Dividend
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Indian stocks hit record close on RBI dividend, short covering
India’s main equity benchmarks closed at a new all-time high on Thursday (May 23) after the central bank’s bumper dividend to the government and optimism about the outcome of the…
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India central bank’s record dividend to government may reduce fiscal gap
THE board of India’s central bank approved a record surplus transfer of 2.11 trillion rupees (S$34.1 billion) to the government for the fiscal year that ended in March, sharply above…
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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 on…
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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 (Apr…
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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 capital…
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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 Tuesday…
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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 in…
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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 billion)…
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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. Operating…
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Boeing supplier Senior posts profit jump, boosts dividend
BRITISH aerospace engineer Senior raised its dividend on Monday (Mar 4) after 2023 profits nearly doubled, buoyed by an increase in civil aircraft production rates and robust demand in the…
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IHH revises dividend policy upwards; reports 280% Q4 earnings jump
INTEGRATED healthcare provider IHH Healthcare on Thursday (Feb 29) enhanced its dividend policy, while reporting earnings of RM727.5 million (S$205.8 million) for the fourth fiscal quarter ended December 2023, a…
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IHH Healthcare revises dividend policy upwards; reports 280% Q4 earnings jump
The growth in hospital and healthcare revenue was attributed to strong recovery from core non-Covid-19 revenues, as both local and foreign patients returned to seek treatment at the group’s hospitals.…
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AEM sinks into the red with H2 net loss of S$20.9 million; proposes no dividend
SEMICONDUCTOR equipment maker AEM Holdings on Wednesday (Feb 28) reported a net loss of S$20.9 million for the six months ended Dec 31, 2023, reversing a net profit of S$44…
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Riverstone’s Q4 net profit rises 60.7% to RM67.5 million; recommends special dividend
RIVERSTONE Holdings delivered a 60.7 per cent jump year on year (yoy) in net profit to RM67.5 million (S$19.1 million) for the fourth quarter to December, as a dip in…
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Yangzijiang Financial H2 profit jumps 53.3% as dividend income surges to S$6.3 million
YANGZIJIANG Financial Holding posted a net profit of S$39.3 million for the six months ended Dec 31, 2023, up 53.3 per cent from earnings of S$25.6 million in the year-ago…
