Expanding its program for returning capital to shareholders, Microsoft late Tuesday said its board voted to both boost its quarterly dividend and adopt a new share repurchase program.
Microsoft (ticker: MSFT) raised its quarterly dividend rate by 11%, to 62 cents from 56 cents. It was the 12th straight year that the company has boosted its quarterly payout following its September board meeting. The new rate gives the company a yield of 0.8%. The hike follows increases of 10% last year and 11% in 2019.
The company also announced a new $60 billion stock repurchase program, with no specific expiration date.
Microsoft also said its board has appointed President Brad Smith to the added role of vice chair. “This reflects the unique leadership role that Brad plays for the company, our board of directors and me, with governments and other external stakeholders around the world,” Microsoft CEO and Chairman Satya Nadella said in a statement.
Best Dividend Stocks To Invest In Right Now: CRB Futures Index(CR)
Crane Co. manufactures and sells engineered industrial products in the United States and internationally. The company operates in five segments: Aerospace & Electronics, Engineered Materials, Merchandising Systems, Fluid Handling, and Controls. The Aerospace & Electronics segment offers pressure, fuel flow, and position sensors and subsystems; brake control systems; coolant, lube and fuel pumps; and seat actuation products. This segment also provides power supplies and custom microelectronics for aerospace, defense, medical, and other applications; and electrical power components, power management products, electronic radio frequency, and microwave frequency components and subsystems for the defense, space, and military communications markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels for the truck trailer and recreational vehicle markets, industrial markets, and the commercial construction industry. The Merchandising Systems segmen t offers vending solutions, such as food, snack, and beverage vending machines; and vending machine software and online solutions, as well as payment solutions, including coin accepters and dispensers, coin hoppers, coin recyclers, bill validators, and bill recyclers. The Fluid Handling segment manufactures and sells various industrial and commercial valves and actuators; provides valve testing, parts, and services; manufactures and sells pumps and water purification solutions; distributes pipe, pipe fittings, couplings, and connectors; and designs, manufactures, and sells corrosion-resistant plastic-lined pipes and fittings. The Controls segment produces ride-leveling, air-suspension control valves for heavy trucks and trailers; pressure, temperature, and level sensors; ultra-rugged computers, measurement and control systems, and intelligent data acquisition products; and water treatment equipment. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.
- [By Ethan Ryder]
Crew Energy Inc (TSE:CR) – Cormark issued their Q1 2020 EPS estimates for shares of Crew Energy in a research note issued on Tuesday, March 5th. Cormark analyst A. Arif expects that the company will earn $0.06 per share for the quarter. Cormark also issued estimates for Crew Energy’s Q2 2020 earnings at $0.02 EPS, Q3 2020 earnings at $0.02 EPS and Q4 2020 earnings at $0.03 EPS.
- [By Shane Hupp]
COPYRIGHT VIOLATION WARNING: “Crane Co. (CR) VP James A. Lavish Sells 5,150 Shares” was first posted by Ticker Report and is owned by of Ticker Report. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at www.tickerreport.com/banking-finance/4168537/crane-co-cr-vp-james-a-lavish-sells-5150-shares.html.
- [By Logan Wallace]
Crew Energy Inc (TSE:CR) has received a consensus rating of “Buy” from the ten analysts that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$1.89.
Best Dividend Stocks To Invest In Right Now: Cinemark Holdings Inc(CNK)
Cinemark Holdings, Inc. and its subsidiaries engage in the motion picture exhibition business. As of June 30, 2011, it operated 436 theatres with 4,983 screens in 39 states of the United States, as well as in Brazil, Mexico, and 11 other Latin American countries. The company is headquartered in Plano, Texas.
- [By Eric Volkman (TMFVolkman)]
This past weekend was a good one for cinema operators, but not for the reasons one might expect. As a result, Cinemark Holdings (NYSE:CNK) was a popular stock Monday, rising to end the day 8.6% higher.
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Get a free copy of the Zacks research report on Cinemark (CNK)
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Alliancebernstein L.P. trimmed its stake in shares of Cinemark Holdings, Inc. (NYSE:CNK) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 252,131 shares of the company’s stock after selling 3,351 shares during the period. Alliancebernstein L.P. owned about 0.21% of Cinemark worth $5,534,000 as of its most recent SEC filing.
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At last check, shares of AMC Entertainment (AMC) – Get Report rose 7.67%, Cinemark (CNK) – Get Report rose 8.29% and IMAX (IMAX) – Get Report rose 5.96% on Monday.
Best Dividend Stocks To Invest In Right Now: United Bancshares Inc.(UBOH)
United Bancshares, Inc. operates as a bank holding company for The Union Bank Company that engages in the provision of commercial banking services to small and middle-market businesses and individuals. It accepts various deposit products, including checking accounts, savings and money market accounts, time certificates of deposit, time deposits, and demand deposits. The company also offers various loan products that consist of commercial, consumer, agricultural, residential mortgage, and home equity loans. In addition, it provides automatic teller machine services, safe deposit box rentals, and other personalized banking services. The company serves primarily in the Ohio counties of Allen, Hancock, Putnam, Sandusky, Van Wert, and Wood, as well as with office locations in Bowling Green, Columbus Grove, Delphos, Findlay, Gibsonburg, Kalida, Leipsic, Lima, Ottawa, and Pemberville, Ohio. United Bancshares, Inc. was founded in 1904 and is headquartered in Columbus Grove, Ohio.< /p>
- [By Logan Wallace]
United Bancshares Inc. OH (NASDAQ:UBOH) and Bank of America (NYSE:BAC) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, risk, institutional ownership, profitability and analyst recommendations.
