This is the group of companies who raised their dividend
during the week:
Target Corp (
TGT
)
Target Corporation operates large-format general merchandise and
food discount stores in the United States, which include Target
and SuperTarget stores. Target Corp has a market cap of $39.58
billion; its shares were traded at around $58.48 with a P/E ratio
of 13.5 and P/S ratio of 0.6. On June 13th the company increased
its quarterly dividend 20% to $0.36 per share. The dividend is
payable September 10, 2012 to shareholders of record at the close
of business August 15, 2012. The yield based on the new payout is
2.5%.
Target Corporation reported first quarter net earnings of $697
million, or $1.04 per share. For second quarter 2012, the company
expects adjusted EPS of $1.04 to $1.14 and GAAP EPS of $0.94 to
$1.04. sales increased 6.1 percent in the first quarter to $16.5
billion in 2012 from $15.6 billion in 2011. Sales increased 6.1
percent in the first quarter to $16.5 billion in 2012 from $15.6
billion in 2011.
PRIMECAP Management
,
John Rogers
, and
James Barrow
own shares of TGT stock.
Executive Officer
Timothy R Baer
, Director Roxanne S Austin, and Executive Officer Tina M Schiel
sold shares of TGT stock.
Alexandria Real (
ARE
)
Alexandria Real Estate Equities, Inc., Landlord and Developer of
Choice to the Life Science Industry, is a publicly-traded real
estate investment trust focused principally on the ownership,
operation, management, selective redevelopment, development and
acquisition of life science properties. Alexandria Real has a
market cap of $4.41 billion; its shares were traded at around
$70.18 with a P/E ratio of 16 and P/S ratio of 7.7. On June 12th
the company increased its quarterly dividend 4% to $0.51 per
share. The dividend is payable on July 16 to shareholders of
record on June 29. The yield based on the new payout is 2.9%.
Alexandria Real Estate Equities, Inc. announced financial and
operating results for the first quarter ended March 31, 2012. Net
income attributable to Alexandria Real Estate Equities, Inc.'s
common stockholders - diluted, for the three months ended March
31, 2012, was $18.4 million, or $0.30 per share. Total revenues
for the three months ended March 31, 2012, were $145.0 million,
as compared to total revenues for the three months ended December
31, 2011, of $145.8 million, and total revenues for the three
months ended March 31, 2011, of $139.9 million.
Ken Fisher, Ron Baron, and Chris Davis own shares.
CEO Joel S Marcus, CFO Dean A Shigenaga, Director James H
Richardson sold shares of ARE stock.
Colony Finl Inc (
CLNY
)
Colony Finl Inc has a market cap of $566.8 million; its shares
were traded at around $17.09 with a P/E ratio of 11.6 and P/S
ratio of 8.7. On June 11th the company increased its quarterly
dividend 3% to $0.35 per share for the second quarter of 2012.
The dividend is payable on July 16, 2012, to stockholders of
record on June 29, 2012. The yield based on the new payout is
8.2%.
Colony Financial, Inc. announced financial results for the first
quarter ended March 31, 2012. Net income attributable to common
stockholders increased to $12.1 million, or $0.37 per basic and
diluted share, from $7.4 million in the first quarter of 2011
Stage Stores (
SSI
)
Stage Stores operates retail stores offering moderately priced,
nationally recognized brand name apparel, accessories, cosmetics
and footwear for the entire family in small towns and communities
located primarily throughout the south central United States.
Stage Stores has a market cap of $516.9 million; its shares were
traded at around $17.48 with a P/E ratio of 16.4 and P/S ratio of
0.3. On June 1th the company increased its quarterly dividend
$0.10 per share. The new quarterly rate will be applicable to
dividends declared by the Board after June 20, 2012. The yield
based on the new payout is 2.4%.
Stage Stores, Inc. reported financial results for the first
fiscal quarter ended April 28, 2012. For the first quarter, the
Company reported a net loss of $418 thousand, or $0.01 per share,
compared to a net loss of $461 thousand, or $0.01 per share, for
the prior year first quarter.
John Keeley owns shares of SSI stock.
Rockwell Automt (
ROK
)
Rockwell Automation is a global provider of industrial automation
power, control and information solutions that help customers meet
their manufacturing productivity objectives. Rockwell Automt has
a market cap of $9.97 billion; its shares were traded at around
$69.19 with a P/E ratio of 13.9 and P/S ratio of 1.7. On June 8th
the company increased its quarterly dividend 11% to $0.47 per
share. The dividend is payable on Sept. 10, 2012 to shareholders
of record at the close of business on Aug. 13, 2012. The yield
based on the new payout is 2.7%.
Rockwell Automation, Inc. reported fiscal 2012 second quarter
sales of $1,561.1 million, up 7 percent from $1,464.1 million in
the second quarter of fiscal 2011. Net income was $167.8 million
($1.16 per share) compared to $166.4 million ($1.14 per share)
last year.
Ray Dalio, Ken Fisher, and PRIMECAP Management own shares of ROK
stock.
Sr.VP and CFO Theodore D Crandall, VP Finance & Investor Rel.
Dralle Rondi Rohr, and VP and General Auditor A Lawrence Stuever
sold shares of ROK stock.About GuruFocus: GuruFocus.com tracks
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