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Jim Trippon
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Jim Trippon is an Amazon.com bestselling business and finance author, a practicing CPA, and a fee based investment advisor. His portfolio of companies includes J.M. Trippon & Company CPA, Trippon Wealth Management & Trippon Financial Publishing. Jim has dedicated his business career to... More
My company:
Trippon Financial Research, Inc.
My blog:
Global Profit$ Alert
My book:
Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You!
  • Gardner Denver Announces Quarterly Dividend To Be Paid 0 comments
    Nov 18, 2009 9:25 AM | about stocks: GDI

    Gardner Denver Initiates Dividend Policy

    National Oilwell Varco Delivers Good News For Dividend Seekers

    About: (Gardner Denver, GDI) Bookmark and Share

     
                Gardner Denver (NYSE: GDI), the maker of screw, vane and reciprocating compressors for the food, energy and chemical industries, announced it will start paying a quarterly dividend. The company will pay 5 cents a share beginning in the current quarter. The new dividend is payable on December 10 to shareholders of record on November 23.

                While an annual dividend of 20 cents isn't going to get you into a Ferrari, it is usually a good sign to see a company that hasn't previously paid a regular dividend start doing so. Hopefully, this is a start of trend. Gardner Denver shares are up nearly 87% year-to-date and the company had more than $71 million in free cash at the end of 2008.

     
    Gardner Denver announced it will start paying a quarterly dividend. The company will pay 5 cents a share beginning in the current quarter.

    For more information about Dividend Genius, visist http://www.dividendgenius.com. To see the latest special offer from Dividend Genius, visit: http://www.dividendstockblog.com/dividend-genius-video.html
     

    Themes: energy, chemicals, food services Stocks: GDI
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