Tag: dividend

28 JUN

Walgreens beats, hikes its dividend, and announces a $10 billion share buyback program (WBA)

Wikicommons Walgreens Boots Alliance beat on both the top and bottom lines. The company hiked its dividend and announced a $ 10 bilion share buyback program. (Reuters) – Walgreens Boots Alliance Inc’s third-quarter profit beat analysts’ expectations on Thursday, benefiting from its acquisition of Rite Aid Corp stores, and the drugstore chain authorized a $ 10 billion […]

13 NOV

General Electric just slashed its dividend — and that could save its stock from free-fall (GE)

Reuters / Brendan McDermid General Electric announced on Monday that it’s cutting its quarterly dividend distribution in half. The decision comes at a time when equity investors are rewarding companies that are reinvesting in their own businesses, relative to those that pay dividends and repurchase stock. On the surface, General Electric‘s decision to slash its […]

13 NOV

General Electric slashes its dividend by 50% (GE)

Reuters General Electric’s board of directors announced it was cutting its dividend 50% to $ 0.12 a share. The company is said to be considering other cost-cutting measures.  This was the first dividend cut by GE since 2009.   General Electric‘s board of directors announced on Monday it is cutting its dividend in half  — […]