The Bank Dividend Champion Honor Roll
In my book, Investing in Banks (2016, Risk Management Association), one chapter analyzed 31 publicly traded banks that increased their dividends annually from 2004 through 2014.
Less than 10% of all US banks increased dividends during the 2008-09 Great Panic. At that time, 25% of the publicly traded banks eliminated dividends, 40% cut dividends but kept paying a smaller amount, and 17% kept their dividends at the same rate as pre-Panic. (Another 7% did not pay dividends.)
Given the success of these 31 Dividend Champion banks, it should come