Benzinga

JANUARY 12, 2024

BlackRock Inc (NYSE: BLK ) reported Q4 FY23 revenue growth of 7% Y/Y to $4.631 billion, marginally above the consensus of $4.627 billion. Investment advisory, administration fees, and securities lending revenues increased to $3.61 billion from $3.40

Dividends 52

Dividends Beta Technology Marketability 52

Harvard Corporate Governance

DECEMBER 21, 2023

Posted by Vincenzo Pezone (Tilburg University), on Thursday, December 21, 2023 Editor's Note: Vincenzo Pezone is an Associate Professor of Finance at Tilburg University. Once capital is infused, bank managers may have an ex post incentive to avoid making dividend payments on the preferred stock purchased by the government.

Banking 183

Banking Dividends Finance Equity 183

Auto Dealer Valuation Insights

AUGUST 18, 2023

In Part 1: Upstream themes from Q1 2023 Earnings Calls, notable themes included a divide on whether dividends or buybacks are the best means to return capital to shareholders and management’s reactions to a decline in strip prices, as well as highlighting inventory in the favorable Permian and Eagle Ford plays.

Dividends 52

Dividends 52

Business Wire M&A

MARCH 13, 2023

PHILADELPHIA--(BUSINESS WIRE)--Today, Delaware Investments Dividend and Income Fund, Inc. Fund shar

Dividends 40

Dividends 40

Harvard Corporate Governance

JULY 16, 2023

Posted by Lane Ringlee, Marizu Madu, and Joadi Ogelsby, Pay Governance LLC, on Sunday, July 16, 2023 Editor's Note: Lane Ringlee is Managing Partner, Marizu Madu is a Principal, and Joadi Oglesby is a Consultant at Pay Governance LLC. This post is based on their Pay Governance memorandum. trillion in 2022”. [1]

Dividends 244

Dividends Equity Marketability 244

Harvard Corporate Governance

JUNE 5, 2023

Posted by Maria Castañón Moats, Paul DeNicola, and Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Monday, June 5, 2023 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Matt DiGuiseppe is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP.

Dividends 327

Dividends 327

Harvard Corporate Governance

OCTOBER 27, 2023

Osterrieder (University of Twente), on Friday, October 27, 2023 Editor's Note: Michael Seigne is the Founder of Candor Partners Limited, and Joerg R. Posted by Michael Seigne (Candor Partners Limited), and Joerg R. Osterrieder is Professor of Finance and Artificial Intelligence at the University of Twente.

Dividends 157

Dividends Finance Equity 157

Benzinga

APRIL 28, 2023

April 28, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. NASDAQ: MPB ) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2023 of $11.2 HARRISBURG, Pa.,

Dividends 40

Dividends Banking Book Value Equity 40

Harvard Corporate Governance

MAY 5, 2023

Securities and Exchange Commission, on Friday, May 5, 2023 Editor's Note: Hester M. May 3, 2023 Thank you, Chair Gensler. To the contrary, they enable companies to return excess cash to shareholders with greater tax-efficiency than dividends. [2] Peirce is a Commissioner at the U.S. Securities and Exchange Commission.

Dividends 261

Dividends Firm Value Equity 261

Harvard Corporate Governance

SEPTEMBER 19, 2023

Warrick, on Tuesday, September 19, 2023 Editor's Note: Demetrius A. Share buybacks and dividend increases may help to restore a share price depressed by a short attack, but there is a risk that these may be seen as superficial defensive moves that do not address fundamental questions about the business. Posted by Richard J.

Dividends 238

Dividends 238

Benzinga

NOVEMBER 9, 2023

CPI's Electron Device Business generated approximately $300 million in revenue for its fiscal year ended September 30, 2023. CPI's Electron Device Business manufactures electronic components and subsystems primarily serving the aerospace and defense market. "This business fits. Full story available on Benzinga.com

Dividends 52

Dividends Marketability Equity 52

Auto Dealer Valuation Insights

MAY 22, 2023

While some operators advocated for stock buybacks, others leaned towards dividends. As in prior quarters, shareholder returns took center stage during these discussions, with varying opinions emerging on the most effective method of returning capital.

Dividends 52

Dividends 52

Harvard Corporate Governance

MAY 14, 2023

Posted by Carey Oven, Ira Kalish and Daniel Bachman, Deloitte & Touche LLP, on Sunday, May 14, 2023 Editor's Note: Carey Oven is National Managing Partner at the Center for Board Effectiveness and Chief Talent Officer, Ira Kalish is Chief Global Economist, and Daniel Bachman is a Senior Manager at Deloitte & Touche LLP.

