THE SPARK: Spectra said the move will allow it to increase its dividend and to boost Spectra Energy Partners LP's quarterly distribution rate. Meanwhile, Spectra Energy Partners plans to increase its quarterly distribution rate by 0.25 cent, to 1 cent. Spectra Energy Partners rose $1.83, or 5.1 percent, to $39.08.
JOHNSON CITY, Tenn.-- NN Inc. said Tuesday that its board reinstated the industrial parts maker's quarterly cash dividend, declaring a payment of 6 cents. The dividend will be paid on July 9 to shareholders of record as of June 25. NN shares rose 3 cents to $9.48 in afternoon trading.
NEW YORK-- Defense and aerospace contractor Heico is raising its semi-annual dividend by 17 percent to 7 cents per share from 6 cents per share. This is Heico Corp.' s 70th straight semi-annual dividend since 1979.. Heico has a flight support segment based in Hollywood, Fla., and an electronic technologies group based in Miami.
NEW YORK, June 6- TD Ameritrade Holding sees little opportunity to buy other companies with its ample cash but will likely return some of it to shareholders in the form of dividends in the next few months, Chief Executive Fred Tomczyk said.
TORONTO/ CALGARY, June 5- Canada's Penn West Petroleum Ltd named a former Marathon Oil Corp executive as CEO and said it would slash its dividend, cut 10 percent of its staff and review strategic options such as asset sales and joint ventures.
NEW YORK, May 30- As the S&P 500 stormed to a gain of more than 16 percent for the first five months of the year, the run was fueled by investors searching for yield. The economic outlook in the United States has improved, and rumblings of a pullback in the Federal Reserve's massive bond-buying program have caused investors to pull away from the big dividend payers.
NEW YORK, May 29- U.S. stocks fell on Wednesday as high-yielding dividend stocks lost some of their luster after recent gains in U.S. Johnson& Johnson, down 2.2 percent at $85.65, was the biggest drag on the S&P 500..
NEW YORK, May 29- U.S. stocks fell on Wednesday as high-yielding dividend stocks lost some of their luster after recent gains in U.S. The Dow Jones industrial average dropped 105.59 points, or 0.69 percent, to end unofficially at 15,302.80. The Nasdaq Composite Index fell 21.37 points, or 0.61 percent, to close unofficially at 3,467.52.
NEW YORK, May 29- U.S. stocks retreated from record levels on Wednesday, led lower by high-yielding dividend stocks as investors speculated on when the U.S. Shares of Johnson& Johnson, down 2.1 percent at $85.78, led declines on the index.
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.
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.
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.
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.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.