News
Traders Betting Telefonica S.A. Won’t Cut Dividend
Company Struggles to Preserve Cash New York, NY — Investors are anxiously waiting to see whether Telefonica S.A. (ADR) (NYSE:TEF) will cut its dividend payout as the heavily indebted Spanish phone operator struggles to preserve cash after its plan to.
Mercantile Bank Corp. Hikes Dividend 6%
New York, NY — Regional banks might be small, but they can still provide big returns. On Tuesday, Mercantile Bank Corp. (NASDAQ:MBWM) announced that its board of directors declared a dividend of $0.17 per share. This represents a six percent.
Ally Financial Inc Announces First Ever Dividend
New York, NY — On Tuesday, the board of directors of Ally Financial Inc (NYSE:ALLY) declared a quarterly dividend of $0.08 per share. This would be Ally’s first dividend since the company’s initial public offering in 2014. The dividend will.
Ecology and Environment Slashes Dividend by 16.7%
New York, NY — Environmentalists seem to be winning big time in politics, but this environmental consulting firm just cut its payout to shareholders. On Monday, the board of directors of Ecology and Environment (NASDAQ:EEI) declared a six-month dividend of.
Johnson & Johnson Beats on Earnings, Hikes Forecast
JNJ Stock Raises Forecast for Full Year New York, NY — Healthcare giant Johnson & Johnson (NYSE:JNJ) reported a better-than-expected rise in quarterly sales, helped by strength in its pharmaceuticals business. Johnson & Johnson raised its 2016 sales and earnings.
Goldman Sachs Profits Jump 74%
Second-Quarter Profit Grew 74% New York, NY — Goldman Sachs Group Inc (NYSE:GS) reported a 74% jump in its second-quarter profit as fixed-income revenue rose and compensation costs fell. Goldman Sachs’s board of directors declared a dividend of $0.65 per.
U.S. Treasury Bonds Stabilize on Monday
New York, NY — Despite the initial spike in treasury prices from the failed military coup in Turkey over the weekend, things stabilized by Monday. Yield on the benchmark 10-year U.S. Treasury note fell to as low as 1.549% late.
Low Interest Rates a Boon for This Investment
Dividend Stocks Benefiting from Low Interest Rates As yields on U.S. 10-year treasury bonds recover from record-lows, investors are looking for cues that will tell them whether this sell-off in bonds is a blip or solid turnaround after post-Brexit capital’s.
Charles Schwab Corporation Reports Earnings, Increases Dividend
New York, NY — In today’s economy, brokerage and banking companies aren’t really the fastest growing. This one company, however, just reported record net income. On Monday, the Charles Schwab Corp (NYSE:SCHW) announced financial results for the second quarter of.
Hardwoods Distribution Inc Completes Acquisition, Hikes Dividend
New York, NY — Hardwood lumber distribution doesn’t sound like an exciting business, but a sizable dividend hike from this company should get some attention from income investors. On Monday, July 18, Hardwoods Distribution Inc (TSE:HWD) announced that it has.
