Dividend Watch: Will Boeing Give Investors Another Big Income Boost?
In the past few years, Boeing (NYSE: BA) has built a reputation as a great stock for income-seeking investors to hold. Just since 2013, the company has nearly tripled its quarterly payout from $0.485 to $1.42.
If history is a guide, Boeing will announce another dividend increase next week. Based on its stellar 2017 cash flow performance, the company is likely to give investors a generous income boost for 2018.
From 2013 to 2015, Boeing began to moderate its dividend growth rate. After increasing its dividend by 51% in 2013, the company boosted its payout by 25% in 2014 and 20% in 2015.
Source: Fool.com