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We are hoping that the board sees fit to boost the dividend too.
This increased cash flow and allowed him to boost the dividend to the limited partners by more than 50% in less than six months.
This stock trades at a low (for it) 23 times earnings, and there is ample room to boost the dividend (now yielding 1.2%) a lot.
GE said it will use the proceeds to eliminate "parent-supported" debt at GE Capital and enable GE Capital to boost the dividend it pays GE from 10% of its earnings to 40%, beginning in the second quarter.
Problem is, David is a bit of a cheapskate on R&D spending, preferring instead to use excess cash to make acquisitions, buy back UTC stock or boost the dividend.
All the while Parsons must deal with pressure from financier Carl Icahn, who has forced the company to do a large buyback of its shares, as well as boost the dividend and install more independent directors on the board.
Similar(54)
Management boosted the dividend by 11%, but warned that the outlook for 2012 would be "challenging".
This did not prevent the group confidently boosting the dividend and returning £543m to shareholders via buybacks.
He has boosted the dividend 55%, to 96 cents.
The firm recently boosted the dividend 50% to an annual rate of $1 per share.
They just boosted the dividend 33% to a current yield of 3.3%.
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