3 Ways to Generate Dividend Income
ConAgra Foods Inc. (NYSE: CAG) last Friday announced that its board of directors approved an increase in the company’s quarterly dividend. The company raised its quarterly dividend from $0.23 per share to $0.24 per share. The dividend will be payable on December 1, 2011.
ConAgra currently has a high dividend yield of 4.06%. The company’s shares have a 52-week range of $21.02-$26.60.
Aetna Inc. (NYSE: AET), a health care benefits company, last Friday announced that its board of directors authorized a quarterly cash dividend of $0.15 per share. The dividend will be payable on October 28, 2011. Aetna currently has a dividend yield of 1.55%. The company’s shares have a 52-week range of $29.54-$46.01.
Aetna’s Board also approved repurchase of an additional $750 million of the company’s common stock from time to time.
Jarden Corp. (NYSE: JAH), a consumer products company with worldwide presence, last Friday announced that its board of directors approved a regular quarterly cash dividend of $0.08625 per share. The dividend will be payable on October 31, 2011.
Jarden currently has a dividend yield of 1.19%. The company’s shares have a 52-week range of $25.60-$37.50.
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