These are Guru companies who raised their dividend during the week: Dover Corporation (DOV, Financial), Leggett & Platt (LEG, Financial), Aqua America (WTR, Financial), Carlisle (CSL, Financial), and Church & Dwight Co. (CHD, Financial), according to http://www.dividendgrowthinvestor.com
1. Dover Corporation (DOV)
Dover Corporation (DOV), manufactures industrial products and components, as well as provides related services and consumables in the United States and internationally, increased its quarterly dividend by 4% to 26 cents per share. Dover Corporation is a dividend aristocrat, which has increased its quarterly dividend in each of the past fifty-four consecutive years. The stock currently yields 2.90%. Dover Corporation is a world-wide diversified manufacturer of industrial products. The company's businesses are divided into the following four business segments: Dover Diversified; Dover Industries; Dover Resources; and Dover Technologies. Dover Corp. has a market cap of $6.26 billion; its shares were traded at around $33.67 with a P/E ratio of 11.6 and P/S ratio of 0.8. The dividend yield of Dover Corp. stocks is 3%. Dover Corp. had an annual average earning growth of 5.1% over the past 10 years.
Dover Corporation recently reported fiscal results for its second quarter 2009 ended June 30, 2009. The company announced its total revenue of $1.4 billion and net revenue of $97.1 million ($0.52 per diluted share). This is compared to the same quarter last year which included a net revenue of $135.3 ($.71 per diluted share).
Kenneth Fisher bought 7,434,516 shares in the quarter that ended on 06/30/2009, which is 1% of the $24.67 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 206,867 shares as of 03/31/2009, which accounts for 0.11% of the $4.75 billion portfolio of Keeley Fund Management. Sell: Director Michael B Stubbs sold 137,000 shares of DOV stock on 05/07/2009 at the average price of $32.39; the price of the stock has increased by 3.95% since.
2. Leggett & Platt (LEG)
Leggett & Platt (LEG), which designs and produces a range of engineered components and products worldwide, increased its quarterly dividend by 4% to 26 cents per share. Leggett & Platt is a dividend aristocrat, which has increased its quarterly dividend in each of the past 38 years. The stock currently yields 5.80%. The company has been unable to cover its dividend payment in 2007 and 2008, so this move is definitely a surprising one from this High-Yield dividend stock at risk. On the positive side, over the past two years the company had a $1.42 and $1.16 in cash flow per share, which still barely leaves any funds for other activities. Another positive fact is that the company has announced that as long as cash flows from operations exceed $300 million, which is enough for capex and distributions, dividends are safe. Leggett & Platt Inc. is one of the leading manufacturers of engineered products serving several major markets. Sales and production are focused on residential furnishings commercial furnishings aluminum products industrial materials and specialized products. The company has facilities throughout North America and in numerous international locations. (Company Press Release) Leggett & Platt Inc. has a market cap of $2.79 billion; its shares were traded at around $17.77 with a P/E ratio of 30.1 and P/S ratio of 0.7. The dividend yield of Leggett & Platt Inc. stocks is 5.6%. Leggett & Platt Inc. had an annual average earning growth of 0.3% over the past 10 years.
Richard Aster Jr owns 20,725 shares as of 06/30/2009, which accounts for 0.02% of the $1.98 billion portfolio of Meridian Fund. Arnold Van Den Berg owns 1,863,074 shares as of 03/31/2009, which accounts for 1.93% of the $1.25 billion portfolio of Century Management. John Keeley owns 215,340 shares as of 03/31/2009, a decrease of 42.4% of from the previous quarter. This position accounts for 0.06% of the $4.75 billion portfolio of Keeley Fund Management. Buy: CEO & Pres David S Haffner bought 5,000 more shares of LEG stock on 03/05/2009 at the average price of $10.6, 5,000 more shares of LEG stock on 03/02/2009 at the average price of $10.78, 10,000 more shares of LEG stock on 02/23/2009 at the average price of $11.75, 8,000 more shares of LEG stock on 02/20/2009 at the average price of $12.26, and 15,000 shares of LEG stock on 03/06/2009 at the average price of $10.31; the price of the stock has increased by 72.36% since. Buy: Senior Vice President Jack D Crusa bought 4,000 shares of LEG stock on 02/18/2009 at the average price of $12.45; the price of the stock has increased by 42.73% since. Sell: VP-Corporate Affairs & HR John G. Moore sold 5,000 more shares of LEG stock on 05/18/2009 at the average price of $15.18 and 3,600 shares of LEG stock on 07/31/2009 at the average price of $17.42; the price of the stock has increased by 2.01% since. Sell: VP-Strategy&Investor Relations David M Desonier sold 5,000 more shares of LEG stock on 03/25/2009 at the average price of $13.37 and 6,422 shares of LEG stock on 03/26/2009 at the average price of $13.92; the price of the stock has increased by 27.66% since.
