All Downloads are FREE. Search and download functionalities are using the official Maven repository.

datasets.iitb.crawledDocs.yn_08Oct08_file_51 Maven / Gradle / Ivy

There is a newer version: 1.3.6
Show newest version
    Welcome, Guest [ , ] - 8988914 AP Teekay boosts quarterly dividend 15 percent Tuesday October 7, 11:01 am ET Teekay raises quarterly dividend 15 percent, announces $200 million share buyback MINNEAPOLIS (AP) -- Oil tanker operator Teekay Corp. said Tuesday it will increase its quarterly dividend by 15 percent to 31.625 cents per share, from 27.5 cents previously. The dividend will be paid on Oct. 31 to shareholders of record on Oct. 17. The Bermuda-based company also said it will repurchase $200 million of its shares, or about 14 percent of shares outstanding based on Monday's prices. Share repurchases take a company's shares out of circulation, boosting profits that are measured on a per-share basis. Teekay shares rose $1.38, or 7.1 percent, to $20.80 on Tuesday. They're still near the low end of their 52-week range of $18.50 to $60.46. Copyright © 2008 Yahoo! Inc. All rights reserved. - Copyright © 2008 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.  




© 2015 - 2024 Weber Informatics LLC | Privacy Policy