Archive for May, 2007
Tuesday, May 29th, 2007
RCN Corp will pay a special dividend of $9.33 on June 11 to holders as of Tuesday, June 12. That’s 32.8% of the share price of $28.440. The company also announced a small share repurchase program. This is part of a debt restructuring program unfortunately, following a lackluster performance in 1Q07, with EBITDA ahead and […]
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Tuesday, May 29th, 2007
SWS Group, a financial holding company, will pay a special dividend of $1.08 on July 2 to holders as of Wednesday, June 13. That’s 4.7% of the share price of $22.740. $1 of this is a special dividend. As it happens, SWS already paid a $1 cash exactly one year before. In both cases, SWS […]
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Wednesday, May 23rd, 2007
Dominion Resources Black Warrior Trust, a natural gas trust, will pay a regular quarterly dividend of $0.65 on June 8 to holders as of Friday, May 25. That’s 2.4% of the share price of $27.280, or a 10% annual yield. 5 cents lower than last quarter.
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Thursday, May 17th, 2007
Truckload carrier Heartland Express will pay a special dividend of $2.00 on May 30 to holders as of Tuesday, May 22. That’s 11.1% of the share price of $18.090. HTLD has plenty of cash on its balance sheet, but currently sluggish freight demand and weak pricing may weight down on its share performance in the […]
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Thursday, May 17th, 2007
Span-America, a maker of medical equipments, will pay a special dividend of $5.00 on June 6 to holders as of Thursday, June 7. That’s 18% of the share price of $27. Span-America will fund the dividend with cash generated from the liquidation of short-term investments and new long-term debt. SPAN just announced a very solid […]
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Wednesday, May 16th, 2007
Nordic American Tanker will pay a regular quarterly dividend of $1.24 on May 31 to holders as of Monday, May 21. That’s 3.1% of the share price of $40, or a 12% annual yield. The operator of crude-oil tankers landed buoyant spot rates this quarter, up 5 percent sequentially to just south of $42,000 a […]
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Tuesday, May 15th, 2007
France Telecom will pay a regular yearly dividend of $1.63 on July 3 to holders as of Monday, June 4. That’s 5.6% of the share price of $30.
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Thursday, May 10th, 2007
Diana Shipping, a dry bulk transporter, will pay a regular quarterly dividend of $0.50 on May 23 to holders as of Monday, May 14 (taxed as earning dividend). That’s 2.2% of the share price of $23.000, or a 9% annual yield. Shipping rates have been highly volatile in the last few years, but tanker rates […]
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Friday, May 4th, 2007
InfoSpace, which operates dogpile.com and other lesser search sites, will pay a special dividend of $6.30 on May 28 to holders as of Wednesday, May 16. That’s 24.5% of the share price of $25.740. The dividend is part of an agreement to avoid a proxy contest with Sandell Asset Management Corp., a major shareholder. The […]
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