Barron's Speaking Of Dividends 8-25-07
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Date updated:08-25-2007

From Barron's 8-25-07:

Here is a list of companies that have recently had notable dividend activity.

symbol name last price % change open
  • +
  • WB
    32.35
  • $5.27
  • 0.00
  • $5.27

From Barron's 8-25-07: "THE SUBPRIME MORTGAGE MESS is not having much impact on Wachovia despite its acquisition last year of a major mortgage lender. That's because less than 0.5% of the big banking company's real-estate portfolio is in subprime loans. So in an overall dreary dividend week, Wachovia (ticker: WB) was a standout, boosting its quarterly common dividend 14%, to 64 cents a share from 56 cents, for a 5.21% yield. Disbursement is slated for Sept. 17 to holders of record Aug. 31. The stock goes ex-dividend Aug. 29."

People owning WB also tend to own: ARAYCHCG.OBCOGOCVYDUGFXEGASS

TheStreet.com Rating: No Rating What is this?

  • +
  • PRM
    Primedia Inc New
  • $3.02
  • -7.08%
  • $3.08

From Barron's 8-25-07: "HERE WERE ALSO SOME SPECIAL dividends last week. Big Board-listed Primedia (PRM) will pay its first dividend-a one-time distribution of $2.15 a share. That's worth around $96 million to its investors. The dividend will be funded from the proceeds of Primedia's Aug. 1 sale of its Enthusiast Media business for $1.18 billion in cash. The New York company, which publishes consumer guides, including Apartment Guide, Auto Guide and New Home Guide, also plans to institute a regular dividend program. Holders of record Sept. 4 will receive the special payout Sept. 7; the ex-date is Aug. 30."

People owning PRM also tend to own: GRMNIMAXJSDAVLCMXMSRBAHMC

TheStreet.com Rating: C+ What is this?

  • +
  • STRT
    Strattec Security
  • $15.49
  • +3.61%
  • $15.49

From Barron's 8-25-07: "In Milwaukee, Strattec Security (STRT) initiated quarterly common dividends with a 15-cent-a-share declaration. Directors also voted a $1 special. Both are payable Oct. 1 to holders of record Sept. 14. Ex-date: Sept. 12. The combined distribution of around $4.1 million will be funded by current cash balances. Strattec makes locks for all kinds of vehicles. Its shares are priced a couple of notches under their 52-week Nasdaq high of 51.40."

People owning STRT also tend to own: ASDCBHUBGMARPALMPBKSEXM

TheStreet.com Rating: D What is this?

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