Ashford Hospitality Trust, Inc. (NYSE: AHT) Board of Directors has declared a dividend on the Company’s common stock for the first quarter of 2011 of $0.10 per share. The dividend is payable on April 15, 2011, to shareholders of record as of March 31, 2011.
Ashford Hospitality Trust, Inc. is a publicly owned real estate investment trust.
CEC Entertainment, Inc. (NYSE: CEC) Board of Directors approved the initiation of a quarterly cash dividend of $0.20 per share. The dividend announced represents an annual cash dividend rate of $0.80 per share. Due to the timing of the Board’s decision, dividends paid during the 2011 fiscal year are expected to be $0.60 per share. The Company’s first quarterly dividend of $0.20 per share will be paid on April 21, 2011 to shareholders of record on March 24, 2011
CEC Entertainment, Inc., together with its subsidiaries, develops, operates, and franchises family dining and entertainment centers under the name ?Chuck E. Cheese?s? in the United States and internationally.
Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced the Company's financial results for the fourth quarter and fiscal year ended January 31, 2011.
Net sales for the fourth quarter ended January 31, 2011 were up 20% to $23.8 million compared with $19.8 million for the fourth quarter last year. Net income totaled $1.8 million and diluted earnings per share were $0.12 for the fourth quarter, compared with net income of $1.3 million and diluted earnings per share of $0.09 for the same period last year, increases of 37% and 33%, respectively.
New order bookings for the fourth quarter were up 15% to $20.7 million compared with $18.0 million for the fourth quarter last year.
The Board of Directors increased the quarterly dividend by 10% from $0.06 to $0.066 per share in the third quarter.
Met-Pro Corporation manufactures and sells product recovery and pollution control equipment for purification of air and liquids, fluid handling equipment for corrosive, abrasive and high temperature liquids, and filtration and purification products in the United States and internationally.
The Board of Directors of Xcel Energy (NYSE:XEL) declared a quarterly dividend on its common stock of 25.25 cents per share. The dividends are payable April 20, 2011, to shareholders of record on March 24, 2011.*
Xcel Energy Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electricity to residential, commercial, industrial, and public authorities in the United States.
Ross Stores, Inc. (Nasdaq: ROST) reported earnings per share for the 13 weeks ended January 29, 2011 of $1.37, up from $1.16 for the 13 weeks ended January 30, 2010. These results represent a strong 18% increase on top of an outstanding 53% gain for the same period last year. Net earnings for the 2010 fourth quarter grew to a record $161.8 million, up 13% from $142.9 million in the prior year. Sales for the fourth quarter ended January 29, 2011 grew 8% to $2.145 billion, with comparable store sales up 4% on top of a 10% gain in 2009.
Ross Stores offer customers desirable name-brand bargains while running the business with much lower inventory levels.
Ross Stores, Inc., an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company headquartered in Pleasanton, California, is the nation's second largest off-price retailer with fiscal 2010 revenues of $7.9 billion.
The Deere & Company (NYSE: DE) Board of Directors declared a regular quarterly dividend of $.35 a share on common stock, payable May 2, 2011, to stockholders of record on March 31, 2011.
Deere & Company provides products and services primarily for agriculture and forestry worldwide.
FedEx Corp. (NYSE: FDX) reported earnings of $0.73 per diluted share for the third quarter ended February 28. Excluding costs related to the previously announced combination of the company’s FedEx Freight and FedEx National LTL operations, third quarter earnings were $0.81 per diluted share, compared to $0.76 per diluted share a year ago.
FedEx projects earnings to be $1.66 to $1.83 per diluted share in the fourth quarter and an adjusted $4.83 to $5.00 per diluted share for fiscal 2011. The company’s forecast assumes the current market outlook for fuel prices and continued moderate growth in the global economy. Earnings could be affected by the impact of the ongoing political turmoil in the Middle East and North Africa on fuel prices and the economy. Also, the near-term impact of the earthquake and tsunami in Japan on operational costs, shipping patterns and the global economy is currently uncertain. The annual guidance excludes FedEx Freight combination costs and a second quarter legal reserve. Including costs from the FedEx Freight combination and the legal reserve, earnings are expected to be $4.49 to $4.66 per diluted share for fiscal 2011. The company reported earnings of $1.33 per diluted share in last year’s fourth quarter. The capital spending forecast for fiscal 2011 remains $3.5 billion.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.
Cisco (NASDAQ: CSCO) today announced that its Board of Directors approved the initiation of quarterly cash dividends to its shareholders. This is the first cash dividend paid to shareholders in the company's history.
A quarterly dividend of $0.06 per common share will be paid on April 20, 2011, to all shareholders of record as of the close of business on March 31, 2011.
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at www.cisco.com.
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