Tag Archives: news
Board Approves $6 Billion Buyback New York, NY — CBS Corporation (NYSE:CBS) said it will raise its quarterly dividend by 20% and boost its stock buyback. The company said it would increase its dividend to $0.18 from $0.15 per share..
While the U.S. stock market is surging past its all-time highs, one economic indicator is saying that the underlying economy might not be as strong as investors think. On Wednesday, July 27, the U.S. Department of Commerce released the latest.
Weak Demand Hits Fertilizer Maker New York, NY — Potash Corporation of Saskatchewan Inc (TSE:POT) slashed its dividend by 60% to $0.60 a share as the fertilizer maker continues to struggle with weak demand. The Saskatoon-based company reduced its 2016.
Increase Comes Amid Declining Profit New York, NY — Marathon Petroleum Corp (NYSE:MPC) said it will raise its quarterly dividend by 12.5% to $0.36 a share from $0.32 a share. “This increase in our dividend represents a compound annual growth.
Toronto Publisher Struggles to Reduce Losses New York, NY — Torstar Corporation (TSE:TS.B), the Toronto Star’s parent company, said it plans to lower the dividend to CA$0.10 per share annually beginning in the third quarter after it reported an adjusted.
A manufacturer of home improvement products doesn’t sound that exciting, but when it announces an intention to increase dividends, it deserves some attention from income investors. On Tuesday, Masco Corp (NYSE:MAS) announced intent to increase its annual dividend to $0.40.
Risks to Economy Diminished New York, NY — The Federal Reserve said today that the “near-term risks to the economic outlook have diminished,” upgrading its assessment of the U.S. economy and signaling that it may resume its interest rate increases.
Private Equity Firm Faces Slowdown New York, NY — The Carlyle Group LP (NASDAQ:CG) reduced its quarterly dividend to $0.63 per unit in the second-quarter from $0.89 per unit after profits declined as its buyout funds’ growth slowed and its.
Second-Quarter Profit Matches Estimate New York, NY — Eli Lilly & Co (NYSE:LLY) promised to increase the company’s dividend after reporting second-quarter earnings that matched analysts’ estimate. Profit excluding some items totaled $0.86 per share, the company said July 26.
On Tuesday, July 26, S&P Dow Jones Indices released the latest results for the S&P Case-Shiller Home Price Index. It showed that in the month of May, home prices in the U.S. increased by five percent year-over-year. (Source: “Home Price.