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Tag Archives: Dividend

Huntington Ingalls CEO: Shipbuilder Gains Prime Contract Opportunities Through Camber Purchase

Huntington Ingalls Industries (NYSE: HII) believes its pending $380 million acquisition of Camber Corp. gives the military shipbuilder increased opportunities through prime contract vehicle positions in government services for work previously only available as a subcontractor, HII CEO Mike Petters told investors Thursday. Camber posted $364 million in revenue and holds prime positions on five government-wide …

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Lockheed Eyes Further Share Count Cut Via Leidos Transaction, to Use Cash Dividend for Stock Buyback

Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global solutions business into Leidos Holdings (NYSE: LDOS) completes on its scheduled closure date of Aug. 16, Lockheed Chief Financial Officer Bruce Tanner told investors Tuesday. Tanner’s comment to analysts in the company’s second …

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Engility Shareholders OK TASC Deal, Transaction Set to Close Thursday

Shareholders at Engility Holdings (NYSE: EGL) voted Monday to approve the company’s $1.1 billion all-stock acquisition of TASC and the companies have now set the transaction’s closure date for Thursday. Engility said Monday that nearly 99 percent of the outstanding shares represented at the meeting voted to move forward with the …

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Raytheon Issues Dividend to Shareholders

The board of directors at Raytheon (NYSE: RTN) has approved a quarterly cash dividend of 61 cents per share on the company’s common stock. Raytheon said Wednesday that stockholders of record at the close of business on Oct. 1 will receive the dividend Oct 30. The Waltham, Massachusetts-based defense firm …

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COPT Sets Quarterly Dividend at 27 Cents

Corporate Office Properties Trust (NYSE: OFC) shareholders will receive a quarterly dividend of  27.5 cents from the company on Jan. 15, 2014. The COPT board of trustees determined the schedule and made an announcement in a Dec. 5 company release. Quarterly dividends of nearly 46.9 cents for the for the …

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Michael Dell, Silver Lake Wrap Up $25B Buyout of Dell

Michael Dell and global technology investment firm Silver Lake Partners have completed their $24.9 billion acquisition of the company he founded and have started the processing of delisting the company from the NASDAQ stock market. Trading of Dell‘s (NASDAQ: DELL) common stock will cease Tuesday afternoon, more than one month after the company’s …

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SAIC Board Approves 5M Share Buyback Plan; Tony Moraco Comments

Science Applications International Corp.’s (NYSE: SAI) board of directors has approved a plan to repurchase up to 5 million shares of the company’s common stock. SAIC has also declared a cash dividend of 28 cents per outstanding share on the company’s common stock, SAIC said Thursday. Leidos Holdings (NYSE: LDOS) and …

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URS Details 2-Year Repurchase, Dividend Plan; Thomas Hicks, Martin Koffel Comment

URS Corp. (NYSE: URS) has told investors that it plans to return $500 million of its capital to stockholders by the end of fiscal year 2015. The company will carry out the plan via share repurchases and dividends as part of its capital allocation strategy over the next two years, …

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Corporate Office Properties Trust Declares Dividend, Prices $250M Note Offering

Corporate Office Properties Trust (NYSE:OFC) has declared a quarterly dividend of $0.275 per common share of beneficial interest for the third quarter of 2013. According to a company statement on September 12, the dividend is payable on October 15 to shareholders of record as of September 30, 2013. Series H,K …

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Verizon Board Declares 53-Cent Dividend, 7th Straight Annual Increase

Verizon‘s (NYSE: Z) board of directors has declared a quarterly dividend of 53 cents per share on the company’s common stock, 1.5 cents higher than the previous quarter. This represents the seventh consecutive year that the board has approved a quarterly dividend increase and the new dividend is 6 cents higher on …

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