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Similarly, Cummins India's dividend per share fell from ` 15 in 2010- 11 to ` 11 in 2011- 12 due to flat profit growth.
The company said it plans to keep paying 65 yen in dividend per share for fiscal 2011.
Shaki studied on relationship between earning per share and dividend per share with market price per share and the result showed that there is a positive significant with strong significant correlation among above-mentioned variables (Shaki, 2010).
Global Banking News-February 6, 2019-Webster Financial declares USD 0.33 dividend per share on common stock
M2 EQUITYBITES-February 6, 2019-Webster Financial declares USD 0.33 dividend per share on common stock
"We are pleased to increase our cash dividend per share for the sixth consecutive year," said President and Chief Executive Officer Kevin S.
At the Annual General Meeting on April 26, 2018, Danone's Board of Directors will ask shareholders to approve the distribution of a EUR1.90 dividend per share in respect of the 2017 fiscal year, up +11.8% from 2016.
The company's NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 11 August 2016, in total seven business days.
The Board of Directors of National Commercial Bank (NCB) has recommended the distribution of dividend to the shareholders for the period first half of 2015 of a total amount of SAR 1,596 million, equivalent to a dividend per share of SAR 0.80 or eight per cent of face value.
According to the company, it was the first healthcare REIT selected to the S&P 500 index, increased its dividend per share for 30 consecutive years as well as the only REIT included in the S&P 500 Dividend Aristocrats index.
(NYSE: LXK) said that its board of directors has approved an increase of the quarterly dividend per share of Lexmark class A common stock by USD0.06 per share to USD0.36 per share (or USD1.44 per share on an annual basis) from the previous USD0.30 per share (or USD1.20 per share on an annual basis).
The dividend per share, which rose from Rs 23 in 2009-10 to Rs 31 in 2010-11, was stagnant in 2011-12.