The Israeli Companies Law provides for two tests a company’s board of directors must perform to approve a resolution to distribute dividends. The first test is the “profit test” and the second is the ...

Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update. The board of Postal Savings Bank of China has approved a proposal for the bank’s 2024 interim profit distribution, ...

King & Wood Mallesons’ Europe and Middle East senior partner Stephen Kon has said that KWM’s UK arm may move to a monthly profit distribution cycle as the firm continues to be dogged by late payments ...

MPLX has delivered strong returns to unit holders, but future earnings growth may be limited due to weakening oil output and refining margins. MPLX is sheltered from short-term commodity volume ...

Profit distributions are not an annual practice for Citadel, but the firm has returned substantial capital to investors over recent years. Including the anticipated 2025 distribution, Citadel will ...

ZURICH, March 3 (Reuters) - The Swiss National Bank posted a record annual profit of 80.7 billion Swiss francs ($89.50 billion) in 2024, the central bank said on Monday, riding on the back of booming ...