dividend Archives - CFO

BP Halves Dividend, Posts $16.8B Loss in Q2

Financial Performance

BP Halves Dividend, Posts $16.8B Loss in Q2

The energy giant was forced to write down the value of exploration assets by $6.5 billion due in part to the decline in oil and gas prices.

By Matthew Heller | August 4, 2020

Wells Fargo Announces $2.4B Loss, Dividend Cut

Financial Performance

Wells Fargo Announces $2.4B Loss, Dividend Cut

“We are extremely disappointed in both our second-quarter results and our intent to reduce our dividend,” CEO Charlie Scharf says.

By Matthew Heller | July 14, 2020

GameStop Shares Drop 29% After Dividend Halt

Financial Performance

GameStop Shares Drop 29% After Dividend Halt

The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.

By Matthew Heller | June 5, 2019

Barclays Shares Jump 4.4% on Dividend Hike

Investment Banking

Barclays Shares Jump 4.4% on Dividend Hike

The bank had cut the dividend by more than half two years ago but is confident it will "generate excess capital going forward."

By Matthew Heller | February 22, 2018

Are Rising Dividend Payouts Backed By Cash?

Working Capital

Are Rising Dividend Payouts Backed By Cash?

“Firms are only capable of sustainably maintaining their dividend payouts provided they are generating sufficient free cash flow,” researchers contend.

By David Katz | January 3, 2018

GE Makes First Dividend Cut Since Depression

Financial Performance

GE Makes First Dividend Cut Since Depression

The slashing of the dividend by 50% continues CEO John Flannery's push to confront the challenges facing GE.

By Matthew Heller | November 13, 2017

In Health Care, Reinvestment Outshines Dividends, Buybacks, Debt

In Health Care, Reinvestment Outshines Dividends, Buybacks, Debt

To drive shareholder returns in health care, CFOs should stress financial policies that build financial flexibility rather than leverage.

By Joseph Theriault, Marwaan Karame, and Gregory V. Milano | April 11, 2017

Unilever Revamps in Wake of Rejecting Kraft

Unilever Revamps in Wake of Rejecting Kraft

The company is buying back shares and taking other steps to placate investors after its rebuff of Kraft's $143 billion takeover bid.

By Matthew Heller | April 6, 2017

Microsoft to Spend Up to $40B on Share Buyback

Microsoft to Spend Up to $40B on Share Buyback

The software giant is also raising its dividend by 8% as it continues to share its cash hoard with investors.

By Matthew Heller | September 21, 2016

GE Parlays GE Capital Asset Sale into $50 Billion Buyback

GE Parlays GE Capital Asset Sale into $50 Billion Buyback

The exits of targeted GE Capital businesses should release about $35 billion in dividends that are expected to be allocated to the buyback.

By David Katz | April 10, 2015

SAP Being Boosted by Weak Euro

Global Business

SAP Being Boosted by Weak Euro

The software giant does hedge its foreign cash flows, but the euro's drop could still give 2015 sales and earnings a double-digit percentage boost.

By Katie Kuehner-Hebert | March 20, 2015

U.S. Corporate Cash Holdings Drop 5%

U.S. Corporate Cash Holdings Drop 5%

Industrial companies are no longer growing their cash reserves, instead deploying it to reward shareholders and invest in capital goods.

By Matthew Heller | September 30, 2014

Rethinking Buybacks

Rethinking Buybacks

To earn a “return” on stock buybacks, you need a more sophisticated message and better execution.

By Vincent Ryan | July 24, 2014

The Red-Hot Middle-Market

The Red-Hot Middle-Market

Neil Wessan, group head of CIT Capital Markets, explains how the financing giant is staying disciplined in its underwriting.

By Vincent Ryan | October 28, 2013

Let’s Stand by the Dividend: Treasurer

Let’s Stand by the Dividend: Treasurer

If the Bush Tax Cuts expire, will it hurt the share price of a company that pays a large, regular dividend? In another edition of the Treasurer’s Inbox, a treasurer explains to a CFO why there’s no need to worry.

By Patrick Guido | August 31, 2012