These Stocks Could Be Tomorrow's Dividend Kings
But in the latest sign that the stock market has put its history behind it, the sector that the crisis arguably hit the hardest is about to get their stocks back on the dividend bandwagon. But will investors welcome those companies back to the dividend-paying fold with open arms? Or will memories of disappearing income and ugly brokerage statements keep investors skeptical about their futures?
The moment you've been waiting forExpectations are building that big banks Wells Fargo (NYSE: WFC), JPMorgan Chase (NYSE: JPM) and US Bancorp (NYSE: USB) will announce by next Monday their plans to raise their dividends. Currently, each of the three banks makes only a token payment of $0.05 per quarter, representing a yield of less than 1% in each case.... Read more