Dividends 247

Dividends Marketability 247

Benzinga

MARCH 5, 2024

pence per share in cash along with a special dividend per share of 2.5 pence in place of a final dividend for the year ended December 31, 2023. As per the terms, Spirent shareholders will receive 172.5 Full story available on Benzinga.com

Dividends 59

Dividends Technology Equity 59

Musings on Markets

MARCH 8, 2023

This is the last of my data update posts for 2023, and in this one, I will focus on dividends and buybacks, perhaps the most most misunderstood and misplayed element of corporate finance. Viewed in that context, dividends as just as integral to a business, as the investing and financing decisions.

Dividends 91

Dividends Start-ups Finance Corporate Finance 91

Benzinga

MAY 9, 2023

Nexstar Media Group, Inc (NASDAQ: NXST ) reported a Q1 2023 net revenue growth of 3.9% billion, beating the consensus of $1.24 Revenues from Television Advertising declined 6% Y/Y to $425 million, comprising Core Advertising revenue that fell 2.6% Y/Y to $417 million and a 66.7% Y/Y decline in Political Advertising revenue to $8 million.

Dividends 52

Dividends Equity Marketability 52

Harvard Corporate Governance

MARCH 28, 2023

Posted by Brian Tayan (Stanford University), on Tuesday, March 28, 2023 Editor's Note: Brian Tayan is a researcher with the Corporate Governance Research Initiative at Stanford Graduate School of Business. This post is based on a recent paper by Mr. Tayan, Andrew Baker, David Larcker , and Derek Zaba. more…)

Dividends 251

Dividends Marketability 251

Benzinga

FEBRUARY 29, 2024

Full Year 2023 Highlights 1 Revenues of $763.8 million one-time special dividend payment, $59.0 million acquisition of Infinite ID Fourth Quarter 2023 Highlights 1 Revenues of $202.6 Full Year 2023 Highlights 1 Revenues of $763.8 million one-time special dividend payment, $59.0 million Net Income of $37.3

EBITDA 40

EBITDA Dividends Technology Total Shareholder Return 40

Benzinga

MARCH 24, 2023

VANCOUVER, British Columbia, March 24, 2023 (GLOBE NEWSWIRE) -- Pan American Silver Corp. On March 23, 2023, the Mexican Federal Economic Competition Commission approved the Arrangement. In addition, Pan American has declared a cash dividend of $0.10 In addition, Pan American has declared a cash dividend of $0.10

Dividends 40

Dividends Marketability 40

Musings on Markets

DECEMBER 21, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023. The class starts with a question of what the end game should be for a business (profitability, value, social good?),

Corporate Finance 89

Corporate Finance Finance Start-ups Marketability 89

Business Wire M&A

APRIL 17, 2023

The distribution follows the pre-merger distribution, announced on April 3, 2023. NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSE: NZF) has declared a post-merger distribution.

Dividends 52

Dividends 52

Benzinga

APRIL 4, 2024

If you are a registered stockholder, for inquires unrelated to the Proxy Materials, please call Equiniti Trust Company, LLC, the transfer agent, dividend paying agent and registrar for MFIC, AFT and AIF, at 1-800-937-5449. There can be no assurances with respect to the amount of each CEF Tax Dividend. per share and $0.17

Dividends 40

Dividends Marketability 40

Benzinga

JANUARY 22, 2024

Barrick denies this claim, stating that Barceló’s last visit to Panama was in early 2023 for a mining conference. This setback led to the suspension of dividends, voluntary retirements and contributed to. Full story available on Benzinga.com

Dividends 52

Dividends Marketability 52

Benzinga

APRIL 23, 2024

per share cash dividend declared _ (1) A reconciliation of GAAP net income to FFO is provided at the end of this press release. per diluted share, for the three months ended March 31, 2023. per diluted share for the first quarter of 2023. million for the first quarter of 2023. per share cash dividend.

Dividends 40

Dividends Intangible Assets EBITDA Start-ups 40

Harvard Corporate Governance

AUGUST 29, 2023

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Tuesday, August 29, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. Rosenblum , Karessa L.

