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Md. appeals court revives shareholder suit alleging ‘de facto dividend’
Maryland’s second-highest court has revived the shareholder lawsuit of a man who claims his mother and brother illicitly enriched themselves while not paying him a “de facto dividend.”
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 […]
Condor Hospitality Trust to pay 3Q dividends
Condor Hospitality Trust Inc., a hotel-focused real estate investment trust based in Bethesda, will pay a third quarter dividend of 19.5 cents per share
Maryland health care REIT announces 3Q dividends
Global Medical REIT Inc., a Bethesda company that acquires health care facilities and leases them to operators, announced its third-quarter dividends.
Judge rules Rockville executive paid reasonably, no dividends due
After prevailing in a lawsuit brought by the bankruptcy trustee of a former co-owner, a Rockville business and its majority shareholder will be back in court next week to argue […]
First National Bank declares cash dividend on preferred stock
Pittsburgh-based F.N.B. Corp., also known as First National Bank, on Thursday announced that its board of directors declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per […]
T. Rowe Price declares 2nd quarter dividend
T. Rowe Price Group announced today that its board of directors has declared a second quarter dividend of $0.52 per share payable Sept. 29 to stockholders of record as of […]
Microsoft board boosts dividend by 22 pct
REDMOND, Wash. — Microsoft said Tuesday that its board approved a 22 percent increase in the company’s quarterly dividend to 28 cents along with a new $40 billion stock buyback […]
Verizon buying Vodafone’s wireless stake for $130B
NEW YORK — Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone […]
Fed says big banks must improve financial cushions
WASHINGTON — The Federal Reserve says the nation’s largest banks need to do a better job of determining how much capital they need to cushion against a future crisis. In […]
T. Rowe increases quarterly dividend
T. Rowe Price Group Inc., a Baltimore-based investment management company, announced that its Board of Directors has declared a quarterly dividend of 38 cents per share, payable March 27, 2013 to stockholders of record as of the close of business on March 13, 2013.
Exelon 4Q profit falls, plans to cut dividend
Exelon Corp., the parent of Constellation and BGE and the nation’s largest supplier of wholesale electric power, will cut its quarterly dividend for the first time as falling electricity prices […]
