News
Telus Sees Profit Drop, but Hikes Dividend
Canadian telecom company TELUS Corporation (NYSE:TU, TSE:T) reported lower-than-expected profits on Thursday, yet the company hiked its dividend and extended its dividend growth program. In the first quarter of 2016, Telus generated $3.11 billion in operating revenue, up 2.6% year-over-year.
Johnson & Johnson Increases Quarterly Dividend by 6.7%
Johnson & Johnson (NYSE:JNJ), the maker of “Tylenol,” “Band-Aid,” and myriad other brands, just hiked its dividend. Could this add fuel to the recent rally in JNJ stock? On Thursday, April 28, Johnson & Johnson announced a 6.7% increase in.
International Business Machines Corp. Hikes Dividend by 7.7%
100 Years of Consecutive Quarterly Dividends International Business Machines Corp. (NYSE:IBM), nicknamed Big Blue, has hiked its quarterly dividend, but the move did little to impress IBM stock shareholders. On Tuesday, IBM announced it would raise its quarterly cash dividend.
Apple Adds $50 Billion to Capital Return Program, Hikes Dividend 10%
Apple Hikes Dividend, Tops Up Stock Buyback Apple Inc. (NASDAQ:AAPL) announced a dividend hike and topped up its share buyback program in a move that could signal growth is slowing down at the world’s largest technology company. Apple’s board of.
NGL Energy Partners LP Slashes Distribution 40%
Distribution Cut Latest Sign of Hard Times for MLPs Energy pipelines were once considered the safest securities on Wall Street, but now, Mr. Market is handing investors a reality check on investing in the notoriously volatile oil patch. Case in.
Canadian Pacific Railway Reports Soaring Profits, Hikes Dividend
CP Rail Hikes Dividend 43% The turnaround at Canadian Pacific Railway Limited (NYSE:CP, TSE:CP) has turned the company into a cash flow machine, allowing management to hike CP’s dividend and buy back shares. On Wednesday, the company announced another round.
