VF Corp (VFC) increases quarterly dividend 16% to $0.37/share

Board of Directors declared a quarterly dividend of $0.37/share, reflecting a 16% increase over the previous quarter's dividend.

23 Oct 2015:  V.F. Corp misses by $0.05, misses on revs; guides FY15 EPS below consensus due to F/X impacts, reaffirms FY15 rev guidance; increases quarterly dividend 16%  :

• Reports Q3 (Sep) earnings of $1.07 per share, $0.05 worse than the Capital IQ Consensus of $1.12; revenues rose 2.6% year/year to $3.61 bln vs the $3.68 bln Capital IQ Consensus. Gross margin was 48.9% on a currency neutral basis, representing a 60 basis point improvement over the same period last year.
• Co issues guidance for FY15, sees EPS of $3.18 (prior $3.22) vs. $3.24 Capital IQ Consensus Estimate; sees FY15 revs of +3% to 12.65 bln vs. $12.73 bln Capital IQ Consensus Estimate.
• EPS guidance revision due to ~$0.04/share of greater than expected negative changes in foreign currency during the third quarter.

DineEquity (DIN) raises quarterly dividend 5% to $0.92

DineEquity raises quarterly dividend 5%, boosts common share repurchase authorization to $150 mln

Div/yield 0.92/4.06

Co announced approval by its Board of Directors of a 5% increase in the Co's quarterly cash dividend to $0.92 per share of common stock

The Board of Directors also approved an increase in the share repurchase authorization for the Co's common stock, effective immediately, to $150 million from the remaining previous authorization of ~$63 million.

The Co anticipates using the majority of its remaining free cash flow after dividend payments for share repurchases.

** update 7 weeks later : $DIN dropped almost another $10

Lockheed Martin Corporation (LMT) announced a regular quarterly cash dividend of $1.65 per share

On 9/24/15, LMT announced a regular quarterly cash dividend of $1.65 per share, payable on 12/24/15 to shareholders, with an ex-dividend date of 11/27/15.

SPDR S&P 500 ETF (NYSEARCA:SPY) announces quarterly distribution of $1.0334

SPDR S&P 500 ETF (NYSEARCA:SPY) announces quarterly distribution of $1.0334.

• 30-Day Sec yield of 2.03% (as of 9/16/2015).
• Payable Oct. 30; for shareholders of record Sept. 22; 
• ex-div Sept. 18.
• Div/yield 1.03/2.06

AbbVie (NYSE:ABBV) announced a regular quarterly cash dividend of $0.51 per share

ABBV: On 9/11/15, ABBV announced a regular quarterly cash dividend of $0.51 per share, payable on 11/16/15 to shareholders, with an ex-dividend date of 10/13/15.

• Div/yield 0.51/ 3.34

 

Transocean (RIG) seeks to cancel two dividend payments

• Transocean to propose cancellation of third and fourth installments of dividend; Co was previously paying a $0.15/quarter dividend 
• Div/yield 0.15/4.91

Transocean Ltd. is seeking to cancel the third and fourth installments of its dollar-denominated dividend this year, which the company had already approved in May.

Shares dropped 12% to $10.75 in after-hours trading. Through Tuesday's close, they had fallen 67% in the past 12 months.

The offshore driller said in February that it planned four installments of 15 cents each, which represented an 80% reduction from the previous payout rate, citing its "cyclical and capital-intensive industry."

Transocean said Tuesday that it will seek shareholder approval of the cancellation at an Oct. 29 meeting.

Goldman Sachs MLP and Energy Renaissance Fund (NYSE:GER)

• dividend yield of 11.94%

Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) announced a quarterly dividend on Tuesday, August 4th, Marketbeat.com reports. Investors of record on Tuesday, August 18th will be paid a dividend of 0.335 per share by the investment management company on Tuesday, August 25th. This represents a $1.34 annualized dividend and a dividend yield of 11.94%. The ex-dividend date of this dividend is Friday, August 14th.

5 weeks later