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  • Stock Market News and Dividend Report for Mon Jun 28, 2010. 0 comments
    Jun 28, 2010 5:46 PM | about stocks: KBH, DLM, GHC, ABT

     KB Home (NYSE: KBH) reported net loss of $.40 per diluted share compared to a net loss of $1.03 per diluted share, in the year-earlier quarter. analysts average -$0.30. KBH misses by $0.10

    The Company’s net loss narrowed 61% to $30.7 million in the second quarter of 2010, compared to a net loss of $78.4 million, in the year-earlier quarter.
    KB Home constructs and sells residential homes in the United States. 
    Del Monte Foods Company (NYSE: DLM) Board of Directors  approved an 80% increase in the quarterly dividend from $0.05 to $0.09 per common share. The dividend is payable on August 5, 2010 to stockholders of record as of the close of business on July 22, 2010. This increase in the dividend follows Del Monte’s 25% increase in the quarterly dividend announced in June 2009.
    Del Monte Foods Company engages in the production, distribution, and marketing of branded food and pet products for the retail market in the United States.
    The Washington Post Company (NYSE: WPO) declared a regular quarterly dividend of $2.25 per share, payable on August 6, 2010, to shareholders of record on July 26, 2010.
    The Washington Post Company, together with its subsidiaries, operates as a diversified education and media company in the United States and internationally. 
    The board of directors of Abbott (NYSE: ABT) declared a quarterly common dividend of 44 cents per share. This marks the 346th consecutive quarterly dividend to be paid by Abbott since 1924.  The cash dividend is payable Aug. 15, 2010, to shareholders of record at the close of business on July 15, 2010. Abbott has increased its dividend payout for 38 consecutive years.
    Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide. 
    For more information, visit
    Disclosure: No positions
    Stocks: KBH, DLM, GHC, ABT
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