Bank of Queensland shares fall on dividend cut, profit plunge
By Echha Jain (Reuters) – Bank of Queensland shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by about 70% amid depressed mortgage lending, and…
Analysis-Bonus freedom to pay paltry ‘Brexit dividend’ for Britain’s banks
By Sinead Cruise and Huw Jones LONDON (Reuters) – Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to help the country’s…
Bank of America increases dividend by 9% after Fed stress test
NEW YORK (Reuters) – Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in…
ProSieben to slash dividend, replaces chief financial officer
BERLIN (Reuters) – German media group ProSiebenSat.1 said on Thursday it was replacing its chief financial officer and proposing slashing this year’s dividend as it announced a nearly 20% drop in operating…
US cannabis firm Greenlight issues first dividend to shareholders
By Arunima Kumar (Reuters) – Cannabis company Greenlight said on Tuesday it has issued a dividend to its shareholders, calling the move a first by a large multi-state operator. “We sent out…
US dividend funds see biggest quarterly outflows in 2-1/2 years
By Patturaja Murugaboopathy and Chuck Mikolajczak (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market funds and bank…
Russia’s Sberbank recommends record dividend payout – CEO
(Reuters) -The board of Russia’s largest lender, state-owned Sberbank, has recommended paying a dividend of 25 roubles ($0.3260) per share and a total payout of a record 565 billion roubles, CEO German…
Putin indicates Russia could loosen restrictions on dividend payments to foreigners
MOSCOW (Reuters) – Russian President Vladimir Putin on Thursday said he would consider a “more flexible” approach to restrictions on shareholders and parent companies in “unfriendly” countries receiving dividends from Russian firms.…
Whitehaven Coal posts 5-fold jump in H1 earnings but dividend disappoints
By Melanie Burton and Jaskiran Singh MELBOURNE (Reuters) – Australia’s Whitehaven Coal Ltd posted a more than five-fold jump in first-half profit on Thursday, aided by soaring coal prices, but paid a…
Australia’s iron ore giants face earnings, dividend plunge
By Himanshi Akhand and Melanie Burton BENGALURU/MELBOURNE (Reuters) – Australia’s iron ore giants BHP Group, Rio Tinto and Fortescue are set to report a steep drop in their earnings, which is set…
Australia’s IAG cash earnings jump 27% on growth across key businesses, dividend steady
(Reuters) – Insurance Australia Group reported a 26.7% jump in its first-half cash earnings on Monday, boosted by volume growth across its key businesses that helped offset the ongoing impact of higher…
Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence even as it braces for an uncertain…
Hess tops Wall St profit estimates, signals dividend increase
By Sabrina Valle, Liz Hampton and Sourasis Bose (Reuters) -U.S. oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for fourth-quarter profit on better-than-expected production in Guyana, allowing it…
Aviva keeps dividend, capital returns guidance after UK’s December cold snap
LONDON (Reuters) – British insurer Aviva on Wednesday maintained its dividend guidance and capital returns outlook as it reported a positive end to trading for the year in its general insurance unit.…
ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban
MILAN (Reuters) – The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) for next year and also removed a ban on the distribution…
LPP will pay dividend next year, says CFO
GDANSK, Poland (Reuters) – Next year Polish clothing retailer LPP will pay a dividend, the company’s chief financial officer (CFO) said during a teleconference on Thursday, a day after the company published…
Albertsons $4 billion dividend payment stays on hold as Washington court delays hearing
(Reuters) – Albertsons Companies Inc said on Wednesday its $4 billion dividend payment to shareholders will continue to remain on hold as a Washington state court postponed a scheduled case hearing to…
German budget experts push for dividend ban tied to energy subsidies
BERLIN (Reuters) – Budget experts from Germany’s ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas or electricity…
UK considers cutting tax-free dividend allowance, increasing capital gains tax -media
LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov. 17 budget. The report, citing two officials familiar with the matter, added…
Imperial Oil raises dividend after quarterly profit more than doubles
By Nia Williams and Sourasis Bose (Reuters) -Canada’s Imperial Oil Ltd reported a jump in third-quarter profit and raised its dividend on Friday, boosted by higher energy prices as a result of…
Gazprom shareholders approve record $21 billion dividend payout
MOSCOW (Reuters) -Gazprom shareholders backed Russia’s biggest ever dividend payout totalling 1.208 trillion roubles ($21 billion) at an extraordinary general meeting (EGM) of the state-controlled gas giant on Friday. Shareholders backed an…
Exclusive-Nornickel dividend deal to lapse as Potanin, Deripaska avoid new row -sources
By Polina Devitt MOSCOW (Reuters) – A deal to cap dividends at Nornickel, the world’s top palladium and refined nickel producer, will lapse at the end of this year as its co-owners…
WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND
SUNBURY, Pa., July 14, 2022 — Weis Markets, Inc.’s (NYSE: WMK) Board of Directors today declared a quarterly dividend of $.32 per share to shareholders of record as of July 25, 2022 payable…
Analysis-Volatile U.S. markets boost appeal of dividend stocks
By David Randall NEW YORK – Investors are giving the shares of dividend-paying companies a second look as they seek to buttress their portfolios against surging inflation and sharp declines in asset…
Exclusive – Czech finance ministry proposes beefed-up CEZ dividend
PRAGUE – The Czech Finance Ministry has proposed that state-controlled utility CEZ pays a dividend of 48 crowns per share this year, rather tyhan the 44 crowns proposed by the company’s board,…
Russia’s Rosneft recommends record dividend on 2021 results
(Reuters) – Russian oil producer Rosneft said on Monday that it would pay a record dividend of 41.66 roubles ($0.63) per share on its 2021 results, or 50% of its net profit.…
Breaking News
