Walgreens today announced their biggest dividend increase ever and also authorized a $2 billion stock buyback program.
Dividend investors received good news today as Standard & Poors released a report showing that dividend payments improved again in the second quarter.
This mega stock repurchase program represents about 8% of Walmart’s current market cap of $188.8 billion.
Newmont Mining announced at their annual Investors Day conference that the company will be changing their dividend policy in order to link future payments directly to gold prices.
In the first quarter of 2011, 117 stocks in the S&P 500 index either initiated a dividend or increased their dividend. That’s up 50% from last year.
BNY Mellon announced today that the company will give their investors a 44% dividend increase to $.13 per share.
BB&T announced on Friday that the bank stock is increasing their quarterly dividend by 7% to $.16 per share.
The dividend increase is the result of a special dividend $.07 per share that Wells Fargo will pay in the first quarter.
The dividend increase has been a long time in coming, but will lift the current dividend yield on JPM stock to 2.2%.
Williams-Sonoma announced today that the company is increasing their quarterly dividend by 13% to $.17 per share.
Jim Cramer is urging investors to sell pharmaceutical stocks calling the sector “just one expensive graveyard.”
Here are 5 dividend stocks that investors are watching in 2011.
Annual dividend increases may be fine for regular dividend stocks, but these premier dividend stocks are rewarding investors with multiple dividend increases this year.
Equifax is quadrupling their quarterly dividend and raising their dividend payout target to 25 – 35% of adjusted net income.
The Federal Reserve may soon allow some of the top bank stocks to raise their dividends.
Defense contractor Lockheed Martin announced today that they are increasing their quarterly dividend by 19 percent to $.75 per share.
Covidien announced today that the company will increase their quarterly dividend by 11 percent to $.20 per share.
This marks the 28th consecutive year that the insurer has increased their dividend.
Following the dividend increase, CMS shares will now yield an impressive 5.2% based on yesterday’s closing price.
According to the company, this is the longest record of consecutive annual dividend increases within the REIT sector.
Dover is the second dividend aristocrat stock to increase their dividend this week.
Yamana Gold is joining the list of gold stocks that have raised their dividends in the last two weeks.
It’s hard to ignore the fact that higher gold prices are leading to bigger dividends and investors need to at least consider gold stocks for their portfolio.
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.
While gold stocks typically don’t offer great dividend yields, income investors should take another look at these stocks given the positive outlook for gold prices.
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.
News of the dividend increase came as ConocoPhillips unveiled plans to increase shareholder value at their annual analyst meeting in New York.
We likely will not see any dividend increases from financial stocks until at least the second half of this year and probably not until 2011.