Dividend Changes to Know Now: SEI Investments, General Mills, Moody’s, Toro, CapLease

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

SEI Investments Co. (NASDAQ:SEIC): SEI raises semi-annual dividend 1c to 16c. The board of SEI Investments Company declared a regular semi-annual dividend of 16c per share, a 1c increase compared to its last semi-annual dividend. The cash dividend will be payable to shareholders of record on December 21 with a payment date of December 28, 2012.

General Mills Inc. (NYSE:GIS): General Mills raises annualized dividend to $1.32 per share from $1.22 per share. The General Mills board declared a quarterly dividend at the prevailing rate of 33c per share, payable Feb. 1, 2013, to shareholders of record Jan. 10, 2013. The current annualized dividend rate of $1.32 per share is an 8% increase over dividends of $1.22 per share paid in FY12.

Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.

Moody’s Corp. (NYSE:MCO): Moody’s increases dividend 25% to 20c per share. The board of Moody’s Corporation has declared a regular quarterly dividend of 20c per share of MCO common stock, a 25% increase from the prior quarterly dividend of 16c per share. The dividend will be payable on March 11, 2013 to stockholders of record at the close of business on February 20, 2013.

Toro Co. (NYSE:TTC): Toro Company accelerates, raises dividend to 14c per share from 11c per share. The Toro Company announced that its board has declared a quarterly cash dividend of 14c per share, an increase from the previous quarterly dividend rate of 11c per share. This dividend is payable on December 31, to shareholders of record on December 21. This accelerated quarterly dividend replaces the dividend that would have been payable in January 2013.

CapLease, Inc. (NYSE:LSE): CapLease increases Q4 dividend 7% to 7.5c per share. The company’s Board of Directors announced an increase in the company’s quarterly dividend by 7% beginning with 4Q12 to 7.5c per share. Including last quarter’s 8% dividend increase, the company’s Board of Directors has increased the quarterly dividend by 15% during 2012. That increase reflects the company’s significant progress on its 2012 business plan including new investments added or committed of over $165M. The Q4 dividend is payable on January 15, 2013 to stockholders of record as of December 31, 2012.

Don’t Miss: Apple is Sinking Way Too Deep.

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