Dividend Changes to Know Now: First Financial, Espey Mfg. & Electronics, Stewart Information Services, Franklin Resources, Chatham Lodging Trust

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

First Financial Corp. (NASDAQ:THFF): First Financial Corp raises semi-annual dividend to 48c from 47c per share. The directors of First Financial Corporation have declared a semi-annual dividend of 48c per share payable on January 2, 2013, to shareholders of record at the close of business December 14, 2012. This declaration increases the total dividend paid in 2012 to 95c per share, a 1.1% increase from 2011.

Espey Mfg. & Electronics Corp. (AMEX:ESP): Espey Mfg declares special dividend of $1.00 per share, raises regular dividend. The Board of Directors of Espey Mfg. & Electronics has declared a special cash dividend of $1.00 per share. This special dividend is in addition to a regular quarterly dividend that has been increased from 22.5c to 25c of common stock per share. The dividends will be payable on December 20 to all shareholders of record on December 13.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

Stewart Information Services Corp. (NYSE:STC): Stewart raises dividend 5c to 10c per share. Stewart Information Services Corporation announced that its board had declared a cash dividend of 10c per share, payable December 28 to common stockholders of record on December 14. This represents an increase of 5c per share from the dividend paid in 2011.

Franklin Resources Inc. (NYSE:BEN): Franklin Resources increases dividend 7% to 29c per share. Franklin Resources announced a quarterly cash dividend in the amount of 29c per share payable on December 31 to stockholders of record holding shares of common stock at the close of business on December 14. The quarterly dividend share represents a 7% increase over the dividends paid the prior quarter and the same quarter last year.

Chatham Lodging Trust (REIT) Co (NYSE:CLDT): Chatham Lodging Trust to increase FY13 dividend 5% to 84c. Chatham’s board voted to raise the dividend in 2013 by 5%, to an annual rate of 84% per share and to convert the company’s current quarterly dividend to a monthly dividend of 7c per share beginning in January 2013. “Our goal is to build a superior portfolio of investments that will appreciate in value and generate an attractive and dependable dividend over time for our investors,” said the company.

Don’t Miss: How Much Does the Fed Distort the Housing Market?

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business