Time Warner (TWC) Boosts Quarterly Dividend 20% to $0.48; Yields 2.8%

Time Warner Cable Inc. (TWC) has declared a quarterly dividend of $0.48 per common share, $1.92 annualized. The dividend is a 20% increase from the current rate of $0.40. The quarterly dividend is payable in cash on March 15, 2011 to stockholders of record at the close of business on February 28, 2011. The ex-dividend date is February 24, 2011. Yield on the dividend is 2.8%.... Read more