GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Guru Stocks Raising Dividends: TXN, NCT, YUM, DDR

September 18, 2011 | About:
gurujk

gurujk

5 followers
This is the group of companies who raised their dividend during the week: Texas Instruments Inc., Newcastle Investment Corp, Yum! Brands Inc. and DDR Corp.

Texas Instruments Inc. (TXN)

Texas Instruments Inc. is a global semiconductor company and one of the world's designers and suppliers of digital signal processors and analog integrated circuits — the engines driving the digitization of electronics. Texas Instruments Inc. has a market cap of $32.14 billion; its shares were traded at around $27.82 with a P/E ratio of 11.1 and P/S ratio of 2.3. On September 15, the company increased its dividend 31% to $0.17 per share. The dividend is payable on payable Nov. 21, 2011, to stockholders of record on October 31, 2011. The yield based on the new payout is 2.5%.

Lee Ainslie, Mark Hillman, and Brian Rogers own shares of TXN stock.

Chairman, President and CEO Richard K. Templeton, Sr. Vice President & CFO Kevin P. March, and Sr. Vice President David K. Heacock sold shares of TXN stock.

Newcastle Investment Corp. (NCT)

Newcastle Investment Corp invests in real estate securities and other real estate-related assets. Newcastle Investment Corp. has a market cap of $456.1 million; its shares were traded at around $5.75 with a P/E ratio of 0.7 and P/S ratio of 1.4. The dividend yield of Newcastle Investment Corp. stocks is 6.9%. On September 14, the company increased its quarterly dividend 50% to $0.15 per share. The dividend is payable on Oct. 28, 2011 to shareholders of record on Oct. 3, 2011. The yield based on the new payout is 10.3%.

Newcastle Investment Corp. reported that in the second quarter of 2011, income available for common stockholders ("GAAP income") was $98 million, or $1.23 per diluted share, compared to $118 million, or $1.90 per diluted share, in the second quarter of 2010.

Wallace Weitz owns shares of NCT stock.

Yum! Brands Inc. (YUM) Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum! Brands Inc. has a market cap of $25.01 billion; its shares were traded at around $53.85 with a P/E ratio of 20.4 and P/S ratio of 2.1. On September 14, the company increased its quarterly dividend 14% to $0.285 per share. The dividend is payable on Nov. 4, 2011 to shareholders of record at the close of business on Oct. 14, 2011. The yield based on the new payout is 2.1%.

Ron Baron, Mario Gabelli, and Steve Mandel own shares of YUM stock.

CEO YRI Graham D. Allan, CEO Taco Bell Greg Creed, and Senior Vice President of Finance and CFO Richard Carucci sold shares of YUM stock.

DDR Corp. (DDR) Developers Diversified Realty Corporation is a self administered and self managed real estate investment trust engaged in acquiring, owning, developing, redeveloping, managing and operating shopping and business centers. DDR Corp. has a market cap of $3.22 billion; its shares were traded at around $11.65 with a P/E ratio of 11.8 and P/S ratio of 4. On September 14, the company increased its quarterly dividend 50% to $0.06 per share. The dividend is payable October 11, to shareholders of record on September 27. The yield based on the new payout is 2.1%.

Developers Diversified Realty Corporation announced that it completed $112 million of asset sales during the second quarter of 2011, of which the company's share was $87 million.

President & CEO Daniel B. Hurwitz, Senior Vice President & Chief Accounting Officer Christa A. Vesy, and Member of 13(d) group Michael Ingo Werner Otto sold shares of DDR stock.

Rating: 2.0/5 (5 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK