Dividends
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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.
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NEW ORLEANS-- Tidewater approved the repurchase of up to $200 million shares of its stock, the offshore fleet services provider said Friday. Tidewater Inc. also declared a quarterly dividend of 25 cents per share. The dividend will be paid on June 14 to shareholders of record on June 4.
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*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
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Wall Street's stocks-are-cheap meme looks as if it will start coming under stress if what Citigroup calls a "profitless rally" continues.
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NEW YORK-- High-end jewelry company Tiffany& Co. is raising its quarterly dividend by 6 percent to 34 cents. The New York company, known for its blue boxes, said Thursday that the dividend will be paid on July 10 to shareholders of record on June 20. The company's stock slipped 9 cents to $76.49 in morning trading.
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CLEVELAND-- KeyCorp said Thursday that its board approved a 10 percent increase to the bank's dividend, raising it to 5.5 cents. The parent of KeyBank, which is based in Cleveland, last raised its dividend a year ago. The dividend will be paid on June 14 to shareholders as of May 28.
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LAKE FOREST, Ill.-- Packaging Corp. of America said Wednesday that it will increase its quarterly dividend by 28 percent. The company said it will pay its new dividend of 40 cents per share on July 15 to shareholders of record as of June 14.
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DALLAS-- Lennox International Inc., which makes heating, ventilation, air conditioning and refrigeration products, is raising its quarterly dividend to 24 cents from 20 cents. That's a 20 percent increase. The company said Wednesday that its next dividend is payable July 15 to shareholders of record on June 28.
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May 15- Southwest Airlines Co on Wednesday announced a boost in its dividend and its share repurchase program and said it is changing some plane orders and deliveries.