Nucor Corporation (NYSE:NUE): Correct: Nucor increases quarterly dividend to 36.75c. Nucor Corporation increased the regular quarterly cash dividend on its common stock to 36.75c, payable on February 11, 2013, to stockholders of record on December 31, 2012. This note corrects an earlier one that said Nucor increased its dividend by 36.75c.
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Lincoln Electric Holdings Inc. (NASDAQ:LECO): Lincoln Electric raises quarterly dividend to 20c from 17c, moves up payment. Lincoln Electric said its board approved a 17.6% increase in the quarterly cash dividend, from 17c per share to 20c per share, or 80c per share on an annualized basis. Lincoln Electric said that given the uncertainty of tax increases on dividends in 2013, its board also authorized moving the December dividend payment date up from January 2013 and declared a quarterly dividend of 20c per share, payable December 28, to holders of record as of December 17.
The Valspar Corporation (NYSE:VAL): Valspar increases dividend 15% to 23c per share, authorizes 15M share repurchase. The Valspar Corporation announced its board has declared a quarterly dividend of 23c per share, payable December 28 to all common stockholders of record on December 17. This dividend payment accelerates the corporation’s regular quarterly dividend, which is normally paid in January. The payment represents a 15% increase over last quarter’s payment. The board has also authorized the repurchase of 15M shares of outstanding common stock. This authorization is effective immediately, replaces the previous repurchase authorization of October 2010, and has no expiration date.
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