Diverse Income Share Discussion Threads

[knowing] 26/4/2018 15:40

I bought a few TXH today. Looks undervalued and is yielding around 7.7%

[maywillow] 26/4/2018 15:15

Home > News > Shell makes investors wait for reward from surging oil prices Shell makes investors wait for reward from surging oil prices By Kelly Gilblom on 4/26/2018 LONDON (Bloomberg) -- Royal Dutch Shell Plc rode the surge in oil prices to even greater heights, posting a profit not seen since the days of $100/bbl. Investors were displeased that the company didn’t take them along for the ride. While French rival Total SA has started disbursing the rewards of rising energy prices -- with higher dividends and share buybacks -- Shell has other priorities, at least for now. CFO Jessica Uhl declined to say when her planned $25-billion to $30-billion stock-repurchase program would start, telling reporters on a call that she wanted to focus on debt reduction first. There are two big reasons for the company’s caution. First, it still has to pay off the acquisition of BG Group Plc in 2016, a deal that’s turbo charged natural gas earnings but left Shell heavily indebted. Second, its cash flow -- little changed from a year earlier despite higher oil prices -- “may not necessarily support” the planned buybacks, according to RBC Capital Markets. Earnings at Europe’s largest energy company vaulted ahead of the upswing in crude to an average of $67 in the first quarter, reaping the benefits of years of cost cuts. Adjusted net income was $5.32 billion last quarter, compared with $3.75 billion a year earlier. That surpassed analysts expectations of $5.2 billion, rising to a level only consistently seen when oil traded for more than $100. Total and Statoil ASA also posted the best earnings in years this week, with Total pumping a record amount of oil and gas in the first quarter. Shares of the French company rose in response to its results, the opposite of the reaction to Shell. Shell dropped as much as 2.8% as analysts raised concerns about flat cash flow from operations, which was $9.43 billion in the first three months of 2018. “The only negative here is the conversion of those earnings into cash flow,” Oswald Clint, an analyst at Bernstein Research, said by telephone. “It’s a little bit lighter than what I was expecting.” Shell’s free cash flow was sufficient to fund the company’s cash dividends and interest payments in the first quarter, which wasn’t always the case during the oil-price slump. Like its peers, Shell was forced to make some payments to investors in shares during the downturn, known as a scrip dividend, while also borrowing to fund the cash portion of the payout. Those newly created shares diluted the holdings of some investors, who have maintained a sharp focus on the timing of the buybacks required to offset the impact. Shell wasn’t able to offer a clear answer on what could trigger the repurchases. “It’s an integrated decision. I’ve provided enough insight,” CFO Uhl told reporters in response to several questions about buybacks. That situation should change. Barclays analysts said in a note that they expect Shell to begin the program in the second half. “We would expect cash flow growth through the year supported by the current macro environment,” said Biraj Borkhataria, an analyst at RBC Capital Markets. “Royal Dutch Shell remains one of our preferred super-majors.”

[maywillow] 26/4/2018 09:28

26/04/2018 | 11:09 In line with its 2018-20 shareholder return policy, Total announces that its first interim dividend for 2018 is set at 0.64 euro per share, up 3.2% from the three down payments and the proposed balance for 2017. The oil group's board of directors will meet on 19 September to decide on the conditions for the distribution of this first interim dividend in respect of 2018. It will be posted on 25 September. The option to pay the deposit in new shares will be offered: according to the calendar, the option period will run from September 25 to October 4, for payment in cash or new shares on October 12.

