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  • WPP'S Sorrell eyes higher dividend payout ratio Wednesday, 19 Nov 2014 | 7:21 AM ET

    BARCELONA, Nov 19- WPP Chief Executive Martin Sorrell said on Wednesday he would like, as a large shareholder, to see the payout ratio for the advertising group's dividend increase to 50 percent from the current target of 45 percent. "From my point of view as a significant shareholder in WPP, with most of my net worth being tied up in the company, personally I would like...

  • Easyjet FY profit jumps 21.5 pct, lifts dividend Tuesday, 18 Nov 2014 | 2:14 AM ET

    LONDON, Nov 18- British low-cost airline easyJet reported a 21.5 percent jump in annual profit, in line with its expectations, prompting it to raise its dividend, as it guided that forward bookings were slightly ahead for the winter season. Europe's second-largest low-cost carrier behind Ryanair, easyJet on Tuesday posted a pretax profit of 581 million pounds...

  • Dividend payout growth seen slowing in 2015 -report Monday, 17 Nov 2014 | 1:54 AM ET

    *Economic growth to be uncertain, UK divs to fall- Henderson. The report pointed to an uncertain economic growth picture next year and said that one reason for slower growth would be the absence of Vodafone's record $26 billion payout from selling its Verizon Wireless stake. We expect total dividends from the UK to be down by more than $20 billion next year. "

  • Investors seeing dividend growth: Pro     Monday, 17 Nov 2014 | 1:45 AM ET

    Ben Lofthouse, co-manager at Henderson Global Equity Income Fund, says investors globally are seeing dividend growth with the world's top 1,200 listed firms expected to pay a total of $1.19 trillion in 2014.

  • *Expects to raise $7 bln- $8.5 bln from asset sales by mid-2016. Nov 12- Dow Chemical Co raised its asset sale target by as much as 42 percent to $8.5 billion and increased its share buyback plan by $5 billion, as it looks to thwart hedge fund manager Daniel Loeb's push to split the company. Shares of Dow Chemical, which also raised its quarterly dividend to 42 cents per...

  • Nov 12- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, increased its dividend and said it would buy back shares worth $5 billion, more than doubling its share repurchase program. Dow, which is being pushed by hedge fund manager Daniel Loeb to split up, said it would complete its previous $4.5 billion share repurchase program by the end of the year.

  • *To invest additional 150 mln stg in price cuts. LONDON, Nov 12- Sainsbury's plans to cut spending on new stores and reduce dividend payments to fund cheaper prices, increasing the pressure on ailing larger rival Tesco in the battle for British supermarket customers. The stock was down 4.5 percent at 256.9 pence at 1120 GMT on Wednesday after Coupe acknowledged...

  • LONDON, Nov 7- British Airways owner IAG laid out plans to pay a maiden dividend, coming of age three years after it was created in a merger between BA and Spain's Iberia. International Airlines Group said it was confident of increasing profit by more than 10 percent a year between 2016 and 2020, on top of significant growth this year and next. BA and Iberia sealed an...

  • Nov 6- Life and mortgage insurer Genworth Financial Inc said it would suspend dividends in its life business until the end of next year, and that it was open to all strategic options. Genworth shares fell as much as 38 percent on Thursday, wiping out about $2.7 billion of the company's market value. Genworth, spun off from General Electric Co a decade ago, had years ago...

  • Nov 6- Life and mortgage insurer Genworth Financial Inc said it would suspend dividends in its life business for the rest of 2014 and 2015, and that it was open to all strategic alternatives. Genworth shares fell as much as 38 percent to $8.75 in morning trading on the New York Stock Exchange on Thursday. The company posted a surprise third-quarter loss on...

  • Nov 6- Government-controlled mortgage finance firm Fannie Mae said on Thursday it will pay U.S. taxpayers $4.0 billion after reporting a quarterly profit that modestly rose from the second quarter. Fannie Mae does not lend money directly, nor does rival financing firm Freddie Mac. Fannie Mae's dividend to the U.S.

  • CALGARY, Alberta, Nov 5- Penn West Petroleum Ltd, one of Canada's largest conventional oil producers, said on Wednesday it can pay its dividend and fund its capital program even as falling oil prices cut into profits. Global crude prices have slipped by about 25 percent since touching a high of $115 in June, hurt by excess supply, including from North American shale...

  • LONDON, Nov 4- Imperial Tobacco Group said it would raise its dividend by at least 10 percent in the next year, signalling confidence that cost cuts will help it to cope with weak consumer spending and higher taxes that weighed on its annual profit. The company also recently floated a portion of its logistics business, Logista, on the Spanish stock exchange, raising...

  • Oct 30- An early warning last week from LPL Financial Holdings Inc that unexpectedly high regulatory costs would hurt third-quarter earnings failed to placate investors on Thursday, as shares tumbled after the brokerage firm reported actual results. LPL Financial, the largest independent brokerage firm with almost 14,000 brokers that use its products and...

  • BP's rising dividends: 'Sign of confidence'     Tuesday, 28 Oct 2014 | 5:50 AM ET

    Reuters' European Corporate Strategy Correspondent, Tom Bergin, says that BP's increased dividend is a 'sign of confidence'.

  • *Income from Rosneft falls to $110 mln vs year-earlier $808 mln. LONDON, Oct 28- Oil major BP's third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from its local partner, Kremlin-controlled Rosneft. Oil companies have seen billions wiped off their stock market...

  • LONDON, Oct 28- Oil major BP increased dividends in the third quarter as it saw a jump in operating cash flow despite lower oil prices and a steep drop in contributions from Russia where a depreciating rouble hit its income. The dividends for the third quarter will rise by 5.3 percent year on year to 10 cents per ordinary share while organic capital expenditure for...

  • BP raises dividend despite oil price drop, trims capex Tuesday, 28 Oct 2014 | 3:15 AM ET

    LONDON, Oct 28- Oil major BP said on Tuesday it will raise dividends for the third quarter by 5.3 percent year-on-year to 10 cents per ordinary share while trimming organic capital expenditure for the full year. BP, a major investor in Russia through a stake in state oil major Rosneft, also said the depreciation of the rouble against the dollar over the period had a...

  • Oct 27- Regal Entertainment Group, the No.1 U.S. theater chain, said it was considering strategic options, including a sale, sending its shares up 17 percent in extended trading. Regal's net income for the quarter ended Sept. 25 fell about 65 percent to $26.4 million, or 17 cents per share. Regal's shares were trading at $24.50, after closing at $20.51 on the New York...

  • *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...