Dividend News
Diamond Offshore Drilling announced today that the company will cut their quarterly dividend by 45% due to uncertainty on the drilling moratorium in the Gulf of Mexico.
The surprise dividend increase comes as Starbucks posted fiscal third quarter earnings growth of 37% and boosted their guidance.
The dividend increase comes as ETN delivered second quarter earnings results that were $.19 above Wall Street’s consensus estimates.
Airgas announced today that the company is increasing their quarterly dividend by 14% to $.25 per share.
The chipmaker can certainly afford to increase their dividend. Altera finished the second quarter with $2.1 billion in cash and virtually no debt on their balance sheet.
Solera Holdings announced today that the company will increase their quarterly dividend by 20% to $.30 per share.
This marks the 43rd consecutive year that the dividend aristocrat has increased their dividend.
PPG Industries announced today that the company will increase their quarterly dividend by 2% to $.55 per share.
Walgreens has now raised their dividend for 35 consecutive years and has been paying a dividend for more than 77 years.
National Semiconductor announced today that the company will increase their quarterly dividend by 25% to $.10 per share.
KLA-Tencor announced that the company will increase their quarterly dividend by 67% to $.25 per share.
At the midpoint of this year it seems a good opportunity to review the biggest dividend stories of 2010.
CEO Jamie Dimon said yesterday that investors will likely see no dividend increase coming from JP Morgan in 2010.
General Mills joins the ranks of blue chip stocks that are increasing their dividends in 2010.
The dividend increase was driven by Medtronic’s strong cash flows and part of their effort to return cash to their shareholders.
The penny increase in the dividend payment will lift BBY’s current yield to 1.6% based on yesterday’s closing price.
Darden shares have gained 19% since the beginning of the year, but cautious consumers may hold back further gains in the near term.
Although the dividend increase is marginal, it will lift Duke Energy’s yield to 6.1% based on today’s closing price.
Lincare Holdings announced today that they will initiate a quarterly dividend program.
PetSmart announced today that they will increase their quarterly dividend by 25% to $.125 per share.
Here is a look at the 10 stocks initiating dividends in 2010.
The auto insurer is on the verge of paying out the largest dividend payout in the company’s history.
As expected, BP announced today that the company will officially suspend their quarterly dividend in the wake of the Gulf oil spill disaster.
It has been widely speculated that BP would be forced to suspend their dividend program given the political pressure they are facing to do so.
Del Monte Foods is aggressively working to increase shareholder value and will nearly double their quarterly dividend this year.
Retailer American Eagle Outfitters is increasing their quarterly dividend by 10%.
BP shares plunged nearly 16% today as investors dumped the stock since a dividend cut appears imminent.
Caterpillar Inc. announced today that the company will increase their quarterly dividend by 5% to $.44 per share.
Target announced today that the retailer is increasing its quarterly dividend by 47% to $.25 per share.
Income investors are sure to take notice of Viacom now that the stock offers a higher dividend yield than other consumer media stocks like Disney or News Corp.
Goldman Sachs analyst, Michelle della Vigna, believes that the increasing cost of damages and reduced earnings outlook will impact BP’s dividend.
FedEx announced today that they are increasing their quarterly dividend by 12% to $.12 per share.
In an indication that the global economy is improving, Sasol Ltd. announced today that they are resuming their dividend growth policy.
Bank of America CEO Brian Moynihan was recently asked at a Sanford Bernstein analyst conference how large of a dividend increase should investors expect.
This marks the 7th consecutive year that Northrop Grumman has increased their dividend payment.
The impressive dividend hike shows that Dr. Pepper Snapple is getting serious about dividends.
The dividend increase marks the 33rd consecutive year that Clorox has increased their annual dividend payout – dating back to 1977.
Nordstrom, Inc announced yesterday that the company will increase their dividend by 25%.
Sonoco announced today that their Board of Directors approved a 4% increase in their quarterly dividend.
Freeport-McMoRan Copper & Gold announced today that the company will double their dividend from $.60 per share to $1.20 per share.
High-end retailer Coach seems to be getting serious about dividends.
Chief Executive Officer Jamie Dimon announced today in his annual letter to shareholders that JPM may raise its annual dividend to $.75 - $1.00 if certain conditions are met.
The positive dividend announcement follows yesterday’s announcement that Brinker will be selling their On The Border restaurants for an undisclosed amount.
- March 26, 2010
- Dividend News
News of the dividend increase came as ConocoPhillips unveiled plans to increase shareholder value at their annual analyst meeting in New York.
Starbucks joins the ranks of dividend stocks after announcing this morning that the company will initiate a quarterly cash dividend of $.10 per share.
The dividend hike comes as Williams Sonoma released fourth quarter results that handily beat Wall Street’s consensus expectations.
Kraft Food’s current dividend yield now stands at 3.9% and ranks 6th among the Dow Jones stock components.
Pepsi increased their dividend by 7%, but their dividend yield is still below Coca Cola's 3.3% yield.
Despite their tremendous cash flow, the world’s largest retailer remains one of the lower yielding dividend stocks in the Dow Jones index.
