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Procter and Gamble increase dividend by 10%

April 16, 2009 – 8:05 pm – No Comment

Tuesday Procter and Gamble (NYSE: PG) announced that it will raise its quarterly dividend by 10 percent from 40 cents to 44 cents.
The increase refers to P&G common stock, and series A and series B ESOP convertible class A preferred stock. It is payable on …

Bank stocks increase as government implements $250 billion buy-in

October 14, 2008 – 9:37 pm – No Comment

Yesterday the government announced it would be taking $250 billion of the bailout plan and buying preferred non-voting stocks in some banks. Nine major lenders agreed to the government’s purchase of the preferred stock. The investments are limited to $25 billion per lender.
Today …