[waldron] 26/4/2018 06:36

Roche raises annual revenue target after Q1 improvement Roche Holding (QX) (USOTC: RHHBY) Intraday Chart of the Action Today: Thursday 26 April 2018 More charts from the Roche Holding Exchange (QX) BARCELONA (Agefi-Dow Jones) - The Swiss pharmaceutical company Roche on Thursday raised its revenue forecast for 2018, after an improvement in revenue in the first quarter. Turnover reached 13.6 billion Swiss francs (11.4 billion euros) in the first quarter, compared to 12.9 billion Swiss francs a year earlier. According to the consensus reached by FactSet, sales were expected at 13.35 billion francs. In 2018, "sales are expected to rise in the lower end of the single-digit range," said Roche, which previously anticipated stable sales or growth in the lower part of the beach. to one digit compared to 2017. The group also intends to continue to increase its dividend in Swiss francs. -Donato Paolo Mancini, Dow Jones Newswires (French version Aurélie Henri) Agefi-Dow Jones The financial newswire (END) Dow Jones Newswires April 26, 2018 01:55 ET (05:55 GMT)

[maywillow] 22/4/2018 08:29

Dividend What is the dividend for the 2017 fiscal year? Schneider Electric is committed to paying the equivalent of 50% of net EPS to shareholders in the form of dividends. For fiscal year 2017 a dividend of €2.20 per share will be submitted to shareholders’ vote on April 24 2018. When is the dividend payment date? The dividend payment date for fiscal year 2015 was on May 9, 2016. The dividend payment date for fiscal year 2016 was on May 10, 2017. The dividend payment date for fiscal year 2017 is on May 4, 2018. Shareholders will receive the dividend if shares are bought before the dividend ex-date (May 2, 2018).

[costax1654x] 19/4/2018 21:56

Anyone investing in PANR as well?I reckon I will be an easy 20% this week

[sarkasm] 19/4/2018 18:24

Veolia Environnement: Combined General Meeting of April 19, 2018 share with twitter share with LinkedIn share with facebook share via email 0 0 19/04/2018 | 8:07 p.m. Regulatory News: The Combined General Meeting of Shareholders of Veolia Environnement (Paris: VIE), meeting at the Maison de la Mutualité, on Thursday, April 19, 2018, under the chairmanship of Mr. Antoine Frérot, Chairman and Chief Executive Officer of the Company, approved the set of resolutions 1 to 23 submitted to it. The Assembly in particular: renewed the term of office of Mr Antoine Frérot for a period of four years, which will end at the end of the general meeting of shareholders which will be called to approve the financial statements for the year ended December 31, 2021. It has, moreover: approved the parent company and consolidated financial statements for the 2017 financial year; set the dividend in cash for the 2017 financial year at 0.84 euro per share. This dividend will be detached from the share on May 14, 2018 and will be paid from May 16, 2018;

[waldron] 19/4/2018 12:13

SCHNEIDER ELECTRIC Dividend payment Fiscal year 2017 Dividend ex-date Wednesday May 2, 2018 Date of approval of the positions Thursday May 3, 2018 Dividend payment date Friday May 4, 2018 The 2017 fiscal year dividend of 2.20 Euros per share will be submitted to shareholders’ vote on April 24 2018. The dividend is up +8% compared to previous year and represents a pay-out ratio of more than 50% of adjusted net income. The distribution will be paid out of net profit of the year and through issue premiums. For individual shareholders resident for tax purposes in France, the distribution of 2.20 Euros per share is subject to two separate tax statements : up to 0.19 Euro, the dividend constitutes distributed income. As such, a social security tax of 17.2% will be charged on the gross amount when paid. The gross amount of French-source dividends received by resident individuals will also be subject to a mandatory non-definitive withholding tax of 12.8%. in the amount of 2.01 Euros, the distribution constitutes a capital repayment. As such, it is not subject to income tax pursuant to article 112-1 of the French Tax Code, as all profits and reserves other than the legal reserve have been previously distributed. Shareholders are invited to contact their usual advisors for further information about the applicable tax regime.

