Money and Finance
Dividend Increase - Phillips 66 (PSX)
Earlier this week the Board of Directors of Phillips 66 (PSX) announced another increase in their dividend. This was their second increase since being spun off from ConocoPhillips (COP) in the middle of last year. The new rate is $0.3125 and is a 25% increase from the $0.25 quarterly dividend paid in December and a 56% increase from their first payout back in September. It's great to see management increasing the dividend further. I expect the dividend growth to slow down because management was originally targeting a 5% annual growth in the dividend once they were spun off.
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Dividend Increase - Kinder Morgan, Inc. (kmi)
Yesterday, the Board of Directors for Kinder Morgan, Inc (KMI) announced an increase in the quarterly dividend from $0.36 to $0.37 per share. The new rate will be payable on February 15th to shareholders of record as of January 31st. The increase...
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Kinder Morgan Inc. Dividend Increase
Kinder Morgan Inc. (KMI) announced an increase in their quarterly dividend from $0.35 to $0.36 per share. The new payout is payable to shareholders of record on October 31st and is due to pay out on November 15th. This is a 2.86% increase over the...
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Dividend Increase - Mcdonald's
Today, McDonald's board of directors announced a 10% increase in the quarterly dividend from $0.70 per share to $0.77 per share. The new rate will be payable December 17th to shareholders of record on December 3rd. This brings the annual...
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Phillips 66 (psx) Dividend Announced
Phillips 66 (PSX), the spinoff from ConocoPhillips, announced it would be paying it's first ever dividend on September 4 to shareholders of record on July 23. The quarterly dividend will be $0.20 per share which is right where they had said it would...
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Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
Money and Finance