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I'm not sure why this is needed, but Nicholas Financial (NICK) has just announced a 10% stock dividend which will be paid on December 7 for shareholders of record of November 20. Think of it as an 11-for-10 stock split.

In other Buy List dividend news, Baxter International (BAX) has raised its quarterly dividend to 29 cents a share from 26 cents. Don't brush off these regular dividend increases, it's often a sign of a strong company.

Posted by edelfenbein at November 10, 2009 1:42 PM