Filtration systems specialist Donaldson� (NYSE: DCI ) �announced yesterday�its second-quarter dividend of $0.13 per share, a�30% increase from the $0.10 per share payout it made last quarter.
The board of directors said the quarterly dividend is payable on June 21 to the holders of record at the close of business on June 7.�It marks Donaldson's 231st�consecutive quarterly cash dividend paid over 57 years, and is the 27th consecutive year it has raised the payout.
Donaldson CEO Bill Cook�said, "Our updated dividend payout policy, combined with our long-standing practice of repurchasing an average of 2 percent of our outstanding shares each year, firmly demonstrates our commitment of returning a high percentage of our earnings to our Shareholders while continuing to grow our Company's sales and earnings."
Top Industrial Disributor Stocks To Own Right Now: Interm.cap(ICP.L)
Intermediate Capital Group PLC is a private equity firm specializing in mezzanine financing and mid-market investments in growth capital, restructuring, acquisitions, public to private transactions with or without private equity backing, management buyouts and management buyins, development capital, public quoted company finance, off-balance-sheet finance, refinancings and recapitalizations, and pre-IPO financing. The firm does not invest in property companies or start-ups. It seeks to invest in companies whose principal place of business is the European Union, Bulgaria, Romania, North America, and the Asia Pacific, including Hong Kong, South Korea, Singapore, Taiwan, Japan, Australia, and New Zealand. The firm provides mezzanine financing in the range between ?15 million ($21.43 million) and ?500 million ($714.18 million) to firms with an enterprise values between ?250 million ($338.48 million) and ?1 billion ($1353.94 million). The firm seeks to acquire minority stak es. It generally structures its financing in the form of subordinated loan with equity warrants, as preference shares, convertible loan, leveraged loans, mezzanine loans, and CDOs. The firm provides loans for a maturity period between seven years and ten years with repayments to be made in one payment at final maturity. Its mezzanine investments are usually structured to provide a cash yield between three percent and four percent over the relevant interbank rate, plus an additional return to reflect the risk involved. The firm seeks to invest in debt. The firm is also a manager of third party mezzanine, CDO, and Institutional Client Funds. Intermediate Capital Group PLC was founded in 1989 and is based in London with additional offices across Europe, North America, and Asia.
Top Industrial Disributor Stocks To Own Right Now: Data#3 Ltd (DTL.AX)
Data#3 Limited, together with its subsidiaries, provides information and communication technology (ICT) solutions company in Australia and the Asia Pacific. The company provides software licensing, software asset management, and workforce productivity solutions to optimize and manage the acquisition and use of software licensed in volume from global manufacturers; integrated solutions to design and deploy hardware and software infrastructure for the desktop, network, and data centre; and product solutions for procuring, configuring, rolling-out, and disposing of technology cost effectively. It also offers managed services to provide outsourced solutions for infrastructure operations, support, and maintenance; and people solutions to provide contract and permanent recruitment and human capital performance management. The company�s services include strategic consulting, software licensing, asset management, business productivity, SaaS, security, hardware procurement and lif ecycle management, mobility, recruitment and HR, managed operations and support, maintenance, IaaS, end-user support, datacenter, virtualization, systems management, network integration, disaster recovery, collaboration, end-user computing, and enterprise productivity applications. The company serves a range of industries, including banking and finance, mining, tourism and leisure, legal, healthcare, manufacturing, distribution, government, and utilities sectors. Data#3 Limited was founded in 1977 and is headquartered in Toowong, Australia.
5 Best Heal Care Stocks To Own For 2014: NuFarm Ltd(NUF.AX)
Nufarm Limited, together with its subsidiaries, operates as a crop protection company worldwide. The company engages in the manufacture and supply of agricultural chemicals, including turf and ornamental, glyphosate, insecticide, fungicide, and non-glyphosate herbicides. It also operates a seeds business focusing on canola, sorghum, and sunflower seeds, as well as offers seed treatment products. The company supplies its products to farmers to protect crops from damage caused by weeds, pests, and diseases. Nufarm Limited sells its products in 100 countries. The company is headquartered in Laverton, Australia.
Top Industrial Disributor Stocks To Own Right Now: Daily Journal Corp.(S.C.)
Daily Journal Corporation publishes newspapers and Web sites in California, Arizona and Colorado. It publishes 11 newspapers that include Los Angeles Daily Journal, Daily Commerce, San Francisco Daily Journal, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Sonoma County Herald-Recorder, Orange County Reporter, San Diego Commerce, Business Journal, and The Record Reporter. The company also offers California Lawyer magazine; produces various specialized information services; and serves as a newspaper representative specializing in public notice advertising. In addition, Daily Journal Corporation, through its subsidiary, Sustain Technologies, Inc., supplies case management software systems and related products to courts and other justice agencies, including administrative law organizations to help users manage electronic case files from inception to disposition, which include various aspects of calendaring and accounting, report and notice generation, the i mplementation of standards and business rules, and other corollary functions. The company was founded in 1986 and is based in Los Angeles, California.
Top Industrial Disributor Stocks To Own Right Now: Paid, Inc.(PAYD)
Paid, Inc. focuses on providing brand-related services to businesses and celebrity clients in the entertainment, sports, and collectible industries. The company?s brand management, brand marketing, social media marketing, product design and merchandising, and authentication services, as well as Website design, development, and hosting services help its clients in growing their customer base in size, loyalty, and revenue generation. It offers entertainers, celebrity athletes, and business entities Web-presence and related services supporting and managing clients? official Websites and fan-community services, including e-commerce, VIP ticketing, live event fan experiences, user-generated content, client content publishing and distribution, fan forums, social network management, and social media marketing, as well as customer data capture, management, and analysis. Its brand support services also comprise design and production of print, audio, and video promotion marketing ma terials for client branded products and events. In addition, Paid, through official fan Website stores and other Web-based outlets, and on-tour and retail outlets, sells merchandise for celebrities. Further, the company, through AuctionInc, offers a suite of online shipping management tools, which assist businesses with e-commerce storefronts, shipping solutions, inventory management, and auction processing. Paid, Inc. was founded in 1986 and is based in Worcester, Massachusetts.Advisors' Opinion:
- [By Fitz Gerald]
Paid Inc. (OTC: PAYD)PAID is a one-stop brand management and marketing resource to music, entertainment and sports personalities and organizations, and offers AuctionInc online shipping calculation and shopping cart software employing its patented technology to streamline ecommerce. (OTC:PAYD), (PAYD)