Boeing shareholders must be feeling good these days. Not only do they own the best-performing stock in the Dow Jones Industrial Average this year, but their company just hiked its quarterly dividend by 50% for an annual yield of more than 2%.

In the video below, Fool contributor Demitrios Kalogeropoulos puts Boeing's latest payout raise into perspective, noting that it brings the industrial giant up to a more respectable position among the Dow's 30 stocks, just above IBM's  current yield. He also argues that Boeing has ample room to cover the increased dividend, which points to room for further payout boosts in the years ahead.

More great Dow dividends
If you're a fan of dividend payers like 3M, and looking for some long-term investing ideas, you're invited to check out The Motley Fool's brand-new special report, "The 3 Dow Stocks Dividend Investors Need." It's absolutely free, so simply click here now and get your copy today.


The article Boeing's Brand-New Dividend originally appeared on Fool.com.

Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool owns shares of International Business Machines. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Small Cap Investing

Learn now to invest in small companies the right way.

View Course »

Introduction to Preferred Shares

Learn the difference between preferred and common shares.

View Course »

Add a Comment

*0 / 3000 Character Maximum