Speaking Of Dividends 9-05-2009
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Created by barrons3
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Date updated:09-05-2009

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

symbol name last price % change open
  • +
  • VZ
    Verizon Commun
  • $30.43
  • -0.29%
  • $30.38

Thursday, the company voted a 3.3% payout enrichment, to 47.5 cents a share, from 46 cents. Disbursement is scheduled for Nov. 2 to stockholders of record Oct. 9. The ex-dividend date is Oct. 7. This is the third consecutive year that Verizon has raised its disbursement, and the move will put an extra $43 million in investors' pockets quarterly. "This increase reflects the strength of our cash flow and balance sheet," said Verizon chief executive Ivan G. Seidenberg. "It demonstrates the board's commitment to return cash to our shareholders while continuing to invest in the long-term growth of our business."

People owning VZ also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: B- What is this?

  • +
  • T
    At&t Inc.
  • $26.02
  • -0.34%
  • $26.10

The present AT&T, which was formed in 2005, is made up of the original AT&T and the former SBC Communications and BellSouth Baby Bells. The company has enriched its quarterly common payout every year since SBC's formation in 1984. In the June quarter, cash from operations amounted to $7.9 billion, capital expenditures came in at $4 billion and dividends totaled $2.4 billion. AT&T was recently priced at 25 and change, and has ranged between 33.10 and 20.90 over the past year. S&P's investment opinion is Strong Buy.

People owning T also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: B- What is this?

  • +
  • BCE
    B C E Inc
  • $25.73
  • -0.77%
  • $25.80

Additionally, Flannery and Gaviria observe that Canada's BCE (BCE), which recently increased its payout by 5% in a surprise midyear announcement, "could raise the dividend again later this year." Ditto Canadian peers Rogers Communications (RCI) and Telus (TU), they opine.

People owning BCE also tend to own: MIWUDTVGMAKAMHDBNS

TheStreet.com Rating: B What is this?

  • +
  • RCI
    Rogers Commun Cl
  • $29.90
  • -3.27%
  • $30.58

Additionally, Flannery and Gaviria observe that Canada's BCE (BCE), which recently increased its payout by 5% in a surprise midyear announcement, "could raise the dividend again later this year." Ditto Canadian peers Rogers Communications (RCI) and Telus (TU), they opine.

People owning RCI also tend to own: AEMAGUDNNNLSPOTSUTCK

TheStreet.com Rating: B- What is this?

  • +
  • TU
    Telus Corp
  • $30.83
  • -0.39%
  • $30.90

Additionally, Flannery and Gaviria observe that Canada's BCE (BCE), which recently increased its payout by 5% in a surprise midyear announcement, "could raise the dividend again later this year." Ditto Canadian peers Rogers Communications (RCI) and Telus (TU), they opine.

People owning TU also tend to own: BXPCELGCSXDTVEXPDFDXGILD

TheStreet.com Rating: C What is this?

  • +
  • FRS
    Frischs Resturant
  • $24.80
  • -1.20%
  • $25.00

Frisch's Restaurants (FRS) on Tuesday lifted its quarterly common payout a penny, to 13 cents share, for a 1.85% yield. The respective distribution, record and ex-dates are Oct. 9, Sept. 21 and Sept. 17. The Cincinnati company has posted a profit every year since going public in 1960, and has paid a dividend every quarter since then. This is the company's second annual increase in a row.

People owning FRS also tend to own: DEDUKGEPGYUMBCERCI

TheStreet.com Rating: B What is this?

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