The dividend increase is the result of a special dividend $.07 per share that Wells Fargo will pay in the first quarter.
Wyndham Worldwide announced today that the company is raising their quarterly dividend by 25% to $.15 per share.
Aetna announced on Friday that the company is significantly increasing their dividend and moving from a nominal annual dividend to a quarterly payment cycle.
Target announced today that the retailer is increasing its quarterly dividend by 47% to $.25 per share.
The positive dividend announcement follows yesterday’s announcement that Brinker will be selling their On The Border restaurants for an undisclosed amount.