Cypress Semiconductor announced today that the company will initiate a quarterly dividend of $.09 per share beginning in July.
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.
Owens & Minor announced today that the company is increasing their quarterly dividend by 13% to $.20 per share.
CEO Brian Moynihan commented yesterday that Bank of America would raise their dividend as soon as they pass the Federal Reserve stress test.
More important than the dividend increase was Siemens acknowledgement of a clear dividend policy for the first time in the company’s history.
Baxter International announced today that the company is increasing their quarterly dividend by 7% to $.31 per share.
Equifax is quadrupling their quarterly dividend and raising their dividend payout target to 25 – 35% of adjusted net income.
Investor expectations for a dividend increase from Microsoft have been increasing in recent weeks.
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 fundamentally BP can continue to service their annual $10.4 billion dividend payment, politically it may become impossible to maintain.