article thumbnail

Uzbekistan Minister Laziz Kudratov On Country’s Sweeping Economic Makeover

Global Finance

Laziz Kudratov : The changes that started in 2016 continue. Our more business-friendly environment includes customs duty exemptions on over 7,000 raw materials, a three-year tax exemption on dividends for foreign investors, and a lowered profit tax rate of 12%. We have seen GDP rise by 6% in 2023 and 6.4% in the first half of 2024.

article thumbnail

Latvia: Doorway To The EU

Global Finance

Latvia anticipates a dividend from its largest-ever trade mission to the US, in September 2024. Specifically, Latvia hopes to build international interest in the country via an ambitious project aimed at developing the capital, Riga, as a low-cost, high-value Baltic center for banking.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Earn $500 A Month From Smucker Stock After Acquisition News

Benzinga

The company was bought out of liquidation a decade ago by two investment companies and then returned to the public market in 2016 with the ticker TWNK. With Smucker announcing the acquisition of Hostess Brands, some investors may be eyeing potential gains from the company’s dividends. a share ($4.24

article thumbnail

Genco Shipping & Trading Limited to Acquire High-Specification Capesize Vessel

Benzinga

headquartered drybulk shipowner focused on the global transportation of commodities, has agreed to acquire a 2016-built 180,000 dwt high-specification Capesize vessel for a purchase price of $47.5 NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK ) ("Genco" or the "Company"), the largest U.S.

article thumbnail

Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares Dividend

Benzinga

With the success of the first quarter, the Board announced a quarterly cash dividend of $0.20 Asset Quality On January 1, 2023, Mid Penn adopted ASU 2016-13, Financial Instruments - Credit Losses (ASC Topic 326): Measurement of Credit Losses on Financial Instruments , which replaces the incurred loss methodology, and is referred to as CECL.

article thumbnail

The Causes and Consequences of Repurchasing Shares

Reynolds Holding

firms have more than tripled inflation-adjusted dividends, while real share repurchase values have ballooned from $5 billion in 1971 to almost $1 trillion in 2018 and become the dominant form of payout. New research shows that firms do not directly substitute repurchases for dividends; often these payouts complement one another.

article thumbnail

Eastland Redux: Do Close Corporation Shareholders Have a Direct Claim Against Directors For Taking Disguised Distributions?

Farrel Fritz

The first argument, which the majority rejected, is that the business judgment rule bars judicial scrutiny of the board’s discretionary authority to declare dividends. The Majority Opinion The majority opinion addressed two separate arguments raised by the defendants for dismissal of the fiduciary breach claim.