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Dividend

All articles tagged with #dividend

business24 days ago

Micron Posts Record Q2 2026 Amid AI-Driven Memory Demand, Raises Dividend

Micron Technology reported record Q2 fiscal 2026 results (quarter ended Feb 26, 2026) with revenue of $23.86B, GAAP net income of $13.79B ($12.07 per diluted share) and non-GAAP net income of $14.02B ($12.20), along with operating cash flow of $11.90B and a gross margin of 74.4%. Adjusted free cash flow was $6.9B; capital expenditures were $5.0B and cash/investments totaled $16.7B. The board approved a 30% dividend increase to $0.15 per share. For Q3, Micron guided revenue of about $33.5B ± $0.75B with ~81% gross margin and non-GAAP EPS around $19.15. Business units—Cloud Memory, Data Center, Mobile, and Automotive/Embedded—delivered strong results as the company attributes demand to AI-driven memory needs and plans ongoing manufacturing expansion.

via Micron|
#ai#business#dividend
business1 month ago

Broadcom's Q1 FY2026 Revenue Climbs on AI Demand, Announces Dividend and $10B Buyback

Broadcom posted Q1 FY2026 revenue of $19.3B (up 29% YoY) with GAAP net income of $7.35B and non-GAAP net income of $10.19B; adjusted EBITDA was $13.13B (68% of revenue) and diluted EPS was $1.50 (GAAP) or $2.05 (non-GAAP). Operating cash flow reached $8.26B and free cash flow $8.01B. The Board approved a quarterly dividend of $0.65 per share and a new $10B share repurchase program. For Q2 FY2026, revenue guidance is about $22.0B with ~68% Adjusted EBITDA. AI-driven revenue was $8.4B in Q1 (up 106% YoY) and is expected to hit ~$10.7B in Q2. Semiconductors led with $12.515B of revenue; infrastructure software contributed $6.796B. The company finished the quarter with $14.174B in cash and $63.8B in long‑term debt.

via Broadcom|
#ai-revenue#broadcom#business
State Farm Bets on Customers with $5 Billion Auto Dividend
business1 month ago

State Farm Bets on Customers with $5 Billion Auto Dividend

State Farm Mutual Automobile Insurance Company announced a $5 billion cash-back dividend for auto policyholders—the largest in its history—on top of $4.6 billion in annual auto-rate reductions. The one-time payments will be distributed this summer to qualifying customers across more than 49 million insured vehicles, averaging about $100 per vehicle, reflecting the mutual company’s financial strength and favorable underwriting.

via State Farm|
#auto-insurance#business#dividend
Home Depot lifts dividend, outlines 2026 outlook after 2025 results
business1 month ago

Home Depot lifts dividend, outlines 2026 outlook after 2025 results

Home Depot reported fiscal 2025 results with annual sales of about $164.7B and fourth-quarter sales of $38.2B; US comps rose slightly, with net earnings of $14.16B for the year and $2.57B in Q4, plus adjusted EPS of $14.69 for the year and $2.72 for Q4. The board boosted the quarterly dividend 1.3% to $2.33 per share ($9.32 annual), payable March 26, 2026. For fiscal 2026, the company expects about 2.5%-4.5% sales growth, flat-to up to 2% comp growth, ~15 new stores, gross margin around 33.1%, operating margin roughly 12.4%-12.6% (adjusted 12.8%-13.0%), and adjusted EPS roughly flat to up 4% from 2025, with capital expenditures about 2.5% of sales and about 52 weeks in the year.

via The Home Depot|
#business#dividend#earnings
business2 months ago

GM Caps 2025 With Strong Returns, Dividend Boost and EV Push

GM reports 2025 results with EBIT-adjusted at the high end of guidance and a 54% total return; U.S. market share rose to its highest since 2015, OnStar subscriptions hit 12 million, and several vehicles earned top awards. For 2026, GM targets 8–10% EBIT-adjusted margins in North America, continues strong cash generation, raises the dividend by 20%, and launches a $6B share repurchase while expanding U.S. production toward 2 million units and accelerating its EV profitability plan, all while reiterating forward-looking risk disclosures.

via General Motors|
#business#dividend#earnings
Best High-Yield ETF to Buy Before Year-End
business3 months ago

Best High-Yield ETF to Buy Before Year-End

The Schwab U.S. Dividend Equity ETF (SCHD) is highlighted as a top high-yield ETF for income investors, offering a low expense ratio, diversified holdings in large-cap, high-yield sectors like energy, healthcare, and consumer staples, and a yield close to the risk-free rate, making it an attractive option for balanced income and growth.

via The Motley Fool|
#business#dividend#etf
Carnival Stock Rises on Earnings Beat and Dividend Reinstatement
business3 months ago

Carnival Stock Rises on Earnings Beat and Dividend Reinstatement

Carnival's shares surged after reporting a strong Q4 with a 140% earnings increase, beating estimates, and reinstating its dividend, with optimistic outlooks for 2026. The company set records in 2025, expects further growth, and its stock reached a five-year high, benefiting from record bookings and high occupancy rates. Rival cruise stocks also gained.

via Investor's Business Daily|
#business#carnival#cruise-industry
Costco Shares Fall as Company Holds Back on Special Dividend
business3 months ago

Costco Shares Fall as Company Holds Back on Special Dividend

Costco's shares fell about 2% after the retailer chose not to announce a special dividend, disappointing investors expecting a year-end payout, despite strong quarterly results and positive guidance. The company maintains a solid financial position with significant cash reserves and continues regular dividends, but the absence of a special payout has impacted investor sentiment, especially given the high valuation multiple.

via Yahoo Finance|
#business#costco#dividend