Stock offerings
Noerr, led by Dr. Stephan Schulz, advised Hamburg-based TAG Immobilien AG on the implementation of its first stock dividend, a move that offers shareholders the option to receive the dividend for the 2024 financial year entirely in cash or partly in cash and partly in the form of new TAG
Banks (Finance)
The Central Bank of Nigeria's directive to top banks has led to a multi-year dividend drought for some of the country's largest lenders. Access Holdings Plc, Zenith Bank Plc, and First Bank Holdings may suspend dividend payments until 2028 as they confront regulatory pressure to rebuild
Banks (Finance)
The Nigerian stock market saw a significant decline on Monday, with the NGX Banking Index taking the biggest hit at 3.98% as investors offloaded bank stocks following the Central Bank of Nigeria's (CBN) directive to temporarily suspend dividend payments to shareholders. The NGX All Share Index (ASI)
Banks (Finance)
The Central Bank of Nigeria (CBN) has issued a directive to banks under regulatory forbearance to temporarily suspend dividends, bonuses, and new investments in foreign subsidiaries. The move, part of a broader strategy to ensure banks strengthen their financial resilience and comply with capital adequacy and loan provisioning standards, has
Dividends
Infosys promoters have retained a substantial stake in the company, allowing them to reap significant dividends from the latest payout. The total dividend payout of Rs 43 per share, including an interim dividend of Rs 21 per share for FY25, translated into a substantial Rs 2,330 crore, shared among
Dividends
The Reserve Bank of India (RBI) has announced a record dividend payout of Rs 2.69 lakh crore to the central government for the financial year 2024-25. This bumper payout reflects the RBI's strong earnings from dollar sales and interest income, but a revised risk buffer under the
Stock exchanges
AngloGold Ashanti plc, a prominent gold mining company, has announced the conversion details for its dividend payment in South African Rand. The Board of Directors had previously resolved to distribute a dividend of 12.5 US cents per share for the first quarter of 2025. To convert the dividend to
Stock exchanges
As of May 15, 2025, Hafnia Limited has issued a stock exchange announcement regarding the ex-dividend dates for the first quarter of 2025. According to the announcement, the shares of the company will be traded ex-dividend on the Oslo Stock Exchange from May 22, 2025, and on the New York
Banking industry
Stellar Bancorp, a bank holding company headquartered in Houston, Texas, has declared a quarterly cash dividend of $0.14 per share of common stock. The dividend will be payable on June 30, 2025, to shareholders of record at the close of business on June 16, 2025. This decision reflects the
Banking industry
Unity Bancorp, Inc., the parent company of Unity Bank, has declared a cash dividend of $0.14 per common share, payable on June 20, 2025, to shareholders of record as of June 6, 2025. This dividend declaration underscores the company's commitment to delivering value to its shareholders. With
Banking industry
Republic Bancorp, the parent company of Republic Bank & Trust Company, has declared a cash dividend for its shareholders. The dividend, amounting to $0.451 per share for Class A Common Stock and $0.41 per share for Class B Common Stock, will be payable on July 18, 2025, to
Banking industry
First US Bancshares, Inc., a bank holding company operating in Alabama, Tennessee, and Virginia, has announced its decision to declare a cash dividend of $0.07 per share. This dividend payment is aimed at rewarding shareholders while maintaining a strong capital base. The dividend is payable on July 1, 2025,
