WeWork rival IWG resumes dividends, eyes $1 billion in medium-term profit
(Reuters) – Office rental firm IWG said on Tuesday it will resume regular dividend payouts and set a medium-term core profit target of $1 billion, betting on permanent hybrid work models and…
First Republic bank to suspend dividends on preferred stock
(Reuters) – First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock “as a measure of prudent oversight.” Last…
Koch gets $2.5 billion in dividends from unit that offloaded asbestos liability
By Dan Levine and Mike Spector (Reuters) – Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a subsidiary that…
Factbox-Bumper profits fuel surge in dividends, buybacks at oil firms
(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The top 25…
Gazprom says H1 net profit $41.8 billion, will pay dividends
MOSCOW (Reuters) -Russian gas giant Gazprom made a record 2.5 trillion roubles ($41.75 billion) in net profit in the first half of 2022 and its board recommended paying interim dividends after skipping…
Ladbrokes owner Entain buys into Europe as gambling pays dividends
By Radhika Anilkumar (Reuters) -British betting group Entain said it would buy Croatia’s SuperSport Group for 600 million pounds ($731 million) in cash on Thursday after the owner of Ladbrokes, Coral and…
Danske Bank axes dividends again over Estonia case
COPENHAGEN – Danske Bank will not pay 2021 dividends tied to second quarter results as it is still in discussions with Danish and U.S. authorities over involvement in a money laundering scandal…
Brazil’s Guedes says 10% tax on dividends could be approved this year
BRASILIA – Brazil Economy Minister Paulo Guedes said a small tax reform may be approved by Congress this year that would include a 10% tax on dividends, which are currently exempt. Guedes,…
Huawei pays out $9.65 billion in dividends to current and retired staff
SHANGHAI – Huawei Technologies paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, according to a filing with the Shanghai Clearing House.…
Russian cenbank tells banks to consider postponing dividends
MOSCOW – The Russian central bank on Friday told lenders to consider postponing dividends and bonus payments to managers, as it announced measures to ease regulatory requirements for the sector. The central…
Breaking News
