Finance

Don’t Buy NZX Limited (NZSE:NZX) For Its Next Dividend Without Doing These Checks

It looks like NZX Limited (NZSE:NZX) is about to go ex-dividend in the next four days. If you purchase the stock on or after the 3rd of September, you won’t be eligible to receive this dividend, when it is paid on the 18th of September.

NZX’s next dividend payment will be NZ$0.035 per share, and in the last 12 months, the company paid a total of NZ$0.061 per share. Looking at the last 12 months of distributions, NZX has a trailing yield of approximately 3.7% on its current stock price of NZ$1.64. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether NZX can afford its dividend, and if the dividend could grow.

Check out our latest analysis for NZX

Dividends are typically paid from company earnings. If a company pays more

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Reliance Buys Future Assets for $3.4 Billion; Bonds Jump

(Bloomberg) — Reliance Industries Ltd. is buying assets of debt-strapped rival Future Group for 247.1 billion rupees ($3.4 billion), almost doubling the footprint of India’s No. 1 retailer and largest company by market value. Future Retail Ltd. bonds gained and its shares soared 20% in Mumbai trading Monday.

The deal includes Future’s retail, wholesale, logistics and warehousing units, Reliance Retail Ventures Ltd. said Aug. 29 in a statement. Dollar notes sold by Future Retail rose 20 cents to 93.5 cents on the dollar Monday, the biggest jump since the bond’s sale in January, according to Bloomberg-compiled prices. The unit averted a default on the securities this month.

The telecommunications, retail, oil and petrochemicals conglomerate led by billionaire Mukesh Ambani had been in talks for months with Future, which is facing a cash crunch amid intensifying competition and the pandemic. By scooping up the country’s No. 2 retail chain, Ambani is

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Auswide Bank Ltd (ASX:ABA) Looks Like A Good Stock, And It’s Going Ex-Dividend Soon

Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Auswide Bank Ltd (ASX:ABA) is about to go ex-dividend in just 4 days. Investors can purchase shares before the 3rd of September in order to be eligible for this dividend, which will be paid on the 18th of September.

Auswide Bank’s next dividend payment will be AU$0.11 per share. Last year, in total, the company distributed AU$0.35 to shareholders. Based on the last year’s worth of payments, Auswide Bank has a trailing yield of 7.0% on the current stock price of A$5.1. We love seeing companies pay a dividend, but it’s also important to be sure that laying the golden eggs isn’t going to kill our golden goose! As a result, readers should always check whether Auswide Bank has been able to grow its dividends, or

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Anthony and Joe Russo Say Chadwick Boseman Was ‘Determined to Use His Talents in Ways That Impacted’

VALERIE MACON/AFP via Getty Images; Jesse Grant/Getty Images

Directors Anthony and Joe Russo are mourning the death of Chadwick Boseman, who was a history-making star in the Marvel Cinematic Universe.

Boseman died on Friday at the age of 43 after a four-year battle with colon cancer, his family confirmed. The actor was the star of the 2018 film Black Panther and was celebrated for his epic portrayal of a Black superhero and king.

On Saturday, the Russo brothers paid tribute to Boseman in a statement shared with PEOPLE.

“This is hard to process,” they said. “Chadwick was an incredibly elegant and thoughtful individual who conveyed dignity and integrity in a way that very few could. A tremendous talent who inspired a generation to stand up and be king. He understood something unique and noble about life, and was determined to use his talents in ways that impacted. He had so

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Trump’s China Sanctions Fail Russian History Test

(Bloomberg Opinion) — The U.S. is deploying its economic weaponry as never before, using unilateral sanctions to punish China for the erosion of Hong Kong’s autonomy and its treatment of Uighur minorities in the country’s northwest. Western experience with Russia suggests Washington’s efforts to force a change of behavior are unlikely to succeed, even if the measures remain in place for years.

Washington blacklisted a powerful Chinese conglomerate and officials over human rights abuses in Xinjiang at the end of July, just as President Donald Trump suggested he would ban popular Chinese-owned video app TikTok. In early August, weeks after Beijing imposed a national security law on Hong Kong, the White House took the most dramatic step of all, targeting the territory’s leader, Carrie Lam, and a handful of others. The Hong Kong Autonomy Act passed by the U.S. in July may expand that group, and target their bankers, too.

