Microsoft announces $60 billion share buyback and 10% dividend increase
Microsoft Corp. unveiled a new $60 billion share buyback program, its largest buyback authorization ever, and increased its quarterly dividend by 10%. The software company said shareholders will receive a quarterly dividend of 83 cents per share starting Nov. 21,…
Is Silvercorp Metals Inc. (SVM) the best dividend stock under $5?
We recently published a list of The 10 best dividend stocks under $5In this article, we will look at how Silvercorp Metals Inc. (NYSE:SVM) compares to the other dividend stocks under $5. Dividends have been a strong source of returns…
Dividend stocks are a hot stock due to the Fed and interest rates heading into the fall
It seems that more investors are eyeing dividend-oriented stocks ahead of the US Federal Reserve’s interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks this is a good strategy because he expects the Fed to cut interest…
PTON, WDAY, CHWY and more
Check out the companies making headlines before the market opens. Chewy – The pet retailer’s stock rose more than 2% after Piper Sandler upgraded the stock to “outperform” from “neutral.” Piper Sandler believes gross margin improvements and efficiency gains are…
H&R Block, Applied Materials, Microchip, JD.com and more
Check out the companies making headlines before the market opens. Estee Lauder – The cosmetics company fell nearly 2% after Bank of America downgraded the stock, citing headwinds in the Chinese market. Slowing U.S. demand is also weighing on the…
JBLU, HE, KEY, MNDY and more
Check out the companies that made headlines in midday trading: JetBlue — Shares fell 21% after the airline said it plans to sell $400 million in five-year senior convertible notes. The company’s credit rating was also downgraded by S&P Global…
United Parcel Service, Inc. (UPS) will list ex-dividend on August 19
United Parcel Service, Inc. (NYSE:UPS – Free Report) announced a quarterly dividend on Wednesday, August 7, RTT News reports. Shareholders in possession of shares on Monday, August 19 will receive a dividend of $1.63 per share from the transportation company…
Stocks with the biggest price movements at midday: LLY, UAA, WBD
Eli Lilly – Shares of the pharmaceutical company rose 8% after the company reported second-quarter earnings and revenue that beat expectations. Eli Lilly also raised its full-year revenue forecast by $3 billion as sales of its hit diabetes drug Mounjaro…
