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Dividend Aristocrat People’s United Financial (PBCT) to be acquired by M&T Bank

M&T Bank Corporation (MTB) and People’s United Financial, Inc. (PBCT) announced that they have entered into a definitive agreement under which M&T will acquire People’s United in an all-stock transaction. The merger is expected to close in 4Q21. Under the agreement terms, People’s United shareholders will receive 0.118 of a share of M&T common stock…

dividend growth - dividend increase

New inspiration lists – Dividend increases

Historically speaking, consistent dividend growers have been among the best long-term performers in the market. Dividend increases are often a signal of management’s confidence in the company’s future. Several companies even define a dividend policy focussed on dividend growth while keeping a sustainable dividend payout ratio. Two examples are the US health company, Johnson &…