Dividend Increase
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CN Announces New Normal Course Issuer Bid for Share Repurchase and 3% Dividend Increase
Globenewswire· 2026-01-30 12:31
Core Viewpoint - CN has announced a 3% increase in its 2026 dividend and a new share repurchase program, reflecting strong cash flow and a disciplined capital management approach [1][2]. Dividend Announcement - The Board of Directors approved a quarterly dividend of C$0.9150 per common share, to be paid on March 31, 2026, to shareholders of record by March 10, 2026 [6]. Share Repurchase Program - The new normal course issuer bid (Bid) allows CN to repurchase up to 24 million common shares, representing 3.9% of the total shares outstanding as of January 22, 2026 [2][4]. - The Bid will run from February 4, 2026, to February 3, 2027, and will include various methods of share acquisition, subject to regulatory approvals [3][4]. - The previous share repurchase program, which allowed for the purchase of up to 20 million shares, is set to expire on February 3, 2026, with 15,250,222 shares repurchased at an average price of C$134.44 [5].
Truxton Corporation Announces Increased Quarterly Cash Dividend for 2026 and a $5 Million Repurchase Authorization
Globenewswire· 2026-01-29 14:00
Core Viewpoint - Truxton Corporation has announced a significant increase in its quarterly cash dividend, reflecting strong financial performance and a commitment to returning value to shareholders [1] Dividend Announcement - The Board of Directors approved a quarterly cash dividend of $0.88 per common share, payable on March 24, 2026, to shareholders of record as of March 10, 2026 [1] - This represents a 76% increase over the 2025 regular quarterly dividend of $0.50 [1] - The annualized dividend of $3.52 is 17% higher than the total of $3.00 per share paid in 2025 [1] - Truxton Corporation has increased its dividends for fourteen consecutive years [1] Stock Repurchase Program - The Board has authorized a stock repurchase program allowing the Corporation to acquire up to $5 million of its common shares over a one-year period following the release of fourth quarter earnings [2] - Shares may be purchased in open-market or private transactions at management's discretion, subject to applicable securities laws [2] Program Flexibility - The share repurchase program can be extended, modified, amended, suspended, or discontinued at the Corporation's discretion [3] - The timing, number, and value of shares to be purchased will depend on various factors, including stock price performance and capital planning considerations [3] Company Overview - Truxton is a provider of wealth, banking, and family office services for wealthy individuals and their business interests [4] - Founded in 2004 in Nashville, Tennessee, Truxton emphasizes customized solutions for complex financial needs [4]
Stifel Announces a Three-for-Two Stock Split, 11% Increase to Its Common Stock Dividend & Declares Preferred Stock Cash Dividend
Globenewswire· 2026-01-27 22:00
Core Viewpoint - Stifel Financial Corp. announced a three-for-two stock split and an increase in its common stock dividend, reflecting strong market performance and growth prospects [1][2][3]. Stock Split Details - The Board of Directors declared a three-for-two stock split in the form of a 50% stock dividend, effective February 26, 2026, for shareholders of record as of February 12, 2026 [1]. - Post-split, the company will have approximately 155 million shares outstanding, up from about 103 million [1]. Dividend Information - A cash dividend of $0.51 per share was declared, representing an 11% increase, marking the ninth consecutive annual increase in the common stock dividend [2]. - Following the stock split, the quarterly dividend for 2026 will equate to $0.34 per common share [2]. Management Commentary - The Chairman & CEO of Stifel Financial Corp. stated that the stock split and dividend increase are intended to reward existing and long-term investors, reflecting the board's confidence in the company's ability to drive long-term shareholder value [3]. Preferred Stock Dividends - The Board also declared cash dividends for its Series B, C, and D Non-Cumulative Perpetual Preferred Stocks, payable on March 16, 2026, to shareholders of record on March 2, 2026 [4]. - The declared cash dividends are approximately $0.390625 per share for Series B, $0.3828125 per share for Series C, and $0.281250 per share for Series D [4]. Company Overview - Stifel Financial Corp. is a diversified financial services firm providing wealth management, commercial and investment banking, trading, and research services [5]. - Founded in 1890 and headquartered in St. Louis, Missouri, the firm operates over 400 offices across the United States and in major global financial centers [5].
