Financial markets
Bangladesh Securities and Exchange Commission (BSEC) has instructed 44 listed companies to transfer approximately Tk 1,000 crore in unclaimed dividends to the Capital Market Stabilisation Fund (CMSF) without further delay. The move aims to bolster investor confidence and revive idle capital. The directive follows a recent audit review presented
Stock offerings
Tata stocks have become a topic of interest among investors due to the current market rally and dividend payout announcements. This analysis compares the three Tata stocks: Tata Motors, Tata Elxsi, and Tata Consultancy Services, across various parameters such as dividend payouts, market capitalization, share prices, and long-term returns. The
Financial markets
MCB Investment Management Limited, as the management company for Alhamra Islamic Money Market Fund (ALHIMMF), has approved a daily dividend payout amounting to Re. 0.0279 per unit. The dividend will be distributed to unit holders whose names were listed in the unit holder register by the close of July
Stock offerings
Castleview Property Fund Limited has announced a dividend reinvestment price of 953.94000 cents per share for shareholders electing the dividend reinvestment alternative. The reinvestment price is equal to the net asset value per Castleview share as at 31 March 2025. Shareholders are advised that the finalisation date is Monday,
Financial markets
CIBC World Markets' head of portfolio strategy, Ian de Verteuil, is optimistic about the prospects of dividend-paying stocks, citing a expected influx of investment assets from money market funds and GICs. Despite operational issues faced by REITs and communications companies, de Verteuil believes these headwinds are priced in, and
Stock offerings
In a significant move, FOURACE INDUSTRIES GROUP HOLDINGS LIMITED has announced plans to declare a final dividend and a special dividend for its shareholders. The proposed dividends amount to HK1.5 cents and HK2.0 cents per share, respectively. Shareholders will need to approve the proposal at the upcoming Annual
Financial markets
The Egyptian Exchange announced that Capital For Securitization, issuer of the 3rd issue, 7th program tranche D Dec 26 FR bond, has declared bond dividends for its first coupon, marked for payment in July 2025. This development highlights a significant milestone in the fixed interest securities market. The coupon interest
Stock offerings
Absa Bank Limited has announced the finalisation of its repurchase offer to redeem all preference shares, in accordance with a Scheme of Arrangement approved by preference shareholders. As a result, the Preference Shares will be delisted from the Main Board of the Johannesburg Stock Exchange. Additionally, the company has declared
Stock offerings
As Nigeria's Central Bank introduces new recapitalization requirements, banks are racing to comply while maintaining attractive dividend payouts for shareholders. Despite momentum in capital-raise programs, analysts warn that balancing regulatory compliance with investor expectations may become increasingly difficult. The tension is evident as several lenders navigate their recapitalization
Financial markets
Arenadata Group PJSC, a Russia-based data management solutions provider, has announced a cash dividend payment for its ordinary and preferred shares. The dividend payment is scheduled for two separate dates: June 24, 2025, for registered nominees and trustees, and July 15, 2025, for other registered entities. The record date for
Financial markets
The National Settlement Depository (NSD) has notified market participants of a forthcoming cash dividend payment by NBD-Bank. The payment relates to preferred shares issued by the bank with a defined dividend. According to the NSD release, the payment details include a record date of May 27, 2025, and payment dates
Dividends
Jiayin Group Inc., a fintech platform in China, has declared a record date and payment date for its upcoming cash dividend distribution. The company's board of directors has approved the distribution of US$0.20 per ordinary share, or US$0.80 per American depositary share (ADS), to
