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Guru Stocks Raising Dividends: EPR, CB, PMD, BLK, WSBC

February 27, 2012 | About:
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This is the group of companies who raised their dividend during the week: Entertainment Properties Trust, Chubb Corp, Psychemedics Cp, Blackrock Inc. and Wesbanco Inc.

Entertainment Properties Trust (EPR)

Entertainment Properties Trust is a Real Estate Investment Trust whose principal business strategy is to acquire and develop a diversified portfolio of high-quality properties leased to entertainment-related business operators. Entertainment Properties Trust has a market cap of $1.99 billion; its shares were traded at around $45.09 with a P/E ratio of 12.8 and P/S ratio of 6.4. On February 23rd the company increased its quarterly dividend 7% to $0.75 per share. The dividend is payable April 16, 2012 to shareholders of record on March 30, 2012. The yield based on the new payout is 7.0%.

Entertainment Properties Trust announced operating results for the fourth quarter and year ended Dec. 31, 2011. Total revenue was $77.6 million for the fourth quarter of 2011, representing a 4% increase from $74.7 million for the same quarter in 2010. Net income available to common shareholders was $31.9 million, or $0.68 per diluted common share, for the fourth quarter of 2011 compared to $26.7 million, or $0.57 per diluted common share, for the same quarter in 2010.

David Dreman, Chuck Akre, and Ron Baron own shares of EPR stock.

President and CEO David M. Brain and Vice President and CFO Mark Alan Peterson sold shares of EPR stock.

Chubb Corp (CB)

Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. Chubb Corp has a market cap of $19.21 billion; its shares were traded at around $68.6 with a P/E ratio of 13.5 and P/S ratio of 1.5. On February 23, the company increased its quarterly dividend 5.1% to $0.41 per share. The dividend is payable April 3, 2012 to shareholders of record on March 16, 2012. The yield based on the new payout is 2.4%.

The Chubb Corporation reported that net income in the fourth quarter of 2011 was $452 million or $1.60 per share, compared to $620 million or $2.02 per share in the fourth quarter of 2010. Operating income, which the company defines as net income excluding after-tax realized investment gains and losses, was $460 million, compared to $519 million in the fourth quarter of 2010.

Chris Davis, James Barrow, and Brian Rogers own shares of CB.

Director Daniel E. Somers, Senior Vice President Walter Brian Barnes, and Senior Vice President John J. Kennedy sold shares of CB stock.

Psychemedics Cp (PMD)

Psychemedics Corporation provides testing services for the detection of abused substances through the analysis of hair samples. Psychemedics Cp has a market cap of $50.3 million; its shares were traded at around $9.91 with a P/E ratio of 14.6 and P/S ratio of 2.5. On February 23, the company increased its quarterly dividend 25% to $0.15 per share. The dividend is payable to shareholders of record as of March 5, 2012 to be paid on March 19, 2012. This will be the company’s 62nd consecutive quarterly dividend. The yield based on the new payout is 6.1%.

Psychemedics Corporation announced fourth quarter and year-end financial results for the period ended December 31, 2011. The company's revenue for the year ended Dec. 31, 2011 was $24.1 million, an increase of 20% as compared to $20.1 million for 2010. Net income for the year ended December 31, 2011 was $3.5 million or $0.67 per share, an increase of 34% from 2010 during which the company earned $2.6 million or $0.50 per share.

BlackRock Inc. (BLK)

BlackRock Inc. is one of the largest investment management firms in the United States. BlackRock Inc. has a market cap of $26.5 billion; its shares were traded at around $196 with a P/E ratio of 16.6 and P/S ratio of 2.9. On February 23, the company increased its quarterly dividend 9% to $1.50 per share from $1.375 per share. The dividend is payable on March 23, 2012 to shareholders of record as of March 7, 2012. The yield based on the new payout is 3.0%.

David Dreman, Mario Gabelli and John Griffin own shares of BLK stock.

Chairman and CEO Laurence Fink, Principal Accounting Officer Joseph Feliciani, and Senior Managing Director J. Richard Kushel sold shares of BLK stock.

WesBanco Inc. (WSBC)

WesBanco Inc. is a multi-bank holding company whose subsidiaries are engaged in general banking business. WesBanco Inc. has a market cap of $531.3 million; its shares were traded at around $19.75 with a P/E ratio of 12.1 and P/S ratio of 1.9. On February 23, the company increased its quarterly dividend to $0.17 per share. The dividend is payable on April 2, 2012 to shareholders of record on March 9, 2012. The yield based on the new payout is 3.9%.

WesBanco Inc. announced increased earnings for the year and fourth quarter ended Dec. 31, 2011. For the fourth quarter of 2011, net income was $10.6 million compared to $10.3 million for the fourth quarter of 2010, while diluted earnings per share were $0.40 compared to $0.39 per share for the fourth quarter of 2010. Total assets at December 31, 2011 increased 3.3% or $174.6 million

David Dreman bought shares of WSBC.

Director Vaughn L. Kiger bought 150 shares of WSBC stock. Director Neil S. Strawser sold 5,134 shares of WSBC stock.

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