Guru Stock Buys Dividends: Enterprise Products Partners L.P., Shaw Communications Inc., Linear Technology Corp.

Guru Stock Buys Dividends: EPD, SJR, LLTC

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Jan 25, 2010
This is the group of companies who raised their dividend during the week: Enterprise Products Partners L.P., Shaw Communications Inc., and Linear Technology Corp.


1.Enterprise Products Partners L.P. (EPD, Financial)


Enterprise Products Partners L.P. is a provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. Enterprise Products Partners L.p. has a market cap of $19.4 billion; its shares were traded at around $32.08 with a P/E ratio of 18.3 and P/S ratio of 0.9. The dividend yield of Enterprise Products Partners L.p. stocks is 6.9%. Enterprise Products Partners L.p. had an annual average earning growth of 7.9% over the past 10 years.


Enterprise Products Partners L.P. (EPD) announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.56 per common unit, or $2.24 per unit on an annualized basis. This distribution rate, which represents a 5.7 percent increase over the $0.53 per unit distribution rate declared with respect to the fourth quarter of 2008.


Enterprise Products Partners L.P. announced its financial results for the three months ended September 30, 2009. For the third quarter of 2009, Enterprise reported record gross operating margin of $561 million. Net income attributable to Enterprise for the third quarter of 2009 was $213 million, or $0.36 per unit. Net income was reduced by $50 million, or$0.11 per unit.


Buy:: Chairman, 10% Owner Dan L Duncan bought 5,940,594 shares of EPD stock on 09/03/2009 at the average price of 25.25, 19,500 shares of EPD stock on 09/29/2009 at the average price of 28.38, 171,017 shares of EPD stock on 11/12/2009 at the average price of 28.79, and 4,000 shares of EPD stock on 11/16/2009 at the average price of 29.27, the price of the stock has increased by 9.6% since.


2.Shaw Communications Inc. (SJR, Financial)


Shaw Communications Inc. is Canada's largest broadband service provider. The company provides cable and satellite services, as well as high-speed Internet access within North America. Shaw Communications Inc. has a market cap of $7.92 billion; its shares were traded at around $19.11 with a P/E ratio of 16.5 and P/S ratio of 2.8. The dividend yield of Shaw Communications Inc. stocks is 4.1%. Shaw Communications Inc. had an annual average earning growth of 20.8% over the past 5 years.


Shaw Communications Inc. (SJR) increased its quarterly dividend by 5% to 22 cents per share.


Shaw Communications Inc. announced results for the first quarter ended November 30, 2009. Consolidated service revenue for the three month period of $906 million was up 11% over the same period last year. Net income of $114 million or $0.26 per share for the quarter ended November 30, 2009 compared to $123 million or $0.29 per share for the same quarter last year.


3.Linear Technology Corp. (LLTC, Financial)

Linear Technology products include operational, instrumentation and audio amplifiers; voltage regulators, power management devices, DC-DC converters and voltage references; comparators; monolithic filters; communications interface circuits; one-chip data acquisition sub-systems; pulse-width modulators and sample-and-hold devices.


Linear Technology Corp. has a market cap of $6.11 billion; its shares were traded at around $27.37 with a P/E ratio of 24.4 and P/S ratio of 6.3. The dividend yield of Linear Technology Corp. stocks is 3.1%. Linear Technology Corp. had an annual average earning growth of 10.7% over the past 10 years. Linear Technology Corporation (LLTC) increased its quarterly dividend by 4.5% to 23 cents per share.


Jean-Marie Eveillard owns 6,612,277 shares as of 09/30/2009, which accounts for 1.7% of the $10.76 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.


Sell:: VP POWER MANAGEMENT PRODUCT Steve Pietkiewicz sold 2,517 shares of LLTC stock on 11/27/2009 at the average price of 26.96, the price of the stock has increased by 1.52% since. Sell:: VP ENGINEERING AND CTO Robert C Dobkin sold 10,000 shares of LLTC stock on 10/30/2009 at the average price of 26.03, 10,000 shares of LLTC stock on 11/02/2009 at the average price of 25.96, and 10,000 shares of LLTC stock on 11/23/2009 at the average price of 26.75, the price of the stock has increased by 2.32% since. Sell:: VP INTERNATIONAL SALES David A Quarles sold 1,935 shares of LLTC stock on 10/28/2009 at the average price of 26.21, the price of the stock has increased by 4.43% since.