Workflow
Dividend increase
icon
Search documents
Enpro Increases Quarterly Dividend
Businesswire· 2026-02-13 21:30
Core Viewpoint - Enpro Inc. has announced a quarterly dividend increase to $0.32 per share, reflecting a 3.2% rise from the previous dividend of $0.31 per share, marking the eleventh consecutive year of dividend increases since 2015 [1]. Group 1: Dividend Announcement - The declared quarterly dividend is $0.32 per share, payable on March 18, 2026, to shareholders of record as of March 4, 2026 [1]. - The increase in dividend is attributed to the strength of the company's balance sheet, consistent cash generation, and a positive long-term outlook [1]. Group 2: Company Overview - Enpro Inc. is a leading industrial technology company focused on critical applications across various end-markets, including semiconductor, industrial process, commercial vehicle, sustainable power generation, aerospace, food and biopharma, photonics, and life sciences [1]. - The company is headquartered in Charlotte, North Carolina, and is listed on the New York Stock Exchange under the symbol "NPO" [1].
LP Building Solutions Announces Increased Quarterly Dividend
Businesswire· 2026-02-13 16:00
Core Viewpoint - Louisiana-Pacific Corporation (LP) has announced an increase in its quarterly cash dividend to common stockholders, raising it to $0.30 per share, which is a 7% increase from the previous $0.28 per share [1]. Company Overview - LP Building Solutions is a leader in high-performance building solutions, manufacturing engineered wood products for builders, remodelers, and homeowners globally [1]. - The company has a diverse portfolio that includes various siding and structural solutions, as well as oriented strand board [1]. - LP has been operational since 1972 and is headquartered in Nashville, Tennessee, with over 20 manufacturing facilities across North and South America [1]. Financial Information - The new dividend will be payable on March 13, 2026, to stockholders of record as of February 27, 2026 [1]. - LP reported revenues of $2.9 billion for the year 2024 [1].
Manulife increases common shareholders' dividend by 10.2%
Prnewswire· 2026-02-11 22:03
Core Viewpoint - Manulife Financial Corporation has announced a 10.2% increase in its quarterly common shareholders' dividend, raising it to $0.485 per share, effective March 19, 2026 [1]. Group 1: Dividend Announcement - The Board of Directors declared a dividend increase of 4.5 cents per share, resulting in a new dividend of $0.485 per share [1]. - The dividend is payable to shareholders of record as of February 25, 2026 [1]. - The company will purchase common shares on the open market for its Canadian and U.S. Dividend Reinvestment and Share Purchase Plans, with no applicable discounts on the purchase price [1]. Group 2: Company Overview - Manulife is a leading international financial services provider, operating under the name Manulife in Canada, Asia, and Europe, and as John Hancock in the United States [1]. - The company offers financial advice, insurance, and investment services, serving over 36 million customers globally [1]. - As of the end of 2024, Manulife had more than 37,000 employees and over 109,000 agents [1].
Royal Caribbean Raises Dividend 50%: Is Cash Flow Strong Enough?
ZACKS· 2026-02-11 15:32
Core Viewpoint - Royal Caribbean Cruises Ltd. (RCL) has announced a 50% increase in its quarterly dividend, reflecting strong confidence in cash flow and business stability [1][8]. Dividend Increase Details - The quarterly dividend has been raised to $1.50 per share, translating to an annual payout of $6, up from the previous $1.00 per share or $4 annually [2]. - This higher dividend will be paid on April 3, 2026, to shareholders on record as of March 6, 2026 [2]. - Based on the closing price of $347.30, the stock now offers a dividend yield of 1.73% [2]. Shareholder Returns and Market Position - The dividend increase underscores the company's commitment to enhancing shareholder returns, which can support stock prices and boost investor confidence [3]. - Companies with consistent and rising dividends tend to attract income-focused investors and retain long-term holders [3]. Operational Trends and Growth Strategy - Healthy operating trends are indicated by firm cruise demand, strong bookings, and steady vacation spending [4]. - The company is expected to generate better cash flow from operations, allowing for higher capital returns while maintaining a stable balance sheet [4]. - RCL continues to invest in fleet upgrades, new experiences, and network expansion, balancing growth spending with shareholder rewards [4]. Financial Projections - For 2026, RCL anticipates strong financial momentum, with revenues projected to grow at a double-digit rate, driven by a capacity growth of nearly 6.7% and net yield improvement of 1.5% to 3.5% [6]. - Adjusted earnings per share are expected to be between $17.70 and $18.10, indicating approximately 14% year-over-year growth, while operating cash flow is projected to exceed $7 billion [9]. Market Performance - RCL shares have increased by 31.9% over the past three months, outperforming the Zacks Leisure and Recreation Services industry's growth of 9.9% [5]. - The company benefits from a strong demand environment and robust booking trends, with resilient pricing and healthy load factors for future sailings [5].
