Guru Stocks Raising Dividends: LNT, CLB, CLMT, EPD, SMP

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Jan 24, 2011
This is the group of companies who raised their dividend during the week:

Alliant Engy Cp (LNT)

Alliant Energy Corp. is a growing energy-services provider with operations both domestically and internationally. Alliant Engy Cp has a market cap of $4.15 billion; its shares were traded at around $37.42 with a P/E ratio of 14.23 and P/S ratio of 1.21. January 14th the company increased its quarterly dividend 13% to $0.45/share. The dividend is payable on February 15, 2011, to share owners of record on close of business January 31, 2011. The ex-dividend date is January 27, 2011. The yield based on the new payout is 4.6%.

George Soros and John Hussman own shares of LNT stock.

President, CEO, Chairman William D Harvey, PRESIDENT, CEO, CHAIRMAN William D Harvey, and Vice President, CAO, Treasurer Thomas L Hanson sold shares of LNT stock.

Core Labs Nv (CLB, Financial)

Based in the Netherlands, Core Laboratories provides geological andenvironmental analysis services and manufactures precise measurementequipment. Core Labs Nv has a market cap of $3.83 billion; its shares were traded at around $85.29 with a P/E ratio of 30.19 and P/S ratio of 5.51. The dividend is payable on Feb. 25 to shareholders of record on Jan. 25. The ex-dividend date is Jan. 21. The yield based on the new payout is 1.2%.

Ron Baron and Richard Aster Jr own shares of CLB stock.

Calumet Speclty (CLMT, Financial)

Calumet Specialty Products Partners, L.P. is a independent producer of high-quality, specialty hydrocarbon products in North America. Calumet Speclty has a market cap of $830.14 million; its shares were traded at around $23.53 with a P/E ratio of 27.68 and P/S ratio of 0.45. January 14th the partnership increased its quarterly distribution 2.2% to $0.47/unit. The distribution will be payable on February 14, 2011 to holders of record of such units at the close of business on February 4, 2011. The ex-distribution date is February 2, 2011. The yield based on the new payout is 7.8%.

Calumet Specialty reported net income for the quarter ended September 30, 2010 of $21.2 million compared to $4.0 million for the quarter ended September 30, 2009. Calumet reported net cash provided by operating activities of $87.7 million for the nine months ended September 30, 2010 as compared to $110.6 million for the same period in 2009.

Tom Gayner owns 25,700 shares as of 09/30/2010, which accounts for 0.03% of the $1.67 billion portfolio of Markel Gayner Asset Management Corp.

Director Robert E Funk and Member Group Ferdinand William Grube bought shares of CLMT stock.

Enterprise Prod (EPD, Financial)

Enterprise Products Partners L.P. is a integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. Enterprise Prod has a market cap of $35.83 billion; its shares were traded at around $42.47 with a P/E ratio of 21.78 and P/S ratio of 1.4. January 14th the partnership raised its quarterly distribution 1.3% to $0.59/unit. The distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the close of business on Monday, January 31, 2011. The ex-distribution date is January 27, 2011. EPD is a Dividend Achiever and has raised its dividend for 14 consecutive years. The yield based on the new payout is 5.5%.

Enterprise Products Partners L.P. announced its financial results for the three and nine months ended September 30, 2010. Net income attributable to Enterprise for the third quarter of 2010 was $372 million, or $0.47 per unit on a fully diluted basis, versus $213 million, or $0.36 per unit on a fully diluted basis, for the third quarter of 2009.

Mario Gabelli and John Keeley own shares of EPD stock.

Director, 10% Owner Randa Duncan Williams bought shares of EPD stock.

Standard Motor (SMP, Financial)

Standard Motor Products manufactures and distributes replacement parts for motor vehicles. Standard Motor has a market cap of $271.86 million; its shares were traded at around $12 with a P/E ratio of 12.5 and P/S ratio of 0.37. January 18ththe company increased its quarterly dividend 40% to $0.07/share. The dividend is payable on March 1, 2011 to stockholders of record on February 15, 2011. The ex-dividend date is February 11, 2011. The yield based on the new payout is 2.3%.

Standard Motor Products Inc. (SMP) filed Quarterly Report for the period ended 2010-09-30. Consolidated net sales for the three months ended September 30, 2010 were $227.5 million, an increase of $21.9 million, or 10.7%, compared to $205.6 million in the same period of 2009.

Mario Gabelli owns shares of SMP stock.

Director Peter J Sills sold shares of SMP stock.