Guru Stocks Raising Dividends: LORILLARD, INC, Northrim BanCorp Inc, Badger Meter Inc, Madison Gas and Electric Company, G&K Services Inc.

Guru Stocks Raising Dividends: LO, NRIM, BMI, MGEE, GKSR

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Aug 29, 2010
This is the group of companies who raised their dividend during the week:

LORILLARD, INC (LO, Financial)

LORILLARD is the third largest manufacturer of cigarettes in the United States. Lorillard, Inc has a market cap of $11.8 billion; its shares were traded at around $77.2 with a P/E ratio of 12.5 and P/S ratio of 2.3. The dividend yield of Lorillard, Inc stocks is 5.2%.

Lorillard, Inc. reported results for the quarter ended June 30, 2010. Net sales were $1.520 billion for the second quarter of 2010, compared to $1.519 billion for the second quarter of 2009. Net sales were $1.520 billion in the second quarter of 2010, compared to $1.519 billion in the second quarter of 2009, an increase of $1 million.

LORILLARD, INC is owned by Jean-Marie Eveillard, David Dreman, and James Barrow.

Northrim BanCorp Inc (NRIM, Financial)

Northrim BanCorp, Inc. is a full-service commercial bank that provides a full range of personal and business banking services. Northrim Bancorp Inc has a market cap of $102.5 million; its shares were traded at around $16.05 with a P/E ratio of 13.2 and P/S ratio of 1.6. The dividend yield of Northrim Bancorp Inc stocks is 2.4%.

Director John C Swalling, Director Mark G Copeland, and Director Anthony Drabek bought shares of NRIM stock.

Badger Meter Inc (BMI, Financial)

Badger Meter, Inc. is a marketer and manufacturer of products, and a provider of services, using flow measurement and control technologies serving markets worldwide. Badger Meter Inc has a market cap of $574.4 million; its shares were traded at around $38.34 with a P/E ratio of 22.6 and P/S ratio of 2.4. The dividend yield of Badger Meter Inc stocks is 1.3%. Badger Meter Inc had an annual average earning growth of 19.3% over the past 10 years. GuruFocus rated Badger Meter Inc the business predictability rank of 3-star.

Director John J Stollenwerk bought shares of BMI stock.

VP-International Horst Gras and Retired Officer Ronald H Dix sold shares of BMI stock.

Madison Gas and Electric Company (MGEE, Financial)

MGE Energy is a public utility holding company. Its principal subsidiary, MGE, generates and distributes electricity to more than 128,000 customers in Dane County, Wisconsin (250 square miles) and purchases, transports and distributes natural gas to nearly 123,000 customers in seven south-central and western Wisconsin counties (1,375 square miles). Madison Gas And Electric Company has a market cap of $864 million; its shares were traded at around $37.38 with a P/E ratio of 16.6 and P/S ratio of 1.6. The dividend yield of Madison Gas And Electric Company stocks is 3.9%. Madison Gas And Electric Company had an annual average earning growth of 1% over the past 10 years.

V.P., CFO, Secretary Jeffrey C Newman, Director Thomas R Stolper, Director Londa J Dewey bought shares of MGEE stock.

G&K Services Inc. (GKSR, Financial)

G&K Services, Inc. is a market leader in branded identity apparel programs and facility services in the United States, and is the largest such provider in Canada. G&k Services Inc. has a market cap of $379.1 million; its shares were traded at around $20.42 with a P/E ratio of 17.6 and P/S ratio of 0.4. The dividend yield of G&k Services Inc. stocks is 1.5%.

G&K Services, Inc. reported fourth quarter fiscal 2010 revenue of $220.2 million, which compares to revenue of $218.0 million in the prior-year period. The company reported fourth quarter net earnings of $0.61 per diluted share. This compares to prior-year period earnings of $0.16 per share.

G&K Services Inc. is owned by 1 Tweedy Browne.