Latest news with #McKesson
Forbes
2 hours ago
- Business
- Forbes
Daily Dividend Report: William, Cintas, Hershey, McKesson, AWK
Williams' board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company's common stock, payable on Sept. 29, 2025, to holders of record at the close of business on Sept. 12, 2025. This is a 5.3% increase from Williams' 2024 quarterly dividend of $0.4750 per share. Williams has paid a common stock dividend every quarter since 1974. 10 Oversold Dividend Stocks » Cintas announced that the Company's Board of Directors approved a quarterly cash dividend of $0.45 per share of common stock payable on September 15, 2025, to shareholders of record at the close of business on August 15, 2025. This represents a 15.4% increase. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas' initial public offering 42 years ago in 1983. The Board of Directors of Hershey today announced quarterly dividends of $1.370 on the Common Stock and $1.245 on the Class B Common Stock. The dividends were declared July 29, 2025, and are payable September 15, 2025, to stockholders of record as of August 15, 2025. It is the 382nd consecutive regular dividend on the Common Stock and the 163rd consecutive regular dividend on the Class B Common Stock. The Board of Directors of McKesson yesterday declared a regular dividend of $0.82 per share of common stock, a 15% increase from $0.71 per share in the prior quarter. The dividend will be payable on October 1, 2025, to stockholders of record on September 2, 2025. "McKesson continues our long-standing track record of returning capital to shareholders, marking our ninth consecutive annual dividend increase," said Brian Tyler, chief executive officer. "These actions reflect our confidence in the strength of our business and reinforces our commitment to delivering long-term value to shareholders." American Water Works announced that its board of directors today declared a quarterly cash dividend payment of $0.8275 per share of common stock, payable on September 3, 2025, to all shareholders of record as of August 12, 2025. This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced on April 30, 2025. Other Top Dividends
Business Wire
5 hours ago
- Business
- Business Wire
McKesson Corporation Raises Quarterly Dividend by 15% to $0.82 Per Share
IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of McKesson Corporation (NYSE:MCK) yesterday declared a regular dividend of $0.82 per share of common stock, a 15% increase from $0.71 per share in the prior quarter. The dividend will be payable on October 1, 2025, to stockholders of record on September 2, 2025. 'McKesson continues our long-standing track record of returning capital to shareholders, marking our ninth consecutive annual dividend increase,' said Brian Tyler, chief executive officer. 'These actions reflect our confidence in the strength of our business and reinforces our commitment to delivering long-term value to shareholders.' About McKesson Corporation McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. Our teams partner with biopharma companies, care providers, pharmacies, manufacturers, governments, and others to deliver insights, products and services to help make quality care more accessible and affordable. Learn more about how McKesson is impacting virtually every aspect of healthcare at and read Stories & Insights. We routinely use our website, to post information that may be material to investors, such as business developments, earnings, and financial performance, as well as presentation materials and details for upcoming and past events.
Yahoo
3 days ago
- Business
- Yahoo
These 11 companies have left California over the years
Big companies continue to leave California. Overall, research shows the number of companies leaving is small. But the departures include some of the nation's largest companies. Big companies continue to leave California. Some executives, including Tesla's Elon Musk and Palantir's Alex Karp, have made it abundantly clear why they left. "This is the final straw," Musk wrote on X in 2024 after Gov. Gavin Newsom signed a bill into law that barred school staff from informing parents of a student's gender identity. The number of companies leaving California is small. According to a 2025 report from the Public Policy Institute of California, only 3% of firms in California moved to a different state. However, larger companies are more likely to leave than smaller ones. Outside of businesses, people, too, have been leaving California at a high rate. US Census data from October 2024 showed nearly 700,000 people left California between 2022 and 2023. Lifestyle and affordability were the main factors for moving elsewhere. Company relocations are trending upward. Business Insider compiled some of the biggest names so far. McKesson Corp. Pharmaceutical giant McKesson left California in 2019. In terms of public companies, only Apple loomed larger in the Bay Area. Then-CEO John H. Hammergren said that McKesson was moving its headquarters to Las Colinas, Texas (near Dallas) to "improve efficiency, collaboration and cost-competitiveness, while providing an exceptional work environment for our employees." McKesson remains the highest-ranking Fortune 500 company to leave California in recent years. Chevron Oil giant Chevron had deep roots in California, going back to the 1870s when an early predecessor discovered oil north of Los Angeles. That didn't stop the company from moving to Houston in 2024. Looking back on its move, the energy giant says that California's leaders have taken steps that made it "unappealing." "While our relocation has very real benefits to our business, we also believe California policymakers have pursued policies that raise costs and consumer prices, creating a hardship for all Californians, especially those who can least afford it," Ross Allen, a spokesperson for Chevron, said in a statement to Business Insider. "These policies have also made California investment unappealing compared with opportunities elsewhere in the US and globally." Tesla Like some of his fellow tech CEOs, Elon Musk grew frustrated with the limitations of the Bay area before Tesla left for Austin in 2021. "There's a limit to how big you can scale in the Bay Area," Musk said at the time. Before the move, Musk had also clashed with officials over keeping Tesla's Fremont, California, factory open