*Hyundai considers sharply raising dividend, weighs interim div. SEOUL, Oct 23- Hyundai Motor is considering paying its first ever interim dividend next year, its president said on Thursday, in an apparent bid to appease investors angered by its involvement in a $10 billion purchase of a trophy property in Seoul. The possibility of a larger payout, which President...» Read More
LONDON, Oct 22- GlaxoSmithKline kept its dividend unchanged for the third quarter, breaking a run of steadily rising payouts, as U.S. pricing pressure on its top-selling lung drug Advair eroded sales and profit. It also announced a further cost-cutting programme and said it would explore an IPO of a minority stake in its HIV business ViiV Healthcare.
Oct 20- Halliburton Co, the world's No.2 oilfield services provider, reported a 70 percent rise in net income attributable to the company, helped by stronger drilling activity and demand for production services in North America. Halliburton on Monday also raised its quarterly dividend to 18 cents per share from 15 cents. Net income attributable to the company...
HOUSTON— HOUSTON— Halliburton reported profit of $1.2 billion in its third quarter despite tumbling energy prices, and said it would boost its dividend by 20 percent. Oilfield service companies like Halliburton typically get squeezed when the energy prices tumble as major drillers try to preserve their margins. Halliburton posted a profit of $1.41 per share.
NEW YORK, Oct 10- The hunt for dividend yield is pushing U.S. fund managers into an unproven new offshoot of the alternative energy industry. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund. "We see these as a way to get a decent yield now and high likelihood into the yield growing...
LONDON, Oct 9- Britain is unlikely to sell any more of its remaining 25 percent stake in Lloyds Banking Group until the bailed-out lender is cleared to pay dividends again, banking and political sources told Reuters. Without regulatory approval to pay dividends, Lloyds shares are not expected to rise to a level that would enable UK Financial Investments, which...
Oct 8- Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple Inc on Thursday. The investor has in the past urged Apple to return more of its cash to shareholders and pressured the company to raise its stock buyback and dividend. Apple shares were up 2 percent at $100.73 in late afternoon trading.
NEW YORK, Oct 7- Dividend payments for U.S. stocks rose by $12.3 billion in the third quarter, representing an increase of 3.7 percent from the prior year and putting companies on track for a record full-year payment, S&P Dow Jones Indices wrote on Tuesday. "Given the number of those issuers which have a history of fourth-quarter dividend increases, 2014 should post...
*Q2 like-for-like sales, ex fuel, fall 2.8 pct. LONDON, Oct 1- British grocer Sainsbury's cut its annual sales forecast and said it would review its dividend as part of a wider examination of the business, adding to the turmoil in a sector reeling from Tesco's accounting scandal.
Which is better for investors: buybacks or dividend increases? Thanks to the miracle of specialty mutual funds, we have an answer. USA Today reports.
Microsoft laid off 2,100 employees as a part of a previously announced restructuring plan.
WASHINGTON, Sept 18- The Federal Reserve on Thursday disciplined Spain's Santander over paying out a dividend without approval, as it tightens control of how foreign banks manage risk in the United States.
WASHINGTON, Sept 18- The U.S. Federal Reserve on Thursday disciplined a U.S. unit of Spanish bank Santander after it paid out a dividend that the central bank had not approved. "Santander Consumer declared a cash dividend on its common stock payable in the second quarter of 2014, which was not specifically authorized in advance by the Federal Reserve," the Fed said.
Sept 18- Stock market indexes provider MSCI Inc declared its first-ever quarterly dividend and more than doubled its stock repurchase program to $850 million from $300 million. MSCI will pay Goldman Sachs $300 million in cash and expects to receive about 4.5 million shares of its common stock.
Sept 18- Stock market indexes provider MSCI Inc declared its first-ever quarterly dividend and more than doubled its stock repurchase program to $850 million from $300 million.
*Sony to forgo dividend- first time since 1958 listing. TOKYO, Sept 18- Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958..
Microsoft announced the smallest percentage increase in its dividend since 2009 and appointed new directors to replace two board members.
SEATTLE, Sept 16- Microsoft Corp on Tuesday announced an 11 percent increase in its quarterly dividend and appointed two new directors to replace two board members who decided not to seek re-election.
Sept 16- Power producer Atlantic Power Corp slashed its dividend by 70 percent and asked its chief executive to step down as part of a strategic review process. The company said it appointed Ken Hartwick, director of the board, as a replacement for Barry Welch. Atlantic Power cut its annual dividend to 12 Canadian cents per share from 40 Canadian cents.
SANTANDER, Spain, Sept 15- Ana Botin, the new chairwoman of Santander, told shareholders on Monday she would defend the legacy of her father at the helm of the euro zone's biggest bank and her priorities include maintaining its generous dividend policy.
NEW YORK, Sept 12- U.S. stocks fell on Friday as energy shares extended their recent slide, while rising bond yields drove down high-dividend paying shares. Shares of Exxon Mobil Corp retreated 1.3 percent on the day, while ConocoPhillips fell 1.2 percent.