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$CBRL said its BoD also declared special dividend of $3.25 per share, payable on July 29 to shareholders of record on July 15. CEO Sandra Cochran said the increase in dividend and special dividend reflects Board's commitment to balanced approach to capital allocation, and to ongoing assessment of results, capital investment and liquidity needs.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.