Guru Stocks Raising Dividends: TGT, ARE, CLNY, SSI, ROK

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Jun 17, 2012
This is the group of companies who raised their dividend during the week:


Target Corp (TGT, Financial)


Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. Target Corp has a market cap of $39.58 billion; its shares were traded at around $58.48 with a P/E ratio of 13.5 and P/S ratio of 0.6. On June 13th the company increased its quarterly dividend 20% to $0.36 per share. The dividend is payable September 10, 2012 to shareholders of record at the close of business August 15, 2012. The yield based on the new payout is 2.5%.


Target Corporation reported first quarter net earnings of $697 million, or $1.04 per share. For second quarter 2012, the company expects adjusted EPS of $1.04 to $1.14 and GAAP EPS of $0.94 to $1.04. sales increased 6.1 percent in the first quarter to $16.5 billion in 2012 from $15.6 billion in 2011. Sales increased 6.1 percent in the first quarter to $16.5 billion in 2012 from $15.6 billion in 2011.


PRIMECAP Management, John Rogers, and James Barrow own shares of TGT stock.


Executive Officer Timothy R Baer, Director Roxanne S Austin, and Executive Officer Tina M Schiel sold shares of TGT stock.


Alexandria Real (ARE, Financial)


Alexandria Real Estate Equities, Inc., Landlord and Developer of Choice to the Life Science Industry, is a publicly-traded real estate investment trust focused principally on the ownership, operation, management, selective redevelopment, development and acquisition of life science properties. Alexandria Real has a market cap of $4.41 billion; its shares were traded at around $70.18 with a P/E ratio of 16 and P/S ratio of 7.7. On June 12th the company increased its quarterly dividend 4% to $0.51 per share. The dividend is payable on July 16 to shareholders of record on June 29. The yield based on the new payout is 2.9%.


Alexandria Real Estate Equities, Inc. announced financial and operating results for the first quarter ended March 31, 2012. Net income attributable to Alexandria Real Estate Equities, Inc.'s common stockholders – diluted, for the three months ended March 31, 2012, was $18.4 million, or $0.30 per share. Total revenues for the three months ended March 31, 2012, were $145.0 million, as compared to total revenues for the three months ended December 31, 2011, of $145.8 million, and total revenues for the three months ended March 31, 2011, of $139.9 million.


Ken Fisher, Ron Baron, and Chris Davis own shares.


CEO Joel S Marcus, CFO Dean A Shigenaga, Director James H Richardson sold shares of ARE stock.


Colony Finl Inc (CLNY, Financial)


Colony Finl Inc has a market cap of $566.8 million; its shares were traded at around $17.09 with a P/E ratio of 11.6 and P/S ratio of 8.7. On June 11th the company increased its quarterly dividend 3% to $0.35 per share for the second quarter of 2012. The dividend is payable on July 16, 2012, to stockholders of record on June 29, 2012. The yield based on the new payout is 8.2%.


Colony Financial, Inc. announced financial results for the first quarter ended March 31, 2012. Net income attributable to common stockholders increased to $12.1 million, or $0.37 per basic and diluted share, from $7.4 million in the first quarter of 2011


Stage Stores (SSI, Financial)


Stage Stores operates retail stores offering moderately priced, nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family in small towns and communities located primarily throughout the south central United States. Stage Stores has a market cap of $516.9 million; its shares were traded at around $17.48 with a P/E ratio of 16.4 and P/S ratio of 0.3. On June 1th the company increased its quarterly dividend $0.10 per share. The new quarterly rate will be applicable to dividends declared by the Board after June 20, 2012. The yield based on the new payout is 2.4%.


Stage Stores, Inc. reported financial results for the first fiscal quarter ended April 28, 2012. For the first quarter, the Company reported a net loss of $418 thousand, or $0.01 per share, compared to a net loss of $461 thousand, or $0.01 per share, for the prior year first quarter.


John Keeley owns shares of SSI stock.


Rockwell Automt (ROK, Financial)


Rockwell Automation is a global provider of industrial automation power, control and information solutions that help customers meet their manufacturing productivity objectives. Rockwell Automt has a market cap of $9.97 billion; its shares were traded at around $69.19 with a P/E ratio of 13.9 and P/S ratio of 1.7. On June 8th the company increased its quarterly dividend 11% to $0.47 per share. The dividend is payable on Sept. 10, 2012 to shareholders of record at the close of business on Aug. 13, 2012. The yield based on the new payout is 2.7%.


Rockwell Automation, Inc. reported fiscal 2012 second quarter sales of $1,561.1 million, up 7 percent from $1,464.1 million in the second quarter of fiscal 2011. Net income was $167.8 million ($1.16 per share) compared to $166.4 million ($1.14 per share) last year.


Ray Dalio, Ken Fisher, and PRIMECAP Management own shares of ROK stock.


Sr.VP and CFO Theodore D Crandall, VP Finance & Investor Rel. Dralle Rondi Rohr, and VP and General Auditor A Lawrence Stuever sold shares of ROK stock.