Over the past week, the following companies made important announcements regarding their future dividend payments…
Dividend Increases
- Wells Fargo (WFC) raises dividend 14% to $.25 from $.22 per share. The dividend is payable March 1 to stockholders of record on February 1.
- Valero Energy (VLO) announced a quarterly dividend increase to $.20 from $.175 per share. The dividend is payable on March 13 to holders of record at the close of business on February 13.
- Bar Harbor Bankshares (BHB) declared a quarterly cash dividend of $.305 per share of common stock, representing an increase of $.05, or 1.6% compared with the prior quarter, and an increase of $.02 or 7.0% compared with the Q1 of 2012. The quarterly cash dividend is payable to all shareholders of record as of the close of business February 15 and will be paid on March 15.
- Realty Income Corporation (O) announced an increase in the company’s common stock monthly cash dividend to $.1809167 per share from $15175 per share. The dividend is payable on February 15 to shareholders of record as of February 1. The new dividend amount represents an annualized increase of $.35 per share, or 19.2%, to $2.171 per share, as compared to the previous annualized dividend amount of $1.821 per share.
- Beam Inc. (BEAM) declared an increase in its dividend by $.10 to annual rate of $.90. The dividend will increase $.08 per share to an annual rate of $.90 (payable $.225 per quarter) from $.82 per share ($.205 per quarter).
- Comerica Incorporated (CMA) declared a quarterly cash dividend increase of 13% to 17 per share. The dividend is payable April 1 to common stock shareholders of record on March 15.
- Rollins (ROL) announced a 12.5% increase in the company’s quarterly cash dividend. The increased regular quarterly cash dividend of $.09 per share, up from $.08 per share, will be payable March 8 to stockholders of record at the close of business February 8.
- Healthcare Services Group’s (HCSG) declared a quarterly cash dividend of $.16625 per common share, payable on March 15 to shareholders of record at the close of business on February 22. This represents the 39th consecutive quarterly cash dividend payment, as well as the 38th consecutive increase since our initiation of quarterly cash dividend payments in 2003.
- First Community Bancshares (FCBC) announced a quarterly cash dividend to common shareholders of $.12 per common share, up from $.11 per share. The current dividend represents an increase of 9% over the prior quarter’s dividend and an increase of 20% over the prior year’s dividend. The current dividend also represents a yield of approximately 3% on recent common stock trading values. The quarterly dividend is payable to common shareholders of record on February 8, and is expected to be paid on or about February 22.
- BB&T (BBT) declared a quarterly dividend increase to $.23 from $.20 per share. The dividend is payable March 1 to shareholders of record at the close of business on February 8.
- Canadian National (CNI) declared a quarterly dividend increase of 15% to C$0.43. The dividend will be paid on March 28, to shareholders of record at the close of business on March 7.
- Herman Miller (MLHR) announced a dividend increase to $.125 from $.09. Payment will be made on April 15 to shareholders of record at the close of business on March 2.
- Access National (ANCX) declared a cash dividend of $.09 per share, up from $.01 per share, for holders of record as of February 11 and payable on February 25. This dividend is in addition to the $.70 non-routine dividend paid in the Q4 of 2012 and represents a $.01 increase from the prior quarter and a $.08 cumulative increase over the past 2 years.
- Williams Partners (WPZ) announced that the regular quarterly cash distribution its unitholders receive has been increased to $.8275 per unit. The board of directors of the partnership’s general partner has approved the quarterly cash distribution, which is payable on February 8 to unitholders of record at the close of business on February 1. The new per-unit amount is an 8.5% increase over the partnership’s distribution of $.7625 per unit that was paid in February 2012. It is also a 2.5% increase over the partnership’s previous quarterly distribution of $.8075 per unit.
- Global Partners (GLP) declared a quarterly cash distribution of $.57 per unit, an increase of 7% on all of its outstanding common units for the period from October 1 through December 31, 2012. The distribution will be paid February 14 to unitholders of record as of the close of business February 5. The distribution to be paid in February represents a 7% increase over the quarterly distribution of $.5325.
- Energen (EGN) increased the quarterly cash dividend 3.6% to $.145 per share. On an annualized basis, the company’s new dividend rate is $.58 per share. The dividend is payable March 1, to shareholders of record on February 15.
- MainSource (MSFG) declared a Q1 common dividend of $.06 per share, an increase of 50%. This represents an increase of $.03 per share from the dividend paid during the previous quarter. The dividend is payable on March 15 to common shareholders of record as of March 5.
- First Horizon (FHN) announced a dividend increase to $.05 from $.01 per share. The dividend is payable April 1 to shareholders of record as of March 15.
- Harleysville Savings (HARL) announced a quarterly dividend increase to $.21 per share. This is an increase of 10.6% from the prior year’s dividend. The cash dividend will be payable on February 20 to stockholders of record on February 6.
- Allete (ALE) declared an increase in its quarterly dividend by 3.3%. The new $.475 dividend is payable March 1 to common shareholders of record at the close of business on February 15.
- Marine Products’ (MPX) declared a 50% increase to the regular quarterly cash dividend from $.02 to $.03 per share payable March 8 to common stockholders of record at the close of business on February 8.
- RPC (RES) declared a 25% increase to the regular quarterly cash dividend from $.08 per share to $.10 per share payable March 8 to common stockholders of record at the close of business on February 8.
- Praxair (PX) announced a quarterly dividend increase by 9%. The board has increased the quarterly dividend to $.60 from $.55. The dividend is payable on March 15 to shareholders of record on March 7.
- Arthur J. Gallagher & Co. (AJG) declared a $.35 per share quarterly cash dividend on the company’s common stock, a $.01 increase over the prior quarter’s dividend. The dividend will be payable on March 20 to stockholders of record as of March 4.
