News
Analyst: Dividend Hike Coming for Texas Instruments
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.
Reynolds Boosts Dividend by 9.5%
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,.
CIBC Issues First Bond with Negative Interest Rate
Canadian Bank Paid to Borrow Money New York, NY — Canadian Imperial Bank of Commerce (NYSE:CIBC) has become the first Canadian bank to tap the surging market for negative yield bonds where investors are willing to lose a small amount.
Analyst: Is GM a Disruptor or Dividend Play?
Analyst Raises Questions on GM Identity New York, NY — General Motors Company (NYSE:GM) is facing an identity crisis, according to an analyst at Barclays Securities who raised many interesting questions associated with the GM brand after the Detroit-based carmaker.
HP May Double Dividend Payout, Says Analyst
Business Spin-Off to Generate Cash New York, NY — Hewlett Packard Enterprise Co (NYSE:HPE) may double its dividend payouts to $0.46 a share as the company frees up more cash after the spin-off of its services business, according to a.
Traders Looking for Clues on Rate Direction from Fed Announcement
Fed’s Statement May Provide Clarity New York, NY — With stock markets at a record high and a rebound in the employment data, investors will be looking for clues from Federal Reserve policy makers tomorrow on the direction of interest.
Provident Financial Hikes Dividend 8%
Fourth-Quarter Profit Rises 12% New York, NY — Provident Financial Holdings, Inc. (NASDAQ:PROV), the holding company for Provident Savings Bank, F.S.B., raised its quarterly cash dividend by eight percent to $0.13 per share as the mortgage market strengthened in its.
Kinder Morgan May Boost Dividend by 25%: Analyst
Dividend Hike Possible as Debt Level Falls New York, NY — Kinder Morgan Inc (NYSE:KMI) may increase its dividend payout by 25% as early as 2018 as the pipeline giant tries to cut leverage and return to growth, according to.
Capital Power Boosts Dividend By 7%
Higher Electricity Prices Propel Growth New York, NY — Capital Power Corp (TSE:CPX) announced a seven percent increase in its dividend payout as the Alberta-based company swung to profit on higher prices for electricity sales in the second quarter. The.
Watsco Boosts Annual Dividend by 24%
Dividend Hike Comes Amid Fall in Profit New York, NY — Watsco Inc (NYSE:WSO) said it plans to increase its dividend payout by 24% to $4.20 per share supported by continued positive cash flows and a strong balance sheet. “This.
