https://www.cnbc.com/2024/07/01/wells-fargo-morgan-stanley-rise-on-plans-to-raise-their-dividends.html
5 replies (most recent on top)
75 by end of year 65 by end of month take that to the bank
So?
Raise dividend = 'free' money for me! I carry a dangerous amount of wfc stock! bring it on!
Raise dividend = bigger bonus for CS
Yes, there are always plenty of billions to pay off fines due to executive failures, conduct buybacks, or raise dividends, but for people and equipment that we really need to operate? Nope, sorry, no cash in the budget.
Let me see if I got this right. We have the money to raise dividends, but we don't have the money to stop laying people off?