Following the penny per share increase, FedEx stock will offer investors a current dividend yield of 0.6% based on today’s closing price.
AT&T is already the highest yielding stock in the Dow Jones index. Today’s dividend announcement will increase that dividend yield to 5.9% based on yesterday’s closing price.
AT&T is already the highest yielding stock in the Dow Jones index, so investors shouldn’t expect a significant dividend increase this year.
Johnson Controls investors could expect about a 25% dividend increase in November.
Once Verizon begins paying dividends to Vodafone, Wall Street is concerned that Verizon may not have the cash flow to sustain their dividend.
PPG Industries announced today that the company will increase their quarterly dividend by 2% to $.55 per share.
Retailer American Eagle Outfitters is increasing their quarterly dividend by 10%.