Winmark Puts $4 Special Dividend Against Cash-Flow Concerns
Winmark will pay a $1.02 regular dividend and a $4 special dividend on Dec. 1 after reporting $27.89 million in quarterly revenue. Flat nine-month earnings and questions about cash coverage complicate the income case.
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MSC Industrial Lifts Quarterly Dividend to $0.89
MSC Industrial raised its quarterly dividend by two cents to $0.89 per share. Investors must be shareholders of record by November 11 to receive the payment scheduled for November 25.
Inflation Hits 3.7% as Savings Rates Face a New Test
September CPI inflation reached 3.7%, while many standard savings accounts pay far less. High-yield accounts and CDs offer stronger yields, but variable rates and fixed terms come with different trade-offs.
Hotter Inflation Hits Tech Shares as Bank of America Slides
September inflation ran hotter than expected, pushing the Nasdaq 100 down 0.9% on Wednesday. Bank of America fell nearly 8% after Treasury announced $1.21 billion in penalties and the bank reported weaker trading revenue.
