Guru Stocks Raising Dividends: M, DDR, OZRK, LTC, WSO
Macy's Inc. (M)
Federated Department Stores, through its subsidiaries, is one of the operators of full-line department stores in the U.S. Macy's Inc. has a market cap of $14.76 billion; its shares were traded at around $34.56 with a P/E ratio of 12.5 and P/S ratio of 0.6. On January 5, the company increased its quarterly dividend 100% to $0.20 per share. The dividend is payable April 2, 2012, to shareholders of record at the close of business on March 15, 2012. The yield based on the new payout is 2.4%.
Macy’s Inc. reported total sales of $4.925 billion for the five weeks ended Dec. 31, 2011, an increase of 6.6 percent compared with total sales of $4.618 billion in the five weeks ended Jan. 1, 2011.
Lee Ainslie, Ken Heebner, and Mario Gabelli own shares of M stock.
CFO Karen M. Hoguet, Executive Vice President David Wm Clark, Chief Merchandise Planning Oficer Julie Greiner Weiser sold shares of M stock.
DDR Corp (DDR)
DDR Corporation is a real estate investment trust that owns and manages retail properties in U.S., Puerto Rico and Brazil. DDR Corp has a market cap of $3.53 billion; its shares were traded at around $12.75 with and P/S ratio of 4.3. On January 5, the company increased its quarterly dividend 50% to $0.12 per share. The dividend is payable April 3, 2012, to shareholders of record at the close of business on March 16, 2012. The yield based on the new payout is 3.8%.
DDR Corp. announced operating results for the quarter ended Sept. 30, 2011. Net loss applicable to common shareholders for the three-month period ended Sept. 30, 2011, was $50.0 million, or $0.18 per diluted share, which compares to a net loss of $24.9 million, or $0.10 per diluted share, for the prior-year comparable period.
Chris Davis and Ray Dalio bought shares of DDR stock.
Senior Executive Vice President John S. Kokinchak and President and CEO Daniel B. Hurwitz sold shares of DDR stock.
Director Volker Kraft and Director Terrance R. Ahern bought shares of DDR stock.
Bank Of The Ozarks (OZRK)
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 $1.04 billion; its shares were traded at around $30.38 with a P/E ratio of 17.6 and P/S ratio of 4.5. On January 3, the company increased its quarterly dividend 10% to $0.11 per share. The dividend is payable Jan. 20, 2012 to shareholders of record as of Jan. 13, 2012. The yield based on the new payout is 1.5%.
The company has increased its quarterly dividend in eight of the last nine quarters, including the past six consecutive quarters.
Chairman and CEO, 10% Owner George G. Gleason III, CFO and CAO Gregory L. Mckinney, and Vice Chairman, President and COO Mark D. Ross sold shares of OZRK stock.
Chief Banking Officer Tyler A. Vance bought shares of OZRK stock.
Ltc Properties Inc. (LTC)
LTC Properties Inc., a health care real estate investment trust, invests primarily in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. LTC Properties Inc. has a market cap of $948.7 million; its shares were traded at around $31.27 with a P/E ratio of 15.2 and P/S ratio of 12.7. On January 3rd the company increased its monthly dividend 3.6% to $0.145 per share. The dividend is payable on January 31, February 29 and March 30, 2012, respectively, to stockholders of record on January 23, February 21 and March 22, 2012, respectively. The yield based on the new payout is 5.6%.
LTC Properties Inc. released results of operations for the three and nine months ended Sept. 30, 2011 and announced that net income available to common stockholders for the third quarter was $11.5 million or $0.38 per diluted share. For the nine months ended Sept. 30, 2011, net income available to common stockholders was $28.2 million or $0.97 per diluted share.
CEO and President Wendy Simpson and Executive Chairman Andre C. Dimitriadis bought shares of LTC stock.
Executive Vice President, CFO and Secretary Pamela Shelley-kessler, Senior Vice President and CIO Clint B. Malin, and Director Timothy Triche sold shares of LTC stock.
Watsco Inc. (WSO)
Watsco Inc. is one of the largest distributor of air conditioning and heating equipment and related parts and supplies in the U.S. Watsco Inc. has a market cap of $2.23 billion; its shares were traded at around $67.61 with a P/E ratio of 25.8 and P/S ratio of 0.8. On January 3, the company increased its quarterly dividend 9% to $0.62 per share. The dividend is payable on January 31 to shareholders of record on January 13. The yield based on the new payout is 3.7%.
Watsco Inc. announced record performance for the third quarter and for the nine-month period ended Sept. 30, 2003. Net income increased 12% to a record $13.2 million versus $11.8 million a year ago.
Tom Gayner and Richard Aster Jr. own shares of WSO stock.