This is the group of companies who raised their dividend during the week: Best Buy Co. Inc., Annaly Capital Management, Idt Corp. Cl B, American Water Works Company, and Petsmart Inc.
Best Buy Co. Inc. (BBY, Financial)
Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Co. Inc. has a market cap of $12.44 billion; its shares were traded at around $32 with a P/E ratio of 9.2 and P/S ratio of 0.2. On June 21st the company increased its quarterly dividend 7% to $0.16 cents per share. The dividend is payable on October 25, 2011 to shareholders of record as of October 4, 2011. The yield based on the new payout is 2.0%.
David Einhorn, Richard Snow, Bill Nygren own shares of BBY stock.
CEO Brian J Dunn sold shares of BBY stock.
Director Lisa Caputo and Director Khosla Sanjay bought shares of BBY stock.
Annaly Capital Management (NLY, Financial)
Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly Capital Management has a market cap of $14.8 billion; its shares were traded at around $18.2 with a P/E ratio of 7.4 and P/S ratio of 5.6. On June 20th the company increased it quarterly dividend 5% to $0.65 per share.This dividend is payable July 28, 2011 to common shareholders of record on June 30, 2011. The ex-dividend date is June 28, 2011. The yield based on the new payout is 13.9%.
Annaly Capital Management, Inc. reported GAAP net income for the quarter ended March 31, 2011 of $699.9 million or $0.92 per average share available to common shareholders as compared to GAAP net income of $281.1 million or $0.50 per average share available to common shareholders for the quarter ended March 31, 2010, and GAAP net income of $1.2 billion or $1.94 per average share available to common shareholders for the quarter ended December 31, 2010.
Third Avenue Management, John Keeley, and Chuck Akre own shares of NLY stock.
Idt Corp. Cl B (IDT, Financial)
IDT Corporation, through its IDT Telecom subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. Idt Corp. Cl B has a market cap of $637.1 million; its shares were traded at around $27.7 with a P/E ratio of 18.4 and P/S ratio of 0.4. On June 20th the company increased its quarterly dividend 4.5% to $0.23 per share. The dividend is payable on July 12, 2011 to shareholders of record of IDT Corporation Class A Common Stock and Class B Common Stock as of the close of business on July 1st. The ex-dividend date will be June 29th. The yield based on the new payout is 3.5%.
Whitney Tilson and Irving Kahn own shares of IDT stock.
American Water Works Company (AWK, Financial)
AMER WATER is the largest investor-owned U.S. water and wastewater utility company. American Water Works Company has a market cap of $5.28 billion; its shares were traded at around $30.1 with a P/E ratio of 18.8 and P/S ratio of 1.9. On June 17th the company increased its quarterly dividend 4.5% to $0.23 per share. The dividend is payable on September 1, 2011 to all shareholders of record as of August 12, 2011. The yield based on the new payout is 3.1%.
American Water Works Company, Inc. reported results for the first quarter ended March 31, 2010. For the quarter, the company reported operating revenues of $588.1 million, a $37.9 million or 6.9 percent increase over the same period in 2009.Net income in the first quarter was $30.8 million, or $0.18 per basic and diluted common share, compared with a net loss of $413.1 million or $2.58 per basic and diluted common share, in the first quarter of 2009.
John Keeley and Mario Gabelli own shares of AWK stock.
President and CEO Jeffry E Sterba and Director Martha Clark Goss bought shares of AWK stock.
Director George Mackenzie sold shares of AWK stock.
Petsmart Inc. (PETM, Financial)
PETSMART, INC. is a operator of superstores specializing in pet food, supplies and services in the United States. Petsmart Inc. has a market cap of $5.26 billion; its shares were traded at around $45.77 with a P/E ratio of 21.1 and P/S ratio of 0.9. On June 17th the company increased its quarterly dividend 12% to $0.14 per share beginning in the second quarter of fiscal 2011. The yield based on the new payout is 1.2%.
PetSmart, Inc. reported earnings of $0.61 per share, up 33% compared to $0.46 per share in the first quarter of 2010. Net income totaled $71 million in the first quarter of 2011, compared to $56 million in the first quarter of 2010. Total sales for the first quarter of 2011 increased 6.8% to $1.5 billion.
Richard Aster Jr, George Soros, and Robert Olstein own shares of PETM stock.
