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I think the Pepsi increase was previously announced, so I'm not sure why it's a news item today.
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(05-03-2016, 04:21 PM)DividendGarden Wrote: I think the Pepsi increase was previously announced, so I'm not sure why it's a news item today.
IIRC, it was during their year-end that they announced the intention of raising in June. Now it's been declared by the Board so it's official. GILD did the same thing and I'm sure some others did also.
I'll take it ... especially after the nice bumps the last two years.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan