Ten Stocks Initiating Dividends in 2010

2010 has become the year of the dividend. Last year, 68 of the S&P 500 stocks cut their dividends and another 10 stocks completely suspended their dividend payments. Nearly midway through 2010, only a single S&P 500 stock has cut their dividend (Valero Energy) and only one stock suspended their dividend payments (Tesoro). While news of BP’s dividend cut has captured the majority of headlines in recent weeks, 2010 could end up being a banner year for investors. Here is a look at the 10 stocks initiating dividends in 2010.... Read more