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Tag: dividend
Comcast raises dividend 10% after solid growth in earnings, cash flow in 2019
2020-01-23 13:42:00| Telecompaper Headlines
(Telecompaper) Comcast has announced another 10 percent increase in its dividend, after reporting double-digit growth in underlying earnings and record free cash flow for 2019. This is the company's 12th consecutive annual increase and comes despite expected additional investment in the launch of its Peacock streaming service this year.
PPG Directors Announce Quarterly Dividend of 51 Cents Per Share
2020-01-17 17:00:00| Coatings World Breaking News
Tags: per
share
directors
quarterly
Range Resources Goes Ex-growth, Suspends Dividend
2020-01-07 21:00:00| OGI
Analysts with Tudor, Pickering, Holt & Co. viewed going ex-growth as the right move for Range Resources given the current gas macro environment but continued asset sales to remain key.
Tags: range
resources
dividend
suspends
Last week in media: Google and Facebook scrutinised, AT&T raises dividend, Comcast provides details on Peacock
2019-12-16 07:01:00| Telecompaper Headlines
(Telecompaper) Last week's biggest winners and losers included two troubled companies. ComScore was up 9.7 percent and now trades at almost triple the value last August, when it appeared to be in acute danger. McClatchy took a 24 percent hit and seems to be permanently reduced to penny stock status. Japan's TV Asahi was the weeks winner, up 17 percent. Four of the largest companies in the Telecompaper Global Media index traded in negative territory last week, including Facebook, Comcast, Netflix and Disney. All in all, our index was down 0.2 percent, whereas the S&P 500 was up 0.7 percent in week 50.
Symantec lifts dividend after Q4 in-line with lowered expectations
2019-12-13 09:53:00| Telecompaper Headlines
(Telecompaper) Broadcom, which completed its buy of Symantec for USD 10.7 billion in November, has now increased its quarterly dividend by 23 percent sequentially to USD 3.25, after reporting revenues in line with expectations and record profitability for the full year despite a challenging market backdrop, CEO Hock Tan said. The company had lowered its revenue guidance in June by USD 2 billion on "anticipated headwinds from wireless", and namely on the back of export restrictions to one of the company's largest customers, Huawei. Looking ahead to 2020, it sees revenues going back somewhat to their previous expected levels, to USD 25 billion, plus or minus USD 500 million, up 11 percent from the fiscal year 2019 at the midpoint of guidance. Adjusted EBITDA is expected to expand by over USD 1 billion to USD 13.75 billion, plus or minus USD 250 million.
Tags: expectations
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symantec
dividend
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