This is the group of companies who raised their dividend during the week: VANGUARD NATURAL RES, Spectra Energy Partners LP, Starbucks Corp., Westfield Financial Inc, and Eaton Corp.
President and CEO Scott W Smith and Executive VP and CFO Richard A Robert bought shares of VNR stock.
Related Party Affiliate Capital Partners, Llc Nami sold shares of VNR stock.
Director J D Woodward and Director Nora Mead Brownell bought shares of SEP stock.
Director Robert Mark Fiedorek sold shares of SEP stock.
Starbucks Corporation reported financial results for its fiscal third quarter ended June 27, 2010. Consolidated net revenues for Q3 FY10 were $2.6 billion, compared to $2.4 billion in Q3 FY09. U.S. net revenues were $1.9 billion in Q3 FY10, an increase of 7% over Q3 FY09.
Starbucks Corp. is owned by Mark Hillman, George Soros, and John Hussman.
Director Kevin R Johnson and Director Sheryl Sandberg bought shares of SBUX stock.
Director Craig Weatherup, Director Barbara Bass, and Pres., Starbucks Coffee U.S. Clifford Burrows bought shares of SBUX stock.
Westfield Financial, Inc. reported a net loss of $(386,000) or $(0.01) per diluted share, for the quarter ended June 30, 2010, compared to net income of $1.1 million, or $0.04 per diluted share, for the same period in 2009. For the six months ended June 30, 2010, net income was $1.0 million or $0.03 per diluted share, compared to $2.3 million or $0.08 per diluted share for the same period in 2009. Total assets were $1.2 billion at June 30, 2010, which represents an increase of $43.5 million from December 31, 2009.
Westfield Financial Inc is owned by John Keeley.
President and CEO James C Hagan and CFO & Treasurer Leo R Jr Sagan sold shares of WFD stock.
Chairman and CEO Alexander M Cutler, VC and CFO & Planning Officer Richard H Fearon, and Sr VP and Controller Billie K Rawot sold shares of ETN stock.
VANGUARD NATURAL RES (VNR, Financial)
Vanguard is an independent natural gas and oil company, focused on the acquisition, exploitation and development of natural gas and oil properties. Vanguard Natural Res has a market cap of $550.1 million; its shares were traded at around $25.39 with a P/E ratio of 12.5 and P/S ratio of 12. The company raised quarterly distributions by 4.80% to 55 cents/unit. Vanguard Natural Resources, LLC has consistently raised distributions since going public in 2008. Yield: 8.90%President and CEO Scott W Smith and Executive VP and CFO Richard A Robert bought shares of VNR stock.
Related Party Affiliate Capital Partners, Llc Nami sold shares of VNR stock.
Spectra Energy Partners LP (SEP, Financial)
SPECTRA ENERGY PERTNERS LP is a growth oriented, Delaware master limited partnership recently formed by Spectra Energy Corp, headquartered in Houston, Texas, to own and operate natural gas transportation and storage assets. Spectra Energy Partners Lp has a market cap of $2.05 billion; its shares were traded at around $34.9 with a P/E ratio of 19.8 and P/S ratio of 11.4. This master limited partnership raised quarterly distributions by 2.40% to 43 cents/unit. Spectra Energy Partners, LP has raised distributions every quarter since going public in 2007. Yield: 4.90%Director J D Woodward and Director Nora Mead Brownell bought shares of SEP stock.
Director Robert Mark Fiedorek sold shares of SEP stock.
Starbucks Corp. (SBUX, Financial)
Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. Starbucks Corp. has a market cap of $18.52 billion; its shares were traded at around $24.85 with a P/E ratio of 21.6 and P/S ratio of 1.9. The company increased quarterly dividend 30% to 13 cent/share. This was the first dividend increase since the company started paying dividends earlier this year. Yield: 2.10%Starbucks Corporation reported financial results for its fiscal third quarter ended June 27, 2010. Consolidated net revenues for Q3 FY10 were $2.6 billion, compared to $2.4 billion in Q3 FY09. U.S. net revenues were $1.9 billion in Q3 FY10, an increase of 7% over Q3 FY09.
Starbucks Corp. is owned by Mark Hillman, George Soros, and John Hussman.
Director Kevin R Johnson and Director Sheryl Sandberg bought shares of SBUX stock.
Director Craig Weatherup, Director Barbara Bass, and Pres., Starbucks Coffee U.S. Clifford Burrows bought shares of SBUX stock.
Westfield Financial Inc (WFD, Financial)
Westfield Financial, Inc. is the holding company for Westfield Bank. Westfield Financial Inc has a market cap of $242.9 million; its shares were traded at around $8.21 with a P/E ratio of 58.7 and P/S ratio of 4.3. The company raised dividends by 20% to $0.06 per share. This company has not only consistently raised distributions since 2003, but also frequently pays special dividends to shareholders. Yield: 2.80%Westfield Financial, Inc. reported a net loss of $(386,000) or $(0.01) per diluted share, for the quarter ended June 30, 2010, compared to net income of $1.1 million, or $0.04 per diluted share, for the same period in 2009. For the six months ended June 30, 2010, net income was $1.0 million or $0.03 per diluted share, compared to $2.3 million or $0.08 per diluted share for the same period in 2009. Total assets were $1.2 billion at June 30, 2010, which represents an increase of $43.5 million from December 31, 2009.
Westfield Financial Inc is owned by John Keeley.
President and CEO James C Hagan and CFO & Treasurer Leo R Jr Sagan sold shares of WFD stock.
Eaton Corp. (ETN, Financial)
Eaton Corporation is a global diversified industrial manufacturer. Eaton Corp. has a market cap of $13.15 billion; its shares were traded at around $78.46 with a P/E ratio of 16.1 and P/S ratio of 1.1. The company also increased their quarterly dividend 16% to 58 cents/share. This was the first dividend increase since 2008. Yield: 3%Chairman and CEO Alexander M Cutler, VC and CFO & Planning Officer Richard H Fearon, and Sr VP and Controller Billie K Rawot sold shares of ETN stock.
