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Oil-Dri's Board of Directors Declares a 14% Increase in Quarterly Dividends
Globenewswire· 2025-12-10 21:25
Core Points - Oil-Dri Corporation of America announced a quarterly cash dividend increase of $0.025 per share, representing a 14% increase over the previous quarter [1] - This marks the second dividend increase in 2025, with the new dividends set at $0.205 for Common Stock and $0.153 for Class B Stock [1] - The cash dividends will be payable on March 6, 2026, to stockholders of record as of February 20, 2026 [2] - The company has consistently paid cash dividends since 1974 and has increased dividends annually for 22 consecutive years [2] Company Overview - Oil-Dri Corporation is a leading manufacturer and supplier of specialty sorbent products across various markets, including pet care, animal health, and industrial applications [4] - The company is vertically integrated, allowing it to manage all aspects of the process from research and development to marketing and sales [4] - With over 80 years of experience, Oil-Dri aims to create value from sorbent minerals [4] Upcoming Events - The company will release its performance report for the second quarter of fiscal year 2026 after the U.S. stock market closes on March 11, 2026 [3] - An earnings discussion will be held via a live webcast on March 12, 2026, at 10:00 a.m. Central Time [3]
Balchem Corporation Announces Dividend
Globenewswire· 2025-12-10 21:15
Core Viewpoint - Balchem Corporation announced a dividend of $0.96 per share, marking a 10.3% increase from the previous year, reflecting strong financial performance and commitment to shareholder returns [1][2]. Company Overview - Balchem Corporation develops, manufactures, and markets specialty ingredients aimed at enhancing health and well-being across various industries [2]. - The company operates through three business segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products [2]. - The Human Nutrition & Health segment focuses on customized food and beverage ingredient systems and key nutrients for food, supplement, and pharmaceutical applications [2]. - The Animal Nutrition & Health segment supplies products to various animal health markets [2]. - Specialty Products offers specialty-packaged chemicals for healthcare and other industries, as well as chelated minerals for the agricultural market [2]. Dividend Announcement - The Board of Directors declared a dividend of $0.96 per share, payable on January 20, 2026, to stockholders of record by December 23, 2025 [1]. - This dividend represents the seventeenth consecutive increase, showcasing the company's consistent financial performance and the Board's confidence in long-term strategies [2].
Carrier Board of Directors Announces Increase in Quarterly Dividend to $0.24 per Share
Prnewswire· 2025-12-03 21:15
Core Viewpoint - Carrier Global Corporation announced a quarterly dividend of $0.24 per share, reflecting a 200% increase since its spin-off in early 2020, demonstrating a commitment to capital allocation and returning value to shareholders [1] Company Overview - Carrier Global Corporation is a global leader in intelligent climate and energy solutions, focusing on innovations that enhance comfort, safety, and sustainability [1] - The company has a history of over a century, having invented modern air conditioning in 1902, and continues to prioritize customer-centric solutions [1] Dividend Announcement - The declared dividend of $0.24 per share will be payable on February 9, 2026, to shareholders of record as of January 20, 2026 [1] - The increase in dividend is part of the company's disciplined approach to capital allocation [1]
Enbridge Announces 2026 Financial Guidance, Declares 3% Dividend Increase and Reaffirms Growth Outlook
Prnewswire· 2025-12-03 12:01
Core Viewpoint - Enbridge Inc. announced its 2026 financial guidance, projecting steady growth driven by new projects and strong utilization of existing assets, alongside a 3% increase in its annual common share dividend [1][2]. Financial Guidance - The company provided 2026 adjusted EBITDA guidance of CAD 20.2 billion to CAD 20.8 billion and distributable cash flow (DCF) per share guidance of CAD 5.70 to CAD 6.10 [1]. - Enbridge reaffirmed its 2025 full-year guidance, expecting to finish in the upper half of the EBITDA range of CAD 19.4 billion to CAD 20.0 billion and at the midpoint for DCF per share [1]. - The company anticipates a compound annual growth rate of 7-9% for EBITDA, 4-6% for adjusted earnings per share (EPS), and approximately 3% for DCF per share from 2023 to 2026 [1]. Dividend Increase - Enbridge declared a 3% increase in its quarterly common share dividend from CAD 0.9425 to CAD 0.97, effective March 1, 2026, marking the 31st consecutive annual increase [1]. Growth Drivers - The projected EBITDA for 2026 is supported by approximately CAD 8 billion of new projects entering service, strong growth from recent rate settlements, and optimization of existing assets [1]. - Key growth drivers include contributions from organic projects, increased rates on U.S. Gas Transmission assets, and favorable re-contracting [1]. Capital Investments and Financing - Enbridge plans to deploy approximately CAD 10 billion of growth capital in 2026, with a strong balance sheet and a debt-to-EBITDA ratio expected to remain within the target range of 4.5-5.0x [1]. - The financing plan includes CAD 10 billion of debt issuances, primarily for refinancing CAD 5 billion of debt maturities, with no external equity required [1].
