HanesBrands shares jumped Friday after the clothing company said it would begin issuing a quarterly dividend and forecast full-year earnings that were largely in line with market forecasts. THE BIG PICTURE: HanesBrands also said Thursday that it expects to earn 48 to 51 cents per share for its first quarter on revenue of $945 million.
WINSTON-SALEM, N.C.-- Clothing maker HanesBrands said Friday that it will begin paying a quarterly dividend in June. HanesBrands said that it will pay a dividend of 20 cents per share on June 3 to shareholders of record as of May 20. The company also Thursday that it expects to earn 48 to 51 cents per share for its first quarter on revenue of $945 million.
*Portugal Telecom, Veolia risk future cuts- M.Stanley. "A dividend cut is usually a positive inflection point for share prices," said Morgan Stanley equity strategist Hanyi Lim. Lim said Morgan Stanley's research showed that companies which cut dividends by 90 percent or more outperformed by 48 percent over the next two years.
LITTLE ROCK, Ark.-- Bank of the Ozarks Inc. said Monday it raised its quarterly dividend to 17 cents from 15 cents. The company's next dividend is payable April 19 to shareholders of record as of April 12. Bank of the Ozarks Inc. is the holding company for Bank of the Ozarks, a community bank that provides retail and commercial services.
NEW YORK-- Signet Jewelers Ltd.' s fiscal fourth-quarter net income climbed 10 percent, helped by an acquisition and as customers made more purchases at its U.S. The company also raised its quarterly dividend by 3 cents, to 15 cents per share. For the period ended Feb. 2, Signet earned $171.8 million, or $2.12 per share.
March 27- Zion Oil and Gas Inc:. *Launches dividend reinvestment and direct stock purchase plan. *Source text for Eikon* Further company coverage.
March 27- For a full statement on the results of Angang Steel Co Ltd, which is principally engaged in the manufacture and distribution of steel and related products, please click on:.
LAGOS, March 27- Lafarge's Nigerian unit, Wapco, said on Wednesday its full-year pretax profit more than doubled to 21.26 billion naira, compared with 10.34 billion a year ago. In a filing with the Nigerian Stock Exchange, it also said it would pay a 1.20 naira per share dividend to shareholders.
CHICAGO-- The Female Health Co., which makes female condoms, said Wednesday that it has lifted its quarterly dividend by a penny, to 7 cents. The dividend will be paid on May 8 to shareholders of record as of May 1. Female Health shares added 2 cents to $6.80 in morning trading.
March 27- American Realty Capital Properties Inc:. minimum of $13.59 per share, for $9.7 billion based on newly disclosed. *American realty capital-arcp to increase quarterly dividend to 93 cents per.
*Increases quarterly cash dividend to $0.12 per share; schedules 1 Q13. *Says previously Banner paid a regular cash dividend of $0.01 per share. *Source text for Eikon* Further company coverage ().
March 27- Female Health Co:. *The Female Health Company declares second quarter cash dividend at 17% higher. *Sets quarterly cash dividend of $0.07 per share.
March 27- KP Tissue Inc:. *Sets quarterly dividend of C $0.217 per share. *Q4 earnings per share C $0.02.
March 27- Premium Brands Holdings Corp:. *Announces closing of freybe transaction and increase in dividend. *Increases quarterly dividend by 6.3 percent to C $0.3125 per share.
PARIS, March 27- The head of European aerospace and defence group EADS told a special shareholder meeting on Wednesday that he expected the company's dividend policy to become more attractive.