Guru Stocks Raising Dividends: UG, DFG, POR, MSA, KWR

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May 16, 2011
This is the group of companies who raised their dividend during the week: Unitedguardian Inc. (UG, Financial), Delphi Financial Group (DFG, Financial), Portland General Electric Company (POR, Financial), Mine Safety Appliances (MSA, Financial), and Quaker Chemical Corp. (KWR, Financial).


United Guardian Inc. (UG)


United Guardian Inc. conducts research, product development, manufacturing and marketing of pharmaceuticals, cosmetics, health care products, medical devices, and proprietary industrial products. United Guardian Inc. has a market cap of $69.2 million; its shares were traded at around $15.02 with a P/E ratio of 18.9 and P/S ratio of 4.9. On May 12, the company increased its semi-annual dividend 20% to $0.36 per share. The dividend is payable on June 13, 2011, to all stockholders of record as of the close of business on May 30, 2010. The yield based on the new payout is 4.9%.


United Guardian Inc. reported earnings for the first quarter of 2011. Revenue was up slightly to over $3.6 million, and would have been substantially higher had it not been for the limited availability of one of the Company's primary pharmaceutical products.


Mario Gabelli owns shares of UG stock.


Delphi Financial Group (DFG)


Delphi Financial Group Inc. is a holding company whose subsidiaries provide integrated employee benefit services. Delphi Financial Group has a market cap of $1.61 billion; its shares were traded at around $29.52 with a P/E ratio of 8.3 and P/S ratio of 0.9. On May 12, the company increased its quarterly dividend 9% to $0.12 per share. The dividend is payable on June 8, 2011, to shareholders of record at the close of business on May 25, 2011. The yield based on the new payout is 1.6%.


Delphi Financial Group Inc. filed its quarterly report for the period ended March 31, 2011. Net income attributable to shareholders was $50.2 million, or $0.89 per diluted share, for the first quarter of 2011 as compared to $36.5 million, or $0.66 per diluted share, for the first quarter of 2010.


Director Steven Andrew Hirsh and Director Edward A. Fox sold shares of Delphi Financial Group stock.


Portland General Electric Company (POR)


Portland General Electric Company is headquartered in Portland, Ore. Portland General Electric has a market cap of $1.93 billion; its shares were traded at around $25.69 with a P/E ratio of 11.5 and P/S ratio of 1.1. On May 11, the company increased its quarterly dividend 2% to $0.265 per share. The dividend is payable on or before July 15, 2011, to shareholders of record at the close of business on June 24, 2011. The yield based on the new payout is 4.1%.


David Dreman and Richard Pzena own shares of ]Portland General Electric stock.


Mine Safety Appliances (MSA)


]Mine Safety Appliances manufactures and sells products designed to protect the safety and health of workers throughout the world. Mine Safety Appliances has a market cap of $1.39 billion; its shares were traded at around $38.05 with a P/E ratio of 23.3 and P/S ratio of 1.4. On May 11, the company increased its dividend 4% to $0.26 per share. The dividend is payable June 10, 2011, to shareholders of record on May 23, 2011. The yield based on the new payout is 2.8%.


]Mine Safety Appliances announced that net sales for the first quarter of 2011 were $276 million compared with $212 million for the first quarter of 2010, an increase of $64 million, or 30%. Net income for the first quarter of 2011 was $13 million, or $0.36 per basic share, an increase of $8 million, or 170%, compared with $5 million, or $0.14 per basic share, for the same period last year. Sales in the company's North American segment increased $32 million, or 32%, in the first quarter of 2011.


Richard Aster Jr., Private Capital, and Mario Gabelli own shares of MSA stock.


President and CEO William M. Lambert sold shares of Mine Safety Appliances stock.


Quaker Chemical Corp. (KWR)


Quaker Chemical Corp. develops, produces, and markets a broad range of formulated chemical specialty products for various heavy industrial and manufacturing applications and, in addition, offers and markets chemical management services. Quaker Chemical Corp. has a market cap of $453.9 million; its shares were traded at around $39.45 with a P/E ratio of 12.6 and P/S ratio of 0.9. On May 11, the company increased its quarterly dividend 2.1% to $0.24 per share. The dividend is payable on July 29, 2011, to shareholders of record at the close of business on July 15, 2011. The yield based on the new payout is 2.4%.


Quaker Chemical Corporation announced net sales of $159.9 million and earnings per diluted share of $0.91 for the first quarter of 2011, up 25% and 8%, respectively, compared to net sales of $128.3 million and earnings per diluted share of $0.84 for the first quarter of 2010. Net sales for the first quarter of 2011 were $159.9 million, an increase of 25% from $128.3 million in the first quarter of 2010.


Mario Gabelli owns shares of Quaker Chemical stock.


VP & Managing Director - Europe L. Wilbert Platzer, Director Ronald J. Naples, and Director Ronald J. Naples sold shares of Quaker Chemical stock.