Altria Raises Dividend Less Than Expected
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The cigarette and food producer raised its quarterly dividend by 6 cents to 86 cents a share, less than some analysts had expected.
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Altria Group Inc., owner of the Philip Morris cigarette companies, said Wednesday that second-quarter income fell more than 18 percent but also reported a rise in profit from continuing operations and revenue.
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Altria Group Inc.  posted lower  quarterly profit on Wednesday, due in part to costs for closing  a U.S. cigarette plant as it moves some production to Europe in  a move to cut costs and reduce excess capacity.
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Tyco International Inc. (TYC.N: Quote, Profile, Research) on Thursday raised its dividend for the first time in five years, the latest indication of change at the once scandal-tarnished diversified manufacturer.
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TXU Corp. (TXU.N: Quote, Profile, Research) on Monday raised by 350 percent the dividend it slashed two years ago, boosted its earnings forecast and increased its
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The action continued in after hours trading, where the company gained another US cent. The company saw stocks climb $2.33 during the day, a 4.86 per cent increase.
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Altria and Kraft give investors a bigger cut of their cash.
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Altria Group Inc. (MO.N: Quote, Profile, Research) is preparing to split up the company or find another means of &quot;maximizing shareholder value&quot; when tobacco litigation hurdles are cleared
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Altria's  planned split into separate U.S. and international tobacco companies will lift the company's stock even though investors' reaction has been only lukewarm, financial newspaper Barron's said in its September 17 edition.
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(InfoWorld) - Microsoft raised the dividend it pays out to shareholders by a penny per quarter to $0.10 on Wednesday, the same dividend as for chip giant Intel. The company did not say why it raised the dividend. The company's stock rose $0.05 cents to close at $25.98 on Wednesday. For years, investors in Microsoft stock complained to the company to raise its dividend and share the wealth. In 2004,Â the company respondedÂ with a four-year, $75 billion plan to pay a one-time special $3.00 per share cash dividend and launch a massive stock buyback. By comparison, other technology companies, such as Dell and Apple Computer, for example, pay no dividends on their shares. But Procter & Gamble, a maker of household products such as Tide laundry detergent and Crest tooth paste, pays a dividend of $0.31 per quarter. The first Microsoft shareholders to receive the increased dividend will be holders on record as of Nov. 16, who will be paid on Dec. 14, Microsoft said.
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Microsoft raised the dividend it pays out to shareholders by a penny per quarter to $0.10 on Wednesday, the same dividend as for chip giant Intel.
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Cintra is selling 38 percent of its share capital in an effort to raise between 1.53 billion euros and 1.64 billion euros ($1.96 billion to 2 billion), according to media reports.
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Tyco International Ltd. hadn&#39;t raised its dividend in a dozen years, but the company made up for lost time Thursday with an eightfold increase in its payout.
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European equities inched cautiously higher on Friday as bid talk lifted the banking sector and airlines got a boost after Ryanair made a surprise offer for newly-listed Aer Lingus.
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3M Co.  on Monday said third-quarter earnings rose 17 percent due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in at least seven quarters.
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Altria Group Inc.  on Wednesday said quarterly profit fell 6.9 percent, weighed down by one-time charges at its Kraft Foods business and increased exposure to airline industry losses at its financial services unit.
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3M Co. MMM.N on Monday reported a 17  percent rise in third-quarter earnings due in part to the weak  dollar, but the diversified manufacturer's results fell short  of Wall Street's estimates for the first time in nearly four  years, sending shares down 5 percent.