Dominion Resources Black Warrior Trust, a natural gas trust, will pay a regular quarterly dividend of $0.69 on March 9 to holders as of Tuesday, February 27. That’s 2.5% of the share price of $27.260, or a 10% annual yield

Steinway Musical Instruments will pay a special dividend of 3.00 on March 9 to holders as of Wednesday, February 21. Thats 8.7% of the share price of 34. Strong cash flows, strong balance sheet. Looks like a winner.

Scotts Miracle-Gro, a supplier of lawn and garden products, will pay a special dividend of $8.00 on March 5 to holders as of Thursday, February 22. That’s 14.0% of the share price of $57.040. The dividend will be funded through increased borrowings under its new credit facility. Cash out quickly and let future shareholders pay […]

Investment company Source Capital, a diversified REIT, will pay a regular quarterly dividend of $1.00 on March 15 to holders as of Wednesday, February 21.

Health Management Associates will pay a special dividend of $10.00 on March 1 to holders as of Friday, March 2. That’s about half the share price of $20. This dividend will be paid out of excess capital, but mostly accumulated through borrowing. This has already hurt the company’s credit rating. The rural hospital chain expects […]

Nordic American Tanker will pay a regular quarterly dividend of $1.00 on March 1 to holders as of Tuesday, February 20. That’s 2.8% of the share price of $35.350, or a 11% annual yield. NAT is reduing its quarterly dividend by 30 percent.

Genco Shipping and Trading will pay a regular quarterly dividend of $0.66 to holders as of Wednesday, February 21. That’s 2.1% of the share price of $32.030, or a 8% annual yield.

infoUSA will pay a special dividend of $0.35 on March 5 to holders as of Wednesday, February 14. That’s 3.4% of the share price of $10.30. This includes of a regular cash dividend of 25 cents per common share and a special dividend of 10 cents per share. This is a cash-rich, high margin business […]

KKR Financial Corp. will pay a regular quarterly dividend of $0.54 on February 28 to holders as of Tuesday, February 13.

Santa Fe Energy Trust, an Oil and Gas investment trust, will pay a regular quarterly dividend of $0.88 on February 28 to holders as of Tuesday, February 13. That’s 2.8% of the share price of $31.260, or a 11% annual yield. The Trust will be liquidated shortly.

Southern Copper will pay a regular quarterly dividend of $1.70 on March 2 to holders as of Friday, February 9. That’s 2.6% of the share price of $65.100, or a 10% annual yield. PCU pays constently high yield dividends, but Copper prices are in a downtrend right now with production rising globally since mid 2006. […]

Diamond Offshore Drilling, an Oil and Gas drilling and exploration company, will pay a special dividend of $4.13 on March 1 to holders as of Monday, February 12. That’s 4.9% of the share price of $84.200. This includes the regular dividend of $0.125 per share.

Nic Inc, a provider of Web sites for government agencies, will pay a special dividend of $0.75 on February 20 to holders as of Thursday, February 8. That’s 13.4% of the share price of $5.590. On a side note, according to an academic study “Special dividends and the evolution of dividend signaling” http://marshallinside.usc.edu/ldeangel/Publications/SpecialDiv.pdf, 61.7 pct […]

New York utility company Con Ed will pay a regular quarterly dividend of $0.58 on March 15 to holders as of Monday, February 12. The company came under heavy fire from local politicians for his handling of blackouts last summer. Solid financials though.