Business / Investing
Add as a preferred source on GoogleThe Nov. 9 record date determines eligibility for payment on Nov. 23. At the reported $44.59 share price, the annualized payout implied a 4.93% yield.
Shareholders will receive less cash from TPG Inc. in its next distribution after the company cut its quarterly payout by 6.8% to $0.55 per share on Thursday.
The prior quarterly rate was $0.59. TPG will use its records at close of business Nov. 9 to determine eligible holders; the cash is scheduled for distribution Nov. 23.
The annualized dividend amounts to $2.20 per share. Against TPG’s $44.59 share price at 8:31 a.m. ET (12:31 UTC), that rate implied a 4.93% forward yield.
Macy’s last quarterly dividend was also $0.1915; Dec. 15 is the record date.
Shareholders of record as of Nov. 5 qualify. The rate is 35% above Crown’s $0.26 quarterly payout before its February increase.
American depositary shares will receive $0.7812 each, with payment scheduled for Dec. 21.
