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On Wednesday, Bank of America said the Fed had vetoed its plans for a modest dividend increase in the second half of 2011.
Mitchell pointed to the 36 Football League insolvencies since 2002 that have led to the tax authorities receiving "a very modest dividend".
While we expect flat earnings and modest dividend growth, we believe Aviva should outperform if the de-risking actions have made the business more resilient.
In written depositions handed to the judge, Mr Mitchell said: "The Football League have … constructed a device under which, on insolvency, 'football creditors' are paid in full whilst ordinary unsecured creditors of the same class receive a very modest dividend.
Hormel's dividend yields 2%, but I expect a modest dividend increase in the near future.
"Modest" dividend payments would probably begin in the second half of 2014, the bank said.
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Rather, Holbrooke poured his soul into building a relationship not only with Pakistani generals but also with the Pakistani people, and there were modest dividends.
Three generations of Gordons of Harrison, Tex., pass the time in genteel Southern style, drinking iced tea and gossiping over meals still paid for by the modest dividends of the family's big parcel of land.
Investors in Sweden may already be reaping modest dividends.
The company announced a 2-for-1 stock split, and said it would raise its modest quarterly dividend by 33percentt, effective July 31.
These days, though, Zamboanga is enjoying a modest peace dividend, thanks to an American-supported military campaign against Abu Sayyaf.This operation began on the island of Basilan in 2002, and has since moved to Jolo, where Philippine troops claim to have killed or captured as many as 200 militants since August.
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