Wells Fargo & Company (NYSE:WFC) reported diluted earnings per common share of $0.55 for second quarter 2010 compared with $0.57 for second quarter 2009. analysts average $0.48. WFC beats by $0.07
Net income was $3.06 billion for second quarter 2010 compared with $3.17 billion in second quarter 2009.
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company.
Cousins Properties Incorporated (NYSE: CUZ) Board of Directors has declared a quarterly dividend of $0.09 per share, payable September 17, 2010, to common stockholders of record as of August 2, 2010. The dividend will be payable in a combination of cash and shares of the Company’s common stock with the cash component of the dividend not to exceed 33.34% of the aggregate dividend amount.
Cousins Properties Incorporated is a leading diversified real estate company.
The board of directors of Walgreen Co. (NYSE: WAG)(NASDAQ: WAG) increased the quarterly dividend 27.3 percent to 17.5 cents per share from the previous rate of 13.75 cents per share. The dividend is payable Sept. 11, 2010, to shareholders of record Aug. 19, 2010. The dividend increase raises the annual rate from 55 cents per share to 70 cents per share.
Walgreens has paid a dividend in 311 straight quarters (more than 77 years) and has raised its dividend for 35 consecutive years. The company has increased its dividend by a compound annual growth rate of 24.3 percent over the last six years.
Walgreens (walgreens.com) is the nation's largest drugstore chain
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) declared a dividend of $0.10 per share. The boards approved a record date for the quarterly dividend of August 20, 2010, and a payment date of September 10, 2010.
Carnival Corporation & plc is the largest cruise vacation group in the world.
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Disclosure: No positions
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Institutional Investors Conference in New York, October 19, 2010