Money and Finance
Dividend Increase - Phillips 66
I'm a little late to the party on this one but I figured it was worth posting in case anyone else missed it like me. On October 3rd the board of directors for Phillips 66 (PSX) announced a $0.05 increase in their quarterly dividend from $0.20 to $0.25. This is a 25% increase which is great news for investors because they were targeting a 5% annual dividend increase when they were spun off from ConocoPhillips (COP). The new rate is payable to shareholders of record as of October 15th and payable on December 3rd.
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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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Emerson Electric Increases Dividend
Emerson Electric released their earnings for the 3rd quarter 2012 that beat analyst estimates by $0.06. They also announced a increase in their quarterly dividend from $0.40 to $0.41. Unfortunately the $0.01 increase in the dividend is only a 2.50%...
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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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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