Biggest Dividend

posted by Yahoo! News Search Results for dividends on Sep 30

KUALA LUMPUR: Ireka Corp Bhd, whose construction order book currently stands at RM964mil, plans to maintain its quantum of dividends for the next few years, says group financial controller Monica Lai.

posted by Yahoo! News Search Results for dividends on Sep 29

A disappointing loss two weeks ago dropped Georgia Tech from the Top 25. A dominating effort brought it back into the rankings. The 25th-ranked Yellow Jackets look to build on one of the program's most one-sided victories Saturday night when they visit Mississippi State for the first time. Georgia Tech (3-1) was No.

posted by Yahoo! News Search Results for dividends on Sep 29

BERLIN — So far the decisions coach John Capodice made during the preseason seem to be paying off for the 2-0 Berlin Redcoats football team.

posted by Yahoo! News Search Results for dividends on Sep 29

DENVER----UDR, Inc. , a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2009 in the amount of $0.18, payable in cash, on November 2, 2009 to UDR common stock shareholders of record as of October 16, 2009.

posted by Yahoo! News Search Results for dividends on Sep 29

These companies recently increased their dividends.

posted by Anupreeta Das on Sep 29

I was rather surprised yesterday to see an e-mail from Ogilvy PR pitching an interview with Dave Booth, the Chairman of Computer Sciences Corp, only a couple of hours after Xerox announced its $6.4 billion planned purchase of Affiliated Computer Services.

After all, CSC -- an IT services company that competes with ACS, and has a market value of $8.1 billion -- was the first company that came to bankers' and analysts' minds when I asked them who else could be in play, as tech companies look to buy into new growth opportunities.

Given how market sentiment works, any comments from the chief of a potential acquisition target like CSC could easily move the stock. As a rule, that's why, companies typically don't comment on rumor or speculation about themselves. So naturally, an on-the-record interview with the CSC chairman wasn't something I could pass up.

The e-mail offered:

...(T)he opportunity to hear comments from Computer Sciences Corp. (CSC). As you might know, CSC is a marketplace contrarian that can offer a POV on the other side of the coin - staying independent.
CSC anticipates greater interest from those clients that value the objectivity of a technology-independent approach. With one less independent firm in the marketplace, CSC's position is strengthened as a global, technology-independent option for clients.

I let Ogilvy know of my interest, and waited, and followed up, and waited. By the late afternoon, I figured the pitch was too good to be true because CSC had thought the better of it. Sure enough, the e-mail that eventually turned up in my inbox, said: "CSC now prefers not to comment."

Wonder if that was a PR learning experience.

(Photo: CSC.com)

posted by Chris Kaufman on Sep 29

China is no stranger to rolling the dice on risky U.S. investments. But like most big investors, it has been staying away from the tables for a while. Now we have word that its $200 billion sovereign wealth fund is pouring $2 billion into three funds focused on U.S. distressed assets. The funds are run by Goldman Sachs, Oaktree Capital and a third, as yet unidentified manager.

At only 1 percent of its portfolio, the balance of risk to Chinese wealth is small. CIC has pumped up its investment volume recently, buying a 14.5 percent stake in commodities trading firm Noble Group for $850 million just last week. Resources may seem like a better investment for a Chinese state-linked fund than distressed U.S. assets, given the country’s gaping hunger for commodities. But China’s macroeconomic exposure to the U.S. economy is at least as important to its future as its ability to source foreign raw materials. And with the dollar against the ropes, distressed U.S. assets may offer China a better bang for its buck.

CIC made a profit of $10 billion last year as it benefited from staying largely in cash and avoiding new investments in Western banks, a source close to the fund told us in February. But it lost over half of an initial $8 billion it ploughed into private equity firm Blackstone and Morgan Stanley when the fund was set up in September 2007.

CIC Chairman Lou Jiwei (pictured above) said in Hong Kong last December that he was “not brave enough” to invest in financial institutions at that time. He seems to have found his nerve.

posted by Yahoo! News Search Results for dividends on Sep 29

David Barron is hoping his patient approach will pay dividends when Sirvino takes his chance in the totesport.com Cambridgeshire Handicap at Newmarket on Saturday.

posted by Yahoo! News Search Results for dividends on Sep 29

Emboldened by a stock market rally, more European banks are set to follow in the footsteps of BNP Paribas in repaying government aid as they seek to avoid restrictions on lending, pay and dividends.

posted by Yahoo! News Search Results for dividends on Sep 29

Meridian Energy is paying the government a final dividend of $113.9 million and a special dividend of $150m