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.
Mastercard announced today that their Board of Directors has approved a quarterly dividend payment of $.15 per share.
High yielding Dow component Verizon Communiciations announced yesterday that they are maintaining their quarterly dividend of $.46 per share.
Lowe’s announced today that their Board of Directors has increased their quarterly dividend by 6% to $.09 per share.
The Home Depot announced today that their Board of Directors has approved a cash dividend for the 89th consecutive quarter.
Pharmaceutical giant Merck & Co. announced today that they are maintaining their quarterly dividend payment of $.38 per share.
Frontline announced first quarter earnings results that exceeded Wall Street's expectations and maintained their current high dividend.
McDonald’s announced today that their Board of Directors has approved a quarterly dividend of $.50 per share.
Retailer J.C. Penney’s announced that their Board of Directors has approved a quarterly dividend of $.20 per share.
BB&T announced yesterday that they are reducing their quarterly dividend by 68% to $.15 per share.