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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
EFFINGHAM, Ill., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.32 per share of its common stock, an increase of 3.2% from the previous quarterly cash dividend of $0.31 per share. The dividend is payable on August 22, 2025 to all shareholders of record as of the close of business on August 15, 2025. The Board of Directors also declared a cash dividend of $0.4844 per depository share on its 7.7 ...
TMX Group Limited Increases Dividend by 10% to $0.22 per Common Share
Newsfile· 2025-07-31 21:04
TMX Group Limited Increases Dividend by 10% to $0.22 per Common ShareJuly 31, 2025 5:04 PM EDT | Source: TMX Group LimitedToronto, Ontario--(Newsfile Corp. - July 31, 2025) - The Board of Directors of TMX Group Limited today declared a dividend of $0.22 on each common share outstanding, an increase of $0.02 or 10%. This dividend is payable on August 29, 2025 to shareholders of record at the close of business on August 15, 2025."TMX Group's fifth dividend increase in three years reflects the st ...
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
CONSHOHOCKEN, Pa., July 30, 2025 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a $0.508 per share quarterly cash dividend, an increase of 4.7% over the prior dividend.  The quarterly dividend is payable on October 31, 2025, to shareholders of record at the close of business on October 17, 2025.Joseph A. Berquist, Chief Executive Officer and President commented, "Today's dividend increase announcement reflects our confidence in the future of Quaker Houghton and our abil ...
Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares
GlobeNewswire News Room· 2025-07-29 20:30
EDMONTON, Alberta, July 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.6910 per share on the outstanding common shares for the quarter ending September 30, 2025. The dividend is payable on October 31, 2025 to shareholders of record at the close of business on September 29, 2025. The quarterly dividend of $0.6910 per common share compared to the previous $0.6519 dividend represents a 6% increase, and an annualized divid ...
Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares
Globenewswire· 2025-07-29 20:30
EDMONTON, Alberta, July 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.6910 per share on the outstanding common shares for the quarter ending September 30, 2025. The dividend is payable on October 31, 2025 to shareholders of record at the close of business on September 29, 2025. The quarterly dividend of $0.6910 per common share compared to the previous $0.6519 dividend represents a 6% increase, and an annualized divid ...
Union Pacific's Turnaround Gains Momentum With Stellar Q2 Operations
Benzinga· 2025-07-25 16:18
Core Insights - Union Pacific Corp. is experiencing a significant acceleration in operational and financial performance, driven by productivity gains and a strong earnings beat in the latest quarter [1] - The company has received a Buy rating from Bank of America Securities, with an increased price forecast reflecting confidence in its operational trajectory under CEO Jim Vena [2][3] - Analysts expect a strong earnings recovery, with projected EPS growth from $11.06 in 2024 to $13.20 in 2026, aligning with management's long-term growth targets [4] Financial Performance - In the second quarter, Union Pacific reported $6.15 billion in revenue, a 2% year-over-year increase, supported by 4% volume growth and strong core pricing [6] - Adjusted operating income rose 5% to $2.53 billion, with key efficiency metrics showing improvements: freight car velocity up 10%, locomotive productivity up 5%, and workforce productivity up 9% [6] - The board approved a 3% increase in the quarterly dividend to $1.38 per share, reaffirming full-year guidance towards the high end of long-term growth outlook [7] Analyst Ratings and Price Targets - Wells Fargo analyst maintained an Overweight rating and raised the price target from $250 to $260, while Evercore ISI slightly trimmed its price target from $244 to $238 [8] - Jefferies analyst upgraded the stock from Hold to Buy, significantly increasing the price target from $250 to $285 [8] Market Dynamics - The proposed merger talks with Norfolk Southern are seen as strategically aligned with U.S. infrastructure modernization efforts, despite potential dilution risks [5] - Union Pacific is expected to maintain healthy leverage between 2.7x and 3.0x, continue its share repurchase program, and reaccelerate top-line growth [5]
Home Federal Bancorp, Inc. of Louisiana Increases Quarterly Cash Dividend for 12th Consecutive Year
Globenewswire· 2025-07-23 20:30
Core Points - Home Federal Bancorp, Inc. of Louisiana declared a quarterly cash dividend of $0.135 per share, payable on August 18, 2025, to shareholders of record as of August 4, 2025 [1] - This marks the twelfth consecutive annual increase in the dividend rate and the 81st consecutive quarterly cash dividend, demonstrating the company's commitment to shareholder value and confidence in its financial strength [2] - The dividend increase reflects a payout ratio of approximately 49.5% based on earnings for the trailing four fiscal quarters ended March 31, 2025 [2] Company Overview - Home Federal Bancorp, Inc. is the holding company for Home Federal Bank, which operates ten full-service banking offices in northwest Louisiana [2]
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND
Prnewswire· 2025-07-23 20:03
Group 1 - Penske Automotive Group, Inc. announced a quarterly dividend increase of 4.8% to $1.32 per share, marking the 19th consecutive quarterly increase [1][2] - The dividend is payable on September 3, 2025, to shareholders of record as of August 15, 2025 [1] - The increase reflects the company's strong balance sheet and cash flow, as stated by President Robert H. Kurnick, Jr. [2] Group 2 - Penske Automotive Group operates internationally, with dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia [2] - The company is one of the largest retailers of commercial trucks in North America and employs over 28,700 people worldwide [2] - Penske Automotive owns 28.9% of Penske Transportation Solutions, which manages a large trucking fleet and provides transportation and supply chain solutions [2]
MATSON INCREASES QUARTERLY DIVIDEND TO $0.36 PER SHARE
Prnewswire· 2025-06-26 20:10
Company Overview - Matson, Inc. is a leading provider of ocean transportation and logistics services, founded in 1882 [3] - The company offers vital ocean freight transportation services to Hawaii, Alaska, Guam, and other Micronesian islands, as well as expedited services from China to Long Beach, California [3] - Matson's fleet includes containerships, combination container and roll-on/roll-off ships, and barges, with logistics services extending throughout North America and Asia [3] Dividend Announcement - The Board of Directors has declared a third quarter dividend of $0.36 per common share, marking a 5.9% increase from the previous quarter [1] - This increase represents the thirteenth consecutive annual increase to Matson's quarterly dividend, reflecting the strength of the business and confidence in long-term free cash flow growth [2] Capital Allocation Strategy - The company emphasizes a disciplined approach to capital allocation, committing to return excess capital to shareholders through share repurchases after funding dividends and supporting operations [2] - Matson aims to maintain an investment-grade balance sheet while investing in growth opportunities [2]