Big Dividend Hikes: 4 Large-Cap Stocks Increasing Payouts
From Nasdaq: 2025-02-03 10:36:00
Blackstone (BX) raises dividends by 67% to $1.44 per share after an exceptional quarter in 2024. Annual dividend yield projected at 2.8% based on prior year’s payout. Shell (SHEL) increases dividend by 4% to $0.72 per ADS and launches $3.5 billion buyback program. Smurfit WestRock (SW) raises dividend by 42% to $0.43 per share, creating a 3.2% indicated yield. Charles Schwab (SCHW) boosts dividend by 8% to $0.27 per share with an indicated yield of 1.3%, surpassing the S&P 500’s yield. Schwab’s revenue grows by 20% in Q4 2024, and adjusted EPS surges by nearly 49%, outpacing analyst estimates.
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