Avon Increases Dividend by 4.5% to $.23

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Avon Products, Inc. (NYSE: AVP) today announced a 4.5% increase in its regular quarterly dividend. The new dividend rate will be $.23 per common share, up from $.22 per share, beginning with the first-quarter dividend payable March 1, 2011, to shareholders of record February 17, 2011.On an annualized basis, the new indicated dividend rate would increase to $.92 per share from $.88 per share.

20-Year Pro Trader Reveals His "MoneyLine"

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