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Hyundai-Kia $10 billion land purchase kills dividend hopes


According to the Hyundai Motor Group, the 10.6 trillion won ($10 billion) acquisition of a prized land plot in Seoul would be funded from the available cash the company has. That’s a hit for shareholders, as the decision to skip the usual process of issuing debt means the investors' hopes to see a larger dividend this year is seriously jeopardized. Hyundai ...
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Toyota raises again its profit forecast, plans no new plants
Just being the world’s largest automaker isn’t enough, unless you have the profit and cash to back it. But things look bright at Toyota, as the company has raised its ...
Ford boosts its dividends by 25%
Ford Motor Co., citing its improved balance sheet, boosted its quarterly dividend for common shares and the stock held by its founding family by 25 %, with the quarterly distribution ...
Ford Family to Receive $28M in Dividend Payments
The Ford family, which owns over 70 million shares of the automaker, is expected to collect $28.3 million in 2013 as the company is doubling its quarterly dividend. In 2012 Ford’s ...

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