Dividend

Dividend payouts set another record in the second quarter, a reassuring sign to investors who have flocked to steady, income-generating stocks during the market downturn this year.The companies in the S&P 500 paid out a record $140.6 billion in dividends in the most recent quarter, according to S&P Dow Jones Indices. That’s up from $137.6 billion in the first three months of the year and $123.4 billion in the same quarter last year. Annual dividend payouts have notched new highs every year for a decade, excluding…

Fidson Healthcare is to pay shareholders over N1 billion in dividend and also issue them one new share for every 10 they own in the company, both representing the planned compensation for holders of its common stock for the financial year 2021. The cash reward proposal enables shareholders to get a dividend of N0.50 per share, with qualification date for it as well as the scrip issue set for July 8, the pharmaceutical firm said on Friday in a note to the Nigerian Exchange Limited. Fidson will have doled out…

A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California.Justin Sullivan | Getty Images News | Getty ImagesLevi Strauss on Thursday reported quarterly revenue and earnings that came in above Wall Street expectations, as the clothing company known for its denim said it benefitted from Americans opting for more relaxed dress codes.The San Francisco company increased its quarterly dividend and stood by its guidance for the year. Its shares were up about 4% at $17.08…

Flour Mills Nigeria PLC will reward shareholders with a dividend payout of N8.82 billion, translating to N2.15 per share for the financial year 2021, the firm said in a notice published on the Nigerian Exchange Limited (NGX) on Wednesday, seen by PREMIUM TIMES. The consumer goods manufacturer said payment of the dividend is subject to appropriate withholding tax and will go to shareholders whose names appear in the register of members as of the close of business on August 12, 2022. The…

CNBC's Jim Cramer on Tuesday offered investors a list of stocks he believes will help investors' portfolios withstand the geopolitical and economic issues currently roiling the stock market."When the market comes down so far, so fast, you can find genuinely good buying opportunities," the "Mad Money" host said."You've got to be selective because the market remains horrific. That means picking at the kind of defensive stocks that can hold up just fine even with inflation and the very real possibility of a Fed-mandated…

FedEx says it will add two members to its board immediately and a third later. The company also adjusted its executive-compensation program and increased its quarterly dividend. FedEx says it will add two members to its board immediately and a third later. The company also adjusted its executive-compensation program and increased its quarterly dividend. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each…

Target raised the quarterly dividend to $1.08 from 90 cents previously. Photo: Joe Raedle/Getty Images…