Seeking Alpha

John Hanna's  Instablog

John Hanna
Send Message
Covers dividend stocks for CDTV.net
My company:
CDTV.net
My blog:
CDTV.net
  • Stock Market News and Dividend Report for Thursday March 31, 2011 - CDTV.net  0 comments
    Mar 31, 2011 12:17 PM | about stocks: BONT, LNN, KWR, WSM, FDO, GIS, MOS
    The Bon-Ton Stores, Inc. (Nasdaq: BONT) Board of Directors declared a cash dividend of five cents per share on the Class A Common Stock and Common Stock of the Company payable May 2, 2011 to shareholders of record as of April 15, 2011.
     
    The Bon-Ton Stores, Inc., through its subsidiaries, operates department stores in the mid-size and metropolitan markets of the United States.
    ***
    Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, announced results for its fiscal second quarter ended February 28, 2011.
     
    Second quarter fiscal 2011 revenues of $120.2 million increased 41 percent from $85.2 million in the same prior year period. Net earnings were $11.3 million or $0.89 per diluted share compared with $6.0 million or $0.48 per diluted share, in the prior fiscal year’s second quarter.
     
    Conditions in the global agriculture markets point to continued strong demand for irrigation equipment. Commodity prices have improved significantly from the previous year and the USDA projects 2011 net farm income for the U.S. to be the highest on record and 20% higher than 2010. Order flow continues to be strong during the primary irrigation selling season.
     
    Lindsay manufactures and markets irrigation equipment primarily used in agricultural markets which increase or stabilize crop production while conserving water, energy, and labor. 
    ***
    The Board of Directors of Quaker Chemical Corporation (NYSE: KWR) declared a quarterly dividend of $0.235 per share, payable on April 29, 2011, to shareholders of record at the close of business on April 15, 2011.
     
    Quaker Chemical Corporation develops, produces, and markets formulated chemical specialty products for various heavy industrial and manufacturing applications.
    ***
    Williams-Sonoma, Inc. (NYSE: WSM) Board of Directors has authorized a 13% increase in the company’s quarterly cash dividend.
     
    The quarterly cash dividend will be increased from $0.15 to $0.17 per common share and is payable on May 24, 2011 to shareholders of record as of the close of business on April 27, 2011. 
     
    Williams-Sonoma, Inc. is a nationwide specialty retailer of high quality products for the home. 
    *** 
    Family Dollar Stores, Inc. (NYSE: FDO) reported that net income for the second quarter of fiscal 2011 ended February 26, 2011, increased 9.8% to $123.2 million compared with net income of $112.2 million for the second quarter of fiscal 2010. Net income per diluted share for the quarter increased 21.0% to $0.98 compared with $0.81 for the second quarter of fiscal 2010 ended February 27, 2010.
     
    For the third quarter, the Company expects that comparable sales for the quarter will increase between 5% and 7% and that earnings per share will be between $0.92 and $0.97 compared with $0.77 in the third quarter of fiscal 2010.
     
    For the full year, the Company expects that earnings per share will be between $3.13 and $3.23 compared with $2.62 in fiscal 2010. 
     
    Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States. 
    *** 
    The General Mills (NYSE:GIS) Board of Directors declared a quarterly dividend at the prevailing rate of $.28 per share, payable May 2, 2011, to shareholders of record April 11, 2011. General Mills (NYSE:GIS) and its predecessor firm have now paid dividends without reduction or interruption for 112 years.
     
    General Mills, Inc. engages in the manufacture and marketing of branded consumer foods worldwide.
    ***
    The Mosaic Company (NYSE: MOS) announced record third quarter net earnings of $542.1 million, or $1.21 per diluted share, for the quarter ended February 28, 2011.  These results compare with net earnings of $222.6 million, or $0.50 per diluted share, for the third quarter ended February 28, 2010.
     
    Outlook 
    Agricultural commodity and crop nutrient fundamentals remain intact despite recent political unrest in North Africa and the Middle East and the devastating earthquake and tsunami in Japan which have roiled commodity markets.  
     
    The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients.
    ***
    **********
    For more information, visit cdtv.net
    Disclosure: No positions
    *** 
    Join Our Brodacst Membership - Live Broadcast Stock Market Show - Members gain access to extended and exclusive insights from top Wall Street power players, movers and shakers plus stocks to watch, news and dividend reports. 2 Week Free Trial* ($30 per month). That is about $1 per day. Cancel at any time. For more information, visit www.cdtv.net/users/content/tip-jar
     
Back To John Hanna's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.