Replies to post #620 on Dividends , The Wheel --Cash secured Puts and Cove

[bar1080]

June 4: "Travelers Companies (NYSE:TRV) Increasing Dividend To US$0.88"
(from $0.85)

"The board of The Travelers Companies, Inc. (NYSE:TRV) has announced that it will be increasing its dividend on the 30th of June to US$0.88. Based on the announced payment, the dividend yield for the company will be 2.1%, which is fairly typical for the industry.

Travelers Companies' Payment Has Solid Earnings Coverage

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Before making this announcement, Travelers Companies was easily earning enough to cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business.

The next year is set to see EPS grow by 3.4%. If the dividend continues along recent trends, we estimate the payout ratio will be 32%, which is in the range that makes us comfortable with the sustainability of the dividend"

https://finance.yahoo.com/news/travelers-companies-nyse-trv-increasing-120330145.html