Q4 Earnings Ahead of the Bell: BA, UNH, GM & More
ZACKS· 2026-01-27 16:36
Earnings Reports - Boeing (BA) reported a Q4 loss of -$1.91 per share after excluding a one-time sale of Digital Aviation Solutions for $10.55 billion, with revenues up +57% year over year to $23.95 billion [1] - UnitedHealth (UNH) beat earnings estimates by 2 cents at $2.11 per share, but revenues fell slightly by -0.04% to $113.22 billion, leading to a pre-market share drop of -15% [2] - General Motors (GM) exceeded earnings expectations with $2.51 per share, a +14% beat, and reported quarterly revenues of $45.29 billion, down -1.83%, while announcing a +20% increase in dividends [3] - United Parcel Service (UPS) posted earnings of $2.38 per share on revenues of $24.48 billion, beating estimates by +7.2% and +1.95% respectively, although shares were trading modestly down after initial gains [4] Market Expectations - January Consumer Confidence is anticipated to be reported at 90, slightly above the previous month's 89.1, but still below the 100 points average seen over the past four years, reflecting consumer strain from a delicate labor market and policy shifts [5] Upcoming Earnings - Texas Instruments (TXN) is expected to report Q4 earnings with flat year-over-year growth but a +10.7% increase in revenues, continuing a streak of eight consecutive quarterly earnings beats, with the stock up +13% since the start of the year [6]
Weatherford Announces Quarterly Dividend, Increases Payout by 10%
Globenewswire· 2026-01-27 13:00
Core Viewpoint - Weatherford International plc has announced a quarterly cash dividend of $0.275 per share, marking a 10% increase from the previous quarter, reflecting the company's strong business performance and commitment to returning value to shareholders [1][2]. Financial Performance - The declared dividend of $0.275 per share is payable on March 5, 2026, to shareholders of record as of February 6, 2026 [1]. - The 10% increase in the dividend indicates a positive trend in the company's financial health and operational execution [1][2]. Strategic Focus - The CEO of Weatherford emphasized that the dividend increase is a result of a healthy balance sheet, disciplined capital allocation, and strong free cash flow generation [2]. - The company remains committed to investing in long-term growth while returning value to shareholders [2]. Company Overview - Weatherford provides innovative energy services that combine proven technologies with advanced digitalization to maximize value and return on investment [2]. - The company operates in approximately 75 countries with around 17,000 employees from over 110 nationalities across 310 operating locations [2].
Franco-Nevada Declares 19th Consecutive Annual Dividend Increase and Announces Chair Succession Plans
Prnewswire· 2026-01-26 11:00
Dividend Announcement - Franco-Nevada Corporation has raised its quarterly dividend to US$0.44 per share, an increase of approximately 16% from the previous US$0.38 per share [1] - This marks the 19th consecutive annual increase for Franco-Nevada shareholders, with Canadian investors from the IPO in December 2007 now receiving an effective yield of 16.1% on their cost base [1] Board Succession Planning - David Harquail will be appointed as Chair Emeritus effective May 12, 2026, after serving as CEO and non-executive Chair, contributing to the company's strong shareholder value creation [2] - Tom Albanese is set to be appointed as the independent non-executive Chair of the board effective May 12, 2026, bringing extensive experience from previous CEO roles at Rio Tinto Plc. and Vedanta Resources Plc [3] Dividend Reinvestment Plan - The company offers a Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest dividends to purchase additional shares at a discount of 1% from the Average Market Price [5] - Participation in the DRIP is optional, and details are available on the company's website, with provisions for both Canadian and U.S. registered shareholders to enroll online [5] Corporate Overview - Franco-Nevada Corporation is a leading gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets, operating debt-free and utilizing free cash flow for portfolio expansion and dividends [7] - The company trades under the symbol FNV on both the Toronto and New York stock exchanges, positioning itself as a viable gold investment option [7]
Ericsson Lifts Dividend and Proposes $1.7 Billion Buyback
WSJ· 2026-01-23 06:48
Core Viewpoint - Ericsson aims to return cash to shareholders following the recent sale of its U.S.-based Iconectiv business and ongoing cost-cutting measures [1] Group 1 - The sale of the Iconectiv business is a strategic move to enhance shareholder value [1] - Continued cost-cutting measures are being implemented to improve financial performance [1]
East West Bancorp signals 5–7% loan and net interest income growth for 2026 while raising dividend by 33% (NASDAQ:EWBC)
Seeking Alpha· 2026-01-23 00:55
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
WEC Energy Group raises quarterly dividend by 6.7 percent
Prnewswire· 2026-01-22 20:05
Core Viewpoint - WEC Energy Group has declared a quarterly cash dividend of 95.25 cents per share, marking a 6.7% increase from the previous dividend of 89.25 cents per share, raising the annual dividend rate to $3.81 per share [1][2]. Company Overview - WEC Energy Group serves approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, and is recognized as one of the nation's premier energy companies [3]. - The company has a diverse portfolio of utilities, including We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources [4]. - WEC Infrastructure LLC, a subsidiary, owns a growing fleet of renewable generation facilities across various states, including South Dakota and Texas [4]. - The company is a Fortune 500 entity and a component of the S&P 500, with around 32,000 stockholders of record and over $49 billion in assets [5]. Dividend History - The upcoming dividend payment on March 1, 2026, will be the 334th consecutive quarter of dividend payments since 1942 [2]. - The declared dividend increase signifies the 23rd consecutive year of dividend increases for stockholders [3]. - The company aims for a dividend payout ratio of 65 to 70 percent of earnings [3].
J. B. Hunt Transport Services, Inc. Announces Increase to Quarterly Dividend
Businesswire· 2026-01-22 19:30
Core Viewpoint - J.B. Hunt Transport Services, Inc. has announced a quarterly dividend increase of 2.3% to $0.45 per common share, reflecting the company's commitment to returning value to shareholders [1] Dividend Announcement - The Board of Directors declared a regular quarterly dividend of $0.45 per common share [1] - This represents a 2.3% increase over the previous quarterly dividend [1] - The dividend is payable to stockholders of record on February 6, 2026, and will be paid on February 20, 2026 [1]