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Stock Market News and Dividend Report for Wednesday April 6, 2011 -

|Includes: FRD, FRS, Hingham Institution for Savings (HIFS), ISCA, MAS, MON, T
Hingham Institution for Savings (Nasdaq: HIFS) Board of Directors declared a regular quarterly cash dividend of $0.24 per share. The dividend will be paid on April 20, 2011 to stockholders of record as of April 8, 2011.
This is the 69th consecutive quarterly dividend. The company have increased cash dividends to shareholders in each of the past 16 years.
In addition to regular quarterly cash dividends, Hingham Institution for Savings has declared special cash dividends in each of the last sixteen years. 
Hingham Institution for Savings provides various financial products and services to individuals and small businesses in Boston and southeastern Massachusetts. 
The Board of Directors of Friedman Industries, Incorporated (NYSE-Amex: FRD) declared on March 18, 2011, a quarterly cash dividend of $0.11 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 13, 2011, to shareholders of record at the close of business on April 15, 2011.
Friedman Industries, Incorporated, together with its subsidiaries, engages in steel processing, pipe manufacturing and processing, and steel and pipe distribution activities in the United States.
Frisch's Restaurants, Inc. (NYSE Amex: FRS) reported higher sales and lower earnings for its 12-week fiscal third quarter ended March 8, 2011.   Sales increased 4.0% to $67,490,452 from $64,872,608 in last year's third quarter.   Net earnings for the quarter decreased 8.3% to $1,855,319 compared to $2,023,710 last year.  Diluted earnings per share declined to $.37 per share, from $.39 per share last year.
For the first three quarters of fiscal 2011, sales were $231,067,733 rising 4.2% from $221,753,296 for the first three quarters of last year.  Earnings decreased to $7,081,475 from $7,380,592.  Diluted earnings per share fell to $1.39 from $1.42 last year.  
Frisch's Restaurants, Inc. is a regional company that operates full service family-style restaurants 
The board of directors of AT&T Inc. (NYSE:T) declared a quarterly dividend of $0.43 a share on the company’s common shares. The dividend is payable on May 2, 2011, to stockholders of record at the close of business on April 8, 2011.
AT&T Inc. (NYSE:T) is a premier communications holding company. 
International Speedway Corporation (NASDAQ Global Select Market: ISCA; OTC Bulletin Board: ISCB)  reported financial results for its fiscal first quarter ended February 28, 2011.
Total revenues for the first quarter were approximately $148.7 million, compared to revenues of approximately $152.0 million in the prior-year period.  Operating income was approximately $39.4 million during the period compared to approximately $39.8 million in the first quarter of fiscal 2010.
Net income for the first quarter was approximately $21.4 million, or $0.45 per diluted share, compared to net income of approximately $25.4 million, or $0.53 per diluted share, in the prior year.  
ISC reiterates its 2011 total revenue guidance range of $635.0 million to $650.0 million.  In addition, the Company is maintaining its fiscal 2011 full year non-GAAP earnings range of $1.60 to $1.80 per diluted share after-tax. 
International Speedway Corporation is a leading promoter of motorsports activities,
Masco Corporation (NYSE: MAS) Board of Directors declared a quarterly dividend of $.075 per common share, payable on May 9, 2011, to shareholders of record on April 8, 2011.
Masco Corporation manufactures, distributes, and installs home improvement and building products in North America and Europe.
Monsanto Company (NYSE: MON) reported Net sales increased $239 million, or 6 percent, in the three-month comparison driven by volume in both the seeds and genomics and agricultural productivity segments.  Net income in the second quarter was $1 billion.
Gross profit rose 10 percent in the quarter to $2.3 billion, with margins higher due to cost improvements.  For the first six months, gross profit is up 10 percent or $288 million.
Earnings per share (NYSEARCA:EPS) for the second quarter was $1.88 on an as-reported basis, and $1.87 on an ongoing basis. EPS for the first six months of fiscal year 2011 was $1.88 on an as-reported basis, and $1.89 on an ongoing basis. 
The company affirmed its previously announced ongoing EPS guidance and raised its full-year free cash flow guidance for fiscal year 2011 to the range of $900 million to $1.1 billion.  The company expects net cash provided by operating activities to be $1.8 billion to $2.1 billion, and net cash required by investing activities to be approximately $900 million to $1 billion for fiscal year 2011. 
The company confirmed full-year 2011 ongoing EPS guidance is in the range of $2.72 to $2.82.  Full-year 2011 EPS guidance on an as-reported basis is in the range of $2.66 to $2.79. 
Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.
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