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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
Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $9.21 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904. The Company's common shares trade on The NASDAQ Stock Market under the symbol "SYBT." For more information about Stock Yards Bancorp, visit the Company's website at www.syb.com. Contact: T. Clay Stinnett Executive Vice President, Treasurer and Chief Financial Officer (502) 625-0890 ...
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]
TMX Group Limited Increases Dividend by 10% to $0.22 per Common Share
Newsfile· 2025-07-31 21:04
Core Points - TMX Group Limited has declared a dividend of $0.22 per common share, marking a 10% increase from the previous dividend of $0.20 [1][2] - This increase represents the fifth dividend hike in three years, indicating the strength of TMX Group's business model and its adaptive global growth strategy [2] - The dividend is payable on August 29, 2025, to shareholders of record as of August 15, 2025 [1] Company Overview - TMX Group operates global markets and provides various services including listing markets, trading markets, clearing facilities, and technology solutions [4] - Key operations include the Toronto Stock Exchange, TSX Venture Exchange, and other financial services across North America and international markets [4] - The company is headquartered in Toronto and has offices in major cities such as Montréal, Calgary, Vancouver, New York, London, Singapore, and Vienna [4]
Clorox Increases Quarterly Dividend to $1.24 Per Share
Prnewswire· 2025-07-30 21:15
Core Points - The Clorox Company has announced an increase in its quarterly dividend from $1.22 to $1.24 per share, payable on August 29, 2025, to shareholders of record as of August 13, 2025 [1] - Clorox has a long-standing commitment to providing value to its shareholders through regular dividend payments and annual increases [1] Company Overview - The Clorox Company, headquartered in Oakland, California, has been in operation since 1913 and is known for its trusted brands, including Brita®, Burt's Bees®, Clorox®, Fresh Step®, Glad®, Hidden Valley®, Kingsford®, Liquid-Plumr®, and Pine-Sol® [2] - The company has integrated sustainability into its business reporting and was ranked No. 1 on Barron's 100 Most Sustainable Companies list for the third consecutive year in 2025 [2]
Quaker Houghton Announces a 5% Increase in Cash Dividend
Prnewswire· 2025-07-30 20:30
Company Overview - Quaker Houghton is the global leader in industrial process fluids, operating in over 25 countries and serving thousands of advanced and specialized companies in sectors such as steel, aluminum, automotive, aerospace, and mining [3]. Dividend Announcement - The Board of Directors of Quaker Houghton declared a quarterly cash dividend of $0.508 per share, representing a 4.7% increase over the previous dividend [1]. - This dividend is scheduled to be paid on October 31, 2025, to shareholders of record as of October 17, 2025 [1]. Management Commentary - The CEO, Joseph A. Berquist, stated that the dividend increase reflects the company's confidence in its future and its ability to generate strong and consistent cash flow [2]. - The company has a balanced capital allocation strategy aimed at creating shareholder value, marking the 16th consecutive year of dividend increases and the 49th increase since going public in 1972 [2].