January 4, 2012

Flooring and ceiling products manufacturer Armstrong World Industries announced this morning the completion of a refinancing and a special dividend payment  by WAVE, its 50% joint venture with Worthington Industries.

Under the deal, WAVE executed a $225 million three-year revolving credit agreement and a $50 million ten-year private placement bond. Proceeds of the transaction were used to repay WAVE's previous credit agreement, as well as to pay $50 million special dividends to each of WAVE's parent companies, Armstrong and Worthington.

December 14, 2011

San Diego-based WD-40 Co. declared a 7% increase of its regular quarterly dividend to $.29 per share, payable Jan. 31, 2012.

The announcement came its annual meeting Dec. 13. The board of directors also authorized an open-ended buyback of shared up to $50.0 million over the next two years. IN addition to WD-40, the company's brands include 3-in-one, Blue Works, X-14, Carpet Fresh and Spot Shot.

September 11, 2011

Masco Corp. announced that its board of directors declared a quarterly dividend of $.075 per common share, payable on Nov. 7, 2011, to shareholders of record on Oct. 7, 2011.

Headquartered in Taylor, Michigan, Masco Corp. is a leading manufacturer of home improvement and building products -- including Arrow, Delta, Behr and KraftMaid -- as well as a leading provider of services that include the installation of insulation and other building products.

August 23, 2011

Lowe’s board of directors has authorized the repurchase of up to $5 billion of the company's common stock, along with a quarterly cash dividend of cents ($0.14) per share, payable Nov. 2, 2011, to shareholders of record as of Oct. 19, 2011.

June 2, 2011

As The Home Depot holds its annual shareholders meeting today, it announced its 97th consecutive cash dividend.

The company announced that its board of directors declared a first-quarter cash dividend of 25 cents per share. The dividend is payable on June 30 to shareholders of record on the close of business on June 16. The dividend -- the same amount it paid last quarter -- marks the 97th consecutive quarter Home Depot has paid a cash dividend.

The company's shareholders meeting takes place today at the Cobb Galleria Centre in Atlanta.

August 3, 2008

LP is not alone in its decision -- other major companies have suspended dividend payments...

December 18, 2007

Shareholders received “excess dividend payouts,” says CEO Ray Griffith, and the co-op must recoup those...