What Do Dividend Hikes by Apple and Exxon Mean for the Market?
May 18, 2015 at 13:10 PM EDT
In recent weeks, the world’s most highly valued technology company, Apple, increased its annual dividend per share by more than 10%. Exxon, America’s largest energy company, raised its annual payout by nearly 6% per share. In an environment where profit growth on the S&P 500 may be plateauing,...