Dividends

Check out the companies making headlines before the bell:JPMorgan Chase (JPM) – JPMorgan Chase was down 2.9% in premarket trading after falling 12 cents shy of estimates with a quarterly profit of $2.76 per share. It also announced it was temporarily suspending share buybacks. CEO Jamie Dimon said inflation, waning consumer confidence and other factors were likely to have a negative effect on the global economy.Morgan Stanley (MS) – Morgan Stanley reported quarterly earnings of $1.39 per share, 14 cents shy of consensus…

Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois.Christopher Dilts | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.JPMorgan Chase – Shares of JPMorgan Chase sunk nearly 4% and hit a 52-week low after the bank reported quarterly earnings that missed analyst expectations, as the bank built reserves for bad loans. CEO Jamie Dimon said that high inflation, waning consumer confidence and geopolitical tension…

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…

A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China.VCG | Getty ImagesPepsiCo on Tuesday raised its revenue outlook for the year as consumers snacked on more Doritos chips and drank more Gatorade in its latest quarter.Shares of the company rose less than 1% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Earnings per share: $1.86 adjusted vs. $1.74 expectedRevenue:…

Check out the companies making headlines before the bell:Accenture (ACN) – The consulting firm's shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were impacted by the cost of its Russia exit. Accenture raised its full-year revenue forecast but cut the top end of its projected earnings range due to a greater-than-expected negative impact from foreign exchange.Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported better-than-expected profit and…

An Olive Garden restaurant in Silverdale. Darden Restaurants, Inc. which owns Olive Garden and other restaurant chains is scheduled to report its fourth-quarter 2022 earnings on June 23.Toby Scott | Lightrocket | Getty ImagesDarden Restaurants on Thursday reported quarterly earnings and revenue that beat analysts' expectations, despite experiencing high inflation that weighed on its profits.Shares of the company were flat in premarket trading.Here's what the company reported compared with what Wall Street was expecting,…

Check out the companies making headlines before the bell:Winnebago (WGO) – The recreational vehicle maker saw its stock jump 3.4% after it beat top and bottom-line estimates for its latest quarter. Winnebago earned an adjusted $4.13 per share, compared with a consensus estimate of $2.96, helped by higher prices and a jump in its gross profit margins.La-Z-Boy (LZB) – La-Z-Boy rallied 8.2% in premarket trading after posting better-than-expected quarterly results that included record sales for the furniture maker. The…

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…

These are the stocks posting the largest moves before the bell. These are the stocks posting the largest moves before the bell. 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 content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please…

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