Nordstrom Inc said on Wednesday it would resume paying quarterly dividends, two years after suspending them, as its business makes a strong recovery from the COVID-19 pandemic. The department store chain plans to pay a quarterly dividend of 19 cents per share on April 13.
Building material maker Boral Ltd will return A$3 billion ($2.12 billion) to its shareholders using mostly proceeds from the sale of several North American businesses that helped it refocus on the domestic market.
(Reuters) -Chevron Corp and Marathon Oil Corp on Wednesday became the latest U.S. oil and gas companies to raise quarterly dividends as a rebound in fuel demand drives energy prices higher.
The ink is barely dry on global growth forecast downgrades from the World Bank and International Monetary Fund, but banks are rushing out their own gloomy assessments.