Dividends

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by…

Saudi oil giant Aramco posts 25% fall in full-year profit

Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1…

NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent

New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1…

Paramount falls short of revenue expectations but posts surprise profit, strong streaming results

Paramount Global missed revenue expectations for the fourth quarter on Wednesday but posted a surprise quarterly profit and posted strong…