TITLE

Will Dividends Come Back?

AUTHOR(S)
Monks, Matt
PUB. DATE
November 2010
SOURCE
Investment Dealers' Digest;11/12/2010, Vol. 76 Issue 42, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the consequences of the attempt of bank regulators to loosen restrictions on dividend payments in the U.S. It mentions various banks which slashed dividends to conserve cash during the financial crisis including Wells Fargo & Co., PNC Financial Services Group Inc., and State Street Corp. It cites the advantages and disadvantages of raising dividends. It notes that some banks may likely to maintain modest payouts due to the uncertain economy and a desire to do acquisitions.
ACCESSION #
55300442

 

Related Articles

  • Image Issues Called Factor In the Latest Dividend Cuts. Monks, Matthew // American Banker;3/9/2009, Vol. 174 Issue 45, p11 

    The article discusses dividend cutbacks announced by Wells Fargo & Co., U.S. Bancorp, and PNC Financial Services Group. Although a desire to conserve cash amid a challenging economic climate is seen as a factor, some observers believe the banks also wanted to dispel the notion that they might be...

  • PNC Declares Dividend of 48 Cents on Common Stock.  // Michigan Banker;Jul2014, Vol. 26 Issue 7, p36 

    The article reports that the Board of Directors of The PNC Financial Services Group, Inc. has declared a quarterly cash dividends on the common stock of 48 U.S. cents per share, payable on August 5, 2014 to shareholders of record at the close of business on July 15, 2014.

  • Wells, U.S. Bancorp Might Join Cutter List. Kuehner-Hebert, Katie // American Banker;3/3/2009, Vol. 174 Issue 41, p15 

    The article reports that investment advisers expect Wells Fargo & Co. and U.S. Bancorp to cut dividends in 2009. The two firms are the last of the 10 largest U.S. banks not to announce a dividend cut during the ongoing financial crisis. PNC Financial Services Group Inc. announced a cut in...

  • Directors & Dividends.  // Finweek;10/3/2013, p60 

    A chart is presented which provides information on the directors' dealings of various companies which include Finbond, Pergrin, and Shoprit.

  • A Penny $aved is a Penny Earned. SNYDER, NAOMI // Bank Director;2011 3rd Quarter, Vol. 21 Issue 3, p52 

    The article discusses how more U.S. banks are looking for ways to improve their efficiency and cut costs as opportunities for them to generate revenue remain few due to the slow pace of economic growth as of 2011. Wells Fargo & Co. has begun an initiative called Project Compass to motivate...

  • Dividend Increases Shrinking. Investor's Business Daily // Investors Business Daily;7/2/2014, pA01 

    8 The number of dividend hikes rose 18% in Q2 from a year ago to 696, the most since 1979, and 84% of S&P 500 companies are paying dividends, the most since 1998. Companies collectively increased their dividends by a net $12.6 bil in Q2, but that is down 28% from the payout gain a year earlier,...

  • Windows and orphans well protected. Brown, Mike // Finweek;9/13/2007, p101 

    The article presents author's view about the Satrix range of security in South Africa. He states that the Satrix range of security is generally known in the industry as optimal widows and orphans product. He added that investing in Satrix Divi would say to provide the dividend yield of the...

  • Back to the Future. Landy, Heather; Hochstein, Marc; Terris, Harry // American Banker;11/5/2009, Vol. 174 Issue 201, p7 

    The article reports that PNC Financial Services Group will begin originating, securitizing, and servicing mortgage loans under the name of PNC Mortgage. Sy Naqvi, former chief executive of National City Mortgage, will assume that role with PNC Mortgage. The moves come following PNC Financial's...

  • In Wells Pact, A Consumer Shift for PNC. Quinn, Matthew; Shenn, Jody // American Banker;9/15/2005, Vol. 170 Issue 178, p1 

    Looks at PNC Financial Services Group Inc.'s. agreement with Wells Fargo & Co. which brings PNC back into the mortgage market. Comments from James Burzotta of PNC; Terms of the agreement; PNC's reason for reentering the mortgage market; History of PNC's mortgage experience; How the mortgage...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics