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Spain's Santander raises interim cash dividend by 15%
Reuters· 2025-09-30 14:21
Core Points - Santander's board has approved an interim cash dividend of 0.115 euros per share against its 2025 results, representing a 15% increase from the previous year [1] Company Summary - The approved interim cash dividend is set at 0.115 euros per share [1] - This dividend reflects a 15% increase compared to the same period last year [1]
TD SYNNEX Boosts Dividend As CEO Highlights Record Gross Billings
Yahoo Finance· 2025-09-25 13:32
Core Insights - TD SYNNEX reported record third-quarter results, exceeding revenue and earnings forecasts, but shares declined despite strong growth and a 10% dividend increase [1][2]. Financial Performance - The company achieved revenue of $15.65 billion, surpassing analysts' expectations of $15.11 billion, and reflecting a 6.6% increase from $14.69 billion in the previous year [1]. - Adjusted earnings per share were reported at $3.58, exceeding the forecast of $3.05 per share, marking a 25.2% growth from $2.86 per share a year ago [2]. - Adjusted gross billings increased by 12.1% year over year to $22.73 billion, exceeding the high end of the company's outlook [3]. Dividend Announcement - The board approved a quarterly cash dividend of 44 cents per share, representing a 10% year-over-year increase, payable on October 31, 2025, to shareholders of record as of October 17 [3]. Future Outlook - For the fourth quarter of 2025, the company anticipates adjusted earnings between $3.45 and $3.95 per share, higher than the market expectation of $3.33 per share [4]. - Revenue for the upcoming quarter is projected to be between $16.50 billion and $17.30 billion, exceeding the anticipated $15.99 billion [4]. - Adjusted gross billings for the next quarter are expected to range between $23 billion and $24 billion [4]. Stock Performance - Despite the positive financial results, SNX shares were trading lower by 3.26% to $145.44 in premarket trading [5].
City Holding Company Increases Quarterly Dividend On Common Shares
Businesswire· 2025-09-24 20:16
Group 1 - City Holding Company, a $6.6 billion bank holding company, declared a dividend of 87 cents per common share for shareholders of record as of October 15, 2025 [1] - The dividend is payable on October 31, 2025, and represents a 10% increase from the previous dividend of 79 cents per share paid in the second quarter of 2025 [1] - The board reaffirmed the Company's commitment to returning value to shareholders [1]
First Farmers and Merchants Corporation Announces 7.4% Increase in Quarterly Cash Dividend to $0.29 Per Share
Businesswire· 2025-09-23 20:47
Core Points - First Farmers and Merchants Corporation has announced a 7.4% increase in its regular quarterly cash dividend, raising it from $0.27 per share to $0.29 per share [1] - The new dividend rate will be effective for shareholders of record as of October 7, 2025, and will be paid on October 21, 2025 [1]
IDACORP Increases Common Stock Dividend
Businesswire· 2025-09-19 20:30
Core Viewpoint - IDACORP, Inc. has announced an increase in its quarterly cash dividend to $0.88 per share, reflecting a commitment to returning value to shareholders [1] Dividend Announcement - The new quarterly dividend rate translates to an annual dividend of $3.52 per share [1] - IDACORP's Board of Directors has consistently approved dividend increases annually since 2011 [1] Historical Dividend Growth - Since 2011, IDACORP has achieved a cumulative dividend increase of 193% [1] - The compound annual dividend growth rate (CAGR) since 2011 stands at 7.4% [1]
What's Going On With Royal Caribbean Cruises Stock Thursday?
Yahoo Finance· 2025-09-11 19:20
Core Viewpoint - Royal Caribbean Cruises Ltd. has increased its quarterly dividend by 33% to $1.00 per share following stronger-than-expected earnings and an optimistic full-year outlook [1][2]. Financial Performance - The company reported second-quarter earnings of $4.38 per share, exceeding the analyst consensus of $4.05 by over 8% and showing a 36% increase from $3.21 per share in the same quarter last year [3]. - Revenue for the second quarter rose by 10% year-over-year to $4.54 billion, slightly surpassing Wall Street's estimate of $4.54 billion [3]. Future Guidance - Royal Caribbean raised its full-year adjusted earnings guidance to a range of $15.41 to $15.55 per share, up from the previous forecast of $14.55 to $15.55, which is above the average analyst estimate of $15.39 and indicates approximately 31% earnings growth over 2024 [4]. - For the third quarter, the company forecasts adjusted EPS between $5.55 and $5.65, which is below the consensus estimate of $5.97, citing timing of operating costs and a temporary drag from the introduction of Star of the Seas [5]. Stock Performance - Following the announcement, RCL stock increased by 3.59% to $353.76 [5].
