TMCnet News
Daily Dividend Report: LO, UPS, ACE, RIG, TMK, BMI(MarketNewsVideo.com Via Acquire Media NewsEdge) Lorillard Incorporated (LO) maintained its quarterly dividend of 1 dollar and 30 cents per share. The dividend is payable on September 12, 2011 to stockholders of record as of September 1, 2011. The Company's Board of Directors also approved a new share repurchase program, authorizing the Company to repurchase in the aggregate up to $750 million of its outstanding common stock. Shares are higher by about nine tenths of a percent. In other dividend news, United Parcel Service Incorporated (UPS) maintained its quarterly dividend of 52 cents per share. Ace Limited Switzerland (ACE) maintained its monthly dividend of 35 cents per share. Transocean (RIG) maintained a dividend of 79 cents per share. Broadcom Corporation (BRCM) maintained its quarterly dividend of 9 cents per share. Among dividend increases, Torchmark Corporation (TMK) announced its quarterly dividend of 12 cents per share, an increase of about 9% over its prior dividend in May of 11 cents. Badger Meter Incorporated (BMI) announced its quarterly dividend of 16 cents per share, an increase of about 14% over its prior dividend in May of 14 cents. The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201108Dividends081211&mv=1. |
