Farrel Fritz

MARCH 6, 2023

De facto dividend. Disguised dividend. Constructive dividend. The tax laws thus provide no small incentive for owners of closely held companies to pay themselves, shall we say, generous compensation in lieu of declaring and paying dividends.

Dividends 52

Dividends Compliance Finance 52

Business Wire M&A

MAY 9, 2023

(NYSE: BRMK) (“Broadmark” or the “Company”), a specialty real estate finance company, announced today that its Board of Directors has declared a cash dividend of $0.035 per share of common stock for May 2023. The dividend will be payable on May 30, 2023 to stockholders of record as of May 24, 2023.

Dividends 40

Dividends Finance 40

Law 360 M&A

MARCH 7, 2023

on Tuesday announced that it will pay investors a special cash dividend if they approve its proposed $7.3 Canadian machine auctioneer Ritchie Bros. billion merger with online automobile buying company IAA Inc.

Dividends 75

Dividends 75

Law 360 M&A

DECEMBER 12, 2022

federal judge on Monday refused to prevent Albertsons from paying a $4 billion dividend that attorneys general from the District of Columbia, California and Illinois say will have an anti-competitive effect ahead of the grocery chain's merger with Kroger — and the states immediately asked to stay the ruling while they appeal.

Dividends 73

Dividends 73

Law 360 M&A

DECEMBER 21, 2022

Circuit panel summarily refused Tuesday to impose an emergency pause on Albertsons' planned $4 billion dividend to shareholders ahead of its merger with Kroger, dealing one more blow to the attorneys general of D.C., California and Illinois.

Dividends 75

Dividends 75

Law 360 M&A

DECEMBER 16, 2022

California and Illinois "substitute their judgment" in place of the companies' boards' and block Albertsons from paying a $4 billion dividend to shareholders ahead of its merger with its supermarket rival. Circuit not to let the attorneys general of D.C.,

Dividends 75

Dividends 75

Law 360 M&A

MAY 2, 2023

dividend payments held back from the company's $21 billion merger agreement with Analog Devices Inc. The Delaware Chancery Court shot down a stockholder suit Tuesday seeking to recover $500 million in Maxim Integrated Products Inc. in 2020 to cover tax liabilities that didn't materialize.

Dividends 40

Dividends 40

Machen McChesney

JUNE 14, 2022

There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends received by a corporation. As a result, a corporation will typically be taxed at a lower rate on dividends than on capital gains.

Dividends 52

Dividends 52

Machen McChesney

JUNE 14, 2022

There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends received by a corporation. As a result, a corporation will typically be taxed at a lower rate on dividends than on capital gains.

Dividends 52

Dividends 52

Andrew Stolz

FEBRUARY 7, 2022

Massive dividend yield secured by strong cash generation. Cash machine ensures consistent massive dividend yield. It consistently delivered strong FCFF that were more than sufficient to cover high dividends. The FCF yield shows ROEC’s dividend-paying potential. Highlights: End markets mature, no opportunities to grow.

Dividends 52

Dividends EBIT Net Debt Market Capitalization 52

Business Wire M&A

MARCH 13, 2023

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

Dividends 40

Dividends 40

Benzinga

APRIL 26, 2023

Net Interest and Dividend Income Tax equivalent net interest income of $11.3 See SUPPLEMENTAL INFORMATION – Net Interest and Dividend Income on page 9 of this release for additional details. million, were partially offset by common stock dividends paid of $0.9 Non-Interest Income Non-interest income of $2.7

Dividends 40

Dividends Banking Equity Intangible Assets 40

Chris Mercer

AUGUST 1, 2022

This eleventh post in the Deja Vu series involving restricted stock studies addresses an issue that is rarely mentioned in the context of the studies – of the impact of dividends on restricted stock discounts (RSDs). Of these 244 transactions, only 24 involved companies that paid dividends, or less than 10% of the transactions.

Dividends 52

Dividends Appraisal Terminal Value Business Valuation 52

Law 360 M&A

DECEMBER 13, 2022

Albertsons on Monday sought to persuade Washington's Supreme Court to reject the state's emergency bid to block the grocery chain's $4 billion shareholder dividend ahead of its merger with Kroger, arguing that the relief the state seeks was "unprecedented" and without legal basis.

Dividends 40

Dividends 40

Business Wire M&A

NOVEMBER 3, 2022

per common share Special Dividend (the “Special Dividend”), originally scheduled to be paid on November 7, 2022. BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI) (“Albertsons Cos.” The TRO restrains the Company from paying the previously announced $6.85 The Order enables the Court to consider the me

Dividends 98

Dividends 98

Law 360 M&A

JANUARY 26, 2023

told a Delaware vice chancellor Thursday that liability protections in Maxim Integrated Products' bylaws shield directors from a suit claiming they failed to pursue $500 million in dividends held back from the deal price for an evaporated tax risk in a $21 billion merger with ADI in 2021. An attorney for Analog Devices Inc.

