Guru Stocks Raising Dividends: WalMart Stores Inc., WGL Holdings Inc., Canadian Natural Resources Ltd., General Dynamics Corp., Myers Industries Inc.
WalMart Stores Inc. (NYSE:WMT)
Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores Inc. has a market cap of $205.37 billion; its shares were traded at around $53.9 with a P/E ratio of 14.8 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2%. Walmart Stores Inc. had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star. The company raised its annual dividend by 11% to $1.21/share. Walmart is a dividend aristocrat which has increased its dividend every year since its first declared dividend of $0.05 per share in March 1974.
Walmart reported fourth quarter 2009 earnings per share of $1.23 and adjusted earnings per share(1) of $1.17, five cents above the company's latest guidance and five cents above the First Call consensus estimate. Net sales for the full year topped $405 billion, with International net sales exceeding $100 billion for the first time. Walmart U.S. comparable store sales for the fourth quarter were below guidance.
Brian Rogers bought 1,200,000 shares in the quarter that ended on 12/31/2009, which is 0.38% of the $16.42 billion portfolio of T Rowe Price Equity Income Fund. Richard Perry bought 150,000 shares in the quarter that ended on 12/31/2009, which is 0.24% of the $3.34 billion portfolio of Perry Capital. Ken Heebner bought 305,000 shares in the quarter that ended on 12/31/2009, which is 0.24% of the $6.8 billion portfolio of CAPITAL GROWTH MANAGEMENT LP.
President and CEO Michael T Duke, Director James Breyer, and Chairman of Exec. Committee H Lee Scott Jr exchanged shares of WMT stock.
WGL Holdings Inc. (NYSE:WGL)
WASHINGTON GAS LIGHT CO is a public utility that delivers and sells natural gas to metropolitan Washington, D. Wgl Holdings Inc. has a market cap of $1.69 billion; its shares were traded at around $33.67 with a P/E ratio of 13.4 and P/S ratio of 0.6. The dividend yield of Wgl Holdings Inc. stocks is 4.4%. Wgl Holdings Inc. had an annual average earning growth of 7.4% over the past 10 years. GuruFocus rated Wgl Holdings Inc. the business predictability rank of 2-star. The company increased its quarterly dividend by 2.70% to 37.75 cents/share. This is the 34th consecutive annual dividend increase.
WGL Holdings, Inc. reported higher net income determined in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP) for the quarter ended December 31, 2008 of $51.8 million, or $1.03 per share, an increase of $4.6 million, or $0.08 per share, over net income of $47.2 million, or $0.95 per share, reported for the quarter ended December 31, 2007.
Chairman and CEO Terry D Mccallister, Director Debra L Lee, and VP Washington Gas Douglas A Staebler sold shares of WGL stock.
Canadian Natural Resources Ltd. (NYSE:CNQ)
Canadian Natural Resources Limited is a senior independent oil and natural gas exploration, development and production company based in Calgary, Alberta. Canadian Natural Resources Ltd. has a market cap of $39.78 billion; its shares were traded at around $73.32 with a P/E ratio of 15.5 and P/S ratio of 4. The dividend yield of Canadian Natural Resources Ltd. stocks is 0.6%. Canadian Natural Resources Ltd. had an annual average earning growth of 25.5% over the past 5 years. The company increased its quarterly dividend by 42.90% to 0.15 Canadian dollars/share. The company has boosted distributions since the year 2000.
Boone Pickens bought 47,560 shares in the quarter that ended on 12/31/2009, which is 1.52% of the $225 million portfolio of BP Capital. NWQ Managers owns 3,363,852 shares as of 12/31/2009, an increase of 28898.7% from the previous quarter. This position accounts for 1.36% of the $18.28 billion portfolio of NWQ Investment Management Co.Top of Form
General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems, business aviation, information systems, and land and amphibious combat systems. General Dynamics Corp. has a market cap of $28.45 billion; its shares were traded at around $73.76 with a P/E ratio of 11.8 and P/S ratio of 0.9. The dividend yield of General Dynamics Corp. stocks is 2.1%. General Dynamics Corp. had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated General Dynamics Corp. the business predictability rank of 4.5-star. The company increased its quarterly dividend by 10.50% to 42 cents/share. This is the 17th consecutive annual dividend increase for this dividend achiever. The stock currently yields 2.30%.
General Dynamics reported 2009 fourth-quarter earnings from continuing operations of $618 million, or $1.58 per share on a fully diluted basis, compared to 2008 fourth-quarter earnings from continuing operations of $630 million, or $1.62 per share fully diluted. Full-year 2009 earnings from continuing operations were $2.41 billion, or $6.20 per share on a fully diluted basis, compared to $2.48 billion and $6.22 per share, respectively, for 2008. Revenue was $7.9 billion in the fourth quarter and $32 billion for the full-year, an increase of 9.2 percent over full-year 2008.
Kenneth Fisher owns 12,078 shares as of 12/31/2009, which accounts for less than 0.01% of the $31.32 billion portfolio of Fisher Asset Management, LLC. David Winters owns 595,280 shares as of 12/31/2009, which accounts for 8.54% of the $475 million portfolio of Wintergreen Advisors. Tom Gayner owns 392,723 shares as of 12/31/2009, which accounts for 1.89% of the $1.41 billion portfolio of Markel Gayner Asset Management Corp. David Dreman owns 5,615 shares as of 12/31/2009, which accounts for 0.01% of the $4.06 billion portfolio of Dreman Value Management.
President & CEO Jay L Johnson, Sr. V. P. & CFO Redd Hugh, and Executive Vice President Charles M Hall sold shares of GD stock.
Myers Industries Inc. (NYSE:MYE)
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. Myers Industries Inc. has a market cap of $360.5 million; its shares were traded at around $10.22 with a P/E ratio of 17.3 and P/S ratio of 0.5. The dividend yield of Myers Industries Inc. stocks is 2.4%. Myers Industries Inc. had an annual average earning growth of 6.1% over the past 5 years. The company increased its quarterly dividend by 8% to 6.5 cents/share. This dividend achiever has raised distributions for almost two decades. The stock yields 2.60%.
Myers Industries, Inc. reported results for the fourth quarter and year ended December 31, 2009. Net sales from continuing operations were $188.3 million for the fourth quarter, an increase of 5% compared to $179.3 million in the fourth quarter of 2008. Fourth quarter income and earnings per share results were adversely affected by special pre-tax expenses of $5.5 million in 2009, $13.5 million in 2008, and a goodwill impairment charge of $60.1 million in the fourth quarter of 2008, detailed in the Reconciliation Statement.
Director Richard P Johnson bought shares of MYE stock.