despite COVID-19 orders. Oracle In 2020, Oracle left its longtime home in California. The computer technology giant isn't done moving yet. Last year, CEO Larry Ellison said the computer technology giant would move its headquarters from Austin, where it had been for less than half a decade, to Tennessee. "Nashville is a fabulous place to live," Ellison said, according to an Associated Press report. "It's a great place to raise a family. It's got a unique and vibrant culture .... It's the center of the industry we're most concerned about, which is the health care industry." CBRE Global real estate company CBRE monitors the number of companies leaving California. The firm itself left Los Angeles in 2020. "Designating Dallas as CBRE's global corporate headquarters formalizes how our company has been operating for the past eight years," Lew Horne, head of operations in the Southwest, said in a statement to the Los Angeles Times in 2020. Charles Schwab Charles Schwab left for Westlake, Texas, in 2019 after it agreed to buy Omaha-based TD Ameritrade. Schwab chairman and founder Charles Schwab singled out the business climate in California as motivation for the move: "The costs of doing business here are so much higher than some other place" he told Forbes. The companies said in a joint statement that their new home would "allow the combined firm to take advantage of the central location of the new Schwab campus." In 2023, SFGate reported that Schwab further reduced its presence in San Francisco, its former home. "We've had an extremely positive experience in Texas," a spokesperson from Schwab said in a statement to BI. "From day one, the energy, innovation, and welcoming spirit of North Texas has far exceeded our expectations." Hewlett Packard Enterprise (HPE) In 2020, Hewlett Packard Enterprise announced it was leaving California, another COVID-19 era departure. "Houston is also an attractive market for us to recruit and retain talent, and a great place to do business," CEO Antonio Neri said in a statement announcing the move. Neri praised HPE's new home in Spring, Texas (a Houston suburb), but stressed that the company was not leaving Silicon Valley entirely. "Our San Jose campus will remain a hub for technological talent and innovation," he said. Palantir Software giant Palantir left Silicon Valley in 2020. Before the tech company moved, CEO Alex Karp said he had concerns about California. "I'm pretty happy outside the monoculture in New Hampshire," Karp told Axios in May 2020 when asked if he would move back to California as the COVID-19 pandemic was receding. Karp said at the time that Palantir was narrowing down its list of future homes, which potentially included Colorado. Palantir has been in Denver since August 2020. SpaceX Elon Musk promised to move SpaceX to Texas in 2024, part of a series of announcements that positioned his companies away from California. In announcing SpaceX's relocation, Musk singled out a California law that forbids schools from requiring staff to inform parents of a student's gender identity. "This is the final straw," Musk wrote on X in July 2024. "Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas." AECOM Global consultancy firm AECOM left Los Angeles in 2021, saying that Texas offered more benefits. "Dallas has emerged as a US hub for corporate headquarters and a compelling corporate talent magnet, particularly among our peers and public companies in the engineering and consulting sectors," a company spokesperson told The LA Times. FICO Financial data analytics firm FICO, officially known as the Fair Isaac Corporation, quietly moved to Bozeman, Montana, sometime in 2021. The company, best known for its FICO score, previously moved its corporate headquarters from Minneapolis to San Jose in 2013. It's not entirely clear why FICO left California. Read the original article on Business Insider
Yahoo
18-07-2025
- Business
- Yahoo
What to Expect From McKesson's Q1 2026 Earnings Report
Valued at a market cap of $89.5 billion, McKesson Corporation (MCK) is a healthcare services and information technology company headquartered in Irving, Texas. It provides pharmaceutical distribution, medical supplies, healthcare technology, and support services to pharmacies, hospitals, and biopharma companies. MCK is expected to announce its fiscal Q1 earnings for 2026 after the market closes on Wednesday, Aug. 6. Ahead of this event, analysts expect this healthcare company to report a profit of $8.25 per share, up 4.7% from $7.88 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in three of the last four quarters, while missing on another occasion. In Q4 2025, MCK's EPS of $10.12 outpaced the forecasted figure by 3.2%. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts expect McKesson to report a profit of $37.25 per share, up 12.7% from $33.05 per share in fiscal 2025. Furthermore, its EPS is expected to grow 12.1% year-over-year to $41.76 in fiscal 2027. Shares of MCK have rallied 22.6% over the past 52 weeks, outpacing both the S&P 500 Index's ($SPX) 10.5% uptick and the Health Care Select Sector SPDR Fund's (XLV) 10.4% decline over the same time frame. On May 8, McKesson delivered mixed Q4 results, and its shares closed up marginally in the following trading session. The company's total revenue improved 18.9% year-over-year to $90.8 billion, driven by strength in its pharmaceutical distribution division, expansion of its oncology platform, and continued growth in biopharma solutions. However, the top-line figure fell short of the consensus expectations by 3.1%. Nonetheless, due to higher revenue, lower tax rate, and strong operational growth across the business, MCK's adjusted EPS of $10.12 advanced 63.8% from the year-ago quarter and exceeded the consensus estimates by 3.2%. Wall Street analysts are highly optimistic about MCK's stock, with a "Strong Buy" rating overall. Among 16 analysts covering the stock, 12 recommend "Strong Buy" and four suggest "Hold.' The mean price target for MCK is $785.47, implying a 9.7% premium from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Business Insider
15-07-2025
- Business
- Business Insider
McKesson CEO sells $13.7M in common stock
In a regulatory filing, McKesson (MCK) disclosed that its CEO Brian Tyler sold 19.4K shares of common stock on July 11th in a total transaction size of $13.7M. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