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Wealth inequality ‘concerning’ to business leaders: Edward Jones exec

added over half a trillion dollars in wealth amid the coronavirus outbreak while tens of millions of workers have lost their jobs, exacerbating inequality that had already reached heightened levels before the pandemic.” data-reactid=”16″Billionaires in the U.S. have added over half a trillion dollars in wealth amid the coronavirus outbreak while tens of millions of workers have lost their jobs, exacerbating inequality that had already reached heightened levels before the pandemic.

In a recent interview, Edward Jones Managing Partner Penny Pennington called on business leaders to help solve income inequality, saying the struggles of low-income Americans threaten the consumer base and workforce on which companies rely.

Edward Jones, which serves seven million clients in the U.S. and Canada with a combined $1.3 trillion in assets.” data-reactid=”22″“Leadership and business leadership needs to be thinking about the wealth gap in our economy,” says Pennington, who leads the financial

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Coronavirus vaccine development ‘is just like Diana Ross and The Supremes,’ expert says

coronavirus vaccine could lead to a vaccine becoming publicly available before it’s proven to be safe.” data-reactid=”16″Some health experts are worried that the race for a coronavirus vaccine could lead to a vaccine becoming publicly available before it’s proven to be safe.

“It’s just like Diana Ross and The Supremes,” Dr. Michael Saag, an associate dean for global health at the University of Alabama at Birmingham, said on Yahoo Finance’s The Ticker (video above). “You can’t hurry love and you can’t hurry vaccine development. The reason I say that is that we need the time to see if the vaccine actually works and we need to see if it’s safe.” 

Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases (NIAID), stressed that rushing a vaccine could do more harm than good. 

told Reuters. “One of the potential dangers if you prematurely let a

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4 Perfect Stocks to Buy for Beginners

valuation surge to $11.2 billion. Its not surprising considering the fact that the company added 3 million new customer accounts at the beginning of fiscal year 2020. As markets continue to trade near all-time-highs, retail investor interest remains elevated. Capital preservation is one of the most important objectives when selecting stocks to buy for beginners.” data-reactid=”12″With another round of funding, Robinhood has seen its valuation surge to $11.2 billion. Its not surprising considering the fact that the company added 3 million new customer accounts at the beginning of fiscal year 2020. As markets continue to trade near all-time-highs, retail investor interest remains elevated. Capital preservation is one of the most important objectives when selecting stocks to buy for beginners.

Initial losses might scare new investors from markets that have consistently been able to beat most asset classes in the long term. Even if there

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Afton Chemical Announces Phase 3 Investment in the Singapore Chemical Additive Manufacturing Facility to Add GPA Blending Capabilities

Afton Chemical Corporation, a global leader in the lubricant and fuel additive market, has received approval from the Afton Chemical board to invest in Gasoline Performance Additives (GPA) blending capabilities at its Singapore Chemical Additive Manufacturing Facility.

The investment is part of Afton’s “Made In” strategy that focuses on globally lean supply chain solutions that enable quicker support and more effective supply to its customers in Asia. It will also provide the additional infrastructure required to support the company’s long-term global growth plans.

The demand for GPA in Asia Pacific is expected to grow at a compound annual growth rate of 4% through 2024. “The additional GPA blending capacity in Singapore will help satisfy the increase in demand driven by the expected growth in China and other parts of Asia,” said Mr. Sean Spencer, Vice President and Managing Director of Afton Chemical Asia.

Afton has invested approximately S$400 million in

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Tiffany Trump Does a Tiffany-Blue Suit With Flared Split Legs at Republican National Convention

TipRanks

RBC: These 2 Stocks Are Poised to Surge by at Least 80%

Breaking record after record, the stock market is on a roll. Hovering at all-time highs, the steady decline of new COVID-19 cases in the U.S. and vaccine hopes have kept the S&P 500’s remarkable rally alive. That said, these movements have spurred unprecedented disparities in sentiment, with some market watchers overwhelmingly bullish while others are unwaveringly bearish.So, how are investors supposed to decide which side to take? The Wall Street pros can lend a hand here. Analysts offer up extensive experience as well as cover stocks you might not otherwise hear of. Seeking out some of the best in the business, we turned to the analysts at RBC Capital, which nabs the third spot on TipRanks’ list of Top Performing Research Firms.The pros from RBC are bullish on two stocks in particular, noting that each could gain

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