PacWest Stocks Soar 12% Before Market Opens: Lender Announces Major Dividend Cut!
PacWest Bancorp shares experienced a 12% increase in pre-market trading following the lender’s announcement that it would be reducing its dividend. This comes after the company suffered a 75% decline in shares this year, with various factors contributing to its recent volatility. The decision to reduce the dividend can be attributed to growing economic uncertainty, […]
Score Big: Pepsi Surprises with Impressive 10% Dividend Boost – You Can’t Miss This!
PepsiCo Inc. has announced a 10% increase in its quarterly dividend, raising it to $1.265 per share payable on June 30 to shareholders of record as of June 2. This means the company’s annualized dividend will increase from $4.60 to $5.06 per share, starting with the June payment. PepsiCo has a long history of paying […]
MetLife Surprises Investors with Impressive 4% Dividend Increase: Boosting Payouts & Attracting Buyers
MetLife Inc., a leading global life insurance company, announced on Tuesday that its board of directors has declared a dividend of 52 cents a share, which represents an increase of 4% from the first-quarter dividend. The company has consistently increased its common stock quarterly dividend at a compound annual growth rate of 9% since 2011. […]