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Telenet drops dividend

2014-09-25 08:55:00| Telecompaper Headlines

(Telecompaper) Belgian cable operator Telenet announced it has decided not to propose any dividend, due to the "current operating environment". The company said it remains committed to shareholder returns in line with its long-term net debt to EBITDA target. The announcement follows a downgrade in the operator's annual outlook at its interim report in July. Telenet cut the sales growth outlook to 4-5 percent, compared to 6-7 percent previously, due mainly to a slowdown in the mobile market, while maintaining its forecast for adjusted EBITDA up 5-6 percent. The company also recently announced a major investment programme to upgrade speeds on its network as well as significant investments in content, amid the arrival of Netflix on the Belgian market. 

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Worthington Industries Declares Quarterly Dividend

2014-09-25 07:30:08| Steel - Topix.net

The dividend is payable on December 29, 2014, to shareholders of record December 15, 2014. This marks the 188th consecutive quarter that Worthington has paid a dividend since it became a public company in 1968.

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Dividend Aristocrats Part 1 of 54: Stanley Black & Decker

2014-09-25 03:06:16| Appliances - Topix.net

The Dividend Aristocrats Index is comprised of businesses that have 25 or more years of consecutive dividend increases and meet certain size and liquidity requirements. There are currently 54 Dividend Aristocrat stocks available today.

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Glatfelter to pay 11-cent-a-share dividend on Nov. 3

2014-09-24 04:32:14| Paper - Topix.net

Glatfelter, the York-based paper company, said Tuesday it will pay a dividend of 11 cents a share to holders of the company's common stock. Glatfelter will pay the dividend on Nov. 3 to shareholders of record as the close of business on Oct. 3. PORTLAND, Ore.

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Stein Mart, Inc. Declares Quarterly Dividend

2014-09-24 00:35:01| Apparel - Topix.net

Stein Mart, Inc. announced today that its Board of Directors declared a quarterly dividend of $0.075 per common share, payable on October 17, 2014 to shareholders of record as of the close of business on October 3, 2014. Stein Mart stores offer the fashion merchandise, service and presentation of a better department or specialty store, at prices competitive with off-price retail chains.

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