Dividends 188

Dividends Marketability 188

Essentials of Corporate Finance

AUGUST 10, 2022

As we showed in the text, dividends and stock repurchases affect a company and investors in much the same way. The tax may push companies toward dividends, although since the new tax wouldn't take effect until 2023, analysts are expecting large repurchases to be completed by the end of 2022.

Dividends 52

Dividends 52

Benzinga

MAY 4, 2023

May 04, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. NASDAQ: KBAL ) today announced results for the third quarter ended March 31, 2023. Selected Financial Highlights: Third Quarter FY 2023 Net sales of $166.1 Overview Third Quarter Fiscal 2023 Results Third quarter 2023 consolidated net sales were $166.1

EBITDA 40

EBITDA Marketability Dividends Equity 40

Benzinga

FEBRUARY 21, 2024

REGINA, Saskatchewan, Feb. 21, 2024 (GLOBE NEWSWIRE) -- PROTON CAPITAL CORP. (" Proton " or the " Corporation ") ( PTN.P-TSX-V The following table sets out certain selected financial information of the Target Pharmacy.

Dividends 40

Dividends 40

Musings on Markets

MAY 7, 2023

The first was that banks were run by sensible people , who paid out what they could afford to in dividends, neither holding back on paying dividends nor paying too much in dividends. Note the differences between the bank FCFE and bank dividend discount models.

Banking 63

Banking Price to Book Dividends Book Value 63

Benzinga

APRIL 19, 2023

Kuwaiti Dinar (approximately $6.53) per share, subject to a reduction by the amount of any dividends received by the KIPCO Sellers after January 1, 2023 (the " Transaction "). (Unless otherwise provided herein, all dollar amounts in this announcement are expressed in U.S. Full story available on Benzinga.com

Dividends 40

Dividends Equity 40

Benzinga

JUNE 28, 2022

per share, structured as a cash dividend to Spirit shareholders promptly following the Spirit shareholder vote approving the combination between Spirit and JetBlue (subject to CARES Act limitations).” ” Hayes insisted the upgraded offer results in a “superior all-cash price of at least $33.50

Dividends 98

Dividends 98

Benzinga

DECEMBER 6, 2023

The team of 25 professionals, who will join Patria following closing, have delivered AUM growth outpacing the IFIX market index by 900 basis points since 2017, and a portfolio that is currently delivering a weighted annualized dividend yield of more than 9%. GRAND CAYMAN, Cayman Islands, Dec.

Dividends 52

Dividends Market Capitalization Marketability 52

Valutico

MARCH 20, 2023

HSBC Holdings plc Weekly Valuation – Valutico | 20 March 2023 Link to the valuation Context The past weeks, the financial market was rattled by the collapse of Silicon Valley Bank, the go-to bank for tech startups, serving half of America’s venture capital-backed tech firms. HSBC is also planning a special dividend of $0.21

Dividends 52

Dividends Banking Equity Market Capitalization 52

Valutico

OCTOBER 1, 2022

The company published its Q2 2023 financial results this week. dividend yield and an ongoing share buyback program. . Given the stable dividend payout ratio of ~65%, we also performed utilized a Dividend Discount Model with a Cost of Equity of 6.3% A WACC of 5.7%

Discounted Cash Flow 52

Discounted Cash Flow Dividends Market Capitalization Marketability 52

Benzinga

JULY 17, 2023

DALLAS, July 17, 2023 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY ) ("Berry" or the "Company") announced today that it has executed a definitive agreement to acquire Macpherson Energy Corporation, a privately held Kern County, California operator, for $70 million in cash, subject to customary purchase price adjustments.

Dividends 40

Dividends EBITDA Technology 40

Reynolds Holding

DECEMBER 10, 2023

As a capital allocation decision, share buybacks intersect all three of the main corporate finance activities of investing, financing, and dividends [1]. 14] In this BNP Paribas case study of Trance 1 of their €5bn 2023 share buyback programme, it appears like the share price going ex the €3.9

Dividends 45

Dividends Total Shareholder Return Corporate Finance Finance 45

Valutico

MARCH 28, 2023

UBS Group AG Weekly Valuation – Valutico | 28 March 2023 Link to the valuation Context In recent days, the financial markets have experienced increased turmoil, causing growing concerns about financial stability. As of now, UBS is offering a dividend of USD 0.55 per common stock, with a dividend yield of 2.70%.

Banking 52

Banking Dividends Equity Marketability 52