Dividend
Google parent announces first-ever dividend; beats on sales, profit; shares soar
ALPHABET announced its first-ever dividend on Thursday (Apr 25) and a US$70 billion stock buyback, cheering investors who sent the stock surging nearly 16 per cent after the bell.The...
AstraZeneca unveils dividend hike ahead of CEO pay vote at AGM
ASTRAZENECA said on Thursday (Apr 11) it intends to increase annual dividend for 2024 by 7 per cent to US$3.10 per share, betting on strong performance and cash generation...
Huawei plans lowest dividend payout per share since 2019
HUAWEI Technologies’ parent company plans to pay 77.095 billion yuan (S$14.4 billion) in dividends to current and retired staff, it said in a Shanghai Clearing House filing on Tuesday...
JPMorgan boosts quarterly dividend 9.5% after record profit
JPMORGAN Chase & Co unexpectedly lifted its dividend 9.5 per cent in the wake of a record annual profit and as regulators signal they may rethink proposals for tightening...
South Korea to cut corporate, dividend income tax to boost shareholder returns
SOUTH Korea will provide tax cuts for companies that raise shareholder returns and also cut taxes on dividend income for shareholders in the firms, the finance minister said on...
Saudi wealth fund eyes US$20 billion windfall from Aramco dividend
SAUDI Arabia’s sovereign wealth fund is set to earn about US$5 billion in dividend payments every quarter from its stake in Aramco after the government handed it more shares...
Saudi Aramco boosts dividend despite drop in 2023 profit
Saudi Arabia’s state-owned oil giant Aramco said on Sunday (Mar 10) that it boosted its dividends last year despite net profit falling to 454.7 billion Saudi riyals (S$161.7 billion, US$121.3...
GE Aerospace sets tone with post-breakup profit goal, dividend
GENERAL Electric’s aerospace division is setting plans to return more of its profits to shareholders, including restoration of a significant dividend, as it accelerates earnings as an independent company....
