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CIBC Raises Dividend; Profit Beats Views

2016-02-26 08:15:39| Grocery - Topix.net

Canadian Imperial Bank of Commerce, Canada's fifth-largest bank by assets, raised its dividend Thursday and reported a fiscal first-quarter profit that beat expectations even as lower crude-oil prices pinched its results.

Tags: views profit raises beats

 

FedEx Co. (FDX) Raises Dividend to $0.25 Per Share

2016-02-19 21:55:06| Air Courier - Topix.net

FedEx Co. declared a quarterly dividend on Friday, February 19th, ARN reports. Stockholders of record on Monday, March 14th will be paid a dividend of 0.25 per share by the shipping service provider on Friday, April 1st.

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Cisco raises dividend 24% after strong Q2

2016-02-11 08:14:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenue for its fiscal second quarter to 23 January up 2 percent year-on-year to USD 11.8 billion. The results exclude its set-top box business sold to Technicolor and were at the high end of Cisco's forecast for flat to 2 percent higher sales in the quarter. The company's net profit jumped 31 percent to USD 3.1 billion, and adjusted EPS increased 8 percent to USD 0.57. Cisco CEO Chuck Robbins said the strong Q2 results were down to "managing the business extremely well in a challenging macro environment". The company also announced a 24 percent increase in its quarterly dividend to USD 0.26 per share and approval for a USD 15 billion increase in the share buyback programme, for a total USD 16.9 billion. For the third quarter, Cisco forecast 1-4 percent growth in revenues, excluding the set-top box business, and adjusted EPS of USD 0.54-0.56. 

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Comcast raises dividend as cable subscriber growth returns

2016-02-03 13:27:00| Telecompaper Headlines

(Telecompaper) US cable operator Comcast showed a continued improvement in TV subscribers in the fourth quarter of 2015, adding a net 89,000 new customers, its best quarterly performance in nine years. The gradual improvement over the course of 2015 meant the company lost only 36,000 TV subscribers over the full year, to finish 2015 with a total base of 22.347 million. In broadband, net additions totaled 1.367 million in the year and 460,000 in Q4 to reach a total of 23.329 million subscribers. The bigger customer base, along with price increases and customers taking higher-tier and more services led to a 5.9 percent annual increase in cable revenues in the fourth quarter to USD 12.0 billion. Operating cash flow for cable rose a slower 4.6 percent to USD 4.9 billion. Comcast's net earnings were up 6.8 percent to USD 0.79 per share. After the strong results, Comcast said it's increasing its quarterly dividend by 10 percent to USD 1.10 per share and will start a programme to buy back up to USD 5 billion of its shares. 

Tags: returns growth cable subscriber

 

Ethan Allen Interiors Inc. (ETH) Raises Dividend to $0.17 Per Share

2016-01-28 05:13:11| Furniture - Topix.net

Ethan Allen Interiors Inc. announced a quarterly dividend on Wednesday, January 27th, ARN reports. Shareholders of record on Monday, April 11th will be paid a dividend of 0.17 per share on Monday, April 25th.

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