Guru Stocks Raising Dividends: RMCF, CPK, RAI, PEP, CAH

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May 07, 2012
This is the group of companies who raised their dividend during the week:


Rocky Mountain Chocolate (RMCF, Financial)


Rocky Mountain Chocolate Factory manufactures an extensive line of premium chocolate candies and other confectionery products from its own proprietary recipes for sale at its franchised and company-owned stores. Rocky Mountain Chocolate Factory has a market cap of $57.8 million; its shares were traded at around $10.7 with a P/E ratio of 16 and P/S ratio of 1.9. On May 3, the company increased its quarterly dividend 10% to $0.11 per share. The dividend is payable June 8, 2012 to shareholders of record at the close of business May 24, 2012. The yield based on the new payout is 4.2%.


Rocky Mountain Chocolate Factory Inc. reported its operating results for the quarter and fiscal year ended Feb. 29, 2012. Net income for the fourth quarter of fiscal year 2012 increased 13.6 percent to $1,319,852, versus $1,162,118 in the fourth quarter of the previous fiscal year. For the quarter ended Feb. 29, 2012, total revenue increased 13.0 percent to approximately $10.1 million, compared with revenues of approximately $9.0 million in the fourth quarter of the previous fiscal year.


Director Lee N. Mortenson and Vice President Sales and Marketing Edward L. Dudley sold shares of RMCF stock.


Chesapeake Utilities (CPK, Financial)


Chesapeake Utilities Corporation is a utility company engaged in natural gas distribution and transmission, propane distribution and marketing, advanced information services and other related businesses. Chesapeake Utilities has a market cap of $404.2 million; its shares were traded at around $41.31 with a P/E ratio of 15 and P/S ratio of 1. On April 3rd the company increased its quarterly dividend 5.8% to $0.365 per share. The dividend is payable July 5, 2012 to all shareholders of record at the close of business on June 15, 2012. The yield based on the new payout is 3.5%.


Chesapeake Utilities Corporation announced financial results for the first quarter of 2012. The company's net income for the quarter ended March 31, 2012 was $10.7 million, or $1.11 per share, a decrease of $3.0 million, or $0.32 per share, compared to the same quarter in 2011. The company's operating income for the first quarter of 2012 was $20.1 million, a decrease of $4.8 million, compared to the same quarter in 2011.


Mario Gabelli owns shares of CPK stock.


Director Calvert A. Morgan Jr. bought shares of CPK stock.


Chairman of the Board Ralph J. Adkins sold shares of CPK stock.


Reynolds American (RAI, Financial)


Reynolds American Inc. is the parent company of R.J. Reynolds American has a market cap of $23.23 billion; its shares were traded at around $40.36 with a P/E ratio of 14.9 and P/S ratio of 2.7. On May 3, the company increased its quarterly dividend 5.4% to $0.59 per share. The dividend is payable on July 2, 2012, to shareholders of record on June 11, 2012. The yield based on the new payout is 5.4%.


James Barrow, David Winters, and Richard Aster Jr. own shares.


President and CEO Daniel M. Delen, Executive Vice President and CFO Thomas R. Adams and Senior Vice President Strategy and Business Development E. Kenan Whitehurst sold shares of RAI stock.


PepsiCo Inc. (PEP, Financial)


PepsiCo Inc. consists of: Frito-Lay Company, Pepsi-Cola Company and Tropicana Products. PepsiCo Inc. has a market cap of $105.36 billion; its shares were traded at around $65.96 with a P/E ratio of 15.2 and P/S ratio of 1.6. On May 2, the company increased its quarterly dividend 4% to $0.5375 per share. The dividend is payable June 29, 2012, to shareholders of record on June 1, 2012. The yield based on the new payout is 3.2%.


PepsiCo Inc. reported net revenue growth of 4 percent and constant currency net revenue growth of 5 percent for the first quarter ended March 24, 2012.


George Soros, Ken Fisher, and Charles Brandes own shares of PEP stock.


CEO PepsiCo AMEA Saad Abdul-latif, CEO, PAB Albert P. Carey and Director Arthur C. Martinez sold shares of PEP stock.


Cardinal Health (CAH, Financial)


Cardinal Health Inc. is one of the providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. Cardinal Health has a market cap of $14.49 billion; its shares were traded at around $42.71 with a P/E ratio of 14.6 and P/S ratio of 0.1. On May 2nd the company increased its quarterly dividend 10.5% to $0.2375 per share. The dividend is payable July 15 to shareholders of record on July 1. The yield based on the new payout is 2.2%.


Cardinal Health Inc. reported a 3 percent increase in fiscal 2012 third-quarter revenue to $26.9 billion and a 6 percent increase in non-GAAP operating earnings to $524 million. The company also reported a 16 percent increase in non-GAAP diluted earnings per share (EPS) from continuing operations to $0.94.


Joel Greenblatt, John Keeley and Edward Owens own shares of CAH stock.


CEO Medical Segment Michael A. Lynch sold shares of CAH stock.