9 Rallying Stocks Boosting Their Dividend Payments
This time last year, companies were slashing dividends left and right, to the tune of $52 billion in investor income. But after the worst year in Wall Street's history for payouts, dividends staged a comeback in 2010, on improved earnings and stronger cash flow. And analysts expect the upward trend to only continue in 2011.
Speaking on behalf of S&P Indices, analyst Howard Silverblatt predicts that "over half the S&P 500 issues will pay out more in regular cash payments in 2011 than they paid in 2010," despite the continued uncertainty of the economy. And the passage of Obama's tax package also bodes well for dividend-paying stocks.... Read more