This is the group of companies who raised their dividend
during the week:
Stag Industrial (
STAG Industrial Inc. operates as a real estate company focused on
the acquisition, ownership and management of single-tenant
industrial properties throughout the U.S. Stag Industrial has a
market cap of $218.4 million; its shares were traded at around
$13.66 with a P/E ratio of 13.66 and P/S ratio of 4.11. On May
16, the company increased its quarterly dividend 3.8% to $0.27
per share. The dividend is payable July 13, 2012 to all common
stockholders of record on June 29, 2012. The yield based on the
new payout is 7.7%.
owns shares of STAG stock.
Chairman, CEO and President
Benjamin S. Butcher
, CFO, Executive Vice President and Treasurer
Gregory W. Sullivan
, and Director
Larry T. Guillemette
bought shares of STAG stock.
Pacific Continental (
Pacific Continental is a one-bank holding company. Their
principal business activities are conducted through their full-
service commercial bank subsidiary, Pacific Continental Bank.
Pacific Continental has a market cap of $167.88 million; its
shares were traded at around $9.11 with a P/E ratio of 25.31 and
P/S ratio of 2.56. On May 16th the company increased its
quarterly dividend 20% to $0.06 per share. The dividend is
payable June 15, 2012, to shareholders of record on June 4, 2012.
The yield based on the new payout is 2.7%.
Pacific Continental Corporation reported financial results for
the first quarter 2012. Net income for first quarter 2012 was
$2.7 million, up 87.4% over first quarter 2011.
CEO Hal Brown, CFO Michael Reynolds, Director Michael S. Holcomb
bought shares of PCBK stock.
Insperity Inc. (
Insperity Inc., formerly known as Administaff Inc. Insperity Inc.
has a market cap of $643.24 million; its shares were traded at
around $24.99 with a P/E ratio of 15.82 and P/S ratio of 0.33. On
May 16 the company increased its quarterly dividend 13% to $0.17
per share. The dividend is payable on June 22, 2012, to all
stockholders of record as of June 1, 2012. The yield based on the
new payout is 2.6%.
Insperity Inc. reported results for the fourth quarter and year
ended Dec. 31, 2011. For the fourth quarter, the company reported
net income of $10.8 million, a 39.2% increase over the $7.8
million earned in the 2010 period. Diluted earnings per share
increased 40.0% to $0.42 from $0.30 in the 2010 period. For the
year ended Dec. 31, 2011, the company reported net income of
$30.5 million, a 35.8% increase over the $22.4 million earned in
2010. Diluted earnings per share increased 34.9% to $1.16,
compared to $0.86 in 2010.
Joel Greenblatt and Arnold Schneider own shares of NSP stock.
Chairman of the Board and CEO Paul J. Sarvadi, Senior Vice
President Finance, CFO and Treasurer Douglas S. Sharp, and
Executive Vice President of Sales & Marketing Jay E. Mincks
sold shares of NSP stock.
Safeway Inc. (
Safeway Inc. is a food and drug retailer in North America.
Safeway Inc. has a market cap of $4.93 billion; its shares were
traded at around $18.39 with a P/E ratio of 10.45 and P/S ratio
of 0.11. On May 15 the company increased its quarterly dividend
21% to to $0.175 per share. The dividend is payable on July 12,
2012 to stockholders of record at the close of business on June
21, 2012. The yield based on the new payout is 3.7%.
Safeway Inc. reported income from continuing operations of $81.6
million ($0.30 per diluted share) for the first quarter of 2012
compared to $25.1 million ($0.07 per diluted share) in the first
quarter of 2011.
Ray Dalio, Mario Gabelli, and Hotchkis & Wiley own shares of
Senior Vice President Donald P. Wright sold shares of SWY stock.
Nisource Inc. (
NiSource Inc., formerly NIPSCO Industries Inc., is an energy and
utility-based holding company headquartered in Merrillville,
Ind., that provides natural gas, electricity and water to the
public for residential, commercial and industrial uses. Nisource
Inc. has a market cap of $6.89 billion; its shares were traded at
around $24.43 with a P/E ratio of 18.51 and P/S ratio of 1.15. On
May 15 the company increased its quarterly dividend 4.3% to $0.24
per share. The dividend is payable Aug. 20, 2012, to stockholders
of record at the close of business July 31, 2012. The yield based
on the new payout is 3.8%.
NiSource Inc. announced net operating earnings from continuing
operations (non-GAAP) of $214.5 million, or $0.76 cents per share
for the three months ended March 31, 2012, compared to $206.6
million, or $0.74 cents per share for the first quarter of 2011.
Operating earnings for the quarter (non-GAAP) were $435.5 million
compared to $402.1 million for the same period in 2011.
Brian Rogers and Mario Gabelli own shares of NI stock.
Director Marty R. Kittrell and Senior Vice President Corporate
Affairs Glen L. Kettering sold shares of NI stock.About
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