Category: Blog
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Eversource Energy announces dividend increase of 5.9%
The Eversource Energy Board of Trustees declared a quarterly dividend of $0.675 per share, payable March 31, 2023, to shareholders of record as of March 2, 2023. Eversource also announced today that it will webcast a conference call with financial analysts on Tuesday, February 14, 2023, beginning at 9 a.m. Eastern Time, at which senior…
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Infrastructure Investments Fund completes Acquisition of South Jersey Industries
Also announced is a special dividend of $0.1499 per share. South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, announced that IIF’s acquisition of SJI is closing today. “The completion of this transaction marks an exciting new chapter for SJI,”…
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Capital Southwest (CSWC) increases dividend 1.9%
Capital Southwest (NASDAQ:CSWC) just reported double beats on its fiscal 2023 third quarter earnings with a quarterly per share cash dividend payout of $0.53 declared. This was a 1.9% increase from the prior payout for a yield of 10.7%. Against a 14% year-to-date increase of its commons, the business development company (“BDC”) has now maintained…
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Exxon (XOM) records highest annual profit ever
The largest U.S. oil company turned in record annual earnings of $55.7 billion for 2022 in its quarterly earnings Tuesday, outpacing big banks, tech giants and vaccine makers. Among companies that have reported fourth-quarter earnings, only Apple Inc. AAPL 0.28%increase; green up pointing triangle and Microsoft Corp. MSFT 1.30%increase; green up pointing triangle have surpassed…
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Judge rejects J&J attempt to push talc lawsuits to bankruptcy court
Johnson & Johnson (JNJ) plans to challenge the ruling issued today. The Third U.S. Circuit Court of Appeals on Monday dismissed the chapter 11 case of J&J subsidiary LTL Management LLC, which the consumer-health-goods giant created in 2021 to move to bankruptcy court the mass lawsuits alleging its talc-based baby powder products caused cancer. The…
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Air Products (APD) increases dividend by 8% marking 41 year streak
The Board of Directors of Air Products (APD) has increased the quarterly dividend on the Company’s common stock by 13 cents per share—from $1.62 to $1.75 per share—representing an eight percent increase. This marks the 41st consecutive year that Air Products has increased its dividend payment. The dividend is payable on May 8, 2023 to…