Intel Corp. slashed its quarterly dividend by almost two-thirds, as it proceeds to cut costs after major losses. The U.S.-based chip manufacturer will reduce its fourth quarterly dividend from $0.365 to $0.125, a loss of more than 65 percent, the chipmaker announced on Feb. 22. This comes after the company announced the implementation of a series of…

LONDON—BP’s second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and trading prompted it to boost its dividend and spending on new oil and gas production. The strong performance caps a blowout quarter for the top Western oil and gas companies on the back of soaring energy prices…

Dividend-paying stocks are a dependable way for investors to get paid during shaky market periods, when other avenues for profit, such as capital gains, are more uncertain. These stocks are considered to provide a hedge against inflation, making them popular investment choices in the current market. On average, they tend to be far less volatile…

Would you like to have an extra $1,000 per month? Even if you’re a minimalist, I think most of us would jump at this opportunity. And, for a good reason. An extra grand a month could totally transform your life. In addition to paying off financial debt, you could also invest in your retirement or…

U.S. shale producers Devon Energy, Diamondback Energy, and Coterra Energy on Monday reported sharp increases in profit that beat Wall Street estimates, but held production plans steady as they stressed a focus on shareholder returns. U.S. oil and gas producers are facing a windfall from higher energy prices, as Russia’s invasion of Ukraine has stoked…

Analysts celebrated Oracle Corp.’s Q2 beat, dividend, and $10 billion share buyback approval by raising their price targets on the stock. Piper Sandler analyst Brent Bracelin raised the price target to $100 from $80 (12.7 percent upside) and kept a Neutral. The company’s Q2 revenue growth improved to 6 percent ex-currency from 2 percent last…

MILAN—Italian American carmaker Fiat Chrysler said on Wednesday that the payment of a planned €2.9 billion ($3.5 billion) special dividend as part of its merger with France’s PSA had “become unconditional.” The special dividend, worth €1.84 per share, will be paid on Jan. 29, Fiat Chrysler (FCA) said in a statement. FCA and Peugeot maker…