This year’s dividend hike is less than half the 25 percent dividend increase from PetSmart in 2010. However, the retailer did announce a new $450 million stock buyback program.
Humana announced today that the company will initiate a quarterly dividend program in July.
The Travelers Companies announced today that the company will increase their quarterly dividend by 14% to $.41 per share.
This announcement of a 250% dividend increase by PNC is a step in the right direction towards restoring their dividend that once paid out $.66 per share every quarter.
BNY Mellon announced today that the company will give their investors a 44% dividend increase to $.13 per share.
The dividend increase has been a long time in coming, but will lift the current dividend yield on JPM stock to 2.2%.
The big dividend increase from HP was completely unexpected since the tech company had not raised their dividend since 1998.
Health insurance stocks are starting to feel more confident about their cash flows and are finally paying reasonable dividends to their shareholders.
Shares in Family Dollar Stores spiked over 21% today on news that Trian Capital wants to take the discount retailer private.
Broadcom announced today that the company is increasing their quarterly dividend by 13% to $.09 per share.
The dividend increase comes as Scholastic reported disappointing second quarter results and provided a weak outlook for 2011.
AXIS Capital Holdings Limited announced today that the company is increasing their quarterly dividend by 10% to $.23 per share.
Edison International announced today that the company is increasing their quarterly dividend by 1.6% to $.32 per share.
Lincoln National currently only pays out $.01 per share every quarter, so even with the dividend increase LNC shares will only yield 0.2%.
Dividend investors should take hope that Bank of America could raise their dividend next year.
This marks the 49th consecutive year that Cincinnati Financial has hiked their dividend.
General Electric announced today that the conglomerate will finally increase their quarterly dividend by 20% to $.12 per share.
Increased dividend tax rates could provide investors yet another incentive to sell stocks.
News of the dividend increase came as ConocoPhillips unveiled plans to increase shareholder value at their annual analyst meeting in New York.