Phillips Edison & Company Declares Quarterly Dividends; Increases Monthly Dividend Distribution by 5.7%
Globenewswire· 2025-09-02 11:30
Core Viewpoint - Phillips Edison & Company, Inc. announced a 5.7% increase in monthly dividend distributions, reflecting strong operational performance and cash flow growth [1][3]. Dividend Distribution - The Board approved a monthly dividend rate of $0.1083 per share, which annualizes to $1.30 per share, up from the previous $1.23 per share [2]. - This marks the fifth consecutive annual increase in dividend distributions and the second consecutive increase exceeding 5% [3]. Company Performance - Jeff Edison, Chairman and CEO, highlighted the company's ability to deliver solid growth through various economic cycles, emphasizing the favorable balance of defense, offense, and growing cash flow for shareholders [3]. - As of June 30, 2025, the company managed 327 shopping centers, including 303 wholly-owned centers totaling 34.0 million square feet across 31 states [4]. Company Overview - Phillips Edison & Company is one of the largest owners and operators of grocery-anchored neighborhood shopping centers in the U.S., focusing on necessity-based goods and services [4]. - The company features a mix of national and regional retailers, with top grocery anchors including Kroger, Publix, Albertsons, and Ahold Delhaize [4].
Stock yards Bancorp Increases Quarterly Cash Dividend to $0.32 Per Common Share
GlobeNewswire News Room· 2025-08-20 11:30
Core Points - Stock Yards Bancorp, Inc. announced an increase in its quarterly cash dividend to $0.32 per common share, payable on October 1, 2025, to shareholders of record as of September 15, 2025 [1] - The company has raised its quarterly dividend rate a total of 18 times since 2011, resulting in a cumulative increase of 167% over that period [2] Company Overview - Stock Yards Bancorp, Inc. is based in Louisville, Kentucky, and has $9.21 billion in assets. It was incorporated in 1988 as a bank holding company and is the parent of Stock Yards Bank & Trust Company, established in 1904 [2] - The company's common shares are traded on The NASDAQ Stock Market under the symbol "SYBT" [2]
OLD REPUBLIC DECLARES THIRD QUARTER REGULAR CASH DIVIDEND OF 29 CENTS PER SHARE
Prnewswire· 2025-08-15 11:00
Dividend Announcement - Old Republic International Corporation declared a regular quarterly cash dividend of 29 cents per share, payable on September 15, 2025, to shareholders of record on September 5, 2025 [1] - The full year's cash dividend is projected to be $1.16 per share, representing a 9.4% increase from the $1.06 per share paid in 2024 [1] Dividend History - 2025 marks the 44th consecutive year that Old Republic has increased its regular cash dividend [2] - The company has maintained uninterrupted regular cash dividend payments for 84 years [2] Company Overview - Old Republic is a leading specialty insurer with diverse property & casualty and title insurance companies [3] - Founded in 1923 and a member of the Fortune 500, the company excels in underwriting and risk management services across the United States and Canada [3] - The specialized operating companies within Old Republic provide tailored solutions that distinguish the company in the market [3]
Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.32 Per Share and Declares Preferred Stock Dividend
Globenewswire· 2025-08-05 20:45
Core Points - Midland States Bancorp, Inc. declared a quarterly cash dividend of $0.32 per share, marking a 3.2% increase from the previous dividend of $0.31 per share [1] - The company has increased its quarterly cash dividend for 25 consecutive years, indicating a strong commitment to returning capital to shareholders [3] - The bank's capital ratios are strong, with significant improvements in earnings and asset quality noted in the second quarter [3] Dividend Details - The cash dividend of $0.32 per share is payable on August 22, 2025, to shareholders of record as of August 15, 2025 [1] - Additionally, a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, will be payable on September 30, 2025, to stockholders of record as of September 15, 2025 [2] Company Overview - Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank [4] - As of June 30, 2025, the company had total assets of approximately $7.11 billion, with its Wealth Management Group managing approximately $4.18 billion in assets [4] - The company offers a full range of commercial and consumer banking products and services, including business equipment financing, merchant credit card services, trust and investment management, insurance, and financial planning services [4]