News
Communications Systems Slashes Quarterly Dividend by 75%
Shares Tumble 6% After Cost-Cutting Measures Announced New York, NY — Communications Systems, Inc. (NASDAQ:JCS) (CSI) slashed its quarterly dividend by 75%, as the global provider of physical connectivity infrastructure and services says it is taking steps to reduce cost..
ITC Holdings Corp. Announces Dividend Hike
15% Increase in Quarterly Dividend Rate Just before being acquired, ITC Holdings Corp. (NYSE:ITC) decided to reward shareholders with one more dividend hike. On Wednesday, August 17, ITC Holdings announced that its board of directors has approved a quarterly cash.
UBS Analysts Warn Investors Off Emerging Markets
Growth May Not Be What it Seems Around 8:00 a.m. Eastern Standard Time, emerging market stocks capped off an epic rally by hitting a 13-month high. That being said, two analysts aren’t buying the hype. Bhanu Baweja and Manik Narain,.
U.S. Jobless Claims Decline Last Week, Report Says
Drops in Insurance Claims Signal Strong Job Market New York, NY — The number of Americans seeking unemployment benefits in new applications dropped last week, a trend in line with strengthening job market conditions. Initial claims for unemployment benefits, a.
Nomura: Mortgage REITs Could Benefit from Money Market Reform
Mortgage REITs Have Real Upside, Analysts Say For income investors interested in real estate, there are more than 200 real estate investment trusts (REITs) to choose from, with a small portion of them being mortgage REITs. And according to Japanese.
Briggs & Stratton Increases Quarterly Dividend by 4%
Gasoline Engine Maker’s Quarterly Profit Falls New York, NY — Briggs & Stratton Corporation (NYSE:BGG) said its board has approved a four percent increase in its quarterly dividend, as the world’s largest producer of gasoline engines for outdoor power equipment.
American Financial Group Inc. Hikes Dividend 12%
11 Consecutive Years of Dividend Hikes It’s dividend season for American insurance companies, with several of them having raised their payout. This time, it’s American Financial Group Inc. (NYSE:AFG). On Wednesday, August 17, American Financial Group announced that its board.
Too Many Expensive Apartments are Vacant in Major U.S. Cities: Report
Luxury Apartments Are Lying Empty For the average American, finding a reasonably priced apartment can seem nearly impossible at times. However, a recent report shows that some apartments, particularly at the luxury end of the spectrum, are absolutely starved for.
Chemical Financial Corporation Announces Dividend Increase
Company Raises Quarterly Dividend Rate to $0.27 Per Share Regional banks can be solid picks for income investors, and one of them just proved this point by raising its dividend again. On Wednesday, August 17, Chemical Financial Corporation (NASDAQ:CHFC) announced.
UBS Analyst Names Stocks With “Good” Buybacks
UBS Strategist Names Top 20 Stocks Buying Back Shares As the stock market flirts with new all-time highs, analysts are wondering if the equities are about to hit a ceiling. Julian Emanuel, strategist for financial services company UBS, is one.
