EdgeWater 10/26/2010 11:08:44 PM
News / Business

Stocks Announcing Dividends (IBM, WBS, AKS)

Stocks Announcing Dividends

International Business Machines Corp. (NYSE:IBM) went up 0.56% to $140.62. The IBM board of directors today declared a regular quarterly cash dividend of $0.65 per common share, payable December 10, 2010 to stockholders of record November 10, 2010.

With the payment of the December 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.  

The stock opened at $139.29 and is trading within the range of $138.53-$142.

Webster Financial Corporation (NYSE:WBS) went up 0.06% to $17.08. The company today announced consolidated net income of $22.7 million for the quarter ended September 30, 2010. Net income available to common shareholders after $4.9 million of preferred dividends was $17.8 million, or $.22 per diluted share, for the quarter ended September 30, 2010.

Over the past 52-week, the stock traded within the range of $10.64-$22.68. The stock went up more than 42% year-to-date.

AK Steel Holding Corporation (NYSE:AKS) is trading at $12.82 and decreased 4.11% from the previous day’s close. The company announced that its board of directors has declared a quarterly cash dividend of $0.05 per share of common stock, payable on December 10, 2010 to shareholders of record on November 12, 2010.  

Over the past 52-week, the stock had traded within the range of $11.34-$26.75. At current market price, the market capitalization of the company is $1.41 billion.

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