Guru Stocks Raising Dividends: RSG, NEM, CTBI, KDN, HUVL

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Aug 01, 2011
Weekly dividends: Republic Services Inc. (RSG, Financial), Newmont Mining Corp. (NEM, Financial), Community Trust Bancorp Inc. (CTBI, Financial), Kaydon Corp. (KDN, Financial) and Hudson Valley Holding Corp. (HUVL, Financial).


Republic Services Inc. (RSG)




Republic Services Inc. is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $11.01 billion; its shares were traded at around $29.03 with a P/E ratio of 16.9 and P/S ratio of 1.4. The dividend yield of Republic Services Inc. stocks is 2.8%. Republic Services Inc. had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 5-star.


On July 28, the company increased its quarterly dividend 10% to $0.22 per share. The dividend is payable on October 17, 2011, to stockholders of record on October 3, 2011. The yield based on the new payout is 3.1%.


Republic Services Inc. is in the portfolios of PRIMECAP Management, Ruane Cunniff, Bill Gates, Wallace Weitz, Chris Davis, Ron Baron, and Mario Gabelli.


Executive Vice President of Operations Kevin Walbridge sold 10,000 shares of RSG stock in May.


Newmont Mining Corp. (NEM)

Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. Newmont Mining Corp. has a market cap of $27.43 billion; its shares were traded at around $55.61 with a P/E ratio of 13.9 and P/S ratio of 2.8. The dividend yield of Newmont Mining Corp. stocks is 1.5%. Newmont Mining Corp. had an annual average earnings growth of 15.1% over the past 10 years. GuruFocus rated Newmont Mining Corp. the business predictability rank of 2.5-star.


On July 27, the company increased its quarterly dividend 50% to $0.30 per share. The dividend is payable on Sept. 29, 2011, to holders of record at the close of business on Sept. 8, 2011. The yield based on the new payout is 2.1%.


Newmont Mining Corp. is in the portfolios of John Hussman, NWQ Managers, Jean-Marie Eveillard, Richard Aster Jr, Richard Snow, Third Avenue Management, Kenneth Fisher, David Dreman, PRIMECAP Management, Mario Gabelli, and Donald Smith.


In June, Senior Vice President, South American Operations Cruz Carlos Santa sold 10,000 shares of NEM stock. Senior Vice President, African Operations David Schummer and Senior Vice President, North American Operations Thomas R. Kerr sold shares in May.


Community Trust Bancorp Inc. (CTBI)

Community Trust Financial Services Corporation was incorporated under the laws for the purpose of becoming a bank holding company for Community Trust Bank. Community Trust Bancorp Inc. has a market cap of $417.7 million; its shares were traded at around $27.12 with a P/E ratio of 11.5 and P/S ratio of 2.1. The dividend yield of Community Trust Bancorp Inc. stocks is 4.4%. Community Trust Bancorp Inc. had an annual average earnings growth of 1.1% over the past 10 years.


On July 27, the company increased its quarterly dividend 1.6% to $0.31 per share. The dividend is payable on Oct. 1, 2011, to shareholders of record on Sept. 15, 2011. The yield based on the new payout is 4.6%.


In June, Director Nick Carter bought 1,000 shares of CTBI stock. Director Charles Anthony W. St. bought 1,000 shares in May.


Kaydon Corp. (KDN)

Kaydon Corporation is a designer and manufacturer of custom-engineered, critical performance products for a broad and diverse customer base. Kaydon Corp. has a market cap of $1.16 billion; its shares were traded at around $35.65 with a P/E ratio of 20.5 and P/S ratio of 2.6. The dividend yield of Kaydon Corp. stocks is 2.1%. Kaydon Corp. had an annual average earnings growth of 7.6% over the past 10 years.


On July 27, the company increased its quarterly dividend 1.6% to $0.31 per share. The dividend is payable on October 1, 2011, to shareholders of record on September 15, 2011. The yield based on the new payout is 4.6%.


Kaydon Corp. is in the portfolios of Joel Greenblatt, Jean-Marie Eveillard, John Keeley, and George Soros.


Hudson Valley Holding Corp. (HUVL)

Hudson Valley Holding Corp. is the holding company for Hudson Valley Bank. Hudson Valley Holding Corp. has a market cap of $379.8 million; its shares were traded at around $21.48 with a P/E ratio of 74.3 and P/S ratio of 2.7. The dividend yield of Hudson Valley Holding Corp. stocks is 2.8%.


On July 27, the company increased its quarterly dividend 33% to $0.20 per share. The dividend is payable to shareholders of record as of the close of business on Aug.12, 2011 on or about Aug. 22, 2011. The yield based on the new payout is 4.1%.


Hudson Valley Holding Corp. is in the portfolio of Mario Gabelli.


In May, Executive Vice President of HUVL Operating Sub Paul S. Ulrich bought 1,100 shares of HUVL stock.