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John Hanna
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Covers dividend stocks for CDTV.net
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  • CDTV.net Stock Market News and Dividend Report for Fri Jun 4, 2010 0 comments
    Jun 4, 2010 6:16 PM | about stocks: WMT, DHR, NI, LII
     Wal-Mart Stores, Inc. (NYSE: WMT), President and CEO Mike Duke laid out four strategies for building the Next Generation Walmart at the company's annual shareholders meeting today. Over the next five years, Wal-Mart will create 500,000 jobs around the world. Deliver "Every Day Low Price" business model everywhere. Continued leadership on social issues. Keep the culture strong everywhere.
     
    Earlier today, the company announced that its Board of Directors approved a new repurchase program that authorizes the company to repurchase $15 billion of its shares.  This program replaces the previous $15 billion program, which was announced June 5, 2009, and had approximately $4.7 billion of remaining authorization. Under the program, repurchased shares are constructively retired and returned to unissued status.
     
    Wal-Mart Stores, Inc. operates retail stores in various formats worldwide.
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    Danaher Corporation (NYSE: DHR) Board of Directors declared a cash dividend of $.02 per share payable on July 30, 2010 to shareholders of record as of June 25, 2010, following the consummation of the stock split (the equivalent of $.04 per share on a pre-split basis).  
     
    Danaher (NYSE: DHR), is a diversified technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers. 
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    The Board of Directors of NiSource Inc. (NYSE: NI) approved a quarterly common dividend payment of 23 cents per share, payable Aug. 20, 2010, to stockholders of record at the close of business July 30, 2010.
     
    NiSource Inc. (NYSE: NI), a Fortune 500 company, is engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. 
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    The board of directors of Lennox International Inc. (NYSE: LII) declared a quarterly cash dividend of $0.15 per share of common stock, payable on July 15, 2010 to stockholders of record as of June 28, 2010.
     
    Through its subsidiaries, Lennox International Inc. is a global leader in the heating, ventilation, air conditioning, and refrigeration markets.
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    For more information, visit cdtv.net
    Disclosure: No positions
     
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