http://www.dividend.com/news/2016/04/12/procter-gamble-raises-dividend-one-percent/

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http://seekingalpha.com/news/3177099-johnson-and-johnson-declares-0_80-dividend


Johnson & Johnson declares $0.80 dividend


Johnson & Johnson (NYSE:JNJ) declares $0.80/share quarterly dividend6.7% increase from prior dividend of $0.75.

Forward yield 2.85%

Payable June 7; for shareholders of record May 24; ex-div May 20.


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http://seekingalpha.com/news/3176748-ameriprise-financial-declares-0_75-dividend


Ameriprise Financial declares $0.75 dividend


Ameriprise Financial (NYSE:AMP) declares $0.75/share quarterly dividend11.9% increase from prior dividend of $0.67.

Forward yield 2.97%

Payable May 20; for shareholders of record May 9; ex-div May 5.


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http://seekingalpha.com/news/3181095-hcp-spinning-snf-assisted-living-assets


HCP spinning off SNF and assisted living assets


Q1 adjusted FFO of $321.8M or $0.69 per share vs. $364.3M and $0.79 one year ago. FAD of $0.66 vs. $0.69. Dividend is $0.575.

The HCRMC real estate portfolio of SNFs and assisted living facilities is to be spun off into a separate publicly-traded REIT, leaving HCP able to focus on core growth businesses like senior housing, and life science and medical office.

SpinCo is expected to have a portfolio of more than 320 properties. HCP's will have more than 860.

Presentation slides

conference call to discuss Q1 as well as the spin is set for 8:30 ET

Previously: HCP FFO in-line, beats on revenue (May 9)

Shares +1.1% in very thin premarket trading.


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Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Customer Support

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Bill Parry started getting calls from his clients immediately -- and they were furious.

At 4:00 p.m. on Dec. 1, General Electric issued a statement saying it was pulling about $5 billion in preferred stock from the market and exchanging it for shares with new terms. The securities had plummeted, erasing about $500 million in market value and enraging investors.

“The fact that it was a mandatory exchange was shocking,” said Parry, 55, managing director of capital markets at investment bank Seaport Global Securities, whose clients held the preferreds. “I immediately saw the angst and the anger among our investors.”

Parry, who’s traded in the bond market since 1986 for firms such as Bank of America and JPMorgan Chase, began calling the biggest holders of the securities that evening to plot a revolt. The next day 46 investors -- from insurance companies to mutual fund behemoth Fidelity Investments -- joined him on what became a regular conference call. More investors reached out to Parry as word of the calls spread, and the group quickly swelled to 108 investors who together owned more than $4 billion of the securities.

GE Capital

The securities were issued by GE Capital, the company’s finance arm. GE started selling the unit last year to focus on its core manufacturing business and avoid regulations imposed on systemically important financial institutions. The company said that the forced exchange was part of that restructuring and that it had the right to do it without a vote. The plans affected three series of preferred shares, which are hybrid securities with elements of stocks and bonds.

"We thought we were holding quality shares from a well-known name," said Eric Chadwick, president of Flaherty & Crumrine Inc. "No one saw this coming. These were securities people relied on for income and didn’t expect anything like this to happen."

Investors Disagree

While GE saw the new securities as having equal or greater value, investors disagreed. Although the company was offering a premium on the face value of the securities, the coupons were lower. That meant a lot to investors and mutual fund managers who counted on the income stream from the securities. And with the reduced coupon came the risk that GE might keep these perpetual notes outstanding beyond their call date -- a scenario that wasn’t envisioned in the company’s valuation of the shares.

Parry, who became the point man to help the group explore its options, soon had two law firms walking the investors through their rights and legal alternatives. Among them, contesting the exchange through Delaware’s courts. An esoteric part of mergers and acquisitions law allows holders to do this, provided they act within a certain period -- in this case before Dec. 21.

Jeff Bahl, whose investment advisory firm Bahl & Gaynor held about $15 million of the securities for several families, says he worried about a backlash from his clients. After all, he’d sold them on the idea that the securities were a good bet. The calls helped him better understand his appraisal rights.

‘Proactive Position’

"The feelings of betrayal by GE eventually moved on to more of a proactive position of, ‘Hey, we can actually get this back and then some,’” Bahl said.

For his part, Parry encouraged the group to pressure GE on multiple fronts. Because the industrial giant was asking U.S. regulators to drop GE Capital’s SIFI designation, some of the investors wrote letters of complaint to the Federal Reserve and the Securities and Exchange Commission.

“I encouraged every holder to call GE investor relations,” he said. “But I also asked bondholders to empower me to speak for the group.”

GE Caves

Parry spoke with GE’s head of litigation, Christopher Moore, daily to update him on what the investors wanted. On Dec. 14, Parry told Moore that some members of the group were close to hiring lawyers and filing a class action. He also reminded Moore that the investors were readying to file individually for their appraisal rights by the Dec. 21 deadline. Parry says the threat of litigation was intended to increase the pressure on GE, but the group wanted to avoid a lengthy lawsuit that might eat into any proceeds. His ultimate goal, he said, was simply to find an acceptable redress for the investors.

The onslaught worked. On Dec. 15, GE caved and promised to provide revised terms. It soon gave holders the option to swap the securities for yet another set of shares that helped allay investor concerns.

“We listened to our investors, and we’re happy with the results,” said Susan Bishop, a GE spokeswoman. The company announced a 96 percent participation in the revised tender in a Jan. 20 statement.

According to Bahl, the resolution gave him reason to exhale. “I would be lying that I didn’t have an extra Budweiser that night,” he said.

Parry was in a celebratory mood, too. He’s been trying to get bondholders to band together in such situations, and he says presenting a united front in this case could mark a turning point.

“This was a huge win,” he said.

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AT&T declares $0.47 dividend

Sep 25 2015, 14:01 ET | About: AT&T Inc. (T)

AT&T (NYSE:T) declares $0.47/share quarterly dividend, in line with previous.Forward yield 5.76%Payable Nov. 2; for shareholders of record Oct. 9; ex-div Oct. 7.


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AT&T up 2.2% on Q3 beat, raised full-year guidance

Oct 22 2015, 16:22 ET | About: AT&T Inc. (T) | By: Jason Aycock, SA News Editor  Contact this editor with comments or a news tip

AT&T (NYSE:T) is up 2.2% after hours following a third quarter where it beat EPS consensus, but missed revenue expectations that it yesterday called "inflated," and raised its earnings outlook for the full year.Revenues were up 19% Y/Y to $39.1B mainly due to the DirecTV acquisition. The company said it looked like analysts who expected $40.4B were counting the DirecTV deal for the full month of July, rather than from July 25 -- from where it said it was permitted to count revenue under GAAP.It pointed to solid gains in domestic wireless (2.5M net adds) and a positive move under DirecTV (26,000 domestic net adds), as well as 192K IP broadband net adds.Cash from operations came to $10.8B and free cash flow was $5.5B.For the full year, AT&T now sees EPS in the range of $2.68-$2.74, above consensus of $2.64, and free cash flow of $15B or better.Conference call coming at 4:30 p.m. ET.Press ReleasePreviously: AT&T slips to session low, saying consensus for Q3 'inflated' (Oct. 21 2015)


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1 ET | About: The Procter & Gamble C... (PG)

Procter & Gamble (NYSE:PG) declares $0.6629/share quarterly dividend, in line with previous.Forward yield 3.57%Payable Nov. 16; for shareholders of record Oct. 23; ex-div Oct. 21.


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Organic sales decline at Procter & Gamble in Q3

Oct 23 2015, 07:13 ET | About: The Procter & Gamble Company (PG) | By: Clark Schultz, SA News Editor Contact this editor with comments or a news tip

Procter & Gamble (NYSE:PG) reports organic sales fell 2% in Q3. Total sales were down 12% as the exit by the company from several businesses and F/X were significant factors.A 4% decline in volume during the quarter was offset in part by a two percentage point pricing benefit and one percent positive mix factor.Foreign exchange swings cut into revenue by nine percentage points.Gross margin +40 bps to 50.7%.Core operating margin +320 bps on a currency-neutral basis.SG&A expense ratio -90 bps to 27.9%.Segment revenue growth: Beauty/Hair/Personal Care -12%, Grooming -14%, Health Care -11%, Fabric Care/Home Care -11%, Baby/Feminine -12%.Previously: Procter & Gamble beats by $0.03, misses on revenue (Oct. 23 2015)PG -1.12% premarket


Oct 13 2015, 09:4

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Aflac beats and boosts dividend

Oct 27 2015, 16:30 ET | About: Aflac Incorporated (AFL) | By: Stephen Alpher, SA News Editor  Contact this editor with comments or a news tip

Q3 operating earnings of $672M fell from $685M a year ago. Operating EPS of $1.56 gained 3.3% in part thanks to buybacks. The weaker yen cut operating EPS by $0.13. Excluding that, operating EPS gained 11.9%.3.9M shares bought back during quarter for $233M. For first nine months this year, 17.4M shares bought back for $1.1B. Another 52.1M shares remains in authorization.Book value per share of $40.36 up from $29.52 a quarter earlier. Today's close was $63.15. Operating ROE of 19.4%, or 22.3% excluding the impact of the yen.Dividend is boosted 5.1% to $0.41 per share quarterly.Guidance: Sakes growth target for third sector products is lifted to 10-13% from 7-10%. U.S. is expected to generate sales growth at the lower end of the 3-7% range. Company is on track to meet or exceed expectations to repatriate about ¥200B this year, helping the plan to repurchase $1.3B of stock in 2015. Full-year operating EPS of $5.96-$6.16.Conference call tomorrow at 9 ETPreviously: AFLAC beats by $0.08, misses on revenue (Oct. 27)AFL +0.2% after hours


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