Sentences with phrase «industry paying dividends to shareholders»

Not exact matches

• Akzo Nobel (ENXTAM: AKZA) outlined a plan to fend off a takeover from PPG Industries (NYSE: PPG), in which it will spin off its chemical business and pay shareholders $ 1.6 billion ($ 1.7 billion) in extra dividends.

These firms tend to no longer be in rapidly growing industries and — rather than reinvesting retained earnings to grow — pay out retained earnings as dividends to provide a return to shareholders.