News
CIBC Issues First Bond with Negative Interest Rate
Canadian Bank Paid to Borrow Money New York, NY — Canadian Imperial Bank of Commerce (NYSE:CIBC) has become the first Canadian bank to tap the surging market for negative yield bonds where investors are willing to lose a small amount.
Analyst: Is GM a Disruptor or Dividend Play?
Analyst Raises Questions on GM Identity New York, NY — General Motors Company (NYSE:GM) is facing an identity crisis, according to an analyst at Barclays Securities who raised many interesting questions associated with the GM brand after the Detroit-based carmaker.
HP May Double Dividend Payout, Says Analyst
Business Spin-Off to Generate Cash New York, NY — Hewlett Packard Enterprise Co (NYSE:HPE) may double its dividend payouts to $0.46 a share as the company frees up more cash after the spin-off of its services business, according to a.
Traders Looking for Clues on Rate Direction from Fed Announcement
Fed’s Statement May Provide Clarity New York, NY — With stock markets at a record high and a rebound in the employment data, investors will be looking for clues from Federal Reserve policy makers tomorrow on the direction of interest.
Provident Financial Hikes Dividend 8%
Fourth-Quarter Profit Rises 12% New York, NY — Provident Financial Holdings, Inc. (NASDAQ:PROV), the holding company for Provident Savings Bank, F.S.B., raised its quarterly cash dividend by eight percent to $0.13 per share as the mortgage market strengthened in its.
Kinder Morgan May Boost Dividend by 25%: Analyst
Dividend Hike Possible as Debt Level Falls New York, NY — Kinder Morgan Inc (NYSE:KMI) may increase its dividend payout by 25% as early as 2018 as the pipeline giant tries to cut leverage and return to growth, according to.
Capital Power Boosts Dividend By 7%
Higher Electricity Prices Propel Growth New York, NY — Capital Power Corp (TSE:CPX) announced a seven percent increase in its dividend payout as the Alberta-based company swung to profit on higher prices for electricity sales in the second quarter. The.
Watsco Boosts Annual Dividend by 24%
Dividend Hike Comes Amid Fall in Profit New York, NY — Watsco Inc (NYSE:WSO) said it plans to increase its dividend payout by 24% to $4.20 per share supported by continued positive cash flows and a strong balance sheet. “This.
Skyworks Solutions Raises Dividend by 8%
Maker of Semiconductor Sees Strong Demand New York, NY — Skyworks Solutions Inc (NASDAQ:SWKS), a maker of high-performance analog semiconductors connecting people, places, and things, raised its quarterly cash dividend to $0.28 per share, an eight percent increase from the.
Newmont Mining Hints Dividend Hike Could Be in the Cards
Higher Gold Prices Boost Cash Flows New York, NY — Newmont Mining Corp (NYSE:NEM), the world’s second largest gold miner by market value, may increase its quarterly dividend later this year as bullion prices jump. “It’s certainly worth noting that.