Dividend investors will be interested to know that RBC is forecasting a significant dividend increase by the second quarter of 2011.
JP Morgan Chase has indicated that the bank will eventually increase their dividend payout to 30 – 40% of earnings.
The positive dividend announcement follows yesterday’s announcement that Brinker will be selling their On The Border restaurants for an undisclosed amount.
Dividend investors have reason to cheer as GE’s CFO indicated that the company plans to begin growing their dividend again, but not until 2011.
Here are 5 dividend stocks offer investors impressively high dividend yields, and they also have sufficient free cash flow to maintain their dividend payments.
As net earnings decline in 2010, these dividends are at risk of being reduced in the months ahead.
Global pharmaceutical company Bristol-Myers Squibb announced late yesterday that its Board of Directors has approved a quarterly dividend of $.31 per share.
Dow component United Technologies announced late yesterday that its Board of Directors has approved a quarterly cash dividend of $.385 per share.
Equipment maker Caterpillar announced today that its Board of Directors has approved a quarterly cash dividend of $.42 per share.
Tobacco manufacturer Philip Morris announced today that its Board of Directors has approved a quarterly dividend of $0.54 per share.
Burger King announced today that its Board of Directors has approved a quarterly dividend of $.0625 per share.
Pharmaceutical giant Merck & Co. announced today that they are maintaining their quarterly dividend payment of $.38 per share.
IBM announced today that they are increasing their quarterly dividend for the 14th consecutive year.