The board of directors of  Viacom Inc. (VIAB) recently hiked the company’s quarterly cash dividend by approximately 10% to 27.5 cents per share on class A and class B stock. The increased dividend will be paid on July 2, 2012 to shareholders of record as of June 15, 2012. The current dividend yield is 2.12%.
The recent hike in the dividend marks the company’s second dividend increase since it initiated dividend payment. Last year, the company increased its dividend from 15 cents to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards