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Olympic Steel Inc. (ZEUS) Plans Quarterly Dividend of $0.02

2014-05-02 07:03:12| Steel - Topix.net

Olympic Steel declared a quarterly dividend on Thursday, May 1st, AR Network reports.

KDDI plans further dividend increase after strong FY results

2014-04-30 11:20:00| Telecompaper Headlines

(Telecompaper) KDDI pledged a further increase in results in the year to March 2015, after strong growth in the past year, helped by its takeover of cable operator J:Com. It also plans to raise its dividend by 23 percent in the current fiscal year, to JPY 160 per share. In the year to March 2014, the Japanese operator grew revenue 18 percent to JPY 4.33 trillion, and operating profit was up 29 percent to JPY 663 billion. Free cash flow grew more than four-fold to JPY 226 billion, and the dividend was increased 44 percent, to JPY 130 per share. Fur the current year, the company forecast revenues up 6 percent to JPY 4.6 trillion and 10 percent growth in operating profit to JPY 730 billion. Net profit is expected to improve 27 percent to JPY 508 per share. KDDI plans only a small increase in capital expenditure this year, after reaching 99 percent LTE population coverage in March. The budget is estimated at JPY 580 billion this year, versus JPY 572 billion last year, with the share of mobile rising to JPY 380 billion from JPY 344 billion. The latter will go towards the nationwide roll-out of LTE-A from this summer. At the mobile division au, the operator expects to turnaround ARPU, which fell 0.2 percent last year. Building on a small recovery in fiscal Q4, more devices per customer and bundled offers with fixed services, au targets 1.2 percent growth in ARPU this year to JPY 4,250. Mobile customer growth should also remain strong, at an estimated 2.65 million net additions this year, versus 2.81 million last year.

Tags: results increase strong plans

Methanex ups dividend 25%; plans to buy back up to 5% per cent of its sares

2014-04-30 06:35:59| Chemicals - Topix.net

Methanex Corp. says it plans to return "excess cash" to shareholders in the form of a 25 per cent increase in its quarterly dividend and a buyback of up to five per cent of its more than 96 million shares.

Tags: back its buy plans