Content about Dividend

June 13, 2013
Target holds annual shareholder meeting, increases dividend

Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

MINNEAPOLIS — Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

The Minneapolis-based chain said the quarterly dividend represented a 19.4% increase over its previous dividend of 36 cents per share. The dividend will be payable Sept. 10.

May 21, 2013
Fred's declares quarterly cash dividend

Fred's announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

MEMPHIS, Tenn. — Fred's Inc. today announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

The dividend is payable on June 17, 2013, to shareholders of record as of June 3, 2013.

Fred's Inc. operates 715 discount general merchandise stores, including 21 franchised Fred's stores, in the southeastern United States. For more information about the company, visit Fred's website at www.fredsinc.com.

May 14, 2013
Safeway increases quarterly dividend by 14%

Safeway announced that its board of directors approved an increase to its regular quarterly cash dividend from $0.175 per share to $0.20 per share, reflecting a 14% increase.

PLEASANTON, Calif. — Safeway on Tuesday announced that its board of directors approved an increase to its regular quarterly cash dividend from $0.175 per share to $0.20 per share, reflecting a 14% increase. 

The board also declared a cash dividend of $0.20 per share payable on July 11, 2013 to stockholders of record at the close of business on June 20, 2013.

May 8, 2013
McKesson posts annual revenues of $122.5 billion, reports strong cash flow for new fiscal year

McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year.

SAN FRANCISCO — McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year. Full-year adjusted earnings per diluted share was $6.33, compared to $6.38 in the prior year.

May 2, 2013
Cardinal Health posts fewer sales but greater profits vs. Wall Street expectations

Cardinal Health reported fiscal year 2013 third-quarter revenue of $24.6 billion, a 8.9% decline as compared to the quarter a year ago.

DUBLIN, Ohio — Cardinal Health on Thursday reported fiscal year 2013 third-quarter revenue of $24.6 billion, a 8.9% decline as compared with the quarter a year ago. 

However, Cardinal Health reported net earnings per share of $1.01, up 5.2%. According to published reports, Wall Street had been expecting greater revenue of $24.7 billion but at a lesser gain with earnings expectations estimated around 96 cents per share. 

April 24, 2013
P&G posts Q3 results up 2%

Procter & Gamble has announced that third-quarter sales rose 2% as net earnings per share rose 7%.

CINCINNATI — Procter & Gamble has announced that third-quarter sales rose 2% as net earnings per share rose 7%.

April 10, 2013
Walgreens pays dividend for 322nd straight quarter

The board of directors at Walgreens declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable June 12, 2013, to shareholders of record May 21, 2013.

DEERFIELD, Ill. — The board of directors at Walgreens on Wednesday declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable June 12, 2013, to shareholders of record May 21, 2013.

Walgreens has paid a dividend in 322 straight quarters (more than 80 years) and has raised its dividend for 37 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 38 cents per share to $1.10 per share, resulting in a compound annual growth rate of nearly 24%.

 

April 2, 2013
The Street: Jim Cramer picks Safeway over Whole Foods

Mad Money's Jim Cramer tabbed Safeway over Whole Foods in an interview published in The Street.

NEW YORK — Mad Money's Jim Cramer tabbed Safeway over Whole Foods in an interview with The Street published Tuesday.

March 15, 2013
Kroger declares quarterly dividend of 15 cents per share

Kroger's board of directors declared a quarterly dividend of 15¢ per share to be paid on June 1 to shareholders of record as of the close of business on May 15.

CINCINNATI — Kroger's board of directors on Thursday declared a quarterly dividend of 15¢ per share to be paid on June 1 to shareholders of record as of the close of business on May 15.

In 2012, the company's board of directors raised the quarterly dividend by approximately 30%, to 15¢ per share. Since reinstating dividends in 2006, Kroger has increased the dividend each year and expects to continue to do so, the company noted.

March 15, 2013
Safeway declares quarterly dividend

Safeway announced that its board of directors met declared a regular quarterly cash dividend of $0.175 per share.

PLEASANTON, Calif. — Safeway on Friday announced that its board of directors met Thursday and declared a regular quarterly cash dividend of $0.175 per share. 

The cash dividend will be payable on April 11 to stockholders of record at the close of business on March 25.

