Latest Dividends News

Fiat Chrysler completes sale of components maker

May. 2, 2019 10:02 AM EDT

MILAN (AP) — Fiat Chrysler Automobiles says it has completed the sale of components maker Magneti Marelli to Japanese supplier Calsonic Kansei, allowing a special dividend to shareholders for the first time in a decade. The Italian-American carmaker said Thursday that the deal delivered 5.8 billion euros...

Asian stocks mixed after new Wall Street high

Apr. 30, 2019 12:31 AM EDT

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street hit a new high and Chinese factory grew in April but below the previous month's pace. Benchmarks in Hong Kong, Seoul and Sydney declined while Shanghai advanced. Japanese markets were closed for a holiday. Two surveys showed Chinese...

Judge takes oversight of PG&E's wildfire prevention plans

Apr. 2, 2019 7:42 PM EDT

SAN FRANCISCO (AP) — A federal judge said Tuesday he will closely monitor Pacific Gas & Electric's tree-trimming this year and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan. U.S. District Judge William Alsup ordered the new plan...

Rare glimpse into Saudi Aramco shows $111 billion net profit

Apr. 1, 2019 5:32 PM EDT

DUBAI, United Arab Emirates (AP) — Saudi Aramco's net profits reached $111 billion last year, according to an assessment published Monday by Moody's Investors Services that offered a rare glimpse into the state-owned oil firm's finances before it issues its first bonds in international markets. That places...