Alcoa Inc. (NYSE:AA), Archer-Daniels-Midland (NYSE:ADM), AMB Property Corp (AMB), Avon Products (NYSE:AVP) and Einstein Noah Restaurant Group, Inc. BAGL announced dividend updates.
The Board of Directors of Alcoa (AA) declared a quarterly common stock dividend of 3 cents a share payable May 25, 2011 to shareholders of record at the close of business on May 16, 2011 and a quarterly dividend of 93.75 cents a share on Alcoa's $3.75 cumulative preferred stock payable July 1, 2011 to shareholders of record at the close of business on June 10, 2011.
The Board of Directors of Archer-Daniels-Midland (ADM) declared a cash dividend of 16 cents a share on the company's common stock payable on June 9, 2011, to Stockholders of record on May 19, 2011.
The Board of Directors of AMB Property Corporation (AMB) declared a regular cash dividend of $0.28 a common share. The dividend will be payable on May 25, 2011 to common stockholders of record at the close of business on May 16, 2011.
The Board of Directors of Avon Products (AVP) declared a regular cash dividend of $0.23 per common share. The dividend will be payable on 6/1/11 to common stockholders of record at the close of business on 5/19/11.
The Board of Directors of Einstein Noah Restaurant Group, Inc. (BAGL) declared a regular cash dividend of $0.125 per common share. The dividend will be payable on 7/15/11 to common stockholders of record at the close of business on 6/1/11.
Showing posts with label AMB. Show all posts
Showing posts with label AMB. Show all posts
Friday, May 6, 2011
Tuesday, February 1, 2011
AMB (NYSE:AMB), ProLogis (NYSE:PLD) Merger Will Add to Earnings Immediately
The $46 billion merger of AMB (NYSE:AMB) and ProLogis (NYSE:PLD) will immediately add to the the earnings of the new company, which will be named - ProLogis, said the companies.
ProLogis and AMB announced they'll be merging Monday after announcing recently that they were in merger talks.
Terms of the merger are shareholders of ProLogis will receive 0.4464 of AMB common stock for each of their shares and have a 60 percent stake in the combined company.
The immediate benefit to the companies will be in cost savings, which are estimated to come in at about $80 million a year. Once there is a sustainable turnaround in the sector, that will be a huge benefit to the new company.
ProLogis closed Monday at $14.92, dropping $0.29, or 1.91 percent. AMB closed at $33.55, gaining $0.62, or 1.88 percent.
ProLogis and AMB announced they'll be merging Monday after announcing recently that they were in merger talks.
Terms of the merger are shareholders of ProLogis will receive 0.4464 of AMB common stock for each of their shares and have a 60 percent stake in the combined company.
The immediate benefit to the companies will be in cost savings, which are estimated to come in at about $80 million a year. Once there is a sustainable turnaround in the sector, that will be a huge benefit to the new company.
ProLogis closed Monday at $14.92, dropping $0.29, or 1.91 percent. AMB closed at $33.55, gaining $0.62, or 1.88 percent.
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