Key Developments: Masco Corp (MAS)
22.74USD
17 May 2013
$0.53 (+2.39%)
$22.21
$22.40
$22.81
$22.34
3,220,891
4,793,418
$22.81
$11.53
Latest Key Developments (Source: Significant Developments)
Masco Corp Declares Quarterly Dividend
Masco Corp announced that its Board of Directors declared a quarterly dividend of $.075 per common share, payable on February 4, 2013, to shareholders of record on January 4, 2013. Full Article
Masco Corp Declares Quarterly Dividend
Masco Corp announced that its Board of Directors declared a quarterly dividend of $.075 per common share, payable on November 5, 2012, to shareholders of record on October 12, 2012. Full Article
Masco Corp Declares Quarterly Dividend
Masco Corp announced that its Board of Directors declared a quarterly dividend of $.075 per common share, payable on August 6, 2012, to shareholders of record on July 6, 2012. Full Article
Faruqi & Faruqi, LLP Is Investigating Masco Corporation On Behalf Of Its Shareholders
Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, announced that it is investigating potential wrongdoing at Masco Corporation. The investigation focuses on whether certain officers and directors of Masco violated shareholder protection laws by paying executives excessive compensation. Masco's CEO earned a total of $10.058 million in 2010, its CFO $2.45 million, and its COO $4.847 million. These figures represent large increases from the same executive officers' 2008 compensation, even though, Masco's 12 months total revenue declined from $11.413 billion in 2007 to $7.592 billion in 2010. Moreover, the Company's net income of $386 million for 2007 fell to a net loss of $1,043 million in 2010. Not surprisingly, Masco's shareholders expressed their displeasure with the executive compensation packages by voting "no" on Masco Corporation's say on pay provision, yet the Masco Board of Directors ignored both Masco's shareholders and the Company's past performance and approved the executive compensation referenced above. Full Article
Masco Corporation Declares Quarterly Dividend
Masco Corporation announced that its Board of Directors declared a quarterly dividend of $.075 per common share, payable on February 6, 2012 , to shareholders of record on January 6, 2012 . Full Article
Masco Corporation Declares Quarterly Dividend
Masco Corporation announced that its Board of Directors has declared a quarterly dividend of $.075 per common share, payable on November 7, 2011, to shareholders of record on October 7, 2011. Full Article
Masco Corporation Declares Quarterly Dividend
Masco Corporation announced that its Board of Directors declared a quarterly dividend of $.075 per common share, payable on August 8, 2011, to shareholders of record on July 8, 2011. Full Article
TEXT-Fitch affirms Masco's IDR at 'BB'; outlook stable
Feb 20 - Fitch Ratings has affirmed Masco Corporation's (NYSE: MAS) ratings, including the company's Issuer Default Rating (IDR) at 'BB'. The Rating Outlook is Stable. A complete list of rating actions follows at the end of this release.
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