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(02-26-2015, 04:12 PM)EricL Wrote: Loving my Ross Stores!
The Company announced that its Board of Directors recently approved a program to repurchase $1.4 billion of its common stock over the next two years through fiscal 2016. At recent stock prices, this new authorization represents about 7% of the Company's total market value and a 27% increase over the prior two-year $1.1 billion authorization that was completed in January 2015.
The Board also recently approved an increase in the quarterly cash dividend to $.235 per share, up 18% on top of an 18% increase in the prior year. This higher quarterly dividend is payable on March 31, 2015 to stockholders of record as of March 9, 2015.
With today's results, I'm almost back to where I was before selling some the other day.
TJX should be following along pretty soon barring some misstep they've kept hidden.
Great company, good business plan. Too bad the yield is so low. Reminds me of CL.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
Digital Realty Trust, Inc. (DLR), boosted its quarterly dividend by 2.40% to 85 cents/share.
Westar Energy, Inc. (WR), boosted its quarterly dividend by 2.90% to 36 cents/share.
Two fairly disappointing raises. Was expecting more from both of them.
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Bank of Nova Scotia (NYSE:BNS) declares C$0.68/share quarterly dividend, 3% increase from prior dividend of $0.66.
Forward yield 4.07%
Payable April 28; for shareholders of record April 7; ex-div April 2.
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GameStop Corp. (GME), a family of specialty retail brands that makes the most popular technologies affordable and simple, today announced that its Board of Directors approved a 9% increase of its regular annual cash dividend from $1.32 to $1.44 per share. The regular quarterly dividend of $0.36 per share will be payable on March 24, 2015 to all shareholders of record as of March 17, 2015.
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Qualcomm (NASDAQ:QCOM) has launched a $15B buyback program that will replace a prior program with $2.1B remaining. The company plans to buy back $10B worth of shares within 12 months, on top of a current commitment to return 75% of free cash flow to shareholders. At current levels, the new buyback is good for repurchasing ~1/8 of all outstanding shares.
The quarterly dividend has been hiked by $0.06 (14%) to $0.48/share; that's good for a 2.6% yield at current levels. It will be effective for dividends payable after March 25.
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Receiving no objection to its capital plan from the Fed, Wells Fargo (NYSE:WFC) intends to boost its quarterly dividend by 7% to $0.375 per share, and "continue our strong share repurchase activity."
![[Image: z862Q8H.png]](https://i.imgur.com/z862Q8H.png)