3. Aqua America (WTR)
Aqua America (WTR), which operates regulated utilities that provide water or wastewater services in the United States, increased its quarterly dividend by 7.4% to 14.50 cents per share. Aqua America is a dividend achiever, which has increased its quarterly dividend in each of the past eighteen years. The stock currently yields 3.00%. Aqua America is the largest publicly-traded U.S.-based water utility serving residents in Pennsylvania Ohio Illinois Texas New Jersey Indiana Virginia Florida North Carolina Maine Missouri New York South Carolina and Kentucky. The company has been committed to the preservation and improvement of the environment throughout its history which spans more than 100 years. Aqua America Inc. has a market cap of $2.41 billion; its shares were traded at around $17.73 with a P/E ratio of 22.7 and P/S ratio of 3.8. The dividend yield of Aqua America Inc. stocks is 3%. Aqua America Inc. had an annual average earning growth of 7.9% over the past 10 years. GuruFocus rated Aqua America Inc. the business predictability rank of 5-star.
John Keeley owns 240,000 shares as of 03/31/2009, an increase of 71.43% from the previous quarter. This position accounts for 0.1% of the $4.75 billion portfolio of Keeley Fund Management.
4. Carlisle (CSL)
Carlisle (CSL), is a diversified global manufacturing company, increased its quarterly dividend by 3.20% to 16 cents per share. This marks the 33rd consecutive year of dividend increases for Carlisle, which is a member of the dividend champion’s list. The stock currently yields 1.90%. Carlisle Companies Incorporated manufactures and distributes a wide variety of products across a broad range of industries including among others roofing construction trucking automotive foodservice industrial equipment lawn and garden and aircraft manufacturing. They market their products both as a component supplier to original equipment manufacturers as well as directly to end users. Carlisle Companies Inc. has a market cap of $2 billion; its shares were traded at around $32.68 with a P/E ratio of 16.3 and P/S ratio of 0.7. The dividend yield of Carlisle Companies Inc. stocks is 1.9%. Carlisle Companies Inc. had an annual average earning growth of 6.5% over the past 10 years.
Carlisle recently reported fiscal results for its second quarter 2009 ended June 30, 2009. The company announced its net income of $55.7 million ($0.90 per diluted share). This is compared to the same quarter last year which included a net income of $56.9 ($0.93 per diluted share).
Buy: Director Robin S Callahan bought 300 shares of CSL stock on 04/22/2009 at the average price of $21.1; the price of the stock has increased by 54.88% since.
5. Church & Dwight Co (CHD)
On July 29, 2009, the Board of Directors of Church & Dwight Co (CHD), which evelops, manufactures, and markets a range of household, personal care, and specialty products under various brand names in the United States and internationally, increased its quarterly dividend by 55.60% to 14 cents per share. Church & Dwight Co is a dividend achiever, which has increased its quarterly dividend in each of the past thirteen years. The stock currently yields only 1.00%. Church & Dwight Co Inc. is the world's leading producer of sodium bicarbonate (baking soda) a versatile chemical which performs a broad range of functions such as cleaning deodorizing leavening and buffering. The Company specializes in sodium bicarbonate and sodium bicarbonate-based products along with other products which use the same raw materials or technology. They sell their products primarily under the ARM & HAMMER(R) trademark to consumers through supermarkets drug stores and mass merchandisers;and to industrial customers/distributors. Church & Dwight Co. Inc. has a market cap of $4.04 billion; its shares were traded at around $57.47 with a P/E ratio of 18.1 and P/S ratio of 1.7. The dividend yield of Church & Dwight Co. Inc. stocks is 0.6%. Church & Dwight Co. Inc. had an annual average earning growth of 22.9% over the past 10 years. GuruFocus rated Church & Dwight Co. Inc. the business predictability rank of 5-star.
Jean-Marie Eveillard owns 600 shares as of 03/31/2009, which accounts for less than 0.01% of the $7.39 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Ron Baron owns 2,148,100 shares as of 03/31/2009, which accounts for 1.16% of the $9.64 billion portfolio of Baron Funds. Sell: Executive VP Global New Pdcts Steven P Cugine sold 7,350 more shares of CHD stock on 06/11/2009 at the average price of $51.26 and 8,000 shares of CHD stock on 06/15/2009 at the average price of $51.37; the price of the stock has increased by 11.87% since.
