Guru Stocks Raising Dividends: Bank of the Ozarks, RPM International Inc., Northwest Natural Gas Company, H.B. Fuller Company, Eaton Vance Corp., ColgatePalmolive Company.

Guru Stocks Raising Dividends: OZRK, RPM, NWN, FUL, EV, CL

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Jul 18, 2010
This is the group of companies who raised their dividend during the week: Bank of the Ozarks, RPM International Inc., Northwest Natural Gas Company, H.B. Fuller Company, Eaton Vance Corp., ColgatePalmolive Company.

Bank of the Ozarks (OZRK, Financial)

Bank of the Ozarks, Inc. owns a subsidiary bank, Bank of the Ozarks and Ozark Capital Trust, a business trust. Bank Of The Ozarks has a market cap of $605.8 million; its shares were traded at around $35.79 with a P/E ratio of 16.1 and P/S ratio of 2.9. On July 2nd the company declared a $0.15/share quarterly dividend. The dividend is payable July 23, 2010 to shareholders of record as of July 16, 2010. The ex-dividend date is July 14, 2010. Yield on the dividend is 1.7%. OZRK has paid a higher dividend for the last 12 consecutive years.

Bank of the Ozarks, Inc. announced that net income available to common stockholders for the quarter ended June 30, 2010 was $10,890,000, an increase of 14.6% from $9,501,000 for the second quarter of 2009. Diluted earnings per common share for the second quarter of 2010 were $0.64, an increase of 14.3% from $0.56 for the second quarter of 2009. Total assets were $2.88 billion at June 30, 2010, a decrease of 2.8% from $2.96 billion at June 30, 2009 and a decrease of 4.7% from $3.02 billion at March 31, 2010.

Chairman & CEO, 10% Owner George G Gleason Ii, Director Linda D Gleason, and President Leasing Division Jay Scott Hastings sold shares of OZRK stock.

RPM International Inc. (RPM, Financial)

RPM Incorporated manufactures and markets specialty paints, protective coatings and roofing systems, sealants and adhesives, for use inboth industrial and consumer applications. Rpm International Inc. has a market cap of $2.28 billion; its shares were traded at around $17.57 with a P/E ratio of 13 and P/S ratio of 0.7. On July 6th the company declared a $0.205/share quarterly dividend. The dividend is payable on July 30, 2010, to stockholders of record as of July 16, 2010. The ex-dividend date is July 13, 2010. Yield on the dividend is 4.6%. RPM has paid a higher dividend for the last 37 consecutive years.

RPM International Inc. reported a significantly lower loss for its fiscal 2010 third quarter ended February 28, 2010, compared to the prior-year loss in this traditional seasonally slow period. RPM's net sales of $666.6 million increased 4.9% from the $635.4 million reported a year ago. Organic sales improved 3.0%, including a foreign exchange gain of 5.1%, while acquisition growth added 1.9%. The net loss for the third quarter was $9.4 million, or $0.07 per diluted share, compared to a loss of $30.9 million, or $0.24 per diluted share, in the year-ago period.

RPM International Inc. is owned by George Soros, Richard Aster Jr, and David Dreman

Executive VP and CFO P Kelly Tompkins, Director William A Papenbrock, and Vice President and Controller Barry Slifstein sold shares of RPM stock.

Northwest Natural Gas Company (NWN, Financial)

NW Natural is principally engaged in the distribution of natural gas. Northwest Natural Gas Company has a market cap of $1.17 billion; its shares were traded at around $43.97 with a P/E ratio of 16.3 and P/S ratio of 1.2. On July 6th the company declared a $0.415/share quarterly dividend. The dividend will be paid August 13, 2010, to shareholders of record on July 30, 2010. The ex-dividend date is July 28, 2010. Yield on the dividend is 3.7%. NWN has paid a higher dividend for the last 38 consecutive years.

Northwest Natural Gas Company reported net income for the first quarter of 2010 of $43.6 million, compared to net income of $47.4 million in the same quarter of 2009, an 8 percent decrease. Earnings per share were $1.64 in the quarter, down 8 percent from $1.78 for the first quarter of 2009. Results in 2009 included significant gas commodity savings that didn’t repeat in the 2010 quarter, but 2010 first quarter results benefitted from a property tax refund in Oregon.

Northwest Natural Gas Company is owned by Kenneth Fisher.

Director John D Carter bought shares of NWN stock.

Director Mark S Dodson sold shares of NWN stock.

H.B. Fuller Company (FUL, Financial)

H.B. Fuller Company is a worldwide manufacturer and marketer of adhesives, sealants, coatings, paints and other specialty chemical products. H.b. Fuller Company has a market cap of $941 million; its shares were traded at around $19.24 with a P/E ratio of 11.1 and P/S ratio of 0.8. On July 7th the company declared a $0.07/share quarterly dividend. The dividend is payable on August 5, 2010 to shareholders of record at the close of business on July 22, 2010. The ex-dividend date is July 20, 2010. Yield on the dividend is 1.4%. FUL has paid a higher dividend for the last 41 consecutive years.

H.B. Fuller Company reported financial results for the second quarter that ended May 29, 2010. Net income for the second quarter of 2010 was $11.0 million, or $0.22 per diluted share, versus $17.6 million, or $0.36 per diluted share, in last year's second quarter. Net revenue for the second quarter of 2010 was $347.9 million, up 16.3 percent versus the second quarter of 2009.

H.B. Fuller Company is owned by Kenneth Fisher.

Senior VP, Americas James Owens and Senior VP, Americas James Owens bought shares of FUL stock.

Eaton Vance Corp. (EV, Financial)

Eaton Vance Corp.'s principal business is creating, marketing and managing investment funds and providing investment management and counseling services to institutions and individuals. Eaton Vance Corp. has a market cap of $3.39 billion; its shares were traded at around $28.71 with a P/E ratio of 21.8 and P/S ratio of 3.8. On July 7th the company declares a $0.16/share quarterly dividend. The dividend is payable August 13, 2010 to shareholders of record on July 30, 2010. The ex-dividend date is July 28, 2010. Yield on the dividend is 2.2%. EV has paid a higher dividend for the last 30 consecutive years.

Eaton Vance Corp. is owned by Ron Baron and Kenneth Fisher.

Director Ann E Berman sold shares of EV stock.

ColgatePalmolive Company (CL, Financial)

Colgate-Palmolive is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgatepalmolive Company has a market cap of $40.62 billion; its shares were traded at around $82.83 with a P/E ratio of 18 and P/S ratio of 2.7. On July 8th the company declared a $0.53/share quarterly dividend. The dividend is payable on August 13, 2010, to shareholders of record on July 26, 2010. The ex-dividend date is July 22, 2010. Yield on the dividend is 2.6%. CL has paid a higher dividend for the last 47 consecutive years.

Colgate-Palmolive Company announced strong worldwide sales and unit volume growth for first quarter 2010, with every operating division reporting sales increases Reported net income and diluted earnings per share for first quarter 2010 were $357 million and $.69, respectively, as compared with $508 million and $.97, respectively, in first quarter 2009. Net cash provided by operations year to date increased by 6% to $733 million. Working capital as a percentage of sales improved by 220 basis points in first quarter 2010 versus the year ago period.

ColgatePalmolive Company is owned by John Hussman, Andreas Halvorsen, and Jean-Marie Eveillard .

Pres&CEO Hill's Pet Nutrition Neil Thompson, Chairman, President & CEO Ian M Cook, and CFO Stephen C Patrick sold shares of CL stock.