Shareholders

Business News: Companies announce dividends and other corporate actions

Hess, CME Group, Cisco, Packaging Corporation of America, Equity Residential, and Bristol-Myers Squibb Company announce dividends or other corporate actions Yesterday, multiple companies announced dividends and other corporate actions, including: Hess (NYSE:HES) announced quarterly cash dividend for preferred stockholders of $20 per share on the Company’s 8.00% Series A Mondatory Convertible Preferred Stock, which is equivalent … Continue reading Business News: Companies announce dividends and other corporate actions

SACRAMENTO, Calif. | Utility asked last month to hike bills over California fires

SACRAMENTO, Calif. — A utility facing severe financial pressure amid speculation its equipment may have sparked a deadly Northern California wildfire asked U.S. energy regulators last month for permission to raise its customers’ monthly bills to harden its system against wildfires and deliver a sizable increase in profits to shareholders. In an October filing with … Continue reading SACRAMENTO, Calif. | Utility asked last month to hike bills over California fires

Business News: Amdocs Limited Fourth Quarter Results for Fiscal 2018

Amdocs Limited Record Quarterly Revenue of $1 Billion Amdocs Expects Fiscal 2019 Revenue Growth of 2.0%-6.0% YoY in Constant Currency Amdocs Quarterly Cash Dividend to be Raised From $0.25 to $0.285 Per Share Fourth Quarter Fiscal 2018 Highlights Revenue of $1 billion, slightly above the midpoint of the $980-$1,020 million guidance range including a negative … Continue reading Business News: Amdocs Limited Fourth Quarter Results for Fiscal 2018

What to do when a fund in your portfolio closes

The past decade has seen an explosion in new exchange-traded funds. Investors have flocked to ETFs because they trade like individual stocks, but offer the diversification benefits of mutual funds — all at a low cost. But not all funds attract investors, and ETFs are dying off at a near-record rate this year. Fund closures … Continue reading What to do when a fund in your portfolio closes

Business News: Huntington Ingalls Industries Increases Quarterly Dividend to $0.86 per share

NEWPORT NEWS, VA – Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $0.86 per share, a $0.14 increase over the $0.72 per share dividend paid in each of the prior four quarters.  The $0.86 per share dividend will be payable on Dec. 14, 2018, to … Continue reading Business News: Huntington Ingalls Industries Increases Quarterly Dividend to $0.86 per share

Business News: Emerson Increases Quarterly Cash Dividend

ST. LOUIS, MO – The board of directors of Emerson (NYSE: EMR) today voted to increase the regular quarterly cash dividend by one-half cent to forty-nine cents ($0.49) per share of common stock payable December 10, 2018 to stockholders of record November 16, 2018. “Increasing our dividend, as we have done every year since 1956, … Continue reading Business News: Emerson Increases Quarterly Cash Dividend

Business News: ADP Increases Cash Dividend; Marks 44th Consecutive Year of Dividend Increases

ROSELAND, N.J. – The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) approved a $0.10 increase in the quarterly cash dividend to an annual rate of $3.16 per share, Carlos Rodriguez, ADP’s president and chief executive officer, announced today.  The increased cash dividend marks the 44th consecutive year in which ADP, a leading … Continue reading Business News: ADP Increases Cash Dividend; Marks 44th Consecutive Year of Dividend Increases

Business News: Cboe Global Markets Reports Results for Third Quarter 2018

Cboe Global Markets, Inc. Third Quarter 2018 Highlights* • Diluted EPS of $0.76, up 43 Percent • Adjusted Diluted EPS of $1.06¹, up 19 Percent • Net Revenue of $270.5 Million Compared to $269.7 Million in Third Quarter 2017 • $84 Million of Capital Returned to Shareholders CHICAGO, IL – Cboe Global Markets, Inc. (Cboe: … Continue reading Business News: Cboe Global Markets Reports Results for Third Quarter 2018