Featured Articles

Philip Morris Hikes Dividend to Yield of 5.5 Percent amid Stock Drop

Paul Dykewicz | July 31, 2018
Philip Morris International Inc. (NYSE:PM), a major manufacturer of cigarettes and tobacco, raised its dividend for the 11th straight year to boost its dividend yield to 5.5% in the face of a 26.82% stock price drop in the past 12 months. A quarterly dividend increase to $1.14 per share, up from $1.07 per share, should appeal to income investors if…
Quarterly Dividend

Wells Fargo Enhances Quarterly Dividend Distributions 10% (WFC)

Ned Piplovic | July 31, 2018
Wells Fargo & Company (NYSE:WFC) announced a 10% increase to its upcoming quarterly dividend distribution, which marks the eighth consecutive year that the company has boosted its annual dividend. Amidst the 2008 financial crisis, Wells Fargo was forced to cut its dividend distributions significantly. The company cut its quarterly dividend more than 85% from $0.34 in the first quarter of 2009…

Walmart Offers 44 Years of Rising Dividend Distributions (NYSE:WMT)

Ned Piplovic | July 31, 2018
Walmart, Inc. (NYSE: WMT) continues to reward its shareholders with long-term asset appreciation and a rising dividend distribution, which the company has boosted every year since first declaring a $0.05 dividend in March 1974. The retail giant’s 44-year record of consecutive annual rising dividend payouts makes the company a member of the exclusive Dividend Aristocrats club. In addition to boosting its…

AT&T 5.625% Global Notes due 2067

Tim McPartland | July 28, 2018
Date Issued  7/25/2018 Shares Issued  30,000,000   Overallotment Shares   4,000,000 S&P Rating   BBB+    Moodys Rating   Baa1 Security Ticker Symbol   TBC Market Traded on   NYSE Interest Payment Paid on the 1st of February, May, August and November beginning on 11/1/2018 Quarterly Interest   .353   Annual Interest   1.413 Securities may be redeemed as early as 8/1/2023 at a redemption price of $25…
Quarterly Dividend

BB&T Corporation Raises Quarterly Dividend 8% (BBT)

Ned Piplovic | July 27, 2018
The BB&T Corporation (NYSE:BBT) has rewarded its shareholders with seven consecutive years of dividend hikes before boosting its quarterly dividend another 8% for the upcoming distribution in early September 2018. Aside from cutting its quarterly dividend once for the third quarter of 2009 during the financial crisis, the BB&T Corporation boosted its annual dividend every year over the past two…
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