Guru Stocks Raising Dividends: NWL, COST, KWR, CSX, LYB

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May 14, 2012
This is the group of companies who raised their dividend during the week:


Newell Rubbermaid (NWL, Financial)


Newell Rubbermaid Inc. is a global manufacturer and full-service marketer of name-brand consumer products serving the needs of volume purchasers,including discount stores and warehouse clubs, home centers and hardware stores, and office superstores and contract stationers. Newell Rubbermaid has a market cap of $5.18 billion; its shares were traded at around $18.32 with a P/E ratio of 11.2 and P/S ratio of 0.9. On May 10, the company increased its quarterly dividend 25% to $0.10 per share. The dividend is payable June 15, 2012, to common stockholders of record at the close of business on May 31, 2012. The yield based on the new payout is 2.2%.


Newell Rubbermaid Inc. announced first quarter 2012 results. Net sales in the first quarter were $1.33 billion, an increase of 4.6 percent over the prior year.


James Barrow, Robert Olstein, and David Williams own shares of NWL stock.


Senior Vice President, General Counsel and Secretary John K. Stipancich, Vice President and Corporate Controller John B. Ellis, and President, Newell Professional William A. Burke III sold shares of NWL stock.


Costco Whole Corp. (COST, Financial)


Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover. Costco Whole Corp. has a market cap of $38.31 billion; its shares were traded at around $84.61 with a P/E ratio of 24.6 and P/S ratio of 0.4. On May 9, the company increased its quarterly 14.6% dividend to $0.275 per share. The quarterly dividend is payable June 8, 2012, to shareholders of record at the close of business on May 25, 2012. The yield based on the new payout is 1.3%.


Costco Wholesale Corporation announced its operating results for the second quarter (12 weeks) and first half (24 weeks) of fiscal 2012, ended Feb. 12, 2012, and its sales results for the four weeks ended Feb. 26, 2012. Net sales for the quarter increased ten percent, to $22.51 billion, from $20.45 billion last year. Net sales for the first half increased eleven percent, to $43.69 billion, from $39.27 billion last year. Net income for the quarter was $394 million, or $.90 per diluted share, compared to $348 million, or $.79 per diluted share, last year. Net income for the first half was $714 million, or $1.62 per diluted share, compared to $660 million, or $1.49 per diluted share, last year. The Company today also reported net sales of $7.04 billion for the four weeks ended Feb. 26, 2012, an increase of ten percent from $6.38 billion in the same four-week period of the prior fiscal year.


Bill Gates, Warren Buffett, and Tom Gayner owns shares of COST stock.


Executive Vice President John D. McKay and Executive Vice President Paul G. Moulton sold shares of COST stock.


Quaker Chemical (KWR, Financial)


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 has a market cap of $547.7 million; its shares were traded at around $45.7 with a P/E ratio of 12.2 and P/S ratio of 0.8. On May 9, the company increased its quarterly 14.6% dividend to $0.275 per share. The quarterly dividend is payable June 8, 2012, to shareholders of record at the close of business on May 25, 2012. The yield based on the new payout is 1.3%.


Quaker Chemical Corporation announced net sales of $177.6 million for the first quarter of 2012, up 11% compared to first quarter 2011 net sales of $159.9 million. Net income of $11.9 million for the first quarter of 2012 was up 13% compared to $10.6 million for the first quarter of 2011.


Mario Gabelli bought shares of KWR stock.


Chairman, CEO and President Michael F. Barry, VP & CFO Mark A. Featherstone and Director Edwin J. Delattre sold shares of KWR stock.


CSX Corp. (CSX, Financial)


CSX Corp.'s unique combination of rail, container-shipping, intermodal and logistics services provides global reach that's second to none. CSX Corp. has a market cap of $23.29 billion; its shares were traded at around $21.65 with a P/E ratio of 12.8 and P/S ratio of 2. On May 9, the company increased its quarterly dividend 7% increase to $0.14 per share. The dividend is payable on June 15, 2012 to shareholders of record at the close of business on May 31, 2012. The yield based on the new payout is 4.0%.


CSX Corp. announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. Revenue in the quarter improved 6 percent from the prior year to nearly $3 billion, driven by increased volume, pricing gains and fuel recovery.


Ray Dalio, Ken Fisher, and Bill Gates own shares of CSX stock.


Executive Vice President and CFO Fredrik J. Eliasson and Senior Vice President and Chief Administrative Off Lisa A. Mancini sold shares of CSX stock.


LyondellBasel-A (LYB, Financial)


LyondellBasell Industries AF S.C.A is a manufactures chemicals and derivatives. LyondellBasel-A has a market cap of $26.13 billion; its shares were traded at around $40.08 with a P/E ratio of 9.8 and P/S ratio of 0.5. On May 9, the company increased its quarterly dividend 60% to $0.40 per share. The dividend is payable on June 11, 2012 to shareholders of record as of May 21, 2012. The yield based on the new payout is 4.0%.


LyondellBasell Industries announced net income for the first quarter 2012 of $599 million, or $1.04 per share. First-quarter 2012 EBITDA was $1,236 million, a 131 percent increase from the fourth quarter 2011.


Andreas Halvorsen owns shares of LYB stock.