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Jim Trippon
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Jim Trippon is a certified genius, a member of MENSA, and the epitome of the “Overachieving Entrepreneur.” He’s an internationally renowned and globally experienced investment expert, dedicated to finding undervalued, “under the radar” investments for his worldwide clients and subscribers. He... More
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Global Profit$ Alert
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Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You!
  • Latest in the World of Dividend Investing - May 20, 2010 0 comments
    May 20, 2010 4:19 PM | about stocks: SWY, ASH, ZNT, KHC, GG

    The Latest in the World of Dividend Investing

    Dividend Stock News For May 20, 2010

    About: Safeway (NYSE: SWY), Dominick's, Safeway, Vons, Ashland (NYSE: ASH), Ashland Chemical, Hercules Chemical, Dow Jones U.S. Select Dividend Index, Zenith National Insurance (NYSE: ZNT), H.J. Heinz (NYSE: HNZ), Fairfax Financial (NSYE: FFH), GoldCorp (NYSE: GG), GoldCorp
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    Dividend Stock News For May 20, 2010 Supermarket operator Safeway (NYSE: SWY) announced a payout increase dividend shoppers may want to take a look at. The California-based company said it will boost its quarterly dividend by 20% to 12 cents a share. Safeway operates stores under the Dominick's, Safeway and Vons names. The new dividend is payable on July 15th to shareholders of record on June 24th.

    Dividend Stock News For May 20, 2010 
    Specialty chemicals maker Ashland (NYSE: ASH) doubled its quarterly dividend to 15 cents a share from 7.5 cents. Ashland has been diligent about bolstering its balance sheet through asset sales following the company's acquisition of rival Hercules and the lower debt burden appears to be directly benefiting shareholders.

    Dividend Stock News For May 20, 2010 
    The Dow Jones U.S. Select Dividend Index will replace Zenith National Insurance (NYSE: ZNT) with H.J. Heinz (NYSE: HNZ) because Zenith is being acquired by Fairfax Financial (NSYE: FFH). The change will take place on May 21st. The index tracks the 100 highest dividend-paying companies in the U.S.

    Dividend Stock News For May 20, 2010 
    Canadian gold miner GoldCorp (NYSE: GG) said it will consider boosting its dividend in 2011 as production increases and rising gold prices are helping the company bolster its cash position. GoldCorp currently pays an annual dividend of 18 cents a share.

    Disclosure: no positions
    Stocks: SWY, ASH, ZNT, KHC, GG
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