S&P 500
7,614.00
-0.11%
Dow Jones
51,326.00
-0.09%
Nasdaq 100
30,630.60
-0.28%
Russell 2000
2,927.38
-0.19%
FTSE 100
10,382.60
-0.05%
Nikkei 225
68,184.20
+1.01%

Investing

An 80% Dividend Hike By SAP, Sort Of… A Birthday Present (SAP, ORCL, HPQ)

Photo of Jon C. Ogg
By Jon C. Ogg Published

SAP AG (NYSE: SAP) has some news out that may sound too good to be true on the surface.  The company’s executive board has prepared the company’s 2011 consolidated financial statements.  More importantly, it is going to recommend to SAP’s Supervisory Board to propose a huge dividend increase at the annual shareholder meeting.

The increase is being put at a gain of 83% in Euro terms from euro 0.60 to euro 1.10 per share for the fiscal year 2011.   Before you count this as a permanent endorsement, keep in mind that this dividend hike does include a special dividend of euro 0.35 per share that is aimed to celebrate the company’s 40th anniversary.

Are we supposed to take this as a “birthday dividend” in a sort?  It seems as though that is actually the case.

Maybe it took a former SAP CEO to take down Hewlett-Packard Co. (NYSE: HPQ), but it has been hard to not notice that Oracle Corporation (NASDAQ: ORCL) ran into some headwinds with its last earnings.   Or…Maybe this is another signal that market share is not being destroyed endless on a permanent basis.

JON C. OGG

Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Jon C. Ogg |

Nokia Deathwatch: Breakup & Liquidation Value Over Operating Value (NOK, RIMM, GOOG, AAPL, MSFT)

If you have not asked yourself about the ultimate death of Nokia Corporation (NYSE: NOK), it is time to rethink…

Douglas A. McIntyre |

What Is Important in the Financial World (4/2/2013)

ThinkstockHigh European Unemployment Eurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering…

Jon C. Ogg |

Dividend Watch: IBM Smart Move, Also Not So Smart Move (IBM)

International Business Machines Corp. (NYSE: IBM) is the largest Dow Jones Industrial Average component by far due to its share…

Jon C. Ogg |

Wal-Mart Tries for $15 Billion More in Share Buybacks (WMT, RTH)

Wal-Mart Stores, Inc. (NYSE: WMT) is going for the headline effect this morning at its 40th Annual Meeting of Shareholders. …

Jon C. Ogg |

Caterpillar Dividend Hike Challenges 2011 Guidance (CAT)

If you have been watching shares of Caterpillar Inc. (NYSE: CAT), you might be tricked into believing that the global…

Jon C. Ogg |

The Great Overlooked Dividend Hikes During the Panic (COV, CXS, DISCA, FITB, F, HST, LVS, LMT, MCD, MSFT, NEM, O)

This was no good week for stocks even if the markets have bounced off the lows numerous times on Friday. …

Jon C. Ogg |

6 Big Companies That Just Now Raised Their Dividends, Some Very Unexpectedly

Six well-known companies raised their dividends after the close of trading on Wednesday. So much for that slowdown worry, maybe.

Jon C. Ogg |

2011’s New Dividend Candidates From Giant Companies (AMGN, BRK-A, DELL, EBAY, EMC, KSS, CSCO, AAPL)

Despite big companies holding unprecedented billions and billions of dollars on their balance sheets, it is shocking how many companies…

Jon C. Ogg |

Target Aims to Become King of Dividends in Retail Sector

courtesy of Target Corp.When companies raise their dividends, it is usually a message from the company’s management that the underlying…

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826