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Guru Stocks Raising Dividends: UPS, OXY, MMM, LO, DPS

February 13, 2012 | About:
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This is the group of companies who raised their dividend during the week were: United Parcel Service Inc., Occidental Petroleum Corp., 3m Co., Lorillard, Dr. Pepper Snapple Group.

United Parcel Service Inc. (UPS)

United Parcel Service Inc. is the world's largest express carrier, the world's largest package delivery company and a global provider of specialized transportation and logistics services. United Parcel Service, Inc. has a market cap of $74.58 billion; its shares were traded at around $76.69 with a P/E ratio of 18.1 and P/S ratio of 1.4. On February 9th the company increased its quarterly dividend 9.6% to $0.57 per share. The dividend is payable March 7, 2012, to shareholders of record on Feb. 21, 2012. The yield based on the new payout is 3.0%.

UPS announced fourth quarter 2011 adjusted diluted earnings per share of $1.28, a 21% improvement over the prior-year period. Total revenue increased 6% to $14.2 billion and adjusted operating profit climbed 17% to more than $2 billion.

Tom Gayner, Ken Fisher, and Brian Rogers own shares of UPS stock.

Senior Vice President Christine M. Owens, Senior Vice President Allen E. Hill, and Senior Vice President David A. Barnes sold of UPS stock.

Occidental Petroleum Corp. (OXY)

Occidental Petroleum Corp. explores for, develops, produces and markets crude oil and natural gas and manufactures and markets a variety of basic chemicals, including chlorine, caustic soda, and ethylene dichloride, as well as specialty chemicals and vinyls, including polyvinyl chloride resins and vinyl chloride monomer. Occidental Petroleum Corp. has a market cap of $85.11 billion; its shares were traded at around $102.7 with a P/E ratio of 12.5 and P/S ratio of 3.5. On February 9th the company increased its quarterly dividend 17% to $0.54 per share. The dividend is payable on April 15, 2012, to stockholders of record as of March 9, 2012. The yield based on the new payout is 2.1%.

Occidental Petroleum Corporation net income of $1.6 billion ($2.01 per diluted share) for the fourth quarter of 2011, compared with the $1.2 billion ($1.49 per diluted share) for the fourth quarter of 2010. Core income was $1.6 billion ($2.02 per diluted share) for the fourth quarter of 2011, compared with $1.3 billion ($1.58 per diluted share) for the fourth quarter of 2010.

George Soros, James Barrow, and Ray Dalio own shares of OXY stock.

Director Margaret M. Foran and Director Rosemary Tomich sold 6,000 shares of OXY stock on 11/16/2011 at the average price of $100.36. Rosemary Tomich owns at least 62,138 shares after this. The price of the stock has increased by 2.33% since.

3m Co. (MMM)

3M Company is a diversified technology company with positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. 3m Co. has a market cap of $61.6 billion; its shares were traded at around $87.14 with a P/E ratio of 14.8 and P/S ratio of 2.1. On February 9, the company increased its quarterly dividend 7% to $0.59 per share. The dividend is payable on March 12, 2012, to shareholders of record at the close of business on Feb. 17, 2012. 3M has paid dividends to its shareholders without interruption for more than 95 years. The yield based on the new payout is 2.7%.

3M reported record fourth-quarter sales of $7.1 billion, up 5.7 percent year-on-year. Sales of $2.4 billion, up 14.3 percent, including 5.9 percent from acquisitions. Earnings were $1.35 per share, an increase of 5.5 percent versus the fourth quarter of 2010. The company generated $1.2 billion in free cash flow during the quarter, equal to 128 percent of net income.

Bill Nygren, Tweedy Browne, and Mark Hillman owns shares of MMM stock.

Executive Vice President R&D Chief Technology Officer Fred J. Palensky sold 5,870 shares of MMM stock.

Lorillard (LO)

Lorillard is the third-largest manufacturer of cigarettes in the U.S. Lorillard has a market cap of $15.26 billion; its shares were traded at around $122.58 with a P/E ratio of 15.2 and P/S ratio of 2.6. On February 9, the company increased its quarterly dividend 19% to $1.55 per share. The dividend is payable on March 9, 2012 to stockholders of record as of March 1, 2012. The yield based on the new payout is 5.0%.

Lorillard Inc. announced results for the quarter and year ended Dec. 31, 2011. Net sales increased $132 million to $1.618 billion in the fourth quarter of 2011, compared to $1.486 billion in the fourth quarter of 2010, an increase of 8.9%.

James Barrow, Joel Greenblatt, and Jean-Marie Eveillard own shares as of LO stock.

Director Kit D Dietz bought shares of LO stock.

Dr. Pepper Snapple Group (DPS)

Dr. Pepper Snapple Group is one of the largest beverage companies in the Americas. Dr. Pepper Snapple Group has a market cap of $8.25 billion; its shares were traded at around $38.51 with a P/E ratio of 14.5 and P/S ratio of 1.5. Mario Gabelli owns 2,643,339 shares as of 09/30/2011, which accounts for 0.9362% of the $10.95 billion portfolio of GAMCO Investors. Robert Olstein owns 203,000 shares as of 12/31/2011, which accounts for 1.6% of the $494 million portfolio of Olstein Financial Alert Fund. On February 8, the company increased its quarterly dividend 6.3% to $0.34 per share. The dividend is payable on April 6, 2012, to shareholders of record as of close of business on March 19, 2012. The yield based on the new payout is 3.6%.

Dr. Pepper Snapple Group Inc. Year-to-date, reported net sales increased 5% and reported income from operations was $753 million compared to $757 million in the prior-year period. Net income was $440 million compared to $416 million in the prior year period.

Robert Olstein own shares of DPS stock.

President and CEO Larry D. Young and Executive Vice President James L. Baldwin Jr. sold shares of DPS stock.

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