Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

CDTV.net Stock Market News and Dividend Report for Thursday Jan 28, 2010

|Includes: CNP, ConocoPhillips (COP), FDO, KBH, QCOM, SMG, WSC-OLD

 ConocoPhillips (NYSE: COP) reported $1.16 per share, compared with $1.28 per share for the same period in 2008. analysts average $1.12. COP beats by $0.04.

 
Fourth-quarter 2009 adjusted earnings were $1.7 billion compared with adjusted earnings of $1.9 billion last year. The decreased was primarily due to lower refining and marketing margins, volumes, and natural gas prices. 
 
ConocoPhillips operates as an integrated energy company worldwide.
**********
Qualcomm Incorporated (Nasdaq: QCOM) announced diluted earnings per share of $0.62, up 100 percent year-over-year. analysts average $0.56. QCOM beats by $0.06.
 
Revenues of $2.67 billion were up 6 percent year-over-year. The large increase in net income year-over-year was primarily due to a significant improvement in net investment income.
 
QUALCOMM Incorporated engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services.
**********
The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.0625 per share on the Company's common stock, payable on February 18, 2010 to stockholders of record on February 4, 2010.
 
KB Home constructs and sells homes in the United States. 
***
Wesco Financial Corporation’s (AMEX:WSC) Board of Directors declared a regular quarterly cash dividend of $0.41 per share payable March 4, 2010 to shareholders of record at the close of business on February 4, 2010.
 
Wesco Financial Corporation, together with its subsidiaries, engages in insurance, furniture rental, and steel service center businesses in the United States.
***
Family Dollar Stores, Inc. (NYSE: FDO) announced that the Company’s Board of Directors declared a regular quarterly cash dividend on the Company's common stock of $0.155 per share, payable April 15, 2010, to shareholders of record at the close of business on March 15, 2010. The quarterly cash dividend of $0.155 per share is an increase of 14.8% from the preceding quarterly cash dividend of $0.135 per share.
 
Family Dollar Stores, Inc. operates a chain of self-service retail discount stores for low to lower-middle income consumers in the United States. 
***
The Scotts Miracle-Gro Company (NYSE: SMG) announced that its Board of Directors approved the payment of a cash dividend of $0.125 per share. The dividend is payable February 18, 2010 to shareholders of record on February 4, 2010.
 
The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells lawn and garden care products primarily in North America and the European Union.
***
CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors declared a regular quarterly cash dividend of $0.195 per share of common stock payable on March 10, 2010, to shareholders of record as of the close of business on February 16, 2010.  This represents more than a 2.6 percent increase over the $0.190 per common share quarterly dividends paid by the company in 2009.
 
CenterPoint Energy, Inc., through its subsidiaries, operates as a public utility company in the United States. 
***
For more information, visit cdtv.net
Disclosure: No positions