All articles tagged with #dividend increases
Originally Published 6 months ago — by Financial Times
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.
Originally Published 2 years ago — by Yahoo Finance
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%.