With over $12 billion in cash on their balance sheet, income investors should be excited to see the company focusing on returning some of that cash to its shareholders.
Lost in the myriad of stories hitting the markets last week were several key dividend announcements.
Just days ago we profiled CKE Restaurants as one of our Top 5 Restaurant Dividend Stocks.
Here are five big dividend announcements that income investors should take notice of.
Dividend stock investors should be optimistic about several announcements this week of companies restoring or increasing their dividend payments.
AT&T announced that its Board of Directors has approved a 2.4% increase in their quarterly dividend to $.42 per share.
Altria Group announced Thursday that its Board of Directors has approved a 6% increase in their quarterly dividend to $.34 per share.
Kimberly Clark announced today that its Board of Directors has approved a quarterly dividend of $.60 per share.
Honeywell announced today that its Board of Directors has approved a quarterly dividend of $.3025 per share.
The credit card company has now paid dividends every quarter since it went public in 1995.
Valero Energy announced yesterday that its Board of Directors has approved a quarterly dividend of $.15 per share.
Union Pacific announced yesterday that its Board of Directors has approved a quarterly dividend of $.27 per share.
IBM announced yesterday that its Board of Directors has approved a quarterly dividend payment of $.55 per share.
Merck’s current dividend yield now stands at 5.1% making it the fourth highest yielding Dow stock.
DuPont announced today that its Board of Directors has approved a quarterly dividend of $.41 per share.
Chevron announced today that its Board of Directors has agreed to increase their quarterly dividend by 5% to $.68 per share.
Kellogg Company announced on Friday that its Board of Directors has increased their quarterly dividend by 10% to $.375.
Alcoa announced Friday that the company’s Board of Directors has approved a quarterly dividend of $.03 per share.
Visa announced today that its Board of Directors has declared a quarterly dividend of $.105 per share.
Retailer Target announced today that its Board of Directors has approved a 6% increase in their quarterly dividend to $.17 per share.
Clorox Corporation announced today that its Board of Directors has approved a 9% increase in their quarterly dividend to $.50 per share.
Dow component Microsoft announced late yesterday that its Board of Directors has approved a quarterly dividend of $.13 per share.
Global pharmaceutical company Bristol-Myers Squibb announced late yesterday that its Board of Directors has approved a quarterly dividend of $.31 per share.
Dow component United Technologies announced late yesterday that its Board of Directors has approved a quarterly cash dividend of $.385 per share.
Financial media company The Street announced late yesterday that its Board of Directors has approved a quarterly cash dividend of $.025 per share.
Equipment maker Caterpillar announced today that its Board of Directors has approved a quarterly cash dividend of $.42 per share.
Tobacco manufacturer Philip Morris announced today that its Board of Directors has approved a quarterly dividend of $0.54 per share.
Applied Materials announced yesterday that its Board of Directors has approved a quarterly cash dividend of $0.06 per share.
Office supplies retailer Staples announced today that their Board of Directors has approved a quarterly dividend payment of $.0825 per share.
Monsanto announced today that their Board of Directors has approved a quarterly dividend payment of $.265 per share.
Mastercard announced today that their Board of Directors has approved a quarterly dividend payment of $.15 per share.
High yielding Dow component Verizon Communiciations announced yesterday that they are maintaining their quarterly dividend of $.46 per share.
Restaurant operator Brinker International announced today that their Board of Directors has approved a quarterly dividend of $.11 per share.
- May 29, 2009
- Dividend News
Yum! Brands announced today that their Board of Directors is maintaining their quarterly dividend of $.19 per share.
Lowe’s announced today that their Board of Directors has increased their quarterly dividend by 6% to $.09 per share.
The Home Depot announced today that their Board of Directors has approved a cash dividend for the 89th consecutive quarter.
Burger King announced today that its Board of Directors has approved a quarterly dividend of $.0625 per share.
Pharmaceutical giant Merck & Co. announced today that they are maintaining their quarterly dividend payment of $.38 per share.
Frontline announced first quarter earnings results that exceeded Wall Street's expectations and maintained their current high dividend.
McDonald’s announced today that their Board of Directors has approved a quarterly dividend of $.50 per share.
Retailer J.C. Penney’s announced that their Board of Directors has approved a quarterly dividend of $.20 per share.
BB&T announced yesterday that they are reducing their quarterly dividend by 68% to $.15 per share.
Tidewater announced today that will maintain their quarterly dividend payment of $.25 per share.
The Board of Directors of Pepsi has approved a 6% increase in the company’s quarterly dividend to $.45 per share.
Black & Decker announced today that they are cutting their quarterly dividend by 71% to $.12 per share.
Eastman Kodak announced today that the company is suspending their quarterly dividend.
Costco announced today that they are increasing their quarterly dividend by over 12% to $.18 per share.
IBM announced today that they are increasing their quarterly dividend for the 14th consecutive year.
Sotheby’s announced today that they are cutting their quarterly dividend by 67% to $.05 per share.
Fortune Brands announced today that the company is reducing their quarterly dividend by 57% to $.19 per share.
U.S. Steel announced yesterday that they are reducing their quarterly dividend by 83% to $.05 per share.