Highlights include Avon Products, Inc. (
AVP), Colgate Palmolive Co. (
CL), Kimberly-Clark Corp. (
KMB), The Pepsi Bottling Group, Inc. (
PBG) and The Proctor & Gamble Co. (
PG).Despite the S&P 500 rallying 27.9% from the low close on March 9th, the market is still down 44.7% from the closing high on October 9, 2007. The global economic slowdown is negatively impacting the earnings and cash flow of many companies. However, some companies still have strong cash flow, and their Boards are sufficiently confident in the future to raise dividends.An announcement concerning an increased dividend in the current environment has positive implications for both the company's equity and bonds. In the Consumer Staples sector, five companies have announced an increase in the quarterly dividend in the last three months.On February 3, Avon Products, Inc. (
AVP) announced a 5% increase in ...
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