Boston Partners Decreases Position in TKO Group Holdings, Inc. $TKO
Defense World· 2025-11-29 08:28
Core Insights - TKO Group has seen significant investment activity from large investors, with notable increases in stakes by firms such as Hemington Wealth Management and Golden State Wealth Management, indicating strong institutional interest in the company [1] - The stock performance of TKO Group shows a market capitalization of $37.83 billion, with a current price of $193.90, reflecting a price-to-earnings ratio of 80.12 and a beta of 0.72, suggesting lower volatility compared to the market [2] - TKO Group reported quarterly earnings of $0.47 per share, missing the consensus estimate of $0.58, with a year-over-year revenue decline of 27.3% [3] - The company has increased its quarterly dividend from $0.38 to $0.76 per share, representing an annualized dividend of $3.04 and a yield of 1.6% [4] - TKO Group has approved a stock repurchase plan allowing for the buyback of $1.00 billion in shares, indicating management's belief in the undervaluation of the stock [5] - Analysts have raised price targets for TKO Group, with Guggenheim setting a target of $225.00 and Baird R W giving a "strong-buy" rating, reflecting positive sentiment in the market [6] Investment Activity - Hemington Wealth Management increased its stake by 425% to own 168 shares valued at $25,000 [1] - Whittier Trust Co. raised its holdings by 350% to 135 shares worth $25,000 [1] - Golden State Wealth Management lifted its stake by 840% to 141 shares valued at $26,000 [1] - 89.79% of TKO Group's stock is owned by hedge funds and institutional investors [1] Financial Performance - TKO Group's revenue for the quarter was $1.12 billion, matching analyst expectations but down 27.3% year-over-year [3] - The company has a net margin of 5.40% and a return on equity of 2.82% [3] - The stock has a 52-week low of $133.07 and a high of $212.49, indicating volatility in its trading range [2] Dividend and Buyback - The recent dividend increase to $0.76 per share reflects a payout ratio of 116.48% [4] - The approved buyback plan allows for repurchase of up to 2.5% of outstanding shares, signaling confidence in the company's valuation [5] Analyst Ratings - The consensus rating for TKO Group is "Moderate Buy" with a target price of $222.23 [6] - Multiple analysts have issued "buy" ratings, with two giving a "Strong Buy" rating [6]
Stellar Bancorp, Inc. Announces Increase in Quarterly Dividend
Businesswire· 2025-11-20 21:45
Core Points - Stellar Bancorp, Inc. announced an increase in its quarterly cash dividend to $0.15 per share, up from $0.14 per share, payable on December 31, 2025, to shareholders of record as of December 15, 2025 [1] Company Overview - Stellar Bancorp, Inc. is a bank holding company based in Houston, Texas, with its principal banking subsidiary, Stellar Bank, providing a range of commercial banking services primarily to small- to medium-sized businesses and individual customers in Texas [2]
Dolby Laboratories, Inc. raises dividend by 9.1% to $0.36 (NYSE:DLB)
Seeking Alpha· 2025-11-19 04:38
Group 1 - The article does not provide any specific content related to a company or industry [1]
Financial Markets Buzz: Barr’s Supervision Warning, Pfizer’s Debt Move, Motorola’s Dividend Hike, and Paramount Skydance’s WBD Deal Denial
Stock Market News· 2025-11-18 19:08
Group 1: Banking Supervision - Federal Reserve Governor Michael S. Barr emphasized the need for strong banking supervision to ensure a healthy banking system, warning against pressures to weaken oversight which could pose dangers to the public [2][3][8] - Barr criticized plans to reduce staffing in the Fed's Supervision and Regulation division by 30% by the end of 2026, arguing that such cuts would hinder the ability to manage risks effectively [3][8] Group 2: Pfizer's Debt Offering and Acquisition - Pfizer launched a $6 billion debt offering structured in seven parts to finance its acquisition of Metsera, an obesity drug developer [4][8] - The acquisition is competitive, with Pfizer initially agreeing to a $4.9 billion purchase, but facing a higher bid from Novo Nordisk at $10 billion, leading Pfizer to file lawsuits against Novo Nordisk's bid [5][8] Group 3: Motorola Solutions Dividend Increase - Motorola Solutions announced an 11% increase in its quarterly dividend, raising it to $1.21 per share from $1.09, reflecting strong financial health and commitment to shareholder value [6][8] Group 4: Paramount Skydance and Warner Bros. Discovery - Paramount Skydance denied a report regarding a potential deal with Warner Bros. Discovery, stating the information was inaccurate and emphasizing the confidentiality of ongoing discussions [7][9] - Speculation continues around Paramount Skydance's interest in Warner Bros. Discovery, with previous bids deemed too low by Warner Bros. Discovery's board [9]
Scorpio Tankers Inc. $STNG Shares Acquired by Allworth Financial LP
Defense World· 2025-11-17 08:43
Allworth Financial LP grew its position in Scorpio Tankers Inc. (NYSE:STNG – Free Report) by 1,954.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,870 shares of the shipping company’s stock after acquiring an additional 10,341 shares during the period. Allworth Financial LP’s holdings in Scorpio Tankers were worth $425,000 at the end of the most recent quarter. Get Scorpio Tankers alerts: Other institution ...
AIZ Raises Quarterly Dividend by 10%, Ups Share Buyback Capacity
ZACKS· 2025-11-14 13:45
Core Insights - Assurant, Inc. (AIZ) has announced a significant increase in its common stock dividend, reflecting its strong financial position and commitment to shareholder returns [1][2] - The quarterly dividend has been raised to 88 cents per share from 80 cents, marking a 10% increase and the 21st consecutive year of dividend growth [2][10] - The new dividend yield based on the stock's closing price of $227.05 is 1.41%, making it appealing for yield-seeking investors [3][10] Financial Strength and Capital Management - Assurant's strategy includes returning excess cash to shareholders through both dividend increases and share repurchases, demonstrating solid capital position and cash generation capabilities [5][10] - As of September 30, 2025, liquidity stood at $613 million, significantly above the targeted minimum of $225 million, with $206.3 million spent on share repurchases in the first nine months of 2025 [6][10] - The company plans to return up to $300 million to shareholders through share repurchases in 2025, indicating strong cash flow generation [7][10] Performance Metrics - Assurant's return on equity was 18.6% over the trailing 12 months, outperforming the industry average of 15.3% [8] - Year-to-date, Assurant shares have gained 6.5%, surpassing the industry growth of 6% [9]