Dividend Increase
Search documents
RLI Declares Regular Dividend
Businesswire· 2026-02-18 21:10
PEORIA, Ill.--(BUSINESS WIRE)-- #casualtyinsurance--RLI declares a first quarter dividend of $0.16 per share marking 50 consecutive years of dividend increases. ...
Sherwin-Williams Declares Dividend of $0.80 per Common Share
Prnewswire· 2026-02-18 18:18
Core Viewpoint - The Sherwin-Williams Company has declared a quarterly dividend of $0.80 per common share, marking the 47th consecutive year of dividend increases [1] Group 1: Dividend Announcement - The dividend is payable on March 13, 2026, to shareholders of record on March 2, 2026 [1]
Gibson Energy Announces 5% Dividend Increase & Declares Quarterly Dividend
Globenewswire· 2026-02-17 21:02
Core Viewpoint - Gibson Energy Inc. announced a quarterly dividend increase of $0.02 per common share, bringing the total to $0.45 per share, reflecting a commitment to delivering reliable returns to shareholders [1][2]. Group 1: Dividend Announcement - The Board of Directors approved a quarterly dividend of $0.45 per common share, payable on April 17, 2026, to shareholders of record on March 30, 2026 [1]. - This dividend is designated as an eligible dividend for Canadian income tax purposes, with non-resident shareholders subject to Canadian withholding tax [1]. Group 2: Financial Performance - The increase of five percent in the dividend reflects continued growth in stable Infrastructure cash flows, driven by the successful completion of key capital projects in 2025 [2]. - The company emphasizes a disciplined approach to capital allocation, aiming to provide long-term returns to shareholders [2]. Group 3: Company Overview - Gibson is a leading liquids Infrastructure company involved in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading [2]. - The company is headquartered in Calgary, Alberta, with operations across North America, including core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [2].
Otter Tail Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-17 17:43
Core Insights - Otter Tail Corporation reported a diluted earnings per share (EPS) of $6.55 for 2025, a decline of 9% from 2024, primarily due to a decrease in the plastics segment performance [4][5][8] - The company announced a 10% increase in its dividend to $2.31 per share, marking the 88th consecutive year of uninterrupted dividend payments [3][8] - Management provided guidance for 2026 with an expected EPS range of $5.22 to $5.62, forecasting a 14% growth in electric earnings but a significant decline of approximately 36% in plastics earnings [6][16][19] Rate Cases and Regulatory Updates - In South Dakota, interim rate revenues of $5.7 million became effective on December 1, 2025, and are subject to refund, with a settlement in principle reached with the South Dakota Public Utilities Commission [1] - The Minnesota Public Utilities Commission approved $28.6 million in interim rate revenues effective January 1, 2026, with final rates expected to be implemented by mid-2027 [2][7] Capital Expenditure and Growth Plans - Otter Tail refreshed its five-year capital expenditure plan totaling $1.9 billion, focusing on renewable energy projects and a battery storage facility with a capacity of 75 MW [7][10][18] - The company is advancing key regulatory and capital initiatives, including a wind repowering project expected to increase output by 20% and extend renewable energy tax credits [9][10] Segment Performance and Future Guidance - For 2026, electric segment earnings are expected to increase by over 7%, driven by rate base recovery and higher volumes, while manufacturing earnings are projected to rise by 7% due to improved sales outlook [16][17] - The plastics segment is anticipated to see a 36% decline in earnings as PVC prices are expected to be about 20% lower than in 2025, with normalization not expected until around 2028 [6][19] Financial Health and Balance Sheet - Otter Tail ended 2025 with $386 million in cash and produced a 16% return on equity, indicating a strong balance sheet capable of funding growth plans without external equity through at least 2030 [15] - The company plans to retire $80 million of parent-level debt maturing in 2026 without replacement, leaving no outstanding parent-level debt [18]
Somnigroup Announces First Quarter Cash Dividend
Prnewswire· 2026-02-17 11:37
Core Viewpoint - Somnigroup International Inc. has declared a first quarter cash dividend of $0.17 per share, reflecting the company's strong market position and ability to generate significant free cash flow [1]. Group 1: Dividend Announcement - The Board of Directors has approved a cash dividend of $0.17 per share, payable on March 19, 2026, to shareholders of record as of March 5, 2026 [1]. - This marks the sixth increase in the dividend over the last five years, with the cash dividend more than doubling since its initiation in 2021 [1]. Group 2: Company Overview - Somnigroup is the world's largest bedding company, operating in over 100 countries and offering brands such as Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's® [1]. - The company focuses on delivering innovative sleep solutions and has a global omni-channel platform to enhance consumer experience [1]. - Somnigroup is committed to long-term shareholder value through prudent capital allocation and is guided by its core value of Doing the Right Thing, emphasizing environmental and community responsibility [1].
