2 Dividend Stocks That Just Announced Good News

2 Dividend Stocks That Just Announced Good News
·5 min read

Two major financial companies just raised their dividends in the past few days, and those increases were accompanied by more good news -- acquisitions that should better position both of them for future growth. One of those companies is US Bancorp (NYSE: USB), which acquired another bank to expand its geographical footprint, and the other is State Street (NYSE: STT), which bought a rival to make it the world's largest custodial bank. US Bancorp, the holding company of US Bank, the fifth-largest bank in the country, just got a little bigger with the acquisition of San Francisco-based MUFG Union Bank.

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