RE:can't see a dividend increase until Q3 results known...You logic is certainly sound DWDC. My conservative perspective is you are correct given the new CEO was the former CFO. However if he wanted to take a bolder step, and felt confident to do so, by increasing the dividend earlier, it would certainly get some attention and may accelerate the upgrades from the fence sitting financial analysts.
Regardless the free cash flow will be coming our way soon.