SVP CFO Lawrence Molloy, SVP General Counsel & Sec Emily D Dickinson, and SVP Real Estate & Development Jaye D Perricone sold shares of PETM stock.
Best Buy Co. Inc. (BBY, Financial)
Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Co. Inc. has a market cap of $12.44 billion; its shares were traded at around $32 with a P/E ratio of 9.2 and P/S ratio of 0.2. On June 21st the company increased its quarterly dividend 7% to $0.16 cents per share. The dividend is payable on October 25, 2011 to shareholders of record as of October 4, 2011. The yield based on the new payout is 2.0%.
David Einhorn, Richard Snow, Bill Nygren own shares of BBY stock.
CEO Brian J Dunn sold shares of BBY stock.
Director Lisa Caputo and Director Khosla Sanjay bought shares of BBY stock.
Annaly Capital Management (NLY, Financial)
Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly Capital Management has a market cap of $14.8 billion; its shares were traded at around $18.2 with a P/E ratio of 7.4 and P/S ratio of 5.6. On June 20th the company increased it quarterly dividend 5% to $0.65 per share.This dividend is payable July 28, 2011 to common shareholders of record on June 30, 2011. The ex-dividend date is June 28, 2011. The yield based on the new payout is 13.9%.
Annaly Capital Management, Inc. reported GAAP net income for the quarter ended March 31, 2011 of $699.9 million or $0.92 per average share available to common shareholders as compared to GAAP net income of $281.1 million or $0.50 per average share available to common shareholders for the quarter ended March 31, 2010, and GAAP net income of $1.2 billion or $1.94 per average share available to common shareholders for the quarter ended December 31, 2010.
Third Avenue Management, John Keeley, and Chuck Akre own shares of NLY stock.
Idt Corp. Cl B (IDT, Financial)
IDT Corporation, through its IDT Telecom subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. Idt Corp. Cl B has a market cap of $637.1 million; its shares were traded at around $27.7 with a P/E ratio of 18.4 and P/S ratio of 0.4. On June 20th the company increased its quarterly dividend 4.5% to $0.23 per share. The dividend is payable on July 12, 2011 to shareholders of record of IDT Corporation Class A Common Stock and Class B Common Stock as of the close of business on July 1st. The ex-dividend date will be June 29th. The yield based on the new payout is 3.5%.
Whitney Tilson and Irving Kahn own shares of IDT stock.
American Water Works Company (AWK, Financial)
AMER WATER is the largest investor-owned U.S. water and wastewater utility company. American Water Works Company has a market cap of $5.28 billion; its shares were traded at around $30.1 with a P/E ratio of 18.8 and P/S ratio of 1.9. On June 17th the company increased its quarterly dividend 4.5% to $0.23 per share. The dividend is payable on September 1, 2011 to all shareholders of record as of August 12, 2011. The yield based on the new payout is 3.1%.
American Water Works Company, Inc. reported results for the first quarter ended March 31, 2010. For the quarter, the company reported operating revenues of $588.1 million, a $37.9 million or 6.9 percent increase over the same period in 2009.Net income in the first quarter was $30.8 million, or $0.18 per basic and diluted common share, compared with a net loss of $413.1 million or $2.58 per basic and diluted common share, in the first quarter of 2009.
John Keeley and Mario Gabelli own shares of AWK stock.
President and CEO Jeffry E Sterba and Director Martha Clark Goss bought shares of AWK stock.
Director George Mackenzie sold shares of AWK stock.
Petsmart Inc. (PETM, Financial)
PETSMART, INC. is a operator of superstores specializing in pet food, supplies and services in the United States. Petsmart Inc. has a market cap of $5.26 billion; its shares were traded at around $45.77 with a P/E ratio of 21.1 and P/S ratio of 0.9. On June 17th the company increased its quarterly dividend 12% to $0.14 per share beginning in the second quarter of fiscal 2011. The yield based on the new payout is 1.2%.
PetSmart, Inc. reported earnings of $0.61 per share, up 33% compared to $0.46 per share in the first quarter of 2010. Net income totaled $71 million in the first quarter of 2011, compared to $56 million in the first quarter of 2010. Total sales for the first quarter of 2011 increased 6.8% to $1.5 billion.
Richard Aster Jr, George Soros, and Robert Olstein own shares of PETM stock.
SVP CFO Lawrence Molloy, SVP General Counsel & Sec Emily D Dickinson, and SVP Real Estate & Development Jaye D Perricone sold shares of PETM stock.