Safeway shares were down 7 cents to $24.31 in early-morning trading Friday.

February 25, 2013
Generic tsunami eases, but leaves transformed Rx landscape in its wake

The generic drug tidal wave became a tsunami in 2012, with some of the world's top-selling pharmaceuticals swamped by generic competition, and health plan payers scrambling to reap billions of dollars in financial savings.

The generic drug tidal wave became a tsunami in 2012, with some of the world's top-selling pharmaceuticals swamped by generic competition, and health plan payers scrambling to reap billions of dollars in financial savings.

February 22, 2013
Harris Teeter elects Sunrise Senior Living CEO to board

Harris Teeter Supermarkets elected Mark Ordan to its board at its annual shareholders meeting.

CHARLOTTE, N.C. — Harris Teeter Supermarkets on Thursday elected Mark Ordan to its board at its annual shareholders meeting.

Ordan is CEO of Sunrise Senior Living, a provider of senior living services in the United States, Canada and the United Kingdom. Ordan has also held senior executive positions at a number of companies in the real estate, food service and supermarket industries.

The company also announced that its board declared a quarterly dividend in the amount of $0.15 per share, to be paid on April 1, 2013 to shareholders of record on March 8, 2013.

February 7, 2013
Kerr Drug expands central fill model

Kerr Drug will use its partnership with PDX and ScriptPro to increase pharmacy productivity by expanding its central fill model, the regional pharmacy chain said.

RALEIGH, N.C. — Kerr Drug will use its partnership with PDX and ScriptPro to increase pharmacy productivity by expanding its central fill model, the regional pharmacy chain said Thursday.

Kerr announced the opening of its central fill operation in Raleigh, N.C.

"It's not just about labor savings, inventory reductions and other efficiencies," Kerr CEO Tony Civello said. "These kinds of innovations and use of technologies are critical to remaining a player in the emerging healthcare ecosystem."

February 7, 2013
Shoppers Drug Mart pursuing acquisition opportunities, gearing up for rise in rivals

Despite continuing to face regulatory headwinds in the Canadian market, executives at Canadian pharmacy retailer Shoppers Drug Mart were “pleased” with fourth-quarter results and indicated that the company will continue to pursue acquisition opportunities.

TORONTO — Despite continuing to face regulatory headwinds in the Canadian market, executives at Canadian pharmacy retailer Shoppers Drug Mart were “pleased” with fourth-quarter results and indicated that the company will continue to pursue acquisition opportunities.

January 21, 2013
Kroger declares quarterly dividend

Kroger on Friday declared a quarterly dividend of 15¢ per share to be paid on March 1, 2013, to shareholders of record as of the close of business on Feb. 15, 2013.

CINCINNATI — Kroger on Friday declared a quarterly dividend of 15¢ per share to be paid on March 1, 2013, to shareholders of record as of the close of business on Feb. 15, 2013.

In September, the company's board of directors raised the quarterly dividend by approximately 30%, to 15¢ per share. Since re-instating dividends in 2006, Kroger has increased the dividend each year and expects to continue to do so, the company stated.

Shares of Kroger were up slightly by 39 cents to $27.08 in early afternoon trading, Monday.

January 11, 2013
Walgreens raises quarterly dividend, names new controller

The board of directors of Walgreens declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend.

DEERFIELD, Ill. — The board of directors of Walgreens on Thursday declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable March 12, 2013, to shareholders of record Feb. 15, 2013.

Walgreens has paid a dividend in 321 straight quarters (more than 80 years) and has raised its dividend for 37 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 38 cents per share to $1.10 per share, resulting in a compound annual growth rate of nearly 24%.

December 17, 2012
Costco sales increase 10% in Q1

Growth in sales and membership income at Costco helped the company produce earnings per share of 95 cents and beat analysts’ estimates by 2 cents.

ISSAQUAH, Wash. — Growth in sales and membership income at Costco helped the company produce earnings per share of 95 cents and beat analysts’ estimates by 2 cents.

December 12, 2012
Markwins closes acquisition of Physicians Formula

Markwins announced on Wednesday that it has acquired all of the outstanding securities of Physicians Formula for $75 million or $4.90 per share in cash.