1. Dover Corporation (DOV)
Dover Corporation (DOV), manufactures industrial products and components, as well as provides related services and consumables in the United States and internationally, increased its quarterly dividend by 4% to 26 cents per share. Dover Corporation is a dividend aristocrat, which has increased its quarterly dividend in each of the past fifty-four consecutive years. The stock currently yields 2.90%. Dover Corporation is a world-wide diversified manufacturer of industrial products. The company's businesses are divided into the following four business segments: Dover Diversified; Dover Industries; Dover Resources; and Dover Technologies. Dover Corp. has a market cap of $6.26 billion; its shares were traded at around $33.67 with a P/E ratio of 11.6 and P/S ratio of 0.8. The dividend yield of Dover Corp. stocks is 3%. Dover Corp. had an annual average earning growth of 5.1% over the past 10 years.
Dover Corporation recently reported fiscal results for its second quarter 2009 ended June 30, 2009. The company announced its total revenue of $1.4 billion and net revenue of $97.1 million ($0.52 per diluted share). This is compared to the same quarter last year which included a net revenue of $135.3 ($.71 per diluted share).
Kenneth Fisher bought 7,434,516 shares in the quarter that ended on 06/30/2009, which is 1% of the $24.67 billion portfolio of Fisher Asset Management, LLC. John Keeley owns 206,867 shares as of 03/31/2009, which accounts for 0.11% of the $4.75 billion portfolio of Keeley Fund Management. Sell: Director Michael B Stubbs sold 137,000 shares of DOV stock on 05/07/2009 at the average price of $32.39; the price of the stock has increased by 3.95% since.
2. Leggett & Platt (LEG)
Leggett & Platt (LEG), which designs and produces a range of engineered components and products worldwide, increased its quarterly dividend by 4% to 26 cents per share. Leggett & Platt is a dividend aristocrat, which has increased its quarterly dividend in each of the past 38 years. The stock currently yields 5.80%. The company has been unable to cover its dividend payment in 2007 and 2008, so this move is definitely a surprising one from this High-Yield dividend stock at risk. On the positive side, over the past two years the company had a $1.42 and $1.16 in cash flow per share, which still barely leaves any funds for other activities. Another positive fact is that the company has announced that as long as cash flows from operations exceed $300 million, which is enough for capex and distributions, dividends are safe. Leggett & Platt Inc. is one of the leading manufacturers of engineered products serving several major markets. Sales and production are focused on residential furnishings commercial furnishings aluminum products industrial materials and specialized products. The company has facilities throughout North America and in numerous international locations. (Company Press Release) Leggett & Platt Inc. has a market cap of $2.79 billion; its shares were traded at around $17.77 with a P/E ratio of 30.1 and P/S ratio of 0.7. The dividend yield of Leggett & Platt Inc. stocks is 5.6%. Leggett & Platt Inc. had an annual average earning growth of 0.3% over the past 10 years.
Richard Aster Jr owns 20,725 shares as of 06/30/2009, which accounts for 0.02% of the $1.98 billion portfolio of Meridian Fund. Arnold Van Den Berg owns 1,863,074 shares as of 03/31/2009, which accounts for 1.93% of the $1.25 billion portfolio of Century Management. John Keeley owns 215,340 shares as of 03/31/2009, a decrease of 42.4% of from the previous quarter. This position accounts for 0.06% of the $4.75 billion portfolio of Keeley Fund Management. Buy: CEO & Pres David S Haffner bought 5,000 more shares of LEG stock on 03/05/2009 at the average price of $10.6, 5,000 more shares of LEG stock on 03/02/2009 at the average price of $10.78, 10,000 more shares of LEG stock on 02/23/2009 at the average price of $11.75, 8,000 more shares of LEG stock on 02/20/2009 at the average price of $12.26, and 15,000 shares of LEG stock on 03/06/2009 at the average price of $10.31; the price of the stock has increased by 72.36% since. Buy: Senior Vice President Jack D Crusa bought 4,000 shares of LEG stock on 02/18/2009 at the average price of $12.45; the price of the stock has increased by 42.73% since. Sell: VP-Corporate Affairs & HR John G. Moore sold 5,000 more shares of LEG stock on 05/18/2009 at the average price of $15.18 and 3,600 shares of LEG stock on 07/31/2009 at the average price of $17.42; the price of the stock has increased by 2.01% since. Sell: VP-Strategy&Investor Relations David M Desonier sold 5,000 more shares of LEG stock on 03/25/2009 at the average price of $13.37 and 6,422 shares of LEG stock on 03/26/2009 at the average price of $13.92; the price of the stock has increased by 27.66% since.
