Featured Articles
IBM Offers Shareholders 4.4% Forward Dividend Yield (NYSE:IBM)
Ned Piplovic | August 1, 2019
After more than a century of dividend distributions and more than two decades of consecutive annual dividend hikes, the International Business Machines Corporation (NYSE:IBM) continues to be a draw for dividend-seeking investors and currently offers an above-average forward dividend yield of 4.4%. Adjusting for stock splits, IBM has rewarded its shareholders with at least one quarterly dividend boost per year…
Penske Automotive Group Delivers 34th Consecutive Quarterly Dividend Hike (NYSE:PAG)
Ned Piplovic | August 1, 2019
Despite suspending its dividend distributions in the aftermath of the 2008 financial crisis, the Penske Automotive Group, Inc. (NYSE:PAG) -- an automotive retail company that owns a network of multi-brand car and truck dealerships -- has rewarded its shareholders with 34 consecutive quarterly dividend hikes since resuming dividend distributions in the second-quarter 2011. Even before suspending its dividend distributions in…
Entergy Corporation Rewards Shareholders with 35% One-Year Total Return (NYSE:ETR)
Ned Piplovic | August 1, 2019
A combination of steadily rising dividend income payouts and robust capital gains allowed the Entergy Corporation (NYSE:ETR) to distribute a significant portion of earnings to its shareholders and deliver a 35% total return on shareholders’ investments over the past 12 months. The company has managed to avoid all dividend cuts for two decades as the last dividend reduction occurred in…
Wells Fargo Boost Quarterly Dividend Distributions 13% (WFC)
Ned Piplovic | July 25, 2019
Wells Fargo & Company (NYSE:WFC) hiked its quarterly dividend more than 13% for the upcoming round of dividend distributions next month. This upcoming quarterly dividend payout hike extended Wells Fargo’s streak of annual dividend boosts to nine consecutive years. While distributing dividends since 1939, the company encountered some headwinds in the aftermath of the 2008 financial crisis. However, after a…
Phillips 66 Maintains Rising Dividends, Offers 3.5% Dividend Yield (NYSE:PSX)
Ned Piplovic | July 25, 2019
Phillips 66 (NYSE:PSX) has boosted its total annual dividend payout every year since being spun off from ConocoPhilips in 2012, and currently offers investors an above-average dividend yield of 3.5%. The company’s current dividend yield is significantly higher than the average yield of the entire sector, as well as the company’s own average yield over the past several years. Furthermore,…
