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.
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.
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.
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.
Frontline announced first quarter earnings results that exceeded Wall Street's expectations and maintained their current high dividend.
Family Dollar Stores announced yesterday that their Board of Directors has approved a quarterly dividend payment of $.135 per share.