This is the group of companies who raised their dividend during the week: AstroMed Inc., MEAD JOHNSON NUTRITI, Guess?, Inc., Air Products and Chemicals Inc., and Prospect Capital Corp.
AstroMed Inc. (ALOT, Financial)
ASTRO-MED, INC. develops, designs, manufactures and sells a comprehensive line of specialty data printers and related electronic systems, computer software, and printer consumables. Astromed Inc. has a market cap of $54.9 million; its shares were traded at around $7.68 with a P/E ratio of 30.7 and P/S ratio of 0.9. On March 16th the company raised its quarterly dividend to $0.07/share. The dividend is payable on April 2, 2010 to shareholders of record on March 19, 2010. The ex-dividend date is March 17, 2010. The yield based on the new payout is 3.76%.
Astro-Med, Inc. reported of net income of $1,728,000, equal to $0.23 per diluted share on sales of $16,281,000 for the fourth quarter ended January 31, 2010. During the comparable period of the previous year, the company reported net income of $263,000, equal to $0.04 per diluted share on sales of $15,631,000. Sales revenues were also higher by 4.2% over the previous year's fourth quarter.
MEAD JOHNSON NUTRITI (MJN, Financial)
Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutriti has a market cap of $10.6 billion; its shares were traded at around $51.83 with a P/E ratio of 23.4 and P/S ratio of 3.8. On March 17th the company increased its quarterly dividend 12.5% to $0.225/share. The dividend is payable April 1, 2010, to shareholders of record on March 24, 2010. The ex-dividend date is March 22. The yield based on the new payout is 1.75%.
Mead Johnson Nutrition Company announced financial results for the fourth quarter and year ended Dec. 31, 2009. GAAP net earnings of $1.99 per diluted share for 2009, compared with $2.32 per diluted share for 2008. Non-GAAPnet earnings for 2009 of $2.23 per diluted share, up from $1.90 per diluted share a year earlier. GAAP net earnings of $0.31 per diluted share for the fourth quarter of 2009 compared with $0.27 per diluted share for the year-ago fourth quarter. Non-GAAPnet earnings of $0.48 per diluted share for the fourth quarter, up from $0.36 per diluted share last year. Gains were driven by strong contributions from emerging markets, lower commodity costs and a reduced tax rate, partially offset by significantly higher demand-generation investments.
MEAD JOHNSON NUTRITI is owned by Daniel Loeb, Lee Ainslie, and John Paulson.
Guess? Inc. (GES, Financial)
Guess?, Inc. designs, markets, distributes and licenses one of the world's lifestyle collections of casual apparel, accessories and related consumer products. Guess?, Inc. has a market cap of $4.4 billion; its shares were traded at around $47.6 with a P/E ratio of 18 and P/S ratio of 2.1. On March 17th the company increased its quarterly dividend to $0.16/share. The yield based on the new payout is 1.37%.
Guess? Inc. reported financial results for the third quarter of its 2010 fiscal year, which ended October 31, 2009. Total net revenue for the third quarter of fiscal 2010 decreased 1.0% to $522.8 million from $527.9 million in the prior-year quarter. Currency translation did not have a material effect on total revenues in the quarter. The Company's retail stores in North America generated net revenue of $239.5 million in the third quarter of fiscal 2010, a 1.9% increase from $235.1 million in the same period a year ago. Comparable store sales decreased 3.4% for the third quarter of fiscal 2010, compared to the same period a year ago.
Guess? Inc. is owned by Ken Heebner.
Vice Chairman & CEO, 10% Owner Paul Marciano, SVP & CFO Dennis R Secor, and SVP & CIO Michael Relich sold shares of GES stock.
Air Products and Chemicals Inc. (APD)
Air Products and Chemicals, Inc. has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals. Air Products And Chemicals Inc. has a market cap of $15.77 billion; its shares were traded at around $74.32 with a P/E ratio of 17.4 and P/S ratio of 1.9. Air Products And Chemicals Inc. had an annual average earning growth of 7.5% over the past 10 years. On March 18th the company raised its quarterly dividend by 9% to $0.49/share. The dividend is payable on May 10, 2010 to shareholders of record at the close of business on April 1, 2010. The yield based on the new payout is 2.62%.
Air Products and Chemicals Inc. is owned by Marie Eveillard and Dodge & Cox.
Prospect Capital Corp. (PSEC, Financial)
Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital Corp. has a market cap of $810.7 million; its shares were traded at around $12.75 with a P/E ratio of 14.8 and P/S ratio of 8. Prospect Capital Corp. had an annual average earning growth of 36.8% over the past 5 years. March 18th the company raised its cash distribution to $0.41/share. This distribution marks the Company’s 22nd consecutive quarterly increase. The ex-dividend date is Monday, March 29, 2010. The record date is Wednesday, March 31, 2010. The yield based on the new payout is 13.48%.
Prospect Capital Corporation announced financial results for its first fiscal quarter ended September 30, 2009. For the quarter ended September 30, 2009, our net investment income was $12.3 million, or 25 cents per weighted average number of shares for the quarter.
CEO John F Barry, Director Eugene S Stark, and COO M Grier Eliasek bought shares of PSEC stock.
