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Posts published in “Stocks”

All You Need to Know About Living Off Dividends

Preparing for retirement may take more time, money, and effort than you think. It is especially harder to transition this year as inflationary pressures intensify. Although it may benefit savers and lenders, its impact is less desirable than we think. It erodes the value of dollars and, in turn, hurts the purchasing power of consumers.…

Turkish banks seek clearance for dividends after record 2022 profits

ISTANBUL, Dec 28 (Reuters) - Several big Turkish banks want to issue dividends to shareholders after posting record profits in 2022 and the country's BDDK banking watchdog is considering the request, three banking sources familiar with the issue said.Each year the BDDK makes recommendations regarding banks' profit distribution. In 2021, dividends were up to 10%…

Southwest Airlines brings back dividend as travel rebounds

DALLAS -- Southwest Airlines said Wednesday that it is bringing back dividends for shareholders, which it suspended when the pandemic devastated the airline business in early 2020.Dallas-based Southwest said in a regulatory filing that it will pay a quarterly dividend of 18 cents per share on Jan. 31.The move comes as air travel rebounds and…

Australia records first current account deficit in three years

SYDNEY, Dec 6 (Reuters) - Australia's current account fell into deficit for the first time in three years last quarter as robust domestic demand sucked in imports and miners paid more dividends abroad, though the drag on economic growth was not as large as first feared.Data from the Australian Bureau of Statistics on Tuesday showed…

USWNT to earn more from men’s World Cup than from winning title in 2019

USA’s World Cup win over Iran on Tuesday paid dividends for both the men’s and women’s national teams.The US men are guaranteed $13m in prize money for reaching the last 16 in Qatar. That will be shared equally between the men’s and women’s teams under the equal pay agreement struck between US Soccer and the…

World Series: Ranger Suárez shuts down the Astros in Game 3 | Flippin’ Bats

Ben Verlander and Alex Curry breakdown how the postponement of Game 3 paid dividends for the Philadelphia Phillies with the help of Ranger Suárez shutting down the Houston Astros. AN HOUR AGO・Flippin' Bats with Ben Verlander・1:30 share MLB - Astros vs. Phillies - 11/2/2022 Ranger Suárez Philadelphia Phillies Major League Baseball Alex Curry Flippin' Bats…

Polestar chairman sees more design bosses rising to CEO

COPENHAGEN, Denmark -- Five years ago, Polestar Chairman Hakan Samuelsson boldly decided to turn a Swedish tuning specialist into a global stand-alone brand for high-performance electrified models. Equally daring was the former Volvo Cars CEO's decision to promote his design boss, Thomas Ingenlath, to CEO of Polestar. His faith has been rewarded as Ingenlath took…