United-Guardian Inc. (NASDAQ:UG): United-Guardian raises semi-annual dividend to 44c from 42cper share. The dividend will be paid on December 21 to all stockholders of record as of the close of business on December 14.
Sotheby’s (NYSE:BID): Sotheby’s raises quarterly dividend, accelerates payments of dividends. The Board of Directors of Sotheby’s has declared an accelerated 1Q13 and 2Q13 cash dividend totaling 20c per share of outstanding common stock. This 10c per share per quarter dividend reflects a 25% increase from the previous quarterly dividend of 8c per share. This accelerated dividend is intended by the Board to be in lieu of quarterly dividends Sotheby’s would have otherwise announced in 1Q13 and 2Q13, and that would have been paid in calendar year 2013. This accelerated dividend will be payable on, or before, December 31 to holders of record as of December 26.
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Wisconsin Energy Corp. (NYSE:WEC): Wisconsin Energy raises quarterly dividend 4c. The board of Wisconsin Energy Corporation announced that it is planning to raise the quarterly dividend to 34c a share on the company’s common stock in 1Q13. This would represent an increase of 4c a share over the current quarterly rate. The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend – which would be equivalent to an annual rate of $1.36 a share – is expected to be payable March 1, 2013, to stockholders of record on Feb. 14, 2013. “We’re continuing to target a dividend payout ratio of 60% of earnings in 2014 as we strive to make our dividend policy more competitive with our peers across the utility industry,” said Gale Klappa, chairman, president and CEO. “The board’s plan for 2013 would mark a significant step toward that goal.”
Eastman Chemical Co. (NYSE:EMN): Eastman Chemical raises quarterly dividend 15% to 30c. The board of Eastman Chemical Company has increased the quarterly cash dividend by 15% to 30c per share on the company’s common stock. The dividend is payable December 31 to stockholders of record as of December 17.
Douglas Emmett Inc (NYSE:DEI): Douglas Emmett raises quarterly dividend to 18c per share from 15c per share. Douglas announced that its board has approved a 20% increase in its quarterly cash dividend to 18c per common share, or 72c on an annualized basis. The dividend will be paid on January 15, 2013 to shareholders of record as of December 31.
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