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4 Firms Set to Hike Their Dividends Next Week

Research firm IHS Markit has a look at expected dividends in the week ahead, including what they anticipate will be double-digit increases from Regions Financial (RF), KeyCorp (KEY) and Discover Financial (DFS), along with a 7% boost from Walgreens Boots Alliance (WBA).

The three financial stocks all got approval (or at least a conditional non-objection) from the Federal Reserve for their dividend and buyback plans.

Below are summaries of each expected dividend from the Markit note:

Regions Financial is expected to increase its dividend 28% to 9 cents a share for a 2.4% yield. Analyst Giorgio Vitale writes:

RF produced solid Q4 numbers that showed its operating leverage gains are potent for EPS, however, Q1 results were less satisfying. The company issued its full-year outlook, which shows...