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  • CDTV.net Stock Market News and Dividend Report for Monday Oct 5, 2009 0 comments
    Oct 5, 2009 7:40 PM | about stocks: IBM, RPM, UDR, MGRC, KWR, YUM, FARM

     IBM (NYSE: IBM) today announced that its mortgage servicing subsidiary has signed an agreement with Bank of America Corporation (NYSE: BAC) to acquire the core operating assets of Wilshire Credit Corporation, including the Wilshire mortgage servicing platform, and hire Wilshire's approximately 900 employees. Terms of the transaction were not disclosed.

     
    International Business Machines Corporation (IBM) develops and manufactures information technology products and services worldwide. 
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    RPM International Inc. (NYSE: RPM) reported record first-quarter diluted earnings per share were $0.57, a 7.5% increase over the $0.53 reported a year ago. analysts average 0.44. RPM beats by $0.13
     
    Consolidated EBIT was a record $120.6 million, an 8.8% improvement over the record EBIT of $110.9 million in the first quarter of fiscal 2009.
     
    RPM International Inc. engages in the manufacture, marketing, and sale of various specialty chemical products to industrial and consumer markets worldwide. 
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    UDR, Inc. (NYSE: UDR), declared a regular quarterly dividend on its common stock in the amount of $0.18, payable in cash, on November 2, 2009 to UDR common stock shareholders of record as of October 16, 2009. The November 2nd dividend will be the 147th consecutive quarterly dividend paid by the Company on its common stock.
     
    UDR, Inc. formerly United Dominion Realty Trust, Inc., operates as a self-administered equity real estate investment trust (REIT).
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    The Board of Directors of McGrath RentCorp (NASDAQ: MGRC), declared a quarterly cash dividend of $0.22 per common share. The dividend will be payable on October 30, 2009 to all shareholders of record on October 16, 2009.
     
    McGrath RentCorp operates as a business-to-business rental company in the United States. 
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    The Board of Directors of Quaker Chemical Corporation (NYSE: KWR) declared a quarterly dividend of $0.23 per share, payable on October 30, 2009, to shareholders of record at the close of business on October 16, 2009.
     
    Quaker Chemical Corporation develops, produces, and markets formulated chemical specialty products for various heavy industrial and manufacturing applications, as well as offers chemical management services (NYSE:CMS).
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    Yum! Brands Inc. (NYSE: YUM) announced that its Board of Directors approved an 11% increase in the Company’s quarterly dividend. The quarterly cash dividend will increase from $0.19 to $0.21 per share and will be effective with the dividend payment to be distributed on November 6, 2009 to shareholders of record at the close of business on October 16, 2009.
     
    Yum! Brands, Inc. operates as a quick service restaurant company. 
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    Farmer Bros. Co. (Nasdaq: FARM) announced that on August 26, 2009 its Board of Directors declared a regular dividend of $0.115 per share, payable on November 9, 2009 to shareholders of record on October 23, 2009. 
     
    Farmer Bros. Co., together with its subsidiaries, engages in the manufacture, wholesale, and distribution of coffee and non-coffee products in the United States. 
    ***
    For more information, visit cdtv.net
    Disclosure: No positions
     
    Stocks: IBM, RPM, UDR, MGRC, KWR, YUM, FARM
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