Dividend Changes to Know Now: Linear Technology, Universal Health Realty Income Trust, Prospect Capital, JB Hunt, Graco

Linear Technology Corp. (NASDAQ:LLTC): Linear Technology raises quarterly dividend to 26c from 25c per share. The board of Linear Technology Corporation approved an increase in the company’s quarterly dividend from 25c per share to 26c per share. In addition, the board approved accelerating the payment of the current quarter’s dividend into December from February. Consequently, this quarter’s dividend will be paid on December 28 to stockholders of record on December 17.

Universal Health Realty Income Trust (NYSE:UHT): Universal Health Realty announces quarterly dividend increase to 62c. The dividend is payable on December 31 to shareholders of record as of December 17.

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Prospect Capital Corporation (NASDAQ:PSEC): Prospect Capital raises monthly dividends 8.2%, raising dividend yield to 12.2%. Prospect Capital announced that Prospect has declared revised monthly cash distributions to shareholders in the following amounts and with the following record and payment dates, representing an 8.2% increase from the previous announcement in early November and representing a dividend yield of 12.8% based on the closing stock price as of December 6: 11c per share for December 31 and payment date of January 23, 2013; and 11.0025c per share for January 31, 2013 and payment date of February 20, 2013. These dividends mark Prospect’s 53rd and 54th consecutive cash distributions to shareholders and replace the dividends for December 2012 and January 2013 that were previously announced on November 7. Because of its 2012 record date, Prospect’s 11c per share December 2012 dividend should enjoy current 2012 tax rates for shareholders and should not be subject to higher 2013 tax rates envisioned by currently passed U.S. legislation.

JB Hunt Transport Services Inc. (NASDAQ:JBHT): J.B. Hunt increases, accelerates quarterly dividend. J.B. Hunt Transport Services announced that its Board of Directors approved an increase and a pull forward of its regular quarterly dividend typically paid in February of each calendar year. The Board declared stockholders of record on December 17 will be entitled to 15c per common share. The dividend will be paid on December 28. The Board does not expect to declare or pay a quarterly dividend in 1Q13 and will resume its normal policy of quarterly dividend analysis at its regularly scheduled Board of Directors meeting on April 25, 2013.

Graco Inc. (NYSE:GGG): Graco raises quarterly dividend 11.1% to 25c per share. The dividend is payable on February 6, 2013, to shareholders of record at the close of business on January 22, 2013.

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