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Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2025 Earnings Webcast
Globenewswire· 2026-01-15 22:00
Core Viewpoint - Targa Resources Corp. has declared a quarterly cash dividend of $1.00 per common share for the fourth quarter of 2025, with plans to recommend an increase to $1.25 per share for the first quarter of 2026 [2][3]. Dividend Announcement - The quarterly cash dividend of $1.00 per common share will be paid on February 13, 2026, to shareholders of record as of January 30, 2026 [2]. - The annualized dividend based on the fourth quarter payment is $4.00 per common share [2]. Future Dividend Plans - For the first quarter of 2026, Targa intends to recommend an increase in the common dividend to $1.25 per share, which would annualize to $5.00 per share if approved [3]. Financial Reporting - Targa will report its fourth quarter 2025 financial results before the market opens on February 19, 2026, and will host a live webcast at 10:00 a.m. Central Time to discuss these results [4][5]. Company Overview - Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America, focusing on the delivery of energy across the United States and to international markets [7]. - The company connects natural gas and natural gas liquids (NGLs) to markets with growing demand for cleaner fuels [7]. - Targa is a FORTUNE 500 company and is included in the S&P 500 [8].
Commercial Metals Company (NYSE: CMC) Quarterly Earnings Preview
Financial Modeling Prep· 2026-01-07 13:00
Core Viewpoint - Commercial Metals Company (CMC) is positioned strongly in the steel and metal industry, with upcoming quarterly earnings expected to show continued growth in both earnings per share and revenue [1][2][6] Financial Performance - Earnings per share (EPS) for the upcoming quarter is projected at $1.55, an increase from $1.54 in the same quarter last year, which was a significant rise from 78 cents per share the year before [2][6] - Revenue is expected to reach $2.05 billion, up from $1.91 billion a year earlier, indicating steady growth in sales [2][6] Dividend and Stock Performance - CMC declared a quarterly dividend of 18 cents per share, reflecting its commitment to returning value to shareholders [3][6] - The stock price increased by 1.3%, closing at $72.69, following the dividend announcement [3][6] Analyst Ratings and Valuation - Wells Fargo analyst Timna Tanners maintained an Overweight rating on CMC and raised the price target from $68 to $79, indicating confidence in the company's future performance [3] - The company has a P/E ratio of 98.42, suggesting high expectations for future growth, while the price-to-sales ratio is 1.06 and the enterprise value to sales ratio is 1.10, indicating a fair valuation relative to sales [4] Financial Health - CMC's debt-to-equity ratio stands at 0.32, indicating a low level of debt compared to equity, which reflects a solid financial position [5] - The current ratio of 2.78 demonstrates a strong ability to cover short-term liabilities with short-term assets, highlighting the company's solid liquidity position [5]
Barings Participation Investors Announces Quarterly Cash Dividend Of $0.37 Per Share
Businesswire· 2025-10-09 19:00
Core Viewpoint - Barings Participation Investors has declared a quarterly dividend of $0.37 per share, indicating a commitment to returning value to shareholders [1] Group 1: Dividend Announcement - The quarterly dividend of $0.37 per share is payable on November 14, 2025 [1] - Shareholders of record on November 3, 2025, will be eligible to receive the dividend [1] Group 2: Financial Reporting - The Trust will report preliminary financial results for the third quarter of 2025 on November 13, 2025 [1] Group 3: Company Overview - Barings Participation Investors is a closed-end management investment company [1]
Commercial National Financial Corporation Announces Share Repurchase Program & Quarterly Dividend
Globenewswire· 2025-05-22 19:23
Share Repurchase Program - Commercial National Financial Corporation's Board of Directors approved a share repurchase program with an aggregate purchase amount of $1,000,000 [1] - The authorization for the repurchase program remains in effect indefinitely, allowing the company to repurchase shares at its discretion based on various factors [2] - There is no guarantee on the specific number of shares to be repurchased, and the company can modify or terminate the program at any time [2] Quarterly Dividend - The Board of Directors declared a regular quarterly cash dividend of 14 cents per share, payable on July 1, 2025, to shareholders of record on June 13, 2025 [3] - Based on a recent closing price of $10.45 per share, the annualized dividend yield is 5.36% [3] Company Overview - Commercial National Financial Corporation is the holding company of Commercial Bank, a community bank established in 1893, headquartered in Ithaca, Michigan [4] - The bank serves five Michigan counties: Gratiot, Ingham, Montcalm, Barry, and Ottawa, focusing on the banking needs of the communities [4]