• Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders. The maker of the Jeep and Dodge brands is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.6 billion worth of shares after posting revenue of $191.2 billion, up 18% on the year. Stellantis sold 288,000 electric vehicles globally* last year, a 41% increase from 2021.
Join the more than 4 thousand ambitious entrepreneurs & investors hellbent on making our mark on the world. Subscribe today to become a Market Mover. Make better business & investment decisions with our daily curation service.
  • Intel Slashes Dividend by Over 65%, to 12.5 cents. Intel CEO Pat Gelsinger said on a call with analysts that the company’s board was cautious in weighing the first dividend cut since 2000. He added Intel intended to resume growing the dividend “over time.” This is part of the company's wide-ranging set of cost cuts.

This post is for subscribers only

Sign up now to read the post and get access to the full library of posts for subscribers only.

Sign up now Already have an account? Sign in