PR Newswire Association L.L.C.
The Timken Company, a leading manufacturer of bearings and power transmission products, has announced a quarterly cash dividend of 25 cents per share. This marks the 371st consecutive quarter that the company has maintained its dividend payment record, dating back to its listing on the New York Stock Exchange in
PR Newswire Association L.L.C.
Federated Investors, a leading investment manager, has announced the declaration of monthly dividends for its Federated Premier Municipal Income Fund (FMN) and Federated Premier Intermediate Municipal Income Fund (FPT). Both funds aim to provide investors with tax-exempt income from regular federal income tax and the federal alternative minimum tax (AMT)
Banking industry
Wachovia Corporation's board of directors recently approved the company's regular quarterly cash dividend on its common stock, setting the payment amount at 51 cents per share. This dividend is payable on December 15, 2005, to shareholders who were recorded as of the close of business on
Banking industry
Webster Financial Corporation, the holding company for Webster Bank, N.A., has declared a regular quarterly cash dividend of $0.25 per common share. This payment marks the 73rd consecutive quarterly dividend since the company first paid one in 1987. Shareholders of record on October 31, 2005, will receive the
Corporate finance
Redrow, a construction group, has pledged to accelerate volume growth despite forecasts of a slowdown in house price inflation. The company's enhanced land bank and high level of forward sales are expected to enable it to deliver growth exceeding its historical 6% average. Redrow has also reported a
Corporate finance
Airbus co-chief Philippe Camus expects benefits of global air traffic recovery in 2005, with passenger traffic growing 7 per cent this year. The Asia-Pacific region is expected to lead the recovery, allowing airlines to repair their balance sheets. Airbus delivered 305 aircraft in 2004, taking 254 net orders, and is
