Guru Stocks Raising Dividends: RTN, UDR, WPC, AERL, BMR

Author's Avatar
Mar 26, 2012
This is the group of companies who raised their dividend during the week: Raytheon Company, United Dominion Realty Trust Inc., W. P. Carey & Co. LLC, Asia Entertainment & Resources Ltd. and Biomed Realty Trust.


Raytheon Company(RTN, Financial)


Raytheon Company is a global technology company. The company provides products and services in the areas of defense and commercial electronics, engineering and construction, and business and special mission aircraft. Raytheon Company has a market cap of $17.73 billion; its shares were traded at around $52.16 with a P/E ratio of 9.09 and P/S ratio of 0.71. On March 21st the company increased its quarterly dividend 16% to $0.50 per share. The dividend is payable on May 3, 2012, to shareholders of record as of the close of business on April 4, 2012. The yield based on the new payout is 3.9%.


Raytheon Company announced fourth quarter 2011 Adjusted EPS of $1.74 per diluted share compared to $1.55 per diluted share in the fourth quarter 2010. Net sales for the fourth quarter 2011 were $6,441 million, compared to $6,885 million in the fourth quarter 2010.


Mark Hillman, Joel Greenblatt, and James Barrow own shares of RTN stock.


Chairman and CEO William H. Swanson, Senior Vice President Keith J. Peden, and Senior Vice President Keith J. Peden sold shares of RTN stock.


United Dominion Realty Trust Inc. (UDR, Financial)


United Dominion Realty Trust Inc. is a multi-family real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties. UDR Inc. has a market cap of $5.72 billion; its shares were traded at around $25.61 with a P/E ratio of 20.01 and P/S ratio of 8.27. On March 19th the company increased its quarterly dividend 2.3% to $0.22 per share. The dividend is payable April 30, 2012 to shareholders of record as of April 9, 2012. The yield based on the new payout is 3.4%.


UDR Inc. announced its fourth quarter and full year 2011 results. Same-store net operating income increased 7.7 percent year-over-year for the fourth quarter 2011 while same-store revenue increased 5.3 percent over the same period.


Chris Davis owns shares of UDR stock.


CEO Thomas W. Toomey, Senior Vice President and CFO David L. Messenger, and Senior Executive VP Warren L. Troupe sold shares of UDR stock.


W. P. Carey & Co. LLC (WPC, Financial)


Founded in 1973, W. P. Carey & Co. LLC has long served as the preeminent provider of sale-leaseback financing to private equity firms and companies around the world. W. P. Carey & Co. LLC has a market cap of $1.95 billion; its shares were traded at around $49 with a P/E ratio of 13.84 and P/S ratio of 5.79. On March 19th the company increased its quarterly dividend 0.4% to 0.565 per share. The dividend is payable on April 16, 2012 to shareholders of record as of March 31, 2012. The yield based on the new payout is 4.9%.


W. P. Carey & Co. LLC reported financial results for the fourth quarter and year-ended Dec. 31, 2011. Total revenues net of reimbursed expenses for the fourth quarter of 2011 were $47.8 million, compared to $65.0 million for the fourth quarter of 2010. Net Income for the fourth quarter of 2011 was $9.1 million, compared to $19.8 million for the same period in 2010. For the year ended Dec. 31, 2011, net income was $139.1 million, compared to $74.0 million for 2010.


Tom Gayner owns shares of WPC stock.


Director Robert E. Mittelstaedt Jr. and Director Koeller Karsten Von sold shares of WPC stock.


Asia Entertainment & Resources Ltd. (AERL, Financial)


Asia Entertainment & Resources Ltd. is an investment holding company. Asia Entertainment & Resources Ltd. has a market cap of $258.43 million; its shares were traded at around $6.66 with a P/E ratio of 3.42 and P/S ratio of 1.03. On March 19, the company increased its semi-annual dividend 20% to $0.12 per share. The yield based on the new payout is 3.9%.


Asia Entertainment & Resources Ltd. announced unaudited financial results for the three and nine months ended Sept. 30, 2011. Revenue for the three months ended Sep. 30, 2011 was $74.4 million, up 161% from $28.5 million in the same period of 2010.


Biomed Realty Trust (BMR, Financial)


Biomed Realty Trust is focused on acquiring, owning, leasing, managing and selectively developing laboratory and office space for lease to life science tenants, including biotechnology and pharmaceutical companies, scientific research institutes, government agencies and other entities involved in the life science industry. Biomed Realty Trust has a market cap of $2.95 billion; its shares were traded at around $19.11 with a P/E ratio of 16.19 and P/S ratio of 6.7. On March 15th the company increased its quarterly dividend 7.5% to $0.215 per share. The dividend is payable on April 16, 2012 to shareholders of record as of March 30, 2012. The yield based on the new payout is 4.5%.


Biomed Realty Trust Inc. announced financial results for the fourth quarter and full-year ended Dec. 31, 2011. The company generated total revenues for the quarter of $112.4 million, up 7.0% from $105.0 million in the same period in 2010. It also increased consolidated net operating income on a cash basis for the quarter by 7.6%, to $75.4 million from $70.1 million in the same period in 2010.


Chris Davis and Ken Fisher own shares of BMR stock.


Vice President and Chief Accounting Officer Stephen A. Willey sold shares of BMR stock.