Business / Investing
Add as a preferred source on GoogleThe new quarterly rate is $0.175 per share; Citigroup appears among companies with dividend activity expected next week.
Dividend announcements this week also involved Visa, Ford and Wells Fargo. At Western Digital, the quarterly distribution now stands at $0.175 per share after a 17% increase.
An earlier EconoTimes report covered the increase alongside Western Digital's fiscal 2027 revenue outlook. Citigroup appears among companies with dividend activity expected next week.
Intel's target fell to $80, while Alphabet's dropped to $371 and Amazon's to $326.
The bank's new target is $20 below its mid-October figure. Robinhood recorded $1.42 billion in total third-quarter revenue.
For the quarter ended June 30, net revenue reached $11.633 billion and non-GAAP operating expenses totaled $3.878 billion.
