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Boeing (NYSE: BA ) shareholders must be feeling good these days. Not only do they own the best-performing stock in the Dow Jones Industrial Average this year, but their company just hiked its quarterly dividend by 50% for an annual yield of more than 2%.
In the video below, Fool contributor Demitrios Kalogeropoulos puts Boeing's latest payout raise into perspective, noting that it brings the industrial giant up to a more respectable position among the Dow's 30 stocks, just above IBM's (NYSE: IBM ) current yield. He also argues that Boeing has ample room to cover the increased dividend, which points to room for further payout boosts in the years ahead.
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