Grupo Radio Centro Announces Extraordinary Dividend
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MEXICO CITY, Sept. 22  /PRNewswire-FirstCall/ -- Grupo Radio Centro, S.A. de C.V.  (BMV: RCENTRO-A) ("Grupo Radio Centro" or "the Company"), Mexico's leading radio broadcasting company, announced that the Company will distribute the remaining Ps. 50,000,000 (or Ps.
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Dividend increases are about more than just money.
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Mexico's No. 2 broadcaster TV Azteca said on Wednesday it will pay out &#36;210 million in cash to shareholders, sending its stock price soaring to a four-year high.
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The second-largest radio company in the U.S. based on station count has agreed to sell the company to a group of investors that includes the broadcasterâs chief executive.
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General Electric Co. raised its quarterly dividend by 10 per cent and launched a plan to buy back up to $15 billion US in shares over three years, as it projected double-digit percentage earnings growth for 2005.
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Text of report by Indian broadcast industry website Indiantelevision.com on 28 February  Star Group has received FIPB (Foreign Investment Promotion Board) approval for investing 72.02m rupees [1.6m US dollars] to pick up a 20 per cent stake in Music Broadcast Pvt. Ltd.
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Texas power company TXU Corp. (TXU.N: Quote, Profile, Research) on Monday raised its dividend by 350 percent, boosted its earnings forecast and increased its share buyback program
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Univision Communications Inc.   said on Monday a group including Madison Dearborn Partners,  Providence Equity Partners, Texas Pacific Group, Thomas H. Lee  Partners and Saban Capital Group had agreed to acquire the  company for &#36;36.25 per share in cash.
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A majority ownership stake in 454 Life Sciences could pay hefty dividends.
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Clear Channel Communications Inc., the country's largest owner of radio stations, Thursday said it will convert 20 to 25 stations to "Hispanic formats" over the next 12 to 18 months.
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The four networks have been bought by consortia which include Scottish &amp; Southern Energy and United Utilities. Transco said that it would return about Â£2bn to shareholders following the sale and would increase its dividend for the current year by 20%.
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Mexico's Grupo TMM agreed to sell its  51 percent voting stake in Grupo Transportacion Ferroviaria  Mexicana SA de CV, or Grupo TFM, to Kansas City Southern  Industries Inc. for $200 million in cash and 18 million shares  of stock, the companies said on Wednesday.
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Spanish media giant Prisa said Wednesday that British venture capital firm 3i Group was to buy 16.2 percent of its Union Radio, which comprises 1,240 Spanish-language radio stations.
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Mexico's wireless giant offers value and growth.
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- The Coca-Cola Co.  said it raised its quarterly dividend by 10 percent to 34 cents from 31 cents a share.
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The company's latest nanotech development could pay dividends over the long term.
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Santander Central Hispano SA said Wednesday that net profit for the third quarter nearly doubled to euro1.17 billion ($1.49 billion), with much of the gain coming from the sale of its stake in the Royal Bank of Scotland.