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Strategies & Market Trends : Dividend investing for retirement

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To: Triffin who wrote (13480)12/18/2012 3:19:09 PM
From: Triffin  Read Replies (2) of 34328
 
D boosts dividend payout and provides dividend forward guidance ..

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Dominion sets new dividend policy; increases dividend rate by 6.6% ( D) 52.10 +0.14 : Co set a new goal to achieve a 65-70 percent dividend payout ratio. The new policy replaces one established in December 2010 to achieve a 60-65 percent payout ratio. The board also set a 2013 dividend rate of $2.25 per share of common stock, up from $2.11 per share in 2012, or a 6.6 percent increase. Subject to board declaration in January, the first quarterly dividend of 56.25 cents per share will be payable in March 2013.

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Triff ..
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