C. R. Bard
The patient care device company is scheduled to report second-quarter earnings on Wednesday. On average, analysts expect earnings of $1.64 a share on revenue of $754.67 million.
"$500mn buyback and dividend increase speaks to company's confidence," Jefferies analysts wrote in a June 14 report. "Bard has already begun finding ways to deploy the substantial sum of excess capital it expects to receive in the case. The company announced a 5% increase in its dividend as well as a $500mm share repurchase authorization just yesterday. The company has commented that half of any windfall will be used for longer term strategic initiatives and half for immediate earnings appreciation."
Forward Annual Dividend Yield: 0.7%
The food products company is slated to report third-quarter earnings on Aug. 23. Analysts, on average, anticipate earnings of 41 cents a share on revenue of $2.01 billion.