The Federal Reserve gave banks the green light to boost dividends and start share buyback programs. Lo and behold, several banks have taken them up on such a kind offer.
If you enjoy the content at iBankCoin, please follow us on TwitterBB&T Corp declared a $0.01 increase in the 2011 second-quarter dividend to $0.16, as well as a special $0.01 dividend
Wells Fargo increases quarterly cash dividend rate to $0.12, including a special Q1 cash dividend of $0.07, and increases common stock repurchase authority
JPMorgan Chase increases dividend to $0.25/share from $0.05/share; authorizes new stock repurchase
U.S. Bancorp announces 150% increase in annual dividend to $0.50 from $0.125; authorizes new 50 mln share repurchase program
