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Ericsson Q4 sales stable, increases dividend 13%

2015-01-27 08:31:00| Telecompaper Headlines

(Telecompaper) Ericsson reported fourth-quarter sales up 1 percent year-on-year to SEK 68.0 billion. Adjusted for comparable units and currency effects, sales declined 2 percent. Ericsson said strong sales growth in the Middle East, Europe and Asia was offset by a continued decline in North America, as US operators focused on conserving cash for acquisitions and the spectrum auction. Ericsson's operating profit fell 30 percent year-on-year to SEK 6.3 billion, the drop due to an initial licensing payment from Samsung received in Q4 2013. Excluding this, operating profit improved, primarily driven by higher software sales and efficiency enhancements at its core business. This was partly offset by higher operating expenses, related to the planned ramp up of investments in targeted areas, Ericsson said. Ericsson said it was on track with its strategy outlined in November at its capital markets day, including planned cost reductions for the period to 2017 and the exit of the modem business. The company grew cash flow in 2014 to SEK 18.7 billion from SEK 17.4 the previous year and increased its dividend for the year by 13 percent to SEK 3.40 per share.

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13 Cheap S&P 500 Dividend Achievers

2015-01-26 09:07:05| Agriculture - Topix.net

Today I'd like to introduce some dividend growth stocks with the cheapest valuation on the S&P 500. Those stocks have a forward P/E of less than 15. Buying cheap stocks doesn't mean that you can make a quick return.

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Dividend Aristocrats Yielding For The Last 50 Years

2015-01-23 19:17:27| Appliances - Topix.net

There are companies that pay dividends and then there are other companies that are dividend aristocrats. As the name indicates, these companies are literally the rulers of the dividend world.

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Con-way Inc Plans Quarterly Dividend of $0.15

2015-01-23 01:38:10| Trucking - Topix.net

Con-way declared a quarterly dividend on Thursday, January 22nd, American Banking and Market News reports. Investors of record on Friday, February 13th will be given a dividend of 0.15 per share on Friday, March 13th.

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Dividend Stock Analysis: Colgate-Palmolive

2015-01-22 23:49:36| Paper - Topix.net

Colgate-Palmolive Company is a major consumer products company that markets oral, personal and household care and pet nutrition products in more than 200 countries and territories. A significant portion of CL's sales comes from emerging markets.

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