Dividend stocks to watch: U.S. nonfarm payrolls increased by 114,000 in September, and the unemployment rate fell to 7.8%, the results were better than expected. But the market was worried about that the positive employment data will likely reduce the possibility of more quantitative easing by the Fed. U.S. stocks indexes were mixed on Friday.The Dow rose 0.26%, the Nasdaq Composite fell 0.42% and the Standard & Poor’s 500 index lost 0.03%. A group of companies announced quarterly dividends on Friday, have a look at these dividend stocks to find potential buying opportunities.
Ryder System, Inc. (R) is a provider of transportation and supply chain management solutions. The board of directors of the company has approved a regular quarterly cash dividend of $0.31 per share payable on December 21, 2012, to shareholders of record on November 19, 2012. This is the dividend stock’s 145th consecutive quarterly cash dividend. Ryder System has been paying dividends since 1976. After the dividend announcement, share price of Ryder System climbed 1.11% to end at $42.02. Based on the latest R closing price, the company has a dividend yield of 2.95%.
WD-40 Company (WDFC) is a global consumer products company dedicated to delivering solutions for a range of maintenance needs of doer and on-the-job users. The company announced a regular quarterly dividend of $.29 per share, payable on October 31, 2012 to stockholders of record on October 18, 2012. WDFC stock price climbed 0.51% to $53.47 on Friday. On the basis of the latest WDFC stock closing price, the company pas out at an annualized dividend yield of 2.17%.
McGrath RentCorp (MGRC) is a business to business rental company n equipment rentals, sales of equipment. The company’s board of the directors declared a quarterly cash dividend of $0.235 per share for the quarter ended September 30, 2012, which will be made on October 31, 2012 to shareholders of record on October 17, 2012. McGrath RentCorp has begun to pay dividens since 1990. MGRC stock price edged down 0.27% to $26.20 on Friday. The dividend yield of the company is 2.59%, calculated by the latest MGRC stock price.
Costamare Inc (CMRE), an owner and provider of containerships for charter, plans to distribute a quarterly dividend of $0.27 per share for the quarter ended September 30, 2012. The quarterly dividend will be payable on November 6, 2012 to stockholders of record on October 22, 2012. Following the announcement, CMRE shares traded down 2.19% to $15.60 on Friday. Based on the latest CMRE stock price, the company yields at 6.92% annually.
Teekay Corporation (TK) is a provider of international crude oil and gas marine transportation services and offshore oil production, storage and offloading services. The company will pay a dividend of $0.32 per share on October 26, 2012 to shareholders of record on October 17, 2012. TK stock traded up 0.77%, to finish at $32.64. The company pays dividends at a yield of 3.88% on the basis of the latest TK stock price.
The Female Health Company (FHCO), among the dividend stocks, is a manufacturer and marketer of the FC2 female condom. The Company declared a quarterly cash dividend of $0.06 per share payable on November 7, 2012 to stockholders of record as of October 31, 2012. The Female Health Company started to pay dividends in January 2010. FHCO stock price was up 0.51% to $7.92 on Friday. Calculating by the latest FHCO stock price, the company has a dividend yield of 3.303%.