2 Dividend Stocks That Just Announced Good News

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

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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