UFP Industries Announces Quarterly Dividend
Prnewswire· 2026-02-13 17:15
Core Viewpoint - UFP Industries, Inc. has declared a quarterly cash dividend of $0.36 per share, reflecting a 3% increase from the previous year, marking the 14th consecutive year of dividend increases [1] Group 1: Dividend Announcement - The Board of Directors has approved a quarterly cash dividend of $0.36 per share, payable on March 16, 2026, to shareholders of record on March 2, 2026 [1] - The dividend increase of 3% over the March 2025 dividend highlights the company's commitment to returning value to shareholders [1] - This marks the 14th consecutive year that UFP Industries has increased its dividend [1] Group 2: Company Overview - UFP Industries, Inc. is a holding company with subsidiaries including UFP Packaging, UFP Construction, and UFP Retail, focusing on value-added products for residential and commercial construction, packaging, and industrial applications [1] - The company was founded in 1955 and is headquartered in Grand Rapids, Michigan, with operations in North America, Europe, Asia, and Australia [1] - UFP Industries aims to deliver strong returns on investment through share price gains, cash dividends, and targeted share repurchases [1]
4 U.S., Canada REITs Announce Higher Dividends In January
Seeking Alpha· 2026-02-13 15:45
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
Community Healthcare Trust Incorporated (NYSE: CHCT) Dividend Increase and Financial Overview
Financial Modeling Prep· 2026-02-13 15:00
Core Viewpoint - Community Healthcare Trust Incorporated (CHCT) is a real estate investment trust (REIT) focused on income-generating properties in the outpatient healthcare sector, demonstrating a strong commitment to shareholder returns through consistent dividend increases since its IPO [1][5]. Financial Performance - CHCT is expected to report earnings per share (EPS) of $0.57 and projected revenue of approximately $31.3 million for the quarter ending February 17, 2026 [2]. - The company has announced a new dividend of $0.47 per share, payable on March 4, 2026, resulting in an annualized dividend of $1.91 per share, reflecting its ongoing commitment to returning value to shareholders [2]. Financial Health - The debt-to-equity ratio stands at 1.25, indicating that CHCT has more debt than equity, which may raise concerns for investors [3]. - The current ratio is 0.17, suggesting potential liquidity challenges as it indicates the company's ability to cover short-term liabilities with short-term assets [3]. Valuation Metrics - CHCT's price-to-sales ratio is 4.18, and the enterprise value to sales ratio is 8.63, providing insight into how the market values the company relative to its sales [4]. - The enterprise value to operating cash flow ratio is 18.19, further highlighting the company's financial position and is crucial for investors evaluating CHCT's overall financial health and future prospects [4].
Financial Institutions, Inc. Increases Quarterly Common Stock Dividend by 3.2% to $0.32
Globenewswire· 2026-02-12 22:00
Core Viewpoint - Financial Institutions, Inc. announced a quarterly cash dividend increase to $0.32 per share, reflecting strong profitability and a commitment to returning capital to shareholders [1][2]. Dividend Details - The quarterly cash dividend of $0.32 represents a 3.7% yield based on a closing share price of $34.43 and a payout ratio of 35% of 2025 net income available to common stockholders per diluted share [2]. - The company also declared dividends of $0.75 per share on Series A 3% preferred stock and $2.12 per share on Series B-1 8.48% preferred stock, payable on April 2, 2026 [3]. Company Overview - Financial Institutions, Inc. is a financial holding company with approximately $6.3 billion in assets as of December 31, 2025, providing banking and wealth management services [4]. - Its subsidiary, Five Star Bank, offers consumer and commercial banking services across Western and Central New York, while Courier Capital, LLC provides investment management and financial planning services [4].
BLADEX ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND FOLLOWING RECORD 2025 RESULTS
Prnewswire· 2026-02-12 22:00
Core Viewpoint - Bladex has announced an increase in its quarterly cash dividend to $0.6875 per share, reflecting a strong financial performance in 2025 and a commitment to shareholder returns [1][1]. Financial Performance - The new quarterly dividend represents 46% of Bladex's net income for the fourth quarter of 2025 [1]. - Bladex reported net profits of $56.0 million or $1.50 per share in the fourth quarter of 2025, and $226.9 million or $6.11 per share for the entire year [1][1]. Company Background - Bladex is a multinational bank established by the central banks of Latin American and Caribbean countries, with operations starting in 1979 [1]. - The bank is headquartered in Panama and has offices in several countries, including Argentina, Brazil, Colombia, Mexico, and the United States [1]. - Bladex has been listed on the NYSE since 1992, with shareholders including central banks, state-owned banks, commercial banks, and institutional and retail investors [1].