3. Aqua America (WTR)
Aqua America (WTR), which operates regulated utilities that provide water or wastewater services in the United States, increased its quarterly dividend by 7.4% to 14.50 cents per share. Aqua America is a dividend achiever, which has increased its quarterly dividend in each of the past eighteen years. The stock currently yields 3.00%. Aqua America is the largest publicly-traded U.S.-based water utility serving residents in Pennsylvania Ohio Illinois Texas New Jersey Indiana Virginia Florida North Carolina Maine Missouri New York South Carolina and Kentucky. The company has been committed to the preservation and improvement of the environment throughout its history which spans more than 100 years. Aqua America Inc. has a market cap of $2.41 billion; its shares were traded at around $17.73 with a P/E ratio of 22.7 and P/S ratio of 3.8. The dividend yield of Aqua America Inc. stocks is 3%. Aqua America Inc. had an annual average earning growth of 7.9% over the past 10 years. GuruFocus rated Aqua America Inc. the business predictability rank of 5-star.
John Keeley owns 240,000 shares as of 03/31/2009, an increase of 71.43% from the previous quarter. This position accounts for 0.1% of the $4.75 billion portfolio of Keeley Fund Management.
4. Carlisle (CSL)
Carlisle (CSL), is a diversified global manufacturing company, increased its quarterly dividend by 3.20% to 16 cents per share. This marks the 33rd consecutive year of dividend increases for Carlisle, which is a member of the dividend champion’s list. The stock currently yields 1.90%. Carlisle Companies Incorporated manufactures and distributes a wide variety of products across a broad range of industries including among others roofing construction trucking automotive foodservice industrial equipment lawn and garden and aircraft manufacturing. They market their products both as a component supplier to original equipment manufacturers as well as directly to end users. Carlisle Companies Inc. has a market cap of $2 billion; its shares were traded at around $32.68 with a P/E ratio of 16.3 and P/S ratio of 0.7. The dividend yield of Carlisle Companies Inc. stocks is 1.9%. Carlisle Companies Inc. had an annual average earning growth of 6.5% over the past 10 years.
Carlisle recently reported fiscal results for its second quarter 2009 ended June 30, 2009. The company announced its net income of $55.7 million ($0.90 per diluted share). This is compared to the same quarter last year which included a net income of $56.9 ($0.93 per diluted share).
Buy: Director Robin S Callahan bought 300 shares of CSL stock on 04/22/2009 at the average price of $21.1; the price of the stock has increased by 54.88% since.
5. Church & Dwight Co (CHD)
On July 29, 2009, the Board of Directors of Church & Dwight Co (CHD), which evelops, manufactures, and markets a range of household, personal care, and specialty products under various brand names in the United States and internationally, increased its quarterly dividend by 55.60% to 14 cents per share. Church & Dwight Co is a dividend achiever, which has increased its quarterly dividend in each of the past thirteen years. The stock currently yields only 1.00%. Church & Dwight Co Inc. is the world's leading producer of sodium bicarbonate (baking soda) a versatile chemical which performs a broad range of functions such as cleaning deodorizing leavening and buffering. The Company specializes in sodium bicarbonate and sodium bicarbonate-based products along with other products which use the same raw materials or technology. They sell their products primarily under the ARM & HAMMER(R) trademark to consumers through supermarkets drug stores and mass merchandisers;and to industrial customers/distributors. Church & Dwight Co. Inc. has a market cap of $4.04 billion; its shares were traded at around $57.47 with a P/E ratio of 18.1 and P/S ratio of 1.7. The dividend yield of Church & Dwight Co. Inc. stocks is 0.6%. Church & Dwight Co. Inc. had an annual average earning growth of 22.9% over the past 10 years. GuruFocus rated Church & Dwight Co. Inc. the business predictability rank of 5-star.
Jean-Marie Eveillard owns 600 shares as of 03/31/2009, which accounts for less than 0.01% of the $7.39 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Ron Baron owns 2,148,100 shares as of 03/31/2009, which accounts for 1.16% of the $9.64 billion portfolio of Baron Funds. Sell: Executive VP Global New Pdcts Steven P Cugine sold 7,350 more shares of CHD stock on 06/11/2009 at the average price of $51.26 and 8,000 shares of CHD stock on 06/15/2009 at the average price of $51.37; the price of the stock has increased by 11.87% since.
