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Goldman Sachs, Wells Fargo up shareholder dividends after Fed gives green light
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fnlondon.comThe largest US banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession.
Four of the six biggest banks boosted their dividend payments on 27 June. The collective 15% increase in payouts is relatively muted compared with last year, when the banks raised dividends by 40%. Several banks also outlined plans to buy back their own stock.
Goldman...
Read more on fnlondon.comAbout this in other media
Stock futures rise slightly as Wall Street awaits more major bank earnings cnbc.com /1 year ago
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