Updating Our Income Stocks Quaker Chemical Corp., Conagra Inc., Buckeye Partners L.P. and Windstream Corp.

Article Excerpt

QUAKER CHEMICAL CORP. $22 (New York symbol KWR) reported record third-quarter sales of $140.7 million, up 20.9% from $116.4 million a year earlier. A $3.3 million pre-tax charge to settle an environmental lawsuit limited Quaker’s earnings to $3.16 million, up slightly from $3.14 million. Per-share earnings fell to $0.31 from $0.32 on more shares outstanding. Best Buy. CONAGRA INC. $25 (New York symbol CAG) has faced recalls lately of contaminated peanut butter and pot pies. However, these are short-term problems and should have little impact on the company’s long-term profitability. The company has raised its dividend by 5.6%. The new annual rate of $0.76 a share yields 3.0%. Buy. BUCKEYE PARTNERS L.P. $50 (New York symbol BPL) continues to increase its quarterly distributions. The new annual rate of $3.30 yields 6.6%. Buy. WINDSTREAM CORP. $13 (New York symbol WIN) continues to lose local telephone customers. But revenue is rising thanks to strong demand for high-speed Internet and TV services. Just 26% of its…