dividend
Top StoriesSpain’s BBVA Sees Significant Rise in 2022 Dividend, Chairman Says
Top StoriesZurich Insurance Sets More Ambitious Financial Targets
BankingSwedish Central Bank Calls on Banks to Restrict Dividends as Risks Rise
Top StoriesEquinor Posts Record Profit Boosted by Soaring Gas
Shell Reports Drop in Profit to $9.45 Billion, Hikes Dividend
Date: October 27, 2022
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted a third-quarter profit of $9.45 billion, slightly below the second quarter’s record high, due to weaker refining and gas trading, and said it will sharply boost its dividend by the end of 2022 when its CEO departs. The British oil and gas...
Polymetal Shares Down as Gold Miner Scraps Final Dividend
Date: September 22, 2022
MOSCOW (Reuters) – Russian gold and silver producer Polymetal said on Thursday it had decided to cancel the final dividend for 2021 and recommended no interim dividend payment for 2022 due to lower cash flows, sending its shares in London down 11%. Polymetal has not been directly targeted by Western sanctions imposed on Moscow since...
Aviva Plans Further Capital Return in Boost to Shares
Date: August 10, 2022
By Carolyn Cohn LONDON (Reuters) -Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in first-half operating profit, sending its shares to the top of the FTSE 100 gainers on Wednesday. Activist investor Cevian Capital, which holds 6% of Aviva’s shares and has called on...
Holiday Inn Owner Ihg Sweetens Shareholder Returns on Travel Rebound
Date: August 9, 2022
By Muhammed Husain (Reuters) – IHG announced a $500 million share buyback on Tuesday after half-year profit more than doubled, boosted by higher room prices, strong demand for leisure travel and a recovery in business stays, especially in the United States. Hotel operators are benefiting as people spend more on travel and book longer hotel...
HSBC Aims to Placate Hong Kong Investors After Rejecting Break-Up Call From Ping An
Date: August 2, 2022
By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) -HSBC’s bosses will meet retail investors in Hong Kong on Tuesday, seeking to convince them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top shareholder Ping An Insurance Group Co of China. The London-headquartered group...
HSBC Rejects Ping an Break-Up Call, Promises Higher Dividend
Date: August 1, 2022
By Lawrence White and Anshuman Daga LONDON/SINGAPORE (Reuters) – HSBC pushed back on a proposal by top shareholder Ping An Insurance Group Co of China to split the lender, a move Europe’s biggest bank said would be costly, while posting profits that beat expectations and promising chunkier dividends. London-headquartered HSBC’s comments on Monday represent its...