Vimeo
LinkedIn
Instagram
Share |

dividend

March 3, 2014

Third-gen Market Basket chief executive Arthur T DeMoulas has suffered a blow in the latest round of the longstanding feud with his cousin Arthur S over the running of the multi-billion-dollar family business – a supermarket chain based in Massachusetts, US.

Third-gen Market Basket chief executive Arthur T DeMoulas has suffered a blow in the latest round of the longstanding feud with his cousin Arthur S over the running of the multi-billion-dollar family business – a supermarket chain based in Massachusetts, US.

Arthur T had argued that a board member, who had voted in favour of a large dividend pay out, was not independent and his votes should be nullified.

Market Basket, founded initially as a small grocery store in 1917, has annual revenues of more than $4 billion and employs 18,000.

March 2, 2010

Oualcomm, the family-controlled communications company, announced yesterday it plans to buy back up to $3 billion of its shares whilst also increasing its quarterly cash dividend by 12%.

Oualcomm, the family-controlled communications company, announced yesterday it plans to buy back up to $3 billion of its shares whilst also increasing its quarterly cash dividend by 12%.

The stock buyback programme replaces a $2 billion stock repurchase that recently completed with a $1.7 billion uptake, the company said in a statement. The quarterly dividend will increase from $0.17 to $0.19 per share of common stock.

February 20, 2009

Arthur Sulzberger Jr, chairman of family-controlled New York Times Company, has defended the decision of the board to suspend its quarterly dividend.

Arthur Sulzberger Jr, chairman of family-controlled New York Times Company, has defended the decision of the board to suspend its quarterly dividend.

The suspension applies to both the media giant's Class A and Class B common stock and will put further pressure on the extended family who rely on such dividends. Last November, the company reduced the payout level of its fourth-quarter dividend to $.06 per from $.23 per share.

Click here >>
Close