News
Marathon Petroleum Boosts Dividend
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.
Torstar Cuts Annual Dividend to CA$0.10
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.
Masco Corp Raises Dividend 5.3%
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.
Federal Reserve Leaves Rates Unchanged
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.
The Carlyle Group LP Cuts Quarterly Payout
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.
Eli Lilly Hints More Dividend Hikes Coming
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.
U.S. Home Prices Increase 5% in May
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.
U.S. Consumer Confidence Holds Steady in July
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.
BB&T Increases Dividend by 7%
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.
Comerica Raising Dividend by 4.5%
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.
