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Showing posts from April, 2020

Dividend Aristocrat People's United Financial raises dividend by 1.4%

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People's United Financial (PBCT) will increase its quarterly dividend by 1.4 percent this year.

Autoliv suspends dividend

Autoliv (ALV) will suspend its quarterly dividend because of the COVID-19 pandemic. The company last raised its quarterly dividend by 3.3 percent to $0.62 per share in the first quarter of 2018. In today's press release the company withdraws its 2020 guidance and announces the cancellation of its quarterly dividend until the COVID-19 pandemic effects can be better assessed. The company states that is is cancelling the dividend scheduled for June 4, 2020 and suspending future dividends although the Board of Directors will review such suspension on a quarterly basis. Autoliv, Inc. is a supplier of automotive safety systems. The company manufactures and markets protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. The company's shares are listed on the New York Stock Exchange (ticker ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). Autoliv had paid a divide...

Berry Corporation suspends dividend

Berry Corporation (BRY), formerly Berry Petroleum, will suspends its quarterly dividend. In its press release the company states that it will temporarily suspend its regular quarterly dividend until oil prices recover. The company initiated a quarterly dividend of 9 cents per share in August 2018 and hiked its payment once in November 2018. The last quarterly dividend of 12 cents per share will be paid on April 15, 2020. Berry is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Berry Corporation became a public company as Berry Petroleum in July 2018 and had been paying a dividend since 2018 prior to the suspension announced in April 2020.