January 10, 2013 |
Ford Motor Co. declared a first-quarter dividend of $0.10 per share, double the quarterly dividend it paid last year. The automaker had only reinstated paying dividends last year as preserved cash to survive the recession and U.S. auto industry restructuring of recent years. “Our ability to double our dividend in one year is a testament to our One Ford plan, which has enabled us to maintain a solid balance sheet, while at the same time growing our business to provide our shareholders with more return on their investments,” said Bob Shanks, Ford's chief financial officer.
March 23, 2011 |
Bank of America Corp. revealed Wednesday that the Federal Reserve rejected its plan for a modest dividend increase in the second half of the year, even as other large banks are raising dividends in the first half of the year. The bank, based in Charlotte, said in a securities filing that it would continue to work with the Fed and planned to submit a revised capital plan that would again call for a modest increase in the quarterly dividend, now at 1 cent a share. A spokesman said BofA would resubmit its proposal in "the coming months.
June 16, 2010 |
The threat of a reduction in the dividend paid by energy giant BP is bringing up bad memories for investors who have suffered similar cuts by other once-reliable companies in the last decade. Under pressure from the Obama administration to show it can foot the bill for the oil spill cleanup in the Gulf of Mexico, BP is contemplating slashing or even suspending the $10.5 billion a year it currently distributes to its shareholders. A decision could come Wednesday after company executives meet with the president.
March 19, 2012 |
Apple Inc. said today it will begin spending part of its nearly $100-billion cash stockpile on a quarterly dividend, as well as a three-year stock buyback program. The company said it will pay shareholders $2.65 per share each quarter beginning in Apple's fiscal fourth quarter, which starts July 1. The company said it hopes the dividend will make Apple stock a more attractive investment to wider base of investors, including those looking to make regular income from owning the stock.
March 26, 2014 |
WASHINGTON -- The Federal Reserve said Wednesday it rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after annual stress tests. Those tests raised questions about weaknesses in the risk-planning processes of Citi and three other banks. And the Fed rejected the capital distribution plan of one firm, Zions Bancorporation of Salt Lake City, because of concerns about its financial health during a extreme financial downturn. Overall, 25 of the 30 biggest banks received regulatory approval to pay back money to shareholders after the tests indicated the firms could withstand a severe economic shock even after shedding that capital.
July 24, 2012 |
Apple Inc.announced it would pay a dividend of $2.65 per share on Aug. 16. The company made the announcement during its fiscal third-quarter earnings call Tuesday afternoon, saying the dividends will go to Apple stockholders of record on the close of business Aug. 13. “We're continuing to invest in the growth of our business and are pleased to be declaring a dividend of $2.65 per share,” Peter Oppenheimer, Apple's chief financial officer, ...