Reply To: Traders Market Weekly: Jobs and Central Bankers


Dividend watch:

Brazilian oil producer Petrobras (NYSE:PBR) could announce dividends of between $10B to $14B relative to its second-quarter results when it reports on July 28, according to Credit Suisse. That huge payout would represent a dividend yield of up to 20% in a single quarter.

Some other quarterly dividend payout predictions include hikes from Wells Fargo & Company (WFC) to $0.30 from $0.25, Wingstop (NASDAQ:WING) to $0.20 from $0.17, OFG Bancorp (OFG) to $0.17 from $0.15, Cintas (NASDAQ:CTAS) to $1.07 from $0.95, and Marathon Oil (MRO) to $0.09 from $0.08.