Key Developments: Home Capital Group Inc (HMCBF.PK)
53.00USD
21 May 2013
$3.81 (+7.74%)
$49.20
$53.00
$53.00
$52.99
600
496
$60.64
$43.13
Latest Key Developments (Source: Significant Developments)
Home Capital Group Inc Announces Dividend
Home Capital Group Inc announced that it has approved the payment of a quarterly dividend of $0.26 per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of $1.04 per share. The dividend is payable on June 1, 2013 to shareholders of record at the close of business on May 17, 2013. Full Article
Home Capital Group Inc Issues FY 2013 Guidance In Line With Analysts' Estimates-Conference Call
Home Capital Group Inc announced that for fiscal 2013, it expects growth in net income of 13% to 18%, growth in diluted earnings per share (EPS), also 13% to 18%. The Company reported net income of $221.98 million and EPS of $6.38 in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report net income of $250.87 million and EPS of $7.22 for fiscal 2013. Full Article
Home Capital Group Inc Announces Dividend
Home Capital Group Inc announced that it has the payment of a quarterly dividend of 26.0 cents per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of $1.04 per share. The dividend is payable on March 1, 2013 to shareholders of record at the close of business on February 25, 2013. Full Article
Home Capital Group Inc Declares Quarterly Dividend
Home Capital Group Inc announced that the Board of Directors declared a quarterly dividend of $0.26 per Common share, payable on March 1, 2013 to shareholders of record at the close of business on February 25, 2013. Full Article
Home Capital Group Inc Reaffirms FY 2012 Net Income Guidance; Announces Dividend Increase
Home Capital Group Inc announced that for fiscal 2012, the Company is within the 13%-18% net income growth target. The Company reported net income of $190.08 million in fiscal 2011. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report net income of $219 million for fiscal 2012. The Company also announced that the Board of Directors declared an increase of $0.04 in the quarterly dividend to $0.26 per Common share, payable on December 1, 2012 to shareholders of record at the close of business on November 16, 2012. Full Article
Home Capital Group Inc Announces Normal Course Issuer Bid
Home Capital Group Inc announced that it has filed with the Toronto Stock Exchange a Notice of Intention to make a Normal Course Issuer Bid, pursuant to which Home Capital may purchase for cancellation up to 3,173,786 of its Common Shares, representing approximately 10.0% of its 31,737,859 public float of issued and outstanding Common Shares. As of September 12, 2012, there are 34,685,090 Common Shares outstanding. The average daily trading volume from March 1, 2012 to August 31, 2012 was 69,013 shares. Daily purchases will be limited to 17,253 Common Shares, other than block purchase exceptions. The purchases may commence on September 15, 2012, and will terminate on September 14, 2013, or on such earlier date as Home Capital may complete its purchases pursuant to the Notice of Intention. The purchases made by Home Capital will be effected through the facilities of TSX and in accordance with the rules of TSX. The price that Home Capital will pay for any Common Shares will be the market price of such shares at the time of acquisition. Home Capital will make no purchases of Common Shares other than open-market purchases. Full Article
Home Capital Group Inc Reaffirms FY 2012 Earnings Guidance; Declares Quarterly Dividend
Home Capital Group Inc. reaffirmed its fiscal 2012 guidance and expects net income to grow at 13%-18% rate and diluted earnings per share (EPS) to grow at 13%-18%. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report net income of $219 million and EPS of $6.29 for fiscal 2012. Home Capital Group Inc also announced that its Board of Directors declared a quarterly dividend of $0.22 per Common share, payable on September 1, 2012 to shareholders of record at the close of business on August 15, 2012. Full Article
Home Capital Group Inc. Announces Dividend Increase
Home Capital Group Inc. announced that the Board of Directors of the Company have approved the payment of a quarterly dividend of $0.22 per share on the outstanding Common Shares of the Company. This represents a $0.02 per share increase in its quarterly dividend and is equivalent to an annual dividend of $0.88 per share. The dividend is payable on June 1, 2012, to shareholders of record at the close of business on May 15, 2012. Full Article
Home Capital Group Inc. Comments On FY 2012 Earnings Guidance
Home Capital Group Inc. announced that for fiscal 2012, it expects net income to grow at 13%-18% rate and diluted earnings per share (EPS) to grow at 13%-18%. Full Article
Home Capital Group Inc. Announces Dividend
Home Capital Group Inc. announced that the Board of Directors of the Company have approved the payment of a quarterly dividend of $0.2 per share on the outstanding Common Shares of the Company, which is equivalent to an annual dividend of $0.8 per share. The dividend is payable on March 1, 2012, to shareholders of record at the close of business on February 23, 2012. Full Article
Fitch Affirms Home Capital's IDRs at 'BBB/F2'; Outlook Remains Negative
(The following statement was released by the rating agency) NEW YORK, April 04 (Fitch) Fitch Ratings has affirmed the 'BBB/F2' long-term and short-term IDRs of Home Capital Group Inc. (HCG). The Rating Outlook remains Negative. A complete list of rating actions follows at the end of this release. RATING ACTION RATIONALE HCG's IDRs reflect its concentrated business mix, small size and funding reliance on brokered time deposits. Ratings are supported by HCG's solid performance, favorable track
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