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Tag: dividends
Spark raises dividends as underlying profits improve
2015-08-21 09:30:00| Telecompaper Headlines
(Telecompaper) New Zealand operator Spark reported revenues for its fiscal year to June down 2.9 percent to NZD 3.531 billion, as growth in mobile and IT services revenues was offset by the continued decline in calling and access revenue. EBITDA from continuing operations rose 2.8 percent to NZD 962 million, helped by a 5 percent fall in operating costs, and net profit increased 16.1 percent to NZD 375 million. Including discontinued operations, net profit was down 18.5 percent following a gain on the sale of Australian unit AAPT. After an increase in capital expenditure last year for one-off projects such as the Single RAN and re-engineering, Spark forecast a drop in spending next year. The group also completed its 'Turnaround Programme' in the past year, helping increase operating cash flow. This should help boost the dividend to 22 cents a share, from 20 cents for the past year and 17 cents the previous year. Spark also plans a special dividend of 3 cents a share next year.
Tags: improve
underlying
profits
raises
Low Oil Prices Squeeze Energy Dividends
2015-07-25 17:25:51| Energy - Topix.net
Chesapeake Energy's dividend was the latest casualty of the energy sector's pricing woes. The oil-and-gas producer suspended its 35-cent annual dividend, saving $235 million annually.
Low Oil Prices Squeeze Energy Dividends
2015-07-25 14:38:27| Oil & Gas - Topix.net
Chesapeake Energy's dividend was the latest casualty of the energy sector's pricing woes. The oil-and-gas producer suspended its 35-cent annual dividend, saving $235 million annually.
10 Companies Creating Real Wealth With Higher Cash Dividends
2015-07-25 01:14:48| Appliances - Topix.net
Below are several select companies that recently decided to create real value for their shareholders by raising their cash dividends. A stock dividend , also known as a "scrip dividend," is a dividend payment made with stock instead of cash.
Tags: real
companies
higher
cash
Will United Parcel Service, Inc. Continue To Deliver The Dividends?
2015-07-08 08:48:15| Air Courier - Topix.net
United Parcel Service is a dividend contender with 6 consecutive years of dividend growth. The company generate revenues through both delivery of goods and supply chain management.
Tags: service
united
continue
deliver
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