Weekly Raised Dividends: PROV, KMI, OKE, ANCX, TMP

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Jul 25, 2011
Weekly Raised Dividends: Provident Financial Holdings Inc. (PROV, Financial), Kinder Morgan Inc. (KMI, Financial), Oneok Inc. (OKE, Financial), Access National Corp. (ANCX, Financial), and Tompkins Financial Inc. (TMP, Financial).


Provident Financial Holdings Inc. (PROV)



Provident Financial Holdings Inc. (PROV) provides community banking and mortgage banking services to consumers and small to mid-sized businesses. Provident Financial Holdings Inc. has a market cap of $97.86 million; its shares were traded at around $8.57 with a P/E ratio of 6.86 and P/S ratio of 1.06. The dividend yield of Provident Financial Holdings Inc. stocks is $0.47


On July 21, the company tripled it dividend to $0.03 per share. The dividend is payable to shareholders of record at the close of business on Aug. 19, 2011 and is payable on Sept. 16, 2011. The yield based on the new payout is 1.4%.


Kinder Morgan Inc. (KMI)



Kinder Morgan Inc. is engaged in energy transportation and storage in North America. Kinder Morgan has a market cap of $20.05 billion; its shares were traded at around $28.36. The dividend yield of Kinder Morgan stocks is 0.49%.


On July 20, the company increased its quarterly dividend 1.4% to $0.30 per share. The dividend is payable on Aug. 15, 2011, to shareholders of record as of Aug. 1, 2011. The yield based on the new payout is 4.2%.


Kinder Morgan Inc. is in the portfolios of Jean-Marie Eveillard and David Williams.


In May, Vice President of Human Resources & Administration James E Street bought 72,800 shares of KMI stock. 10% Owner Sachs Group Inc., Director Henry Cornell, and Director Kenneth A. Pontarelli sold shares in March.


Oneok Inc. (OKE)



Oneok Inc. is engaged in several aspects of the energy business. Oneok Inc. has a market cap of $8.1 billion; its shares were traded at around $75.65 with a P/E ratio of 27.71 and P/S ratio of 0.62. The dividend yield of Oneok Inc. stocks is 2.75%. Oneok Inc. had an annual average earnings growth of 5.8% over the past 10 years.


On July 20, the company increased its quarterly dividend 8% to $0.56 per share. The dividend is payable Aug. 12, 2011, to shareholders of record at the close of business Aug. 1, 2011. The yield based on the new payout is 3.0%.


Oneok Inc. is in the portfolio of James Barrow and George Soros.


In May, Director Pattye L. Moore sold 2,500 shares of OKE stock. Director Eduardo A. Rodriguez sold 1,500 shares in March.


Access National Corp. (ANCX)



Access National Corporation serves as the holding company for Access National Bank and its subsidiaries, Access National Mortgage Corporation and Access National Leasing Corporation. Access National Corp. has a market cap of $83.46 million; its shares were traded at around $8.08 with a P/E ratio of 8.69 and P/S ratio of 1.2. The dividend yield of Access National Corp. stocks is 1.49%. Access National Corp. had an annual average earnings growth of 6.6% over the past 10 years.


On July 20, the company increased its quarterly dividend 33% to $0.04 per share. The dividend is payable to shareholders of record as of Aug. 4, 2011 and payable on Aug. 25, 2011. This action represents the third consecutive quarter of a dividend increase. The yield based on the new payout is 2.1%.


In May, Director Thomas M. Kody and Director John W. Edgemond IV bought shares of ANCX stock.


Tompkins Financial Inc. (TMP)



Tompkins Financial Inc. is a bank holding company for Tompkins County Trust Company. Tompkins Financial Inc. has a market cap of $439.13 million; its shares were traded at around $40.35 with a P/E ratio of 12.81 and P/S ratio of 2.31. The dividend yield of Tompkins Financial stocks is 3.37%. Tompkins Financial had an annual average earnings growth of 6% over the past 10 years. GuruFocus rated Tompkins Financial the business predictability rank of 5-star.


On July 20, the company increased its quarterly dividend 5.9% to $0.36 per share. The dividend is payable on Aug. 15, 2011, to common shareholders of record on Aug. 5, 2011. The yield based on the new payout is 3.6%.


In May, Vice Chairman James W. Fulmer sold 373 shares of TMP stock.