financial stocks

April 10, 2011

PNC Financial Moves to Restore Dividend

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.

April 1, 2011

Dividends Surge in the First Quarter

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.

March 1, 2011

Nobody Wants To Buy Pep Boys

Pep Boys has been trying to find a buyer, but unfortunately nobody wants to buy Pep Boys.

December 8, 2010

Bank of America Hoping to Raise Dividend Early In 2011

CEO Brian Moynihan commented yesterday that Bank of America would raise their dividend as soon as they pass the Federal Reserve stress test.