Dividend Changes to Know Now: Fulton Financial Corp., B&G Foods, Susquehanna Bancshares, Kinder Morgan, Targa Resources Partners
Fulton Financial Corp. (NASDAQ:FULT): Fulton Financial increases dividend 14.3% to 8c. Fulton Financial raised its dividend to shareholders by 1c, or 14.3%, to 8c per common share, for the Q3.
B&G Foods Inc. (NYSE:BGS): B&G Foods increases dividend 7.4% to 29c per share. B&G Foods announced that its board of directors has increased the company’s quarterly cash dividend rate by 7.4% from 27c per share of common stock to 29c per share of common stock. The quarterly dividend is payable on January 30, 2013 to shareholders of record as of December 31.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Susquehanna Bancshares, Inc. (NASDAQ:SUSQ): Susquehanna increases quarterly dividend to 7c from 6c. The dividend is payable on November 20 to shareholders of record October 30.
Kinder Morgan Inc (NYSE:KMI): Kinder Morgan increases dividend to 36c from 35c. The board of directors increased the quarterly cash dividend to 36c per share which is payable on Nov. 15 to shareholders of record as of Oct. 31. This is up from the Q2 dividend of 35c.
Targa Resources Partners LP (NYSE:NGLS): Targa Resources Corp. expects to increase 2013 dividends by 25%-30%. Targa Resources Corp. expects to be in a position to increase dividends by 25% to 30%+ in 2013 compared to 2012, subject to the approval of the board of directors of TRC. For 2013, the estimated financial performance of the Partnership is expected to result in cash taxes for TRC equal to approximately 23% of its estimated pre-tax distributable cash flow. TRC’s estimated dividend increases, effective tax rate and the estimated Adjusted EBITDA of the Partnership are based on preliminary estimates and, accordingly, remain subject to changes that could be significant.