News | Latest Breaking News Stories & Headlines

AIB CEO Colin Hunt said the bank hopes shareholders will understand the constrained circumstances under which the AGM must take place this year

AIB to hold AGM via live conference call in April

AIB said it will hold its AGM on April 29, but due to the Covid-19 crisis the proceedings will be conducted via a live conference call from its headquarters at 10 Molesworth Street in Dublin 2.

Business • 30 Mar 20

In an effort to conserve cash, Applegreen is to implement a recruitment freeze and defer executive director bonuses

Applegreen to defer bonuses and withdraw dividend

Fuel forecourt and service station operator Applegreen has said its footfall and volumes have been impacted in the last two weeks as governments and customers take increasing measures to contain the spread of the coronavirus.

Business • 24 Mar 20

AIB's incoming CEO Colin Hunt said the bank has seen some deferral of investment decisions by its customers, particularly among SMEs

Hard Brexit could cost AIB up to €163m

A hard Brexit could cost AIB up to €163m the bank has warned today, as it reported a 5% drop in pre-tax profits for 2018.

Business • 01 Mar 19

Commerzbank plans to pay out a dividend of 20 cents per share for 2018 after a two-year freeze

Commerzbank pays first dividend in two years

Germany's second-biggest lender Commerzbank said today its profits jumped in 2018, with growth in its client base and ebbing restructuring costs opening the way for a first dividend payout in two years.

Business • 14 Feb 19

Danske Bank issued a profit warning in December, which left little room for surprises in the 2018 figures

Danske Bank to tighten controls as 2018 profit plunges

Danske Bank, under investigation for suspicious payments through its Estonian branch, said today it would step up anti-money laundering efforts via investments of up to €2 billion.

Business • 01 Feb 19

EBay plans to pay a quarterly dividend of 14 cents per share - its first-ever dividend

EBay's poor revenue outlook overshadows first dividend

EBay has forecast quarterly revenue below Wall Street estimates after reporting disappointing growth in the sales volume on its platform during the key Christmas quarter.

Business • 30 Jan 19

Thomas Cook issues its second profit downgrade in two months

Thomas Cook shares plunge on profit warning

Thomas Cook cut its forecast for full-year underlying operating profit for the second time in two months and suspended its dividend after the hot British summer deterred holidaymakers from going abroad.

Business • 27 Nov 18

UK Government Investments, which manages the UK's remaining 62% stake in RBS, will receive around £150m from the payout

Royal Bank of Scotland pays first dividend in decade

Royal Bank of Scotland has today paid its first dividend in a decade, returning 2 pence per share to around 190,000 shareholders who have not seen a payout since RBS's bailout in 2008.

Business • 12 Oct 18

Superdry said its underlying profit before tax was up 11.5% at £97m

Superdry posts double-digit growth in revenue, profits

UK clothing and accessories maker Superdry today posted double-digit growth in full-year revenue on strong online sales, and declared a special dividend.

Business • 05 Jul 18

IBRC's unsecured creditors include the State, credit unions and local authorities

IBRC's unsecured creditors set to get second dividend

Unsecured creditors of the Irish Bank Resolution Corporation are set to receive their second dividend over the next few weeks.

Business • 07 Dec 17

AIB CFO Mark Bourke and AIB CEO Bernard Byrne at the bank's results press conference today

AIB 'ready' for IPO as it resumes dividend payments

AIB is the first of the Irish banks to restart the payment of dividends since 2008 as it today proposed a €250m dividend, while it also said it was ready for its stock market flotation this year.

Business • 31 May 17

Bank of Ireland said it expects to pay its first dividend in a decade in the first half of 2018

Bank of Ireland profits fall as dividend delayed

Bank of Ireland has reported an underlying profit of €1.071 billion for the year to the end of December, down from the €1.2 billion profit the previous year.

Business • 24 Feb 17

Denis O'Brien says the Government was wrong to back down on Irish Water

O'Brien says government wrong on water charges

Denis O'Brien has criticised the Government's decision to suspend water charges, saying a plan to set up a commission to examine the issue meant it had been "kicked in the air and down the field."

Business • 04 May 16

This is Hostelworld's first set of results since listing on the London and Irish Stock Exchanges in November

Hostelworld's annual revenues up by 5%

Online booking platform Hostelworld has reported after tax profits of €21m for the year to the end of December.

Business • 05 Apr 16

ITV is to return £400m to shareholders with a special dividend

ITV to outperform ad market, pays special dividend

UK commercial television broadcaster ITV said the European football championship in June would boost advertising, helping it make up ground lost in the first three months of the year.

Business • 02 Mar 16

William Hill said its operating profit for 2015 fell 22% to £291.4m

William Hill announces share buyback, up dividend

British bookmaker William Hill has announced a £200m sharebuyback and hiked its full-year dividend, despite a fall in profit for the year.

Business • 26 Feb 16

Bank of Ireland said all of its trading divisions were profitable during the year

Bank of Ireland posts 30% increase in 2015 profits

Bank of Ireland increased its profit last year by 30% due to growth in new lending and a recovery in the money it set aside for bad loans, and said it would restart dividend payments next year.

Business • 22 Feb 16

CPL says its net fees continue to show growth across the business.

CPL seeing a positive start to new fiscal year

Recruitment group CPL said it has seen a positive start to its new financial year.

Business • 20 Oct 15

M&S made a profit before tax and one-off items of £661.2m in the year to March 28

M&S profit rises for first time in four years

Marks & Spencer posted its first rise in annual profit in four years and said it would return excess cash to shareholders.

Business • 20 May 15

This is the second accounting scandal Toshiba has faced in two years

Toshiba cancels dividend over accounting probe

Japanese industrial conglomerate Toshiba has cancelled a dividend payment and withdrawn its earnings outlook, citing a probe into accounting irregularities on infrastructure projects.

Business • 11 May 15

Lloyds Banking Group reports underlying profit of £7.8 billion, up from £6.2 billion the year before

First Lloyds dividend to be paid since 2008

Lloyds Banking Group is paying its first dividend for six years after reporting a rise in profit and improvement in its capital strength.

Business • 27 Feb 15

The majority of Green REIT's portfolio consists of Dublin-based offices

Green REIT to pay €6.1m dividend in March

Green REIT is to pay a dividend of €6.1m next month following the release of its half year results.

Business • 23 Feb 15

ING reported Q4 pretax profits of €783m, down from €904m the same time a year earlier

ING to pay first dividend in seven years

Dutch banking group ING today posted results that missed analysts' expectations for fourth quarter pretax profit due to one-off charges.

Business • 11 Feb 15

Switzerland's biggest bank said today net profit for the fourth quarter was higher than expected

UBS in warning over impact of rise in Swiss franc

UBS Group has warned over the impact of the surging Swiss franc and negative interest rates in Switzerland and the euro zone.

Business • 10 Feb 15

Samsung says it is actively considering a "special increase" in dividend of between 30-50%

Samsung may raise 2014 dividend by up to 50%

Samsung Electronics said it is considering lifting its 2014 dividend payout by up to 50%, its latest attempt to boost its share price in a year plagued by disappointing earnings.

Business • 19 Dec 14

Dividend