Dividend Stock: Viacom (VIA.B)Unlike Target and Caterpillar, which have been dividend stocks for some time, Viacom made a splash last week with its first-ever dividend announcement. The company will also be resuming its stock buyback program, which was halted in early 2009 amid the financial crisis. The 15-cent quarterly dividend, payable July 1 to shareholders of record by June 17 (that's today!) will cost Viacom about $365 million a year.
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