BANKING AND CREDIT NEWS-December 15, 2014-Babson Global Floating Rate Fund anticipates year-end dividends
M2 EQUITYBITES-December 15, 2014-Babson Global Floating Rate Fund anticipates year-end dividends
both mired in huge net losses, will skip payment of year-end dividends
, while Toyota Motor Corp.
The official decision on year-end dividends
will be made at the 12th Ordinary General Meeting of Shareholders, to be held in March 2007.
The company, which did not pay an interim dividend, announced last November that it would also skip paying year-end dividends
for the year.
It also said it will not pay year-end dividends
for fiscal 2001, compared with a per-share 3 yen dividend paid a year earlier.
Interim and year-end dividends
are projected at 2,000 yen each.
The boards of directors of closed-end, diversified investment companies, Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated (FFC) (NYSE:FFC) and Flaherty & Crumrine/Claymore Total Return Fund Incorporated (FLC) (NYSE:FLC) authorised regular monthly and special year-end dividends
to be paid in December, the Funds announced on Monday.
The interim and year-end dividends
for fiscal 2007 are projected at 5 yen each.