AstroMed Inc. (ALOT, Financial)
ASTRO-MED, INC. develops, designs, manufactures and sells a comprehensive line of specialty data printers and related electronic systems, computer software, and printer consumables. Astromed Inc. has a market cap of $54.9 million; its shares were traded at around $7.68 with a P/E ratio of 30.7 and P/S ratio of 0.9. On March 16th the company raised its quarterly dividend to $0.07/share. The dividend is payable on April 2, 2010 to shareholders of record on March 19, 2010. The ex-dividend date is March 17, 2010. The yield based on the new payout is 3.76%.
Astro-Med, Inc. reported of net income of $1,728,000, equal to $0.23 per diluted share on sales of $16,281,000 for the fourth quarter ended January 31, 2010. During the comparable period of the previous year, the company reported net income of $263,000, equal to $0.04 per diluted share on sales of $15,631,000. Sales revenues were also higher by 4.2% over the previous year's fourth quarter.
MEAD JOHNSON NUTRITI (MJN, Financial)
Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutriti has a market cap of $10.6 billion; its shares were traded at around $51.83 with a P/E ratio of 23.4 and P/S ratio of 3.8. On March 17th the company increased its quarterly dividend 12.5% to $0.225/share. The dividend is payable April 1, 2010, to shareholders of record on March 24, 2010. The ex-dividend date is March 22. The yield based on the new payout is 1.75%.
Mead Johnson Nutrition Company announced financial results for the fourth quarter and year ended Dec. 31, 2009. GAAP net earnings of $1.99 per diluted share for 2009, compared with $2.32 per diluted share for 2008. Non-GAAPnet earnings for 2009 of $2.23 per diluted share, up from $1.90 per diluted share a year earlier. GAAP net earnings of $0.31 per diluted share for the fourth quarter of 2009 compared with $0.27 per diluted share for the year-ago fourth quarter. Non-GAAPnet earnings of $0.48 per diluted share for the fourth quarter, up from $0.36 per diluted share last year. Gains were driven by strong contributions from emerging markets, lower commodity costs and a reduced tax rate, partially offset by significantly higher demand-generation investments.
MEAD JOHNSON NUTRITI is owned by Daniel Loeb, Lee Ainslie, and John Paulson.
Guess? Inc. (GES, Financial)
Guess?, Inc. designs, markets, distributes and licenses one of the world's lifestyle collections of casual apparel, accessories and related consumer products. Guess?, Inc. has a market cap of $4.4 billion; its shares were traded at around $47.6 with a P/E ratio of 18 and P/S ratio of 2.1. On March 17th the company increased its quarterly dividend to $0.16/share. The yield based on the new payout is 1.37%.
Guess? Inc. reported financial results for the third quarter of its 2010 fiscal year, which ended October 31, 2009. Total net revenue for the third quarter of fiscal 2010 decreased 1.0% to $522.8 million from $527.9 million in the prior-year quarter. Currency translation did not have a material effect on total revenues in the quarter. The Company's retail stores in North America generated net revenue of $239.5 million in the third quarter of fiscal 2010, a 1.9% increase from $235.1 million in the same period a year ago. Comparable store sales decreased 3.4% for the third quarter of fiscal 2010, compared to the same period a year ago.
Guess? Inc. is owned by Ken Heebner.
Vice Chairman & CEO, 10% Owner Paul Marciano, SVP & CFO Dennis R Secor, and SVP & CIO Michael Relich sold shares of GES stock.
Air Products and Chemicals Inc. (APD)
Air Products and Chemicals, Inc. has established an internationally recognized industrial gas and related industrial process equipment business, and developed strong positions as a producer of certain chemicals. Air Products And Chemicals Inc. has a market cap of $15.77 billion; its shares were traded at around $74.32 with a P/E ratio of 17.4 and P/S ratio of 1.9. Air Products And Chemicals Inc. had an annual average earning growth of 7.5% over the past 10 years. On March 18th the company raised its quarterly dividend by 9% to $0.49/share. The dividend is payable on May 10, 2010 to shareholders of record at the close of business on April 1, 2010. The yield based on the new payout is 2.62%.
Air Products and Chemicals Inc. is owned by Marie Eveillard and Dodge & Cox.
Prospect Capital Corp. (PSEC, Financial)
Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital Corp. has a market cap of $810.7 million; its shares were traded at around $12.75 with a P/E ratio of 14.8 and P/S ratio of 8. Prospect Capital Corp. had an annual average earning growth of 36.8% over the past 5 years. March 18th the company raised its cash distribution to $0.41/share. This distribution marks the Company’s 22nd consecutive quarterly increase. The ex-dividend date is Monday, March 29, 2010. The record date is Wednesday, March 31, 2010. The yield based on the new payout is 13.48%.
Prospect Capital Corporation announced financial results for its first fiscal quarter ended September 30, 2009. For the quarter ended September 30, 2009, our net investment income was $12.3 million, or 25 cents per weighted average number of shares for the quarter.
CEO John F Barry, Director Eugene S Stark, and COO M Grier Eliasek bought shares of PSEC stock.
