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Tag: dividend
BT suspends 2.5bn dividend in wake of pandemic
2020-05-07 02:00:00| Total Telecom industry news
Last month, Orange became the first major operator to cut its dividend, reducing by 30% in the wake of coronavirus-related losses. Now, BT has announced that it will go one step further, scrapping both the last £1 billion dividend of 2019, as well as those of the coming financial year, projected to be worth around £…read more on TotalTele.com »
Tags: of
wake
dividend
pandemic
Disney streaming losses swell on expansion costs, skips dividend
2020-05-06 08:54:00| Telecompaper Headlines
(Telecompaper) Disney reported a sharp increase in losses from its streaming business in its fiscal second quarter to March. The operating loss swelled to USD 812 million from USD 385 million a year ago at the Direct-to-Consumer & International division, while revenues jumped from USD 1.1 billion to USD 4.1 billion. This follows the acquisition of 100 percent of Hulu in March 2019 and costs for the launch of Disney+.
Tags: costs
expansion
disney
losses
Apple increases dividend, share buybacks amid in-line Q1
2020-05-01 09:54:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues for its fiscal second quarter to end March in line with expectations, up 1 percent year-on-year to USD 58.313 billion, but said service revenues reached a new all-time high of USD 13.348 billon (from 11.450 billion) and that wearables also reached record levels. Earnings per share lifted 4 percent meanwhile to USD 2.55. International sales accounted for 62 percent of total revenues and the operating cash flow increased by USD 2.2 billion to 13.3 billion. As a result, the company has lifted its quarterly cash dividend by 6 percent to USD 0.82 per share, from 0.77 per share in the previous quarter. The company also upped its existing share buyback programme by USD 50 billion.
Tags: share
apple
increases
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Shell cuts dividend for first time since WW2
2020-04-30 09:48:13| BBC News | Business | UK Edition
Royal Dutch Shell slashes its quarterly dividend by two-thirds amid the global oil price shock.
Exxon Mobil to Maintain Dividend Despite Oil Price Plunge
2020-04-29 23:30:00| OGI
Exxon Mobil on April 29 declared a cash dividend of $0.87 cents per sharethe same level as what the company paid its shareholders in first-quarter 2020.
Tags: price
oil
maintain
mobil
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