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. Let's take a look at how these moves should benefit these two stocks.
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Source Fool.com