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$TY said it declared 2Q distribution of $0.2201 per common share and $0.6250 per preferred share. Dividends on common stock will be paid on June 28, 2016 to common stockholders of record on June 20 and dividends on preferred stock will be paid on July 1 to preferred stockholders of record on June 20. The ex-dividend date for both is June 16.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.