CITY OF INDUSTRY and AZUSA, Calif. — Markwins announced on Wednesday that it has acquired all of the outstanding securities of Physicians Formula for $75 million or $4.90 per share in cash.

November 16, 2012
Harris Teeter announces quarterly dividend and special dividend

Harris Teeter Supermarkets on Thursday declared a quarterly dividend in the amount of $0.15 per share to be paid on Jan. 1, to shareholders of record on Dec. 14.

MATTHEWS, N.C. — Harris Teeter Supermarkets on Thursday declared a quarterly dividend in the amount of $0.15 per share to be paid on Jan. 1, to shareholders of record on Dec. 14. This represents a $0.01 increase in the quarterly dividend amount, from the $0.14 per share that the company paid in previous quarters.

Harris Teeter also announced that its board declared a special dividend of $0.50 per share to be paid on Dec. 31 to shareholders of record on Dec. 14.

November 1, 2012
AmerisourceBergen reports $80 billion in fiscal 2012 revenue, looking to divest AndersonBrecon

AmerisourceBergen on Thursday reported revenue dropped 0.6% to $79.5 billion for its fiscal 2012 ended Sept. 30.

VALLEY FORGE, Pa. — AmerisourceBergen on Thursday reported revenue dropped 0.6% to $79.5 billion for its fiscal 2012 ended Sept. 30. Diluted earnings per share were a record $2.76, up 10% over the prior fiscal year diluted earnings per share from continuing operations. Gross profit was up 6.7% to $2.7 billion.

October 23, 2012
CCA Industries announces 4Q dividend

Health and beauty products manufacturer CCA Industries — whose brands include Plus+White toothpastes and teeth whiteners, Nutra Nail nail care treatments and Gel Perfect UV-free gel color — announced that its board has approved the company’s 34th consecutive dividend.

EAST RUTHERFORD, N.J. — Health and beauty products manufacturer CCA Industries — whose brands include Plus+White toothpastes and teeth whiteners, Nutra Nail nail care treatments and Gel Perfect UV-free gel color — announced that its board has approved the company’s 34th consecutive dividend.

The board approved a dividend of 7 cents per share for the fourth quarter of fiscal 2012, payable to all shareholders of record as of Nov. 6, 2012, and to be paid on Dec. 6, 2012.
 

October 10, 2012
Walgreens to pay out quarterly dividend of 27.5 cents per share

The board of directors of Walgreens on Wednesday declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year-ago dividend.

DEERFIELD, Ill. — The board of directors of Walgreens on Wednesday declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year-ago dividend. The dividend is payable Dec. 12 to shareholders of record Nov. 12.

Walgreens has paid a dividend in 320 straight quarters (80 years) and has raised its dividend for 37 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 38 cents per share to $1.10 per share, resulting in a compound annual growth rate of nearly 24%.

October 1, 2012
Ingles Markets declares quarterly cash dividend

Ingles Markets announced that its board of directors has declared a cash dividend of 16.5 cents per share on all its class A common stock and 15 cents per share on all its class B common stock.

ASHEVILLE, N.C. — Ingles Markets announced that its board of directors has declared a quarterly cash dividend of 16.5 cents per share on all its class A common stock and 15 cents per share on all its class B common stock. This is an annual rate of 66 cents and 60 cents, respectively.

Both dividends are payable Oct. 25 to shareholders of record on Oct. 11.

October 1, 2012
Publix declares common stock dividend to be awarded semi-annually

Publix on Monday announced its board of directors declared a semi-annual dividend on its common stock of 30 cents per share.

LAKELAND, Fla. — Publix on Monday announced its board of directors declared a semi-annual dividend on its common stock of 30 cents per share. The dividend will be payable and mailed Dec. 3, 2012, to stockholders of record as of the close of business Oct. 31, 2012.

September 19, 2012
CVS Caremark announces new share repurchase program, quarterly dividend

CVS Caremark announced that its board of directors has approved a new share repurchase program for up to $6 billion of the company's outstanding common stock.

WOONSOCKET, R.I. — CVS Caremark announced that its board of directors has approved a new share repurchase program for up to $6 billion of the company's outstanding common stock.
 
The share repurchase authorization, which is effective immediately, permits the company to effect the repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions.