Harvard Corporate Governance

OCTOBER 27, 2023

Osterrieder is Professor of Finance and Artificial Intelligence at the University of Twente. While companies put forth various reasons for pursuing share buybacks, it is the argument that frames them as an attractive alternative to dividends for returning capital to shareholders that generates the most contention.

Dividends 160

Dividends Finance Equity 160

Benzinga

AUGUST 23, 2024

("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 The cash dividend will be paid on or around September 30, 2024, to all of our common shareholders of record as of September 15, 2024.

Dividends 45

Dividends Finance 45

Essentials of Corporate Finance

FEBRUARY 11, 2024

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.

Dividends 52

Dividends Banking 52

Farrel Fritz

MARCH 6, 2023

De facto dividend. Disguised dividend. Constructive dividend. The tax laws thus provide no small incentive for owners of closely held companies to pay themselves, shall we say, generous compensation in lieu of declaring and paying dividends.

Dividends 52

Dividends Compliance Finance 52

Business Wire M&A

MAY 9, 2023

(NYSE: BRMK) (“Broadmark” or the “Company”), a specialty real estate finance company, announced today that its Board of Directors has declared a cash dividend of $0.035 per share of common stock for May 2023. The dividend will be payable on May 30, 2023 to stockholders of record as of May 24, 2023.

Dividends 40

Dividends Finance 40

Musings on Markets

JANUARY 11, 2024

The six classes that I prepped for in those two years ranged from banking to investments to corporate finance, and while I have never worked harder, much of what I teach today came out of those classes. In 1984, I moved on to the University of California at Berkeley, as a visiting lecturer, teaching anything that needed to be taught.

Corporate Finance 145

Corporate Finance Finance Dividends Start-ups 145

Benzinga

DECEMBER 29, 2023

An update is provided on several matters of importance for Shareholders including the acquisition, an associated dividend for ILUS Shareholders, merger agreement negotiations, subsidiaries, and financing. The company has signed contracts to acquire the controlling interest of an OTC listed SEC Reporting company.

Dividends 40

Dividends Finance Equity Technology 40

Benzinga

DECEMBER 13, 2024

The dividend is designated as an eligible dividend for Canadian income tax purposes. per share to be paid on January 15, 2025, to shareholders of record on December 31, 2024. Credit Facility Increase In connection with the Acquisition, Freehold increased its credit facilities by $50 million to $450 million.

Dividends 40

Dividends Finance 40

Global Finance

SEPTEMBER 9, 2024

Access to finance was a huge concern at the start of the pandemic [in 2020] as thoughts turned to the global financial crisis and a potential repeat of bank insolvency,” notes Kristen Roberts, partner and head of the London corporate debt practice at HSF. “So It’s a predicament that started to emerge as far back as 2018. Now it’s 13%.

Treasury 105

Treasury Banking Finance Dividends 105

Global Finance

JULY 23, 2024

Significantly, Mizuho CEO Masahiro Kihara said the bank will either pass on the proceeds from its sales of equity holdings to investors as dividends or invest them in growth-directed activities, and Sumitomo Mitsui aims to reduce the market value of its equity holdings to less than 20% of the value of its consolidated net assets.

Price to Book 111

Price to Book Banking Dividends Equity 111

Musings on Markets

JANUARY 5, 2024

I have also developed a practice in the last decade of spending much of January exploring what the data tells us, and does not tell us, about the investing, financing and dividend choices that companies made during the most recent year. Dividends and Potential Dividends (FCFE) 1. Dividend yield & payout 3.

Dividends 105

Dividends Risk Premium Equity Book Value 105

Benzinga

APRIL 26, 2023

Net Interest and Dividend Income Tax equivalent net interest income of $11.3 See SUPPLEMENTAL INFORMATION – Net Interest and Dividend Income on page 9 of this release for additional details. million, were partially offset by common stock dividends paid of $0.9 Non-Interest Income Non-interest income of $2.7

Dividends 40

Dividends Banking Equity Book Value 40

Benzinga

APRIL 8, 2024

million convertible note bridge financing. Dividends on the Preferred Shares shall accrue at 10.0% Completion of the Varian asset acquisition and the bridge financing represents a potentially transformative next step for Windtree. The Company also completed a $1.5 per annum, subject to limited exceptions.

Finance 45

Finance Dividends 45

Benzinga

JULY 17, 2024

The acquisition was financed with cash on-hand and borrowings under Kronos' global revolving credit facility. Kronos may continue to evaluate and explore additional financing opportunities, subject to market conditions. Kronos will report LPC as a wholly-owned subsidiary beginning with its third quarter Form 10-Q filing.

Dividends 40

Dividends Finance EBITDA Marketability 40

Valutico

AUGUST 30, 2023

Explaining Free Cash Flow: Cash flow is like the lifeblood of a business (or your personal finances). Beyond valuations, the Terminal Growth Rate is used in various areas within the realm of finance and business decision-making. The rate at which dividends can grow sustainably is linked to the Terminal Growth Rate.

Terminal Value 98

Terminal Value Dividends Weighted Average Cost of Capital Discounted Cash Flow 98

Musings on Markets

DECEMBER 21, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023. The class starts with a question of what the end game should be for a business (profitability, value, social good?)

Corporate Finance 99

Corporate Finance Finance Start-ups Marketability 99

Benzinga

APRIL 28, 2023

With the success of the first quarter, the Board announced a quarterly cash dividend of $0.20 million in dividends during the first quarter of 2023. Our focus throughout the remainder of 2023 will be on continued quality growth in loans and deposits, a laser focus on expense control and a laser focus on asset quality. 31, 2023 Dec.

Dividends 40

Dividends Banking Book Value Equity 40

RNC

JULY 2, 2024

Dividend Discount Model DDM estimates the present value of expected future dividends from owning a stock. This model evaluates the stock’s fair price based on its dividend yield and expected growth rate. Asset-Based Valuation Asset-based valuation values a company based on the market worth of its assets minus liabilities.

Business Valuation 52

Business Valuation Dividends Discounted Cash Flow Price to Earnings 52

Brian DeChesare

OCTOBER 26, 2022

For example, if the company claims it will generate $5 billion of Free Cash Flow and use it to repay $1 billion of Debt and issue $4 billion in Dividends, is that realistic? Might it need outside financing? One exception to these simple rules is the Dividends line, which we forecast based on the Dividend Payout Ratio (i.e.,

Dividends 72

Dividends Start-ups Finance Equity 72

Global Finance

OCTOBER 6, 2024

Bhutan now allows foreign investors to repatriate dividends, and the limit on leases of state land was extended this year from 30 years to 99. The post Bhutan: The Happiness Economy appeared first on Global Finance Magazine. In our thirteenth five-year plan, we have targeted $6 billion of FDI.”

Banking 119

Banking Dividends Marketability Finance 119

Andrew Stolz

AUGUST 5, 2020

Dividend per share . The growth rate of dividends . There are two ways you can calculate the cost of equity, which are the CAPM and the Dividend capitalization model. Dividend capitalization model: Cost of equity = (DPS/CMV) + GRD. The dividend capitalization model can only be used for firms that pay out dividends.

Equity 52

Equity Risk-free Rate Dividends Beta 52

Andrew Stolz

AUGUST 7, 2020

Within corporate finance, the agency problem is considered as the conflict of interest between the company’s managers and its stockholders. A secondary conflict is that managers want to re-invest profits in the business, while shareholders may prefer more dividends paid out. Definition of the Agency Problem.

Dividends 52

Dividends Corporate Finance Finance Banking 52

Andrew Stolz

AUGUST 6, 2020

The Gordon growth model, or GGM, is used to calculate the intrinsic value of a stock from future dividends. The model only works for companies that pay out dividends, which have a constant growth rate. Dividend growth rate . What Impacts the Gordon Growth Model? The required rate of return . P = D 1 /r – g.

Dividends 52

Dividends Equity Business Valuation Finance 52

Brian DeChesare

JANUARY 4, 2023

As an example of this last problem, consider two “value” funds: the Vanguard International High Dividend Yield Index Fund and the International Value Fund. They both invest in large-cap foreign stocks, but the “High Dividend Yield” fund was down by 7% for the year, while the value one was down by 12%.

Marketability 98

Marketability Start-ups Treasury Dividends 98

Andrew Stolz

NOVEMBER 17, 2021

When I started in finance, buybacks were almost unheard of; now, companies prefer to distribute cash through buybacks. companies have distributed more money through buybacks than through dividends. This pushes companies to buy back shares rather than issue dividends. Chart from Kroen (2021).

Dividends 52

Dividends Capital Structure Banking Start-ups 52

Musings on Markets

JANUARY 21, 2023

The first is the dividends you receive, while you hold stocks, a cash flow stream that provides a measure of stability to investors who seek it. Actual Returns Your returns on equities come in one of two forms. There are clearly input estimates that you can take issue with, especially on earnings and cashflows.

Equity 93

Equity Risk Premium Start-ups Dividends 93

Benzinga

SEPTEMBER 23, 2024

Reduced interest rates can have a highly supportive effect on infrastructure stocks, benefiting from cheaper financing, increased government and private sector investment, higher appeal for dividend-seeking investors, and potential growth in related sectors like real estate. growth, the broader Construction sector's 22.6%

Dividends 52

Dividends Finance Marketability 52

Reynolds Holding

JUNE 16, 2024

Other corporate distributions that have a similar effect on ownership are cash financed acquisitions and going private transactions. Our article formalizes these insights, showing how fund fees, capital gains returns, dividend and capital gains distributions, and balance sheet effects shape institutional growth.

Dividends 45

Dividends Covariance Equity Finance 45

Reynolds Holding

OCTOBER 3, 2024

In a new paper , we explore the role of equity financing in supporting firms during the pandemic. Specifically, we examine how receiving equity financing affected stock performance, financial distress, and firms’ pay outs and investment decisions. These effects prompted widespread calls for solutions.

Equity 45

Equity Equity Financing Dividends Finance 45

Andrew Stolz

AUGUST 6, 2020

Absolute valuation is calculated through the discounted dividend model (DDM) method and discounted cash flow (DCF) method where you only focus on the stock and look at its dividends, cash flow, and growth. Often companies don’t pay dividends every quarter or every year hence making their payouts irregular. D0 = D1 ÷ (r – g).

Discounted Cash Flow 52

Discounted Cash Flow Dividends Price to Earnings Net Present Value 52

Reynolds Holding

DECEMBER 10, 2023

As a capital allocation decision, share buybacks intersect all three of the main corporate finance activities of investing, financing, and dividends [1]. The point being that although the logic for each of these rationales is distinct, the very act of doing a share buyback influences the whole of the corporate finance ecosystem.

Dividends 45

Dividends Total Shareholder Return Corporate Finance Finance 45

Essentials of Corporate Finance

AUGUST 10, 2022

As we showed in the text, dividends and stock repurchases affect a company and investors in much the same way. The tax may push companies toward dividends, although since the new tax wouldn't take effect until 2023, analysts are expecting large repurchases to be completed by the end of 2022.

Dividends 52

Dividends 52

Musings on Markets

JANUARY 19, 2022

When you augment this price change with the dividends on the index during 2021, the total return on the S&P 500 for 2021 was 28.47%. With equities, the cash flows take the form of dividends and buybacks, and in addition to estimating them using future growth rates, you have to assume that they continue in perpetuity.

Risk Premium 98

Risk Premium Risk-free Rate Start-ups Equity 98

RNC

AUGUST 23, 2024

Read Article : [link] Dividend Discount Model (DDM) : For companies that pay dividends, the DDM calculates the stock’s value based on the present value of expected future dividends. This method is ideal for mature companies with a stable dividend history. What is security valuation in finance?

Discounted Cash Flow 52

Discounted Cash Flow Dividends Precedent Transaction Analysis Compliance 52

RNC

AUGUST 23, 2024

Read Article : [link] Dividend Discount Model (DDM) : For companies that pay dividends, the DDM calculates the stock’s value based on the present value of expected future dividends. This method is ideal for mature companies with a stable dividend history. What is security valuation in finance?

Discounted Cash Flow 52

Discounted Cash Flow Dividends Precedent Transaction Analysis Compliance 52

Musings on Markets

AUGUST 5, 2023

Corporate Finance : The role of the equity risk premium in determining the expected return on a stock makes it a key input in corporate finance, as well, because that expected return becomes the company's cost of equity.

Risk Premium 97

Risk Premium Equity Start-ups Treasury 97

Andrew Stolz

AUGUST 4, 2020

Dividends . There are two methods of calculating expected market returns, an earnings-based or a dividend-based approach. Dividend model ? What Impacts the Equity Risk Premium? Market expected return: Stock prices are influenced by internal factors (management), economic factors, political factors, demand, and supply, etc.

Risk Premium 52

Risk Premium Equity Risk-free Rate Dividends 52