article thumbnail

Noble Corporation To Acquire Diamond Offshore Drilling In $15.52/Share Deal; Enhances Dividend Payouts By 25%

Benzinga

premium over Diamond’s closing share price on June 7, 2024. Dividend Boost : Additionally, Noble’s Board of Directors has approved a 25% increase in its quarterly dividend to $0.50 The implied cash and stock consideration for Diamond shareholders is $15.52 per share, reflecting an 11.4%

article thumbnail

Mastering the Dividend Dance

Auto Dealer Valuation Insights

A recent Wall Street Journal article noted that, while the effects of the pandemic have receded from many aspects of American life in mid-2024, investors continue to deal with dividend disruptions. companies that suspended dividend payments during the pandemic, all but 47 have resumed payouts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Exploring key 2024 tax bill proposals

ThomsonReuters

As we step into a new year, the taxation realm is abuzz with discussions surrounding the Tax Relief for American Families and Workers Act of 2024. Tax policy impact: The No Capital Gains Allowance for American Adversaries Act proposes significant changes to tax treatment for gains and dividends derived from specified countries of concern.

article thumbnail

NYCB Dividend Cut

Essentials of Corporate Finance

On January 31, 2024, the company announced that it would clash its quarterly dividend from 4.17 With high interest rates, New York City rent control policies, and changing demand for commercial real estate in New York City, investors are concerned about the bank's future performance. 05, a 70 percent cut.

article thumbnail

ARCA biopharma Declares Special Dividend in Connection with the Proposed Merger with Oruka Therapeutics

Benzinga

Special dividend estimated to be $1.59 per share Payment of special dividend conditioned upon ARCA stockholder approval of the Proposed Merger with Oruka WESTMINSTER, Colo., 16, 2024 (GLOBE NEWSWIRE) -- ARCA biopharma, Inc. The Special Dividend, which ARCA estimates will be $1.59 MT on August 22, 2024.

article thumbnail

Data Update 2 for 2024: A Stock Comeback - Winning the Expectations Game!

Musings on Markets

As we move into 2024, it looks like expectations have been reset, with most forecasters now expecting the economy to glide in for a soft landing and interest rates to decline, and while that may seem like good news, it will represent a challenge for equity market investors.

article thumbnail

Icon Energy Corp. Announces Quarterly Cash Dividend of $0.08 per Common Share, Entering into a Financing Term Sheet, and Earnings Preview

Benzinga

23, 2024 (GLOBE NEWSWIRE) -- Icon Energy Corp. Icon" or the "Company") (NASDAQ: ICON ), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes, today announces: a cash dividend of $0.08 per common share ($116,000 in aggregate) for the second quarter of 2024.