Black Box Corporation (NASDAQ: BBOX) Board of Directors has declared a quarterly cash dividend of $0.06 per share of its Common Stock. The $0.06 per share dividend was declared on all outstanding shares of Black Box’s Common Stock and will be payable on April 13, 2011 to stockholders of record at the close of business on March 31, 2011.
Black Box is a leading technical services company dedicated to designing, building and maintaining today’s complicated data and voice infrastructure systems.
National Health Investors, Inc. (NYSE:NHI) announced that it will pay a first quarter dividend of $.615 per common share to shareholders of record on March 31, 2011 and payable on May 10, 2011. This represents an annualized dividend of $2.46 per share, an increase of 4.2% over the total dividends of $2.36 per share for 2010.
National Health Investors, Inc. is a healthcare real estate investment trust that specializes in the financing of healthcare real estate by purchase and leaseback transactions and by mortgage loans.
Artesian Resources Corporation (Nasdaq: ARTNA) announced that revenues for 2010 were $64.9 million, up 6.5% from $60.9 million in 2009. Net income was $7.6 million, compared to $7.3 million last year. Diluted net income per common share for 2010 rose 3.1% to $1.00 from $0.97 in 2009.
Artesian Resources Corporation operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater and engineering services on the Delmarva Peninsula.
The Board of Directors of Tiffany & Co. (NYSE: TIF) declared a regular quarterly dividend of $0.25 per share of Common Stock. This dividend will be paid on April 11, 2011 to stockholders of record on March 21, 2011.
Tiffany & Co. operates jewelry stores and manufactures products through its subsidiary corporations.
Jinpan International Ltd (Nasdaq: JST) announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2010.
Fourth Quarter 2010 Results
Net sales for the fourth quarter were $43.2 million, a 3.6% increase from $41.7 million in the same period last year. The increase in sales was the result of higher international sales and higher volume transformer sales in the Company\'s domestic business. In the fourth quarter, domestic sales accounted for $40.3 million, or 93.3% of net sales, compared to $39.7 million, or 95.2% of net sales in the same period last year. Net sales outside of China were $2.9 million, or 6.7% of net sales, compared to $2.0 million, or 4.8% of net sales in the same period last year.
Net income for the fourth quarter decreased 7% to $5.8 million, or $0.35 per diluted share, from $6.2 million, or $0.39 per diluted share, in the same period last year. Fourth quarter net income as a percentage of net sales was 13.4%.
For the first quarter of 2011, the Company currently anticipates net sales in the range of $25-$27 million, net income of approximately $1.5-$1.7 million and diluted EPS of approximately $0.10. For the full year 2011, the Company currently anticipates net sales growth of 20-25% to $173-$180 million, gross profit margin of 36%-38%, net income growth of approximately 43-50% to $19.0-$20.0 million.
Jinpan International Ltd (Nasdaq: JST), a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution equipment.
Pioneer Natural Resources Company (NYSE: PXD) board of directors declared a cash dividend of $0.04 per share on Pioneer’s outstanding common stock. The dividend is payable April 14, 2011 to stockholders of record at the close of business on March 31, 2011.
Pioneer is a large independent oil and gas exploration and production company.
Family Dollar Stores, Inc. (NYSE: FDO) reported that net sales for the second quarter ended February 26, 2011, increased 8.3% to $2.26 billion from $2.09 billion in the second quarter ended February 27, 2010.
Although January sales were negatively impacted by winter storms, February sales benefited from early spring-like weather.
The Company now expects that earnings per diluted share for the second quarter of fiscal 2011 will be in the range of $0.97 to $0.98 per diluted share, compared with $0.81 per diluted share for the second quarter of fiscal 2010. The Company expects to report second quarter financial results on March 30, 2011
Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States.
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