Dell’s Desperate Dividend and 3 BIG Stocks CRASH to New 52-Week Lows
Dell Inc. (NASDAQ:DELL): Dell announced a quarterly cash dividend on common stock commencing the third quarter this current financial year. This might be 8 cents a share every quarter, or 32 cents a share annually, giving a dividend yield of about 2.7 percent on Monday’s close of $11.86. The shares have traded in a 52-week range of $11.68 to $18.36. Shares of Dell are bouncing higher this morning 4.22%.
Alliance Capital (NYSE:AB): Shares fell 0.59 percent in response to a report by AllianceBernstein that placed assets under the management for the month of May at $400 billion, down from $418 billion in the previous month. The shares closed at $11.84, down $0.07. They have traded in a 52-week range of $11.61 to $20.38. Shares of Alliance Capital are higher .42% today.
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Green Mountain Coffee (NASDAQ:GMCR): Roth Capital, unmoved by the recent sell-off due to Kroger’s competitive moves on Green Mountain’s turf, said consumers are unlikely to dump the K-Cup brand in significant numbers and that private label competitors would be unable to dent its market share. The firm keeps its BUY rating and a PT of $70 on Green Mountain. The shares have traded in a 52-week range of $20.72 to $115.98. Shares of Green Mountain are higher .89% today.
Juniper Networks (NYSE:JNPR): Juniper’s shares traded up 1.28 percent, taking heart from comments at its 2012 Financial Analyst meet which said the company’s constant emphasis on innovation would be its key to success. The shares closed at $16.61, up $0.21. They have traded in a 52-week range of $16.33 to $33.11. Shares of Juniper are lower 1 cent this morning.
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