LONDON (Reuters) – Coronavirus crisis will see the world’s largest companies pay dividends between 17% -23% this year, which could be as high as $ 400 billion this year, a new report has shown, as sectors such as tech are fighting the trend. PHILO PHOTO: Passers-by wearing protective face masks …
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Investors had braced themselves for the bad news for Exxon Mobil Corp. and Chevron Corp., and their fears were confirmed on Friday when both power companies reported second-quarter results that showed sharp declining sales and losses amid economic destruction caused by the coronavirus. Exxon XOM, -0.58% reported an adjusted loss …
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If you have dividends to generate retirement income, you may want to moderate your expectations. Wells Fargo joined this week’s list of 773 publicly traded companies, 63 of them on the S&P 500, whose dividends are being reduced or suspended. While you may not have seen many changes in income …
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(Reuters) – Bank of America Corp saw its earnings more than half in the second quarter as it set aside $ 5 billion against future credit losses in what its top boss called the “most tumultuous period since the Great Depression.” FILE PHOTO: A Bank of America building is seen …
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Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
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