Tag Archives: news
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.
New York, NY — U.S. consumer confidence held steady in July, despite the fallout from the United Kingdom’s referendum to leave the European Union. The Conference Board’s consumer confidence index came in at 97.3 in July, a slight decrease from.
Board Approves $640 Million-Buyback Plan New York, NY — The board of directors of BB&T Corporation (NYSE:BBT) declared a quarterly common stock dividend increase today of $0.02 to $0.30 per share. The increase is consistent with BB&T’s capital plan the.
Lender Says Growth Outlook Strong New York, NY — Comerica Incorporated (NYSE:CMA) is increasing its quarterly cash dividend by 4.5% to $0.23 per share as the growth outlook brightens for the Dallas-based lender. The board also authorized an increase in.
Earnings Report Brightens Outlook Texas Instruments Incorporated (NASDAQ:TXN) may increase its dividend payout in September or October after the chipmaker announced better-than-expected earnings, according to an analyst at Bank of America Merrill Lynch. The shares of Texas Instruments stock surged.
Company Benefits from Acquisition New York, NY — Reynolds American, Inc. (NYSE:RAI) said it’s increasing its quarterly dividend by 9.5% to $0.42 per share as sales climbed after the tobacco company benefited from last year’s acquisition of rival Lorillard LLC,.