All articles tagged with #dividend increases
Following the Fed's easing of stress test conditions, major US banks like JPMorgan, Goldman Sachs, and Bank of America announced increased dividends and share buybacks, reflecting a more relaxed regulatory environment after passing the recent tests that assessed their resilience to economic crises.
Getty Realty Corp., Equinix Inc., and Kimco Realty Corp. recently announced dividend increases after beating analyst estimates in their third-quarter operating results. Getty Realty, a retail REIT specializing in auto-related properties, reported FFO of $0.57 per share and revenue of $50.49 million, beating estimates and increasing its quarterly dividend by 4.7%. Equinix, a data center REIT, reported FFO of $5.97 and revenue of $2.06 billion, exceeding estimates and raising its dividend by 25%. Kimco Realty, a retail REIT with grocery store-anchored properties, reported FFO of $0.40 per share and revenue of $446.07 million, beating estimates and increasing its dividend by 4.3%.