Royal Caribbean Group Raises Dividend Fifty Percent
Prnewswire· 2026-02-10 21:30
Core Viewpoint - Royal Caribbean Group has announced a 50% increase in its quarterly dividend to $1.50 per common share, reflecting the company's strong business performance and commitment to shareholder returns [1]. Company Overview - Royal Caribbean Group is a leading global vacation company that operates 69 ships and offers experiences across cruise, exclusive destinations, and land-based vacations [1]. - The company serves over 1,000 destinations worldwide through its three brands: Royal Caribbean, Celebrity Cruises, and Silversea, along with a 50% joint venture in TUI Cruises [1]. Future Expansion Plans - The company plans to expand its portfolio of private destinations from three to eight by 2028, utilizing its Perfect Day and Royal Beach Club collections [1]. - Royal Caribbean Group will enter the river cruising market in 2027 with the launch of Celebrity River Cruises [1]. Recognition and Commitment - The company has been recognized in the Fortune World's Most Admired Companies 2026 list and Forbes' 2026 Best American Companies lists, highlighting its commitment to delivering responsible vacations [1].
Wesco Int'l Guides FY26 Sales Below Estimates; To Boost Dividend 10%; Stock Down 5% - Update
RTTNews· 2026-02-10 11:30
Core Viewpoint - Wesco International, Inc. (WCC) has initiated its adjusted earnings and revenue guidance for the full-year 2026, projecting adjusted earnings between $14.50 and $16.50 per share with sales growth of 5 to 8 percent [1] Financial Performance - Analysts expect the company to report earnings of $16.42 per share, with revenue growth projected between 22.23 percent to $24.96 billion for the year [2] - The company plans to increase its annual common stock dividend by over 10 percent to $2.00 per share [2] Management Changes - The company announced the upcoming retirement of Dave Schulz, Executive Vice President and Chief Financial Officer, effective May 2026, and the appointment of Indraneel "Neel" Dev as his successor [3][4] - Dev will join the company in February 2026 to ensure a smooth transition, having previously served as CFO and Chief Revenue Officer of Congruex [4] Stock Performance - In pre-market trading, WCC shares are priced at $286.00, reflecting a decrease of $15.73 or 5.2 percent [4]
Allstate Corporation (NYSE: ALL) Hits New 52-Week High Following Quarterly Earnings Announcement
Financial Modeling Prep· 2026-02-07 09:06
Core Viewpoint - Allstate Corporation is experiencing positive momentum in its stock performance following strong earnings, despite some revenue shortfalls, and is committed to returning value to shareholders through increased dividends [1][2][4]. Group 1: Earnings Performance - Allstate reported an impressive earnings per share (EPS) of $14.31, exceeding the consensus estimate of $8.72 by $5.59 [2][3]. - The company's revenue for the quarter was $14.57 billion, which was below analyst estimates of $17.23 billion but still represented a 5.1% increase compared to the same period last year [3]. Group 2: Stock Performance - Allstate's stock reached a new 52-week high of $216.62 following the earnings announcement, with a trading volume of approximately 629,395 shares [2][6]. - The current stock price is $207.55, reflecting a decrease of 3.55% or $7.64, with fluctuations between a low of $205.40 and a high of $215.74 on the same day [5]. Group 3: Market Outlook - Goldman Sachs has set a new price target of $238 for Allstate, indicating a potential increase of 14.67% from its current trading price [1][6]. - The company's market capitalization is approximately $54.31 billion, with a trading volume of 2,325,151 shares on the NYSE [5]. Group 4: Dividend Announcement - Allstate announced an increase in its quarterly dividend to $1.08 per share, amounting to an annual dividend of $4.32, reflecting its commitment to returning value to shareholders [4][6].
This Leading Silver Stock's Bold Strike is Paying Off Big Time
Yahoo Finance· 2026-02-03 15:25
Core Insights - First Majestic Silver made a significant acquisition of Gatos Silver for $970 million, gaining a 70% interest in the Los Gatos Joint Venture and enhancing its position as a major silver producer [1] - The company achieved record silver production, with an average of 4.2 million ounces in Q4 2024, marking a 77% increase year-over-year, driven by the Los Gatos mine [2] - Financial performance improved dramatically, with record revenues of $285.1 million in Q3, a 95% increase from the previous year, and a record cash position of $568.9 million [4] Production and Performance - First Majestic produced a total of 31.1 million silver equivalent ounces last year, exceeding production guidance due to strong operational results [3] - The Los Gatos mine was a key contributor, producing 1.5 million ounces in Q4, leading to an annual total of 15.4 million ounces, an 84% increase from 2024 [2] Financial Results - The company reported a significant increase in cash flow from operations, rising by $101.6 million to $141.3 million, and free cash flow increased by $67.5 million to a record $98.8 million [4] - The acquisition of Gatos Silver is expected to enhance annual free cash flow, which was initially projected at $70 million but exceeded that in Q3 alone [5] Shareholder Returns - First Majestic plans to increase its dividend from 1% to 2% of net quarterly revenue starting in 2026, contingent on sustained high silver prices [6]
Eaton Vance Short Duration Diversified Income Fund raises monthly dividend by 0.1% to
Seeking Alpha· 2026-02-03 07:18
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
Woodward Increases Quarterly Dividend by 14 Percent
Globenewswire· 2026-02-02 12:00
Core Viewpoint - Woodward, Inc. has declared a cash dividend of $0.32 per share, marking a 14% increase from the previous quarter's dividend of $0.28 per share, with payment scheduled for March 5, 2026 [1] Company Overview - Woodward, Inc. is a global leader in the design, manufacture, and service of energy conversion and control solutions for aerospace and industrial equipment markets [2] - The company's mission is to provide energy control solutions that contribute to a clean future, with systems designed to perform in harsh environments [2] - Woodward is headquartered in Fort Collins, Colorado, USA [2]