[waldron] 19/4/2018 12:06

Dividend What is the dividend for the 2017 fiscal year? Schneider Electric is committed to paying the equivalent of 50% of net EPS to shareholders in the form of dividends. For fiscal year 2017 a dividend of €2.20 per share will be submitted to shareholders’ vote on April 24 2018. When is the dividend payment date? The dividend payment date for fiscal year 2015 was on May 9, 2016. The dividend payment date for fiscal year 2016 was on May 10, 2017. The dividend payment date for fiscal year 2017 is on May 4, 2018. Shareholders will receive the dividend if shares are bought before the dividend ex-date (May 2, 2018).

[sarkasm] 05/4/2018 07:59

Credit Agricole SA (ACA.FR) will cease to pay a loyalty dividend to eligible shareholders, in line with a ruling from the European Central Bank, following shareholder approval on Wednesday. Eligible shareholders voted on the move in a special meeting Wednesday. As previously reported, the ECB has demanded the French bank remove the loyalty dividend by September. Credit Agricole plans to compensate eligible shareholders by offering one new ordinary share for 26 shares entitled to a loyalty dividend. In February, the bank estimated the value of the compensation at about 0.56 euros ($0.69) per share. The proposal will be submitted at the shareholders meeting in May. Write to Pietro Lombardi at [e-mail] (END) Dow Jones Newswires April 04, 2018 11:54 ET (15:54 GMT)

[sarkasm] 22/3/2018 07:55

Https://seekingalpha.com/article/4158164-total-s-french-oil-super-major-often-overlooked-apparent-reason?auth_param=124r8p:1db65tj:f31862f81261f6e2fe400c99df03b380&dr=1&uprof=46&utoken=d71df54e335aeb38f3a40444b2a8fffb6228bb74

[florenceorbis] 15/3/2018 10:01

TOTAL: pays a third interim dividend share with twitter share with LinkedIn share with facebook share via email 0 0 15/03/2018 | 8:10 Total has announced the distribution of a third interim payment for the financial year 2017, amounting to € 0.62 per share, in accordance with the Board's decision of October 26, 2017, identical to the first and second installments for the 2017 financial year and up 1.6% compared to the third interim payment for the 2016 financial year. It decided to propose, under the conditions set by the fourth resolution of the Combined General Meeting. from May 26, 2017, the option of paying this deposit in new shares. The issue price of the new shares that will be released as payment for this third interim payment for the 2017 financial year is set at € 45.70, equal to the average of the first prices quoted during the twenty trading days preceding the Board meeting. the administration of 14 March 2018, less the amount of the said interim dividend, without any discount, and rounded up to the nearest cent of the euro. The shares thus issued will bear immediate rights and will be the subject of an application for admission to listing on Euronext Paris. This third interim payment for the 2017 financial year will be detached on March 19, 2018. Shareholders may opt for the payment of this third interim payment in cash or in new shares between March 19, 2018 and March 28, 2018 inclusive, by sending their request. to their financial intermediaries.

[the grumpy old men] 14/3/2018 09:37

Dividends Marshalls has strong cash generation and a robust balance sheet which underpins a progressive dividend policy aimed at achieving up to 2 times dividend cover over the business cycle. The Board is recommending a final dividend of 6.80 pence (2016: 5.80 pence) per share which, together with the interim dividend of 3.40 pence (2016: 2.90 pence) per share, makes a total ordinary dividend for the year of 10.20 pence (2016: 8.70 pence) per share, an increase of 17 per cent. Given another strong performance in the year, the Board is also recommending a supplementary dividend of 4.00 pence per share for 2017 (2016: 3.00 pence). As previously, this supplementary dividend is discretionary and non-recurring. The payment of a supplementary dividend recognises the Board's objective of maintaining an efficient and prudent capital structure and providing increased returns for shareholders whilst at the same time retaining flexibility for capital and other investment opportunities. Taken together, the ordinary and supplementary dividends represent an aggregate distribution for the year of 14.20 pence per share (2016: 11.70 pence). Subject to shareholders' approval at the Annual General Meeting on 9 May 2018, the final ordinary dividend of 6.80 pence per ordinary share and the supplementary dividend of 4.00 pence per share will be paid on 29 June 2018 to shareholders on the register at 8 June 2018. Outlook The Group has again delivered strong profit growth year-on-year. Good progress has been made in the year executing the 2020 Strategy, notably the acquisition of CPM, and the ongoing self help programme to drive organic growth is progressing well. The underlying drivers have remained positive in our main end markets and our sales and order intake have been strong in the first two months of 2018.

