Dividend Changes to Know Now: Stryker, Horace Mann, Hillenbrand, HEICO, Coffee Holding

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Stryker Corp. (NYSE:SYK): Stryker increases quarterly dividend 25% to 26.5c. Stryker’s board of directors has increased its dividend 25% by declaring a quarterly dividend of 26.5c per share payable on January 31, 2013, to shareholders of record at the close of business on December 31, 2012.

Horace Mann Educators Corp. (NYSE:HMN): Horace Mann increases dividend 23% to 16c per share. Dividend is payable on December 31 to shareholders of record as of December 17.

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Hillenbrand, Inc. (NYSE:HI): Hillenbrand increases quarterly dividend to 19.5c per share. Hillenbrand has declared a regular quarterly cash dividend of 19.5c per share on the company’s common stock. The dividend is payable Dec. 31 to shareholders of record at the close of business on Dec. 17.

HEICO Corp. (NYSE:HEI): HEICO increases special dividend to $2.14 per share from $1.14 per share. HEICO announced that its board increased the previously announced special and extraordinary $1.14 per share cash dividend on both its Class A Common Stock and its Common Stock by $1.00 per share so that the total special dividend will now be $2.14 per share on both classes of common stock. The increased special and extraordinary $2.14 per share cash dividend will be paid together with the previously announced regular semi-annual 6c per share cash dividend. The dividends will be paid in one payment, totaling $2.20 per share, on or before December 31 to shareholders of record on December 17.

Coffee Holding Co.Inc. (NASDAQ:JVA): Coffee Holding accelerates and raises dividend to 6c per share from 3c per share. Coffee Holding announced that its board of directors approved an increase to its regularly scheduled quarterly dividend and an acceleration of such dividend payment. The quarterly dividend of 6c will be paid on December 28 to stockholders as of the close of business on December 17. The prior quarterly dividends have been paid at a rate of 3c per share and the fourth quarter dividend payments were previously paid in the January following the company’s fiscal year end.

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