After the bell on Thursday, the Board of Directors for Silver Wheaton (SLW) initiated a quarterly cash dividend in the amount of three cents per share. Based on the current stock price, investors can expect a yield of about 0.2% going forward.
In afternoon trading, shares of SLW were heading higher, picking up about 2.3% so far.
In other dividend news, Verizon (NYSE:VZ) maintained its quarterly dividend of 48.75 cents per share. And Bunge Limited (NYSE:BG) maintained its quarterly dividend of 23 cents per share.
Among dividend increases, WalMart (NYSE:WMT) announced its quarterly dividend of 36.5 cents per share, an increase of about 20% over its prior dividend. And Devon Energy (NYSE:DVN) announced its quarterly dividend of 17 cents per share, an increase of about 6% over its prior dividend.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.