[la forge] 12/3/2018 11:29

Http://www.morningstar.co.uk/uk/news/165851/job-curtis-shell-6-yield-is-safe.aspx

[sarkasm] 09/3/2018 21:04

News provided by Royal Dutch Shell plc 12:50 ET Share this article THE HAGUE, Netherlands, March 9, 2018 /PRNewswire/ -- The Board of Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B) today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2017 interim dividend, which was announced on February 1, 2018 at US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share"). Dividends on A Shares will be paid, by default, in euro at the rate of €0.3818 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by March 2, 2018 will be entitled to a dividend of 33.91p per A Share. Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 33.91p per B Share. Holders of B Shares who have validly submitted euro currency elections by March 2, 2018 will be entitled to a dividend of €0.3818 per B Share. This dividend will be payable on March 26, 2018 to those members whose names were on the Register of Members on February 16, 2018. Taxation - cash dividend Cash dividends on A Shares will be subject to the deduction of Dutch dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their particular circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax. Furthermore, in April 2016, there were changes to the UK taxation of dividends. The dividend tax credit was abolished, and a new tax free dividend allowance introduced. Dividend income in excess of the allowance is taxable at the following rates: 7.5% within the basic rate band; 32.5% within the higher rate band; and 38.1% on dividend income taxable at the additional rate. If you are uncertain as to the tax treatment of any dividends you should consult your own tax advisor.

[la forge] 13/2/2018 16:09

Https://www.converge.today/stories/Dividend_Allowance_cut_How_will_it_affect_you_UNW_LLP_e_TicP5MOq_J