Dividends 40

Dividends 40

Business Wire M&A

FEBRUARY 23, 2023

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

Dividends 40

Dividends 40

Business Wire M&A

DECEMBER 9, 2022

per common share Special Dividend (the “Special Dividend”) originally scheduled to be paid on November 7, 2022, to stockholders of record as of the close of business on October 24, 2022. BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI) (“Albertsons Cos.” The Washington State

Dividends 75

Dividends 75

Benzinga

APRIL 28, 2023

With the success of the first quarter, the Board announced a quarterly cash dividend of $0.20 million in dividends during the first quarter of 2023. Our focus throughout the remainder of 2023 will be on continued quality growth in loans and deposits, a laser focus on expense control and a laser focus on asset quality. 31, 2023 Dec.

Dividends 40

Dividends Banking Equity Book Value 40

Business Wire M&A

NOVEMBER 8, 2022

per common share Special Dividend (the “Special Dividend”), originally scheduled to be paid on November 7, 2022. Albertsons Cos. continues

Dividends 98

Dividends 98

Benzinga

JUNE 24, 2022

Pursuant to the terms of the agreement in respect of the Arrangement, the quarterly dividend of US$0.17 The dividend record date of June 15, 2022 remains unchanged.

Dividends 40

Dividends Equity 40

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

MAY 5, 2023

To the contrary, they enable companies to return excess cash to shareholders with greater tax-efficiency than dividends. [2] In some cases, these buyback critics may be correct, but share repurchases are not inherently problematic. The net result is that capital flows to where it can best be used.

Dividends 235

Dividends Firm Value Equity 235

Harvard Corporate Governance

MAY 14, 2023

Such actions can pay dividends in social capital—a return on investment that, while not measured in dollars, can be just as valuable. While cost cutting is often the “standard playbook” response in this area, there is value in weighing all the options available to promote economic resiliency. more…)

Dividends 178

Dividends Marketability 178

Machen McChesney

MAY 2, 2023

If you’re the owner of an incorporated business, you know there’s a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: A corporation can deduct the salaries and bonuses that it pays executives, but not dividend payments.

Dividends 77

Dividends 77

Harvard Corporate Governance

AUGUST 3, 2022

There are several reasons why corporations might prefer using share repurchases instead of or in addition to dividends, including (i) maintaining flexibility in determining the amount of cash returned to shareholders, (ii) an ability to award repurchased shares to employees as equity compensation, (iii) a modest tax advantage to shareholders (that (..)

Corporate Finance 172

Corporate Finance Finance Dividends Equity 172

John Jenkins

MARCH 24, 2023

A recent Stanford report on shareholder activism highlights some of the ways in shareholder activism and companies’ responses to it continue to evolve.

Dividends 45

Dividends 45

Benzinga

AUGUST 1, 2022

Dividend: The board approved a dividend of $0.25 The adjusted operating margin expanded 200 basis points to 43.8%. Adjusted EPS of $2.36 beat the consensus of $2.35. Global Payments held $1.93 billion in cash and equivalents. per share, payable September 30, 2022, to shareholders of record on September 16, 2022.

Dividends 98

Dividends 98

Financial Times M&A

SEPTEMBER 13, 2022

Swiss bank to lift shareholder returns days after pulling out of deal to buy fintech Wealthfront

Dividends 89

Dividends Banking 89

Equilest

MAY 29, 2023

As an essential component of shareholders' equity, retained earnings reflect the accumulated profits that a company has chosen to reinvest rather than distribute as dividends. Calculating retained earnings is relatively straightforward, involving subtracting dividends and distributions from net income over a specific period.

Business Valuation 40

Business Valuation Dividends Discounted Cash Flow Price to Earnings 40

Harvard Corporate Governance

MARCH 28, 2023

Activists are often successful in meeting their stated objectives: Klein and Zur (2009) find they do so more than half the time (60 percent) by compelling their target to repurchase stock, initiate a cash dividend, grant them board representation, alter strategy, terminate a pending acquisition, or agree to a proposed merger. more…)

Dividends 208

Dividends Marketability 208

Harvard Corporate Governance

OCTOBER 1, 2022

A de minimis rule exempts covered corporations that repurchase less than $1 million of their stock during a given taxable year, and the U.S. Department of the Treasury (“Treasury”) is directed to issue regulations that exempt certain repurchases by securities dealers.

Treasury 206

Treasury Dividends Equity 206

Financial Times M&A

MAY 15, 2023

Purchases by the world’s biggest 1,200 companies triple in a decade to rival dividends in scale

Dividends 83

Dividends 83

Financial Times M&A

JULY 25, 2022

French and UK satellite operators combine in an effort to take on space billionaires Elon Musk and Jeff Bezos

Dividends 85

Dividends 85

Benzinga

APRIL 5, 2023

FedEx Consolidates Express and Other Units Under CEO Subramaniam To Save $4B In Costs, Boosts FY24 Dividend By 10% FedEx Corp (NYSE: FDX ) shared plans to bring FedEx Express , FedEx Ground , FedEx Services , and other FedEx operating companies into Federal Express Corporation , becoming a single company by June 2024. per share, to $5.04

Dividends 98

Dividends Technology Marketability 98

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

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 76

Banking Price to Book Dividends Equity 76