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.
Eli Lilly’s board of directors have approved a quarterly dividend of $.49 per share.
Walgreens announced today that they are paying a quarterly dividend for the 306th consecutive quarter.
United Technologies announced today that they are maintaining their quarterly dividend at $.385 per share.
- March 18, 2009
- Dividend News
Sony announced today that they are reducing their dividend by 15%.
Capital One is cutting its quarterly dividend by 87% to save the company $500 million.
Wells Fargo makes the difficult, but necessary decision to reduce their quarterly dividend by 85% to $.05 per share.
Home Depot announced a quarter dividend of $.225 per share and appears well positioned to maintain their dividend in 2009.
Gannett Co. is slashing their quarterly dividend by 90%. The new dividend payment will be $.04 per share, down from $.40 per share. The dividend will be payable on April 1, 2009 to shareholders of record as of March 6, 2009.
BB&T Corp announced they are increasing their quarterly dividend payment from $.46 per share to $.47 per share. The dividend will be payable on May 1, 2009 to shareholders of record as of April 10, 2009.