- Health Care REIT (HCN) announced an increase in its cash dividend for the quarter ended December 31, to $.765 per share from $.74 per share. The dividend will be payable February 20, to stockholders of record on February 5.
- Mid-Con Energy Partners (MCEP) declared an increase in the quarterly cash distribution rate to $.495 per unit for the quarter ended December 31, 2012. This represents an approximate 2% sequential increase over the $.485 per unit rate declared for the quarter ended September 30, 2012, and results in an annualized distribution of $1.98 per unit. The quarterly distribution will be payable February 14 to all unitholders of record at the close of business on February 7.
- Old National Bancorp (ONB) declared a quarterly dividend increase of 11.1% to $.10 from $.09 per share. The dividend is payable March 15 to shareholders of record on March 1.
- Columbia Banking (COLB) announced an increase in its quarterly dividend to $.10 per share. The dividend will be paid on February 20, 2013 to shareholders of record on February 6, 2013. This is an increase of 11% from $.09 paid the prior quarter.
- Colonial Properties (CLP) declared a quarterly dividend increase of 16.7% to $.21 per share. The dividend is payable February 11, 2013, to shareholders of record as of February 4, 2013, representing an ex-dividend date of January 31, 2013.
- Provident Financial (PROV) declared an increase in its quarterly cash dividend by 40%.The $.07 per share dividend is up from $.05 per share. The dividend is payable on December 11 to shareholders at the close of business on February 13.
- Citizens & Northern Corporation (CZNC), parent company of Citizens & Northern Bank, declared a regular quarterly cash dividend of $.25 per share. The record date is February 4 and it is payable on February 15 to shareholders of record. The amount is increased from the previous dividend of $.24 per share, which was paid in November, 2012.
- CenterPoint Energy (CNP) announced a quarterly dividend increase of 2.5% to $.2075 per share. The dividend is payable on March 8 to shareholders of record as of the close of business on February 15.
- Bryn Mawr Bank (BMTC) announced a quarterly dividend increase of 6.3% to $.17 per share.
- Donaldson (DCI) declared a quarterly dividend increase of 11% to $.10 from $.09 per share. The dividend is payable March 8 to shareholders of record as of February 15.
- CMS Energy (CMS) declared an increase in its quarterly dividend by 6% to $.255 per share, up from $.24 per share. The Q1 dividend for the common stock is payable February 28 to shareholders of record on February 8.
- GATX Corp. (GMT) announced a quarterly dividend increase of 3.3% to $.31 from $.30 per share. The dividend is payable March 31 to shareholders of record on March 1.
- HCP Inc. (HCP) declared an increase in its quarterly dividend to $.525 per share from $.50. The annualized rate of distribution for 2013 is $2.10, compared with $2.00 for 2012, which represents a 5% increase. The quarterly cash dividend will be paid on February 19, 2013 to stockholders of record as of the close of business on February 4, 2013.
- Parker-Hannifin (PH) declared an increase in its quarterly dividend by 5% to $.43 from $.41. The dividend is payable March 1 to shareholders of record as of February 8.
- Access Midstream Partners (ACMP) declared a cash distribution of $.45 per Common, Subordinated and Class C Unit for 4Q12. The Q4 cash distribution represents an increase of $.06, or 15.4%, compared to 4Q11 and represents an increase of $.015 or 3.4%, compared to 3Q12.
Dividend Decreases
- First Potomac (FPO) decrease its annual dividend by 25%.
- LinnCo (LINE) announced its second quarterly cash dividend of $.71 per common share, which reflects a reduction for taxes of $.015 per common share from the LINN Energy distribution of $.725 per unit. The cash dividend will be payable on February 15, to shareholders of record at the close of business February 7.
[ad#dividend-announcements]
Special Dividends and Dividend Announcements
- Apple (AAPL) declared a cash dividend of $2.65 per share. The dividend is payable on February 14, to shareholders of record as of the close of business on February 11.
- MHI Hospitality (MDH) announced a quarterly cash dividend of $.035 per issued and outstanding common share of the Company. The quarterly dividend will be paid on April 11 to shareholders of record as of March 15.
- CVR Energy (CVI) announced a $5.50 special dividend, and an initial dividend of $.75. The special dividend of $5.50 will be payable on February 19 to shareholders of record on February 5.
- Silicon Motion Technology Corporation (SIMO) declared the payment of its first quarterly dividend of $.15 per ADS which will be paid on March 4 to all shareholders of record as of February 21.
- AGCO (AGCO) announced the initiation of quarterly cash dividends to its stockholders. A quarterly dividend of $.10 per common share will be paid on March 15 to all stockholders of record as of the close of business on February 15.
- Nexstar Broadcasting Group (NXST) announced the initiation of a regular quarterly cash dividend of $.12 per share of its Class A and Class B common stock. The first dividend is payable on Friday, March 1, 2013, to shareholders of record on Friday, February 15.
- NRGM GP, LLC (NRGM), general partner of Inergy Midstream, LP , declared a quarterly cash distribution of $.39 per limited partner unit, $1.56 annually, for the quarter ended December 31, 2012. The distribution will be paid on February 14, 2013, to unitholders of record as of February 7, 2013.
[ad#stansberry-ps]
This information is provided by Theflyonthewall.com
TheFlyOnTheWall.com is a source for up-to-the-minute financial news. Known for its unbiased market intelligence, TheFly has been serving professional and individual investors worldwide for more than 12 years. TheFly’s news feed keeps investors informed of all the news moving on the wires and circulating throughout Wall Street trading desks. Become an informed investor. Try all of TheFly’s services FREE for 30-days by clicking here.