News
Badger Meter to Hike Cash Dividend by 15%, Split Stock
Industrial Firm Concludes Strategic Review of Business New York, NY —Badger Meter Inc. (NYSE:BMI) said it was increasing its cash dividend payout by 15% and raising the number of shares outstanding through a two-for-one stock split after the industrial flow.
Builders Feeling More Confident on U.S. Housing Recovery
Measure of Home Builder Confidence Gains in August New York, NY — Builders in the U.S. feel more confident that demand for single-family homes will remain strong, boosting prospects for the economic recovery in the world’s largest economy. The National.
U.S. Budget Deficit Reaches $113 Billion in July
Budget Deficit Up 10% Fiscal Year-to-Date New York, NY—On Wednesday, August 10, the U.S. Treasury Department released its Monthly Treasury Statement. It showed that in July, outlays by the U.S. government exceeded revenues by $112.8 billion. (Source: “Monthly Treasury Statement.
Nordson Corp. Increases Dividend by 13%
Coating Company’s Shares Have Surged 16% in 3 Months New York, NY — Nordson Corp. (NASDAQ:NDSN) announced today that its board has approved a 13% increase in its quarterly cash dividends, going from $0.24 per share to $0.27 per share..
Analyst: SeaWorld Should Cut Dividend to Pursue Growth
SeaWorld Stock Down 28% in Past Three Months New York, NY — SeaWorld Entertainment Inc. (NYSE:SEAS) was upgraded to neutral from underperform at Credit Suisse on expectations that the company will cut its dividend and use the money for growth..
Concordia Suspends Dividend After Missing Sale Target
Shares Plunge 30% as Drugmaker Lowers 2016 Guidance New York, NY —Concordia International Corp. (NASDAQ:CXRX) (TSX:CXR), a Canadian drugmaker, suspended its dividend payout today following its disappointing second-quarter results, saying that it will focus on growth and debt reduction going.
U.S. Muted Inflation Dims Chances of Interest Rate Hike
Prices Paid by Manufacturers Decline New York, NY — Prices paid by the U.S. manufacturers dropped in July driven by global weakness in demand and falling energy prices. The producer-price index, a measure of what manufacturers and companies pay to.
U.S. Retail Sales Stall in July, Signaling Economic Slowdown
Sales Figures Almost Unchanged from Prior Month New York, NY — Retail sales in the U.S. were unchanged in July as consumers reduced spending on clothing and other goods, signaling some slowdown in consumer spending and raising questions over the.
Newmont May Double Its Dividend Payout in Third Quarter
New York, NY — Newmont Mining Corp (NYSE: NEM) may double its third-quarter dividend payout to $0.05 a share if the gold prices continue to trade higher, according to Chief Executive Officer Gary Goldberg. “We’ll look at modifying our gold-price-linked.
Newfoundland Capital Corporation Reports Earnings and Hikes Dividends
33% Increase in Annual Dividend Rate New York, NY—Radio broadcasting companies are not exactly known as go-to investments for income investors. But this one just announced a double-digit increase in dividends. On Thursday, August 11, Newfoundland Capital Corporation (TSE:NCC.A, NCC.B).
