Dividends
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TOKYO, May 24- Mitsubishi Motors Corp, the Japanese maker of Triton pickups, the Outlander Sport SUV and iMiEV electric car, wants shareholders to approve a capital reorganisation to clear more than $9 billion of accumulated losses, and pave the way for the resumption of dividends after a 15- year gap.
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WHITE PLAINS, N.Y.-- Agribusiness and food company Bunge Ltd. said Thursday it is raising its quarterly dividend to 30 cents from 27 cents. The company's next dividend is payable Sept. 3 to shareholders of record on Aug. 20. Bunge also said it will pay a dividend of $1.22 on 4.875% cumulative convertible perpetual preference shares.
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TOKYO, May 23- Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans.
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May 22- Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans.
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LyondellBasell Industries NV said Wednesday that it will buy back shares, increase its dividend and update its board. LyondellBasell said that shareholders at the company's annual meeting approved a plan to repurchase up to 10 percent of the company's outstanding stock.
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NEW YORK-- Viacom Inc. said Wednesday that it will increase its quarterly dividend by 9 percent. The entertainment company will pay its new dividend of 30 cents per share for its Class A and B shares, up from its previous dividend of 27.5 cents per share.
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TULSA, Okla.-- Aaon Inc. declared a three-for-two stock split Wednesday, which will be paid out by the air conditioning and heating equipment company in July as a dividend. Shareholders of record on June 14 will receive their dividend on July 2.
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HOUSTON-- Bristow Group Inc., which flies helicopters for energy companies, said Tuesday that it will raise its quarterly dividend by 5 cents, or 25 percent, to 25 cents. The dividend will be paid June 14 to all stockholders on May 31. Shares slipped 37 cents to $67.52 in midday trading.
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HIGHLAND HEIGHTS, Ky.-- General Cable Corp. said Monday that it will issue a quarterly dividend of 18 cents per share in June, the wire and cable maker's first payout since 2002..
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NEW YORK, May 20- Freeport-McMoRan Copper& Gold Inc took a big step on Monday in its plan to expand into energy, when Plains Exploration& Production Co shareholders approved the miner's $6 billion takeover deal, sweetened by two special dividends.
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May 20- Plains Exploration& Production Co shareholders approved the oil company's takeover by mining company Freeport-McMoRan Copper& Gold Inc, after both companies sweetened the more than $6 billion deal with two special dividends. The companies said on Monday that a majority of Plains outstanding shares were voted in favor of the deal.
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PORTLAND, Ore.-- Umpqua Holdings is raising its quarterly dividend by 50 percent to 15 cents per share and also plans to pay a special dividend.
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NEW YORK, May 20- Freeport-McMoRan Copper& Gold Inc and Plains Exploration together sweetened the miner's roughly $6 billion takeover bid for Plains by around 8 percent by offering to pay two special dividends if shareholders approve the deal.
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NEW YORK, May 20- Freeport-McMoRan Copper& Gold Inc and Plains Exploration& Production Co together sweetened the miner's roughly $6 billion takeover bid for Plains by offering to pay two special dividends if shareholders approve the deal.
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PHOENIX-- Freeport-McMoRan Copper& Gold and Plains Exploration& Production said Monday that they both will pay special one-time cash dividends when Freeport-McMoRan's acquisition of the oil and gas company closes.
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NEW YORK, May 20- Freeport-McMoRan Copper& Gold Inc and Plains Exploration& Production Co said they would pay shareholders more in dividends if they approved the miner's roughly $6 billion takeover offer for Plains.
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Transocean said shareholders voted out Chairman Michael Talbert at the annual meeting and backed a nominee of Carl Icahn to the board.
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CHICAGO-- United States Cellular Corp., the sixth-largest cellphone carrier in the country, on Friday closed on the sale of some of its Midwestern markets to No. 3 Sprint Nextel Corp. and announced that it's handing over the proceeds to shareholders through a special dividend.
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ZUG, Switzerland, May 17- Transocean Ltd said shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling contractor.
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ZUG, Switzerland, May 17- Transocean Ltd said shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling contractor.