News
Sylogist Ltd. Reports Earnings and Hike Dividend
Revenue Up 45% Year-Over-Year On Monday, August 15, Sylogist Ltd. (CVE:SYZ) announced that its board of directors has approved a quarterly dividend of $0.07 cents per share. This represents a 7.7% increase from its current quarterly payout of $0.065 cents.
Wells Fargo: 4 Red Flags on U.S. REITs
U.S. REITs Are Now Overvalued Real estate investment trusts, or REITs, have long been a go-to choice for some income investors. However, one of the major banks in the U.S. recently raised some red flags about the sector. In a.
AngloGold Ashanti May Resume Dividend Next Year
Surge in Gold Prices Helping Miner to Cut Debt and Boost Cash In a latest sign that gold miners may boost returning cash to their shareholders, AngloGold Ashanti Ltd. (JSE:ANG), the world’s third-largest metal mining company, said it will consider.
QIAGEN NV to Return $250 Million to Shareholders through Synthetic Buyback
Combining Direct Capital Repayment with Reverse Stock Split On Sunday, August 14, QIAGEN NV (NASDAQ:QGEN) announced its plan to return approximately $250 million to shareholders through a synthetic share repurchase proposal. It would combine a direct capital repayment with a.
German Bank to Impose Negative Interest Rates on Retail Customers
Depositors to Pay 0.4% Interest on Savings Over 100,000 Euros Remember when you first heard about the European Central Bank’s (ECB) negative interest rate policy? For quite a while, many have thought that interest rates on savings accounts would still.
Analysts Slashed Ratings on Municipal Bond Funds
Five Municipal Bond Funds Gets “Sell” Rating Income investors are no stranger to municipal bonds. However, a major financial services firm just warned about the risk in closed-end funds (CEFs) of municipal bonds. On Monday, August 15, Stifel Nicolaus analysts.
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..