The HP (HPQ) board of directors has declared a cash dividend of $0.1393 per share on the company's common stock. The dividend, the first in HP's fiscal year 2018, is payable on January 3, 2018, to stockholders of record as of the close of business on December 13, 2017.
Suncor has approved a quarterly dividend of $0.32 per share on its common shares, payable December 22, 2017 to shareholders of record at the close of business on December 1, 2017.
Lam Research Corporation (LRCX) has approved a $2 billion share repurchase authorization, with execution planned over the next 12 to 18 months; and a 11% increase of the company's quarterly dividend.
On an annualized basis, the quarterly dividend of $0.50 per share of common stock would return approximately $324 million to stockholders based on shares outstanding as of September 24, 2017. The increased dividend payment has been declared and will be made on January 10, 2018 to holders of record on December 6, 2017.
Valvoline (VVV) increased the quarterly cash dividend on the company's common stock by more than 50 percent, from 4.9 cents to 7.45 cents per share. The dividend will be payable on December 15, 2017, to shareholders of record as of the close of business on December 1, 2017.
Crescent Point Energy Corp. (CPG) confirms that the dividend to be paid on December 15, 2017, in respect of November 2017 production, for shareholders of record on November 30, 2017, will be CDN$0.03 per share.
For MarketNewsVideo.com, I'm Sayoko Murase.
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