customers in Canada. December 2nd the company increased its quarterly dividend 15% to $0.425/share. The dividend is payable on March 1, 2010 to shareholders of record on February 15, 2010. The yield based on the new payout is 3.67%.

Nucor Corporation (NUE) the largest minimill steelmaker in the U.S. with one of the most diverse product lines of any steelmaker in the Americas. December 2nd the company raised its quarterly dividend 3% to $0.36/share. The dividend is payable on February 11, 2010 to stockholders of record on December 31, 2009. The ex-dividend date is December 29, 2009. Yield on the dividend is 3.2%. NUE is a Dividend Achiever and has increased its dividend for 36 consecutive years. The yield based on the new payout is 3.29%.

Universal Health Realty Income Trust (UHT) is a real estate investment trust invests in healthcare and human service related facilities. December 2nd the company boosts its quarterly dividend to $0.60/share. The dividend will be paid on December 31, 2009 to shareholders of record as of December 16, 2009. The yield based on the new payout is 7.86%.

Hillenbrand (HI) manufactures and sells gasketed caskets made of carbon steel, stainless steel, copper & bronze; offers a cremation marketing system for funeral service professionals. December 2nd the company increased its quarterly Dividend to $0.1875/share. The dividend is payable December 31, 2009, to shareholders of record at the close of business on December 17, 2009. The yield based on the new payout is 3.94%.

Comcast (CMCSA) is the largest U.S. cable multiple system operator (MSO), as well as a provider of cable programming content. December 3rd jumped its annual dividend 40% to $0.378/share. The dividend is payable on January 27, 2010 to shareholders of record as of the close of business on January 6, 2010. The yield based on the new payout is 2.38%.

Cameco Corporation (CCJ) explores, develops, mines, refines, converts, and fabricates uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and globally. December 3rd the company increased it annual dividend 17% to $0.28/share. The company’s board of directors also declared a quarterly cash dividend of $0.06 per common share, payable on January 15, 2010 to shareholders of record on December 31, 2009. The yield based on the new payout is 0.71%.

OGE Energy (OGE) delivers and manages electricity and natural gas primarily in the south central United States. December 3 the company raised its annual dividend to $1.45/share. The dividend will be paid Jan. 29, 2010, to shareowners of record Jan. 8, 2010. The yield based on the new payout is 4.05%.

Ecolab (ECL) is the leading worldwide marketer of cleaning, sanitizing and maintenance products and services for the hospitality, institutional and industrial markets. December 3rd the company boosted its quarterly 11% to $0.155/share. The dividend will be paid January 15, 2010, to shareholders of record at the close of business on December 15, 2009. The ex-dividend date is December 11, 2009. ECL is a Dividend Achiever and has increased its dividend for 18 consecutive years. The yield based on the new payout is 1.37%.

Earnings can be manufactured, cash can not. One sign of a company’s ability to generate cash is an ever-increasing dividend. For a list of stocks with a long string of consecutive dividend increases, see this list.

Full Disclosure: Long NUE. See a list of all my income holdings here.

(Photo Credit)

Looking for the Perfect Dividend Stock *

D4L — Fri, 14 Nov 2008 11:30:00 +0000

In an utopian world, the perfect dividend stock would be one that is both high-yield and provide a high dividend growth rate. Its share price would appreciate ratable with its increasing dividend. All of this would be driven by increasing earnings and cash flow.

I haven’t found the perfect dividend stock yet. However, here are several stocks that recently raised their raised their cash dividends:

Community Trust Bancorp (CTBI) Boosts Qtr. Dividend by 3.45% to $0.30/Share (4.11%)
Baxter International (BAX) Raises Qt Dividend 20% to $0.26/Share (1.76%)
Automatic Data Processing (ADP) Increases Qtr. Dividend 13% to $0.33/Share (3.88%)
Massey Energy (MEE) Boosts Qtr. Dividend 20% to $0.06/Share (1.43%)
Bob Evans Farms (BOBE) Raises Qtr. Dividend by 14.3% to $0.16/Share (3.83%)
Equity LifeStyle Properties (ELS) Increases Qtr. Dividend by 25% to $0.25/Share (2.29%)
CNB Financial (CCNE) Boosts Qtr. Dividend by 3% to $0.165/Share (5.28%)
BorgWarner (BWA) Raises Qtr. Dividend 9% to $0.12/Share (2.80%)
New Jersey Resources (NJR) Increases Qtr. Dividend by 10.7% to $0.31/Share (3.15%)
Adams Resources & Energy (AE) Boosts Annual Dividend by 6% to $0.50/Share (2.82%)

After running these companies through my D4L-PreScreen.xls model, none of the above stocks qualified as the perfect dividend stock or even justified a more complete evaluation. CTBI, ADP and BWA had positive NPV of MMA Differentials, but below the level that would warrant a more detailed evaluation. I guess I will have to keep looking for the elusive perfect dividend stock.

Disclosure: No position in any of the aforementioned stocks.

(Photo: Steve Woods)