Best Dividend Stocks To Invest In Right Now: Telefonica SA(TEF)
Telefonica, S.A. provides fixed and mobile telephony services primarily in Spain, rest of Europe, and Latin America. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone; local, domestic, and international long distance and fixed-to-mobile communications; corporate communications; video telephony; supplementary and business-oriented value-added services; network services; leasing and sale of handset equipment; and telephony information services. The company?s Internet and broadband multimedia services comprise Internet service provider service; portal and network services; retail and wholesale broadband access; narrowband switched access to Internet; naked ADSL, a broadband connection; residential-oriented value-added services; companies-oriented value-added services; television services, such as IPTV, cable television, and satellite television; and Fiber to the Home, a service for high speed Internet access and digital video recording. Its data and business-solutions services principally include leased lines; virtual private network services; fiber optics services; the provision of hosting and application; outsourcing and consultancy services; desktop services; and system integration and professional services. The company?s wholesale services for telecommunication operators primarily comprise domestic interconnection services; international wholesale services; leased lines for other operators? network deployment; local loop leasing under the unbundled local loop regulation framework; and bit stream services. It also offers various mobile and related services and products that include mobile voice services, value added services, mobile data and Internet services, wholesale services, corporate services, roaming, fixed wireless, and trunking and paging services. The company has a strategic alliance with China Unicom (Hong Kong) Limited. Telefonica, S.A. was founded in 1924 and is headquartered in Madrid, Spai n.
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American Tower greatly expanded its cell tower network in early 2021 by acquiring Telxius Tower, which owns 31,000 cell towers and 3,300 sites under construction concentrated in Germany, Spain and Latin America. Through this purchase, American Tower also expands its relationship with an important tenant, Telefonica (TEF), and gains immediate FFO accretion.
- [By Logan Wallace]
Telefonica (NYSE:TEF) and TELE2 AB/ADR (OTCMKTS:TLTZY) are both utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, profitability, institutional ownership, dividends, analyst recommendations and valuation.
- [By Joseph Griffin]
Telefonica S.A. (NYSE:TEF) has been given an average rating of “Hold” by the fifteen analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating on the company.
- [By Joseph Griffin]
America Movil SAB de CV ADR Series L (NYSE: TEF) and Telefonica (NYSE:TEF) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, institutional ownership, profitability and risk.
Best Dividend Stocks To Invest In Right Now: Microchip Technology Incorporated(MCHP)
Microchip Technology Incorporated, together with its subsidiaries, develops, manufactures, and sells semiconductor products for various embedded control applications. It offers a family of microcontroller products that include 8-bit, 16-bit, and 32-bit PIC microcontrollers; and 16-bit dsPIC digital signal controllers, which feature on-board flash memory technology. The company also provides a set of application development tools that enable system designers to program a PIC microcontroller and dsPIC DSC for specific applications. In addition, it offers analog and interface products, which consist of various families with approximately 600 power management, linear, mixed-signal, thermal management, safety and security, and interface products. Further, the company provides memory products comprising serial electrically erasable programmable read-only memory. Its products are used in various applications in automotive, communications, computing, consumer, and industrial contr ol markets. Microchip Technology Incorporated markets its products primarily through a network of direct sales personnel and distributors in the Americas, Europe, and Asia. The company was founded in 1989 and is based in Chandler, Arizona.
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After a recent rally, consider taking some chips off the table for such semiconductor companies as Microchip (Nasdaq: MCHP) and Intel (Nasdaq: INTC) if you own them.
- [By Logan Wallace]
Microchip Technology Inc. (NASDAQ:MCHP) has earned an average recommendation of “Buy” from the twenty-one brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $102.75.
- [By Logan Wallace]
COPYRIGHT VIOLATION NOTICE: “Microchip Technology Inc. (MCHP) Shares Bought by Cerity Partners LLC” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at www.tickerreport.com/banking-finance/4153411/microchip-technology-inc-mchp-shares-bought-by-cerity-partners-llc.html.
- [By Motley Fool Transcribers]
Microchip Technology Inc (NASDAQ:MCHP)Q3 2019 Earnings Conference CallFeb. 05, 2019, 5:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants
Best Dividend Stocks To Invest In Right Now: Cummins Inc.(CMI)
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric power generation systems, and engine-related component products worldwide. It operates in four segments: Engine, Power Generation, Components, and Distribution. The Engine segment offers a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Power Generation segment offers power generation systems, components, and services, including diesel, natural gas, gasoline, and alternative-fuel electrical generator sets for use in recreational vehicles, commercial vehicles, recreational marine applications, and home stand-by or residential applications. This segment also provides components that make up power generation systems, such as engines, controls, alternators, transfer switches, and switchgears. The Components segment supplies filtration products, turbochargers, aftertreatment systems, intake and exhaust systems, and fuel systems for commercial diesel applications. This segment offers filtration and exhaust systems for on-and off-highway heavy-duty and mid-range equipment, as well as supplies filtration products for industrial and passenger car applications. This segment also develops after treatment and exhaust systems to help customers meet emissions standards and fuel systems. The Distribution segment provides parts and services, as well as service solutions, including maintenance contracts, engineering services, and integrated products. The company sells its products to original equipment manufacturers, distributors, and other customers. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
- [By Ethan Ryder]
Mission Wealth Management LP lessened its holdings in shares of Cummins Inc. (NYSE:CMI) by 12.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,604 shares of the company’s stock after selling 786 shares during the period. Mission Wealth Management LP’s holdings in Cummins were worth $749,000 at the end of the most recent reporting period.
- [By Max Byerly]
Dividend Assets Capital LLC trimmed its position in shares of Cummins Inc. (NYSE:CMI) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,794 shares of the company’s stock after selling 989 shares during the period. Dividend Assets Capital LLC’s holdings in Cummins were worth $908,000 as of its most recent SEC filing.