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Tag: dividends
Chorus to resume dividends thanks to copper price hike
2016-02-19 11:31:00| Telecompaper Headlines
(Telecompaper) New Zealand wholesale operator Chorus reported financial results for the six months ended 31 December 2015 down sharply on the prior period because of lower regulated copper prices since December 2014. Net profit fell to NZD 33 million from NZD 64 million for the same period in the prior year, and EBITDA dropped to NZD 275 million from NZD 321 million. Operating revenues totaled NZD 479 million and operating expenses NZD 204 million. The conclusion of the recent copper pricing review, resulting in an increase in wholesale prices, means Chorus can begin paying dividends to shareholders for the first time since late 2013, the company said. For the financial year 2016, Chorus expects to pay a dividend of 20 cents per share. An interim dividend of 8 cents per share will be paid on 5 April.
Tags: price
resume
copper
dividends
DECADE OF RED ANGUS BREED IMPROVEMENT PAYS DIVIDENDS
2016-02-18 23:47:41| Cattle Today
Denton, Texas -- In a time when commercial cattlemen are demanding profit-maximizing genetics, Red Angus breeders are stepping up to offer genetically superior bulls representing a decade of unrivaled breed improvement.
Tags: red
pays
improvement
decade
GPC hikes dividends, announces exec changes
2016-02-16 18:09:17| Auto Parts - Topix.net
At its Feb. 15 meeting, the company's board of directors increased the cash dividend payable to an annual rate of $2.63 per share compared with the previous dividend of $2.46 per share. The quarterly cash dividend of $.6575 per share is payable April 1 to shareholders of record March 4. Atlanta-based GPC, operator of NAPA Auto Parts, said it has paid a cash dividend every year since going public in 1948 - with 2016 marking the 60th consecutive year of increased dividends paid to shareholders.
Tags: announces
exec
dividends
hikes
Australian banks under pressure as revenues, dividends seen slowing
2016-02-10 01:54:20| Automakers - Topix.net
SYDNEY, Feb 9 Australia's major banks kick off their reporting season this week with their shares suffering the worst start to a year since the global financial crisis, as a slowing mortgage market and tighter capital rules crimp margins and profits. Analysts expect Commonwealth Bank of Australia to post its slowest half-yearly revenue growth since June 2014 on Wednesday, as one of the world's most profitable banking sectors comes under pressure across multiple fronts.
Tags: pressure
banks
australian
revenues
Eggs Paying Dividends
2016-02-03 02:24:05| Livestock - Topix.net
Background Cal-Maine Foods, Inc has been crushing the S&P 500 so far year to date. Shares are up 4.60% compared to the S&P 500's -6.73% which has been huge for those holding CALM in their portfolios.
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