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  • Stock Market News and Dividend Report for Thursday Oct 22, 2009 0 comments
    Oct 22, 2009 4:28 PM | about stocks: WFC, MO, CUZ, VLO, CRS, SUN, OKE
     Wells Fargo & Company (NYSE: WFC) reported diluted earnings per common share of $0.56, up 14 percent from $0.49 last year. Analysts average $0.37. WFC beats by $0.19.
    Record net income of $3.2 billion, up 98 percent from last year.
    Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services principally in the United States.
    Altria Group, Inc. (NYSE: MO) announced adjusted 2009 third-quarter diluted EPS increased 4.3% to $0.48 versus $0.46 in the third quarter of 2008. Analysts average 0.47. MO beats by $0.01.
    Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in the United States and internationally.
    Cousins Properties Incorporated (NYSE: CUZ) announced that its Board of Directors has declared a quarterly dividend of $0.09 per share, payable December 11, 2009, to common stockholders of record as of October 26, 2009. The dividend will be payable in a combination of cash and shares of the Company’s common stock with the cash component of the dividend not to exceed 33.34% of the aggregate dividend amount.
    Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, as well as performs certain real estate-related services in the United States.
    The Board of Directors of Valero Energy Corporation (NYSE: VLO) declared a regular quarterly cash dividend on the company’s common stock of $0.15 per share. The dividend is payable December 9, 2009 to holders of record at the close of business on November 11, 2009. 
    Valero Energy Corporation operates as a crude oil refining and marketing company. 
    The Board of Directors of Carpenter Technology Corporation (NYSE: CRS), declared a quarterly cash dividend of $.18 per share of common stock, payable December 3, 2009, to shareholders of record on October 27, 2009. 
    Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals primarily in the United States, Europe, the Asia Pacific, Mexico, and Canada.
    Sunoco, Inc. (NYSE: SUN) declared a cash dividend for the fourth quarter of 2009 of 30.0 cents per share on all full shares of common stock outstanding, payable December 10, 2009 to shareholders of record at the close of business on November 10, 2009. 
    Sunoco, Inc., through its subsidiaries, manufactures and markets various petroleum products, including fuels, lubricants, and petrochemicals in the United States.
    The board of directors of ONEOK, Inc. (NYSE: OKE) has declared a quarterly dividend of 42 cents per share of common stock, payable Nov. 13, 2009, to shareholders of record at the close of business Oct. 30, 2009.
    Since January 2006, the company has increased the dividend seven times, representing a 50 percent increase during that period.
    ONEOK, Inc. (NYSE: OKE) is a diversified energy company. 
    For more information, visit
    Disclosure: No positions
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