Guru Stocks Raising Dividends: Flowers Foods Inc., Universal Health Realty Income Trust, TriContinental Corp., Communications Systems Inc, Caterpillar Inc.

This is the group of companies who raised their dividend during the week: Flowers Foods Inc. (FLO, Financial), Universal Health Realty Income Trust (UHT, Financial), TriContinental Corp. (TY, Financial), Communications Systems Inc (JCS, Financial), and Caterpillar Inc. (CAT, Financial)

Flowers Foods Inc. (FLO)

Flowers Foods, Inc. is one of the largest producers and marketers of a full line of frozen and non-frozen bakery and dessert products in the United States. Flowers Foods Inc. has a market cap of $2.32 billion; its shares were traded at around $25.29 with a P/E ratio of 17.81 and P/S ratio of 0.89. On June 4th the company increased its quarterly dividend 14.3% to $0.20/share. The dividend is payable on July 2 to shareholders of record on June 18. The ex-dividend date is June 16. The yield based on the new payout is 3.22%.


Flowers Foods, Inc. reported sales and earnings for its 16-week first quarter ended April 24, 2010. Flower Foods increased net income 8.8% over last year's first quarter and achieved $.44 diluted earnings per share, a 10.0% increase over last year's first quarter.


Flowers Foods Inc. is owned by John Keeley.


Director Joe E Beverly bought shares of FLO stock.


SVP&Chief Information Officer Vyto F Razminas sold shares of FLO stock.

Universal Health Realty Income Trust (UHT)

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service-related facilitiesincluding acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers,childcare centers and medical office buildings. Universal Health Realty Income Trust has a market cap of $400 million; its shares were traded at around $33.08 with a P/E ratio of 12.92 and P/S ratio of 12.53. On June 4th the company raised its quarterly dividend to $0.605/share. The dividend is payable on June 30, 2010 to shareholders of record as of June 16, 2010. The ex-dividend date is June 14, 2010. UHT has raised its dividend for 23 consecutive years. The yield based on the new payout is 7.59%.


Universal Health Services, Inc. recently announced that its reported quarterly net income attributable to UHS was $71.8 million, or an increase of 7% to $.73 per diluted share, during the first quarter of 2010 as compared to $67.5 million, or $.68 per diluted share, during the comparable prior year quarter. Net revenues increased 3% to $1.35 billion during the first quarter of 2010 as compared to $1.31 billion during the first quarter of 2009.

TriContinental Corp. (TY)

TRI-CONTINENTAL CORP. is an investment corporation of the generalmanagement type with broad charter powers, including among others, the power to buy, hold, sell and underwrite securities of any kind, and to participate in underwritings and syndicates generally. Tricontinental Corp. has a market cap of $809.08 million; its shares were traded at around $11.79. On June 4th the fund increased its quarterly distribution 11% to $0.05/share. The dividend is payable on July 1 to shareholders of record on June 14. The ex-dividend date is June 10. The yield based on the new payout is 1.77%.

Communications Systems Inc (JCS)

Communications Systems manufactures and markets connectors and wiring devices for voice, data and video communications under the ``Suttle`` brand name in the United States and internationally. Communications Systems Inc has a market cap of $92.69 million; its shares were traded at around $11.09 with a P/E ratio of 15.19 and P/S ratio of 0.84. On June 7th the company raised its quarterly dividend 7% to $0.15/share. The dividend is payable on July 1 to shareholders of record on June 21. The ex-dividend date is June 17. The yield based on the new payout is 5.75%.


Communications Systems Inc is owned by John Keeley.


CEO & President Jeffrey K Berg and CFO & VP David T Mcgraw bought shares of JCS stock.


VP GEN MGR Bruce C Blackwood sold shares of JCS stock.

Caterpillar Inc. (CAT)

Caterpillar Inc is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Caterpillar Inc. has a market cap of $41.37 billion; its shares were traded at around $65.85 with a P/E ratio of 29.01 and P/S ratio of 1.28. On June 9th the company increased its quarterly dividend to $0.44/share. The dividend is payable August 20, 2010, to stockholders of record at the close of business, July 20, 2010. The ex-dividend date is July 16. CAT has raised its dividend for 17 consecutive years. The yield based on the new payout is 3.10%.


Caterpillar Inc. reported a first-quarter profit of $0.36 per share, up $0.55 per share from a loss of $0.19 per share in the first quarter of 2009. Excluding a tax charge of $90 million related to the recently signed U.S. health care legislation, profit in the first quarter of 2010 was $0.50 per share. The loss of $0.19 per share in the first quarter of 2009 included $558 million of employee redundancy costs. Excluding redundancy costs, profit in the first quarter of 2009 was $0.39 per share. First-quarter sales and revenues of $8.238 billion were down from $9.225 billion in the first quarter of 2009.


Caterpillar Inc. is owned Bill Gates, Tom Gayner, and Richard Aster Jr.


Vice Chairman & CEO-Elect Douglas R Oberhelman, Group President Edward J Rapp, and Director Joshua I Smith sold shares of CAT stock.