Hi all,
Actual Declared Increases:
| Most | Return to | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current | Recent | Dividend | Interest | Payout | 4 Yr. Payout | Years | 4 Yr | 4 Yr Yield | |||
| Symbol | Company Name | Yield | Increase | 5 Yr. CAGR | Coverage | Ratio | Ratio | M* Sector | Growth | Avg. Yield | Upside |
| OZK | Bank OZK | 3.62% | 16.1% | 12.5% | - | 26% | 32% | Financial Services | 24 Years | 3.29% | 10.13% |
In response to the completion of the Feds stress test results, many of the big banks announced their intent to increase their dividends. However, they are not actual declared dividends and so I regard the “intentions” as somewhat nebulous and deserving of an asterisk. Here are those intended increases:
| Intended Increases From Big Bamks | Most | Return to | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current | Recent | Dividend | Interest | Payout | 4 Yr. Payout | Years | 4 Yr | 4 Yr Yield | |||
| Symbol | Company Name | Yield | Increase | 5 Yr. CAGR | Coverage | Ratio | Ratio | M* Sector | Growth | Avg. Yield | Upside |
| BAC | Bank of America Corporation | 3.36% | 9.1% | 9.9% | - | 26% | 27% | fFinancial | 9 Years | 2.31% | 45.61% |
| GS | The Goldman Sachs Group, Inc. | 3.49% | 10.0% | 28.0% | - | 34% | 19% | Financial Services | 11 Years | 2.08% | 68.05% |
| BK | Bank of New York Mellon Corp. | 3.79% | 13.5% | 8.4% | - | 30% | 31% | Financial Services | 12 Years | 2.89% | 30.96% |
| JPM | JPMorgan Chase & Co. | 2.91% | 5.0% | 5.6% | - | 30% | 32% | Financial Services | 8 Years | 2.91% | -0.14% |
| STT | State Street Corp. | 3.74% | 9.5% | 8.0% | - | 33% | 31% | Financial Services | 12 Years | 2.95% | 26.79% |
| WFC | Wells Fargo & Co. | 3.27% | 16.7% | -4.0% | - | 24% | 38% | Financial Services | 1 Year | 3.31% | -1.01% |
Rich