[waldron] 08/2/2018 07:41

4733/5000 Total: Dividend and share repurchase 2018-2020Press release share with twitter share with LinkedIn share with facebook share via email 0 0 08/02/2018 | 8:26 Total's Board of Directors reaffirms its priority to implement the Group's industrial growth strategy and announces the return to shareholder policy for the next 3 years: Proposed dividend at € 2.48 / share for the year 2017 10% increase in the dividend between 2018 and 2020 Up to $ 5 billion of share repurchase in 2018-20 Paris - The Board of Directors, meeting on February 7, 2018, approved the Group's financial statements for the 2017 financial year and reviewed the cash flow allocation policy, including the shareholder return policy, for the 3 coming years. Despite a volatile environment over the past three years, Total has successfully repositioned itself, achieving solid results in 2017 thanks to good operating performance and lowering its organic break-even point before Brent's dividend to $ 27 / b. Major investments over the past five years have resulted in strong growth in high margin production. The Group has also strengthened by investing on a counter-cycle and has acquired resources on attractive terms. It enjoys strong visibility on the growth of its cash flow and increased financial flexibility thanks to a debt ratio (net debt on capital) lowered to 12% at the end of 2017. Confident in the ability of the Group's teams to seize value-creating growth opportunities, the Board of Directors reaffirms the priority it gives to the implementation of the Group's long-term industrial strategy. In this context, the Board of Directors wished to give visibility to the policy of allocation of cash flow and return to the shareholder for the next three years. It has confirmed an investment program of $ 15 - $ 17 billion a year, has set a target of maintaining the debt ratio (net debt to capital) below 20% and maintaining a grade A rating and has also proposed the following measures: 1. Dividend increase of 10% over the next 3 years A dividend for 2017 of € 2.48 / share will be proposed to the Shareholders' Meeting, which corresponds to a balance of € 0.62 / share and a dividend increase of 1.2% compared to 2016 The quarterly installments for the 20181 financial year will be increased by 3.2% to € 0.64 per share, with the intention of proposing to the Annual General Meeting a dividend for the 2018 financial year of € 2.56 / share. The dividend target for the 2020 financial year would be € 2.72 / share 2. Redemption of shares issued without a discount under the share dividend option Maintaining the dividend in stock option to meet the wishes of certain shareholders but without discounting the issue price on the share price Repurchase of newly issued shares for cancellation. No dilution linked to the stock dividend option as of 2018 Immediate redemption of the shares issued in January 2018 as part of the payment of the second installment 2017 3. Up to $ 5 billion of share buybacks over the 2018-20 period The goal is to share with shareholders the benefits of rising oil prices Buyback volumes will be adjusted for oil prices This comes in addition to the repurchase of shares issued as part of the stock dividend 2017 dividend The Board of Directors proposes to the Combined General Meeting of Shareholders, to be held on June 1, 2018, to set the dividend for the 2017 financial year at € 2.48 / share, an increase of 1.2% compared to 2016. Given the three installments of € 0.62 / share for the 2017 financial year, a balance of € 0.62 / share is therefore proposed. The Board also proposes that the Shareholders' Meeting decide to offer shareholders the possibility of receiving the payment of this dividend balance for the 2017 financial year, either in cash or by subscribing for new shares of the Company without a discount. Therefore, subject to approval by the General Assembly of the resolution to be proposed: the balance of the dividend will be detached from the share on Euronext Paris on June 11, 2018; the payment in cash and / or the delivery of any shares issued, depending on the option chosen, should take place on June 28, 2018. 1The first deposit will be paid in October 2018 * * * * * Total contacts Investor Relations: [phone] l [e-mail]

[florenceorbis] 05/2/2018 08:21

Https://www.fool.co.uk/investing/2018/02/04/is-royal-dutch-shell-plcs-dividend-safe-for-2018/

[ariane] 31/1/2018 12:01

ArcelorMittal (MT.AE) reported its fourth-quarter results before the market opened on Wednesday. Here's what you need to know: SALES: Sales rose by about 25% to $17.71 billion due to higher steel and iron-ore shipments and higher average steel selling prices. The results fell slightly short of a FactSet-compiled consensus of analyst estimates that forecast $17.94 billion. NET INCOME: The steelmaker posted quarterly net profit of $1.04 billion, more than doubling its result from a year ago, propped up by sales performance. The company recorded an income tax benefit of $119 million in the quarter, which compares with a $71 million tax expense in the year-earlier period. MACRO OUTLOOK: ArcelorMittal was upbeat about the steel industry outlook for 2018, saying that the demand environment remains positive and steel spreads remaining healthy. The company estimates global steel demand--measured through apparent steel consumption--to grow between 1.5% and 2.5% in 2018, with Chinese demand flat. CASH FLOW: Net debt decreased this quarter by $1.9 billion to $10.1 billion, mainly due to positive free cash flow. The debt figure at year-end was $0.9 billion lower than on Dec. 31, 2016. ArcelorMittal said that it would continue to prioritize deleveraging--it has a net debt target of $6 billion--but proposed a dividend of $0.10 per share in 2018. Once the debt level falls to or below its target, the company will return a portion of annual free cash flow to shareholders, it said. ILVA: ArcelorMittal said that it will continue "to work closely and constructively" with the European Commission, which has opened a phase II review of its proposed acquisition of Italian steelmaker Ilva. Arcelor's 1.8 billion euros ($2.23 billion) acquisition had become mired in controversy after an EU antitrust investigation ruled that the Italian government must recover around EUR84 million in illegal state aid. Write to Alberto Delclaux at [e-mail] (END) Dow Jones Newswires January 31, 2018 05:27 ET (10:27 GMT)