Vanguard internal dividend up most since 1997-adviser

BOSTON (Reuters) – Vanguard Group Inc raised a profit-sharing dividend for employees by 16.5 percent for 2017, the largest increase since 1997, an investment adviser who follows the largest mutual fund company said on Friday. Daniel Wiener, who also runs a newsletter for Vanguard investors, said via e-mail that payouts made under the Pennsylvania company’s […]

Wall Street ticks up as dividend payers rise, GE slashes payout

Wall Street ticks up as dividend payers rise, GE slashes payout

NEW YORK (Reuters) – U.S. stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 8, 2017. REUTERS/Brendan McDermid General […]