Sprint has signed a deal with the newly formed Mobile Leasing Solutions, LLC, which has been created by a group of equity investors including Sprintâs majority owner and parent company, Softbank Group. Roughly $1.1 billion cash infusion occurred through this sale and lease-back deal. Notably, Sprint anticipates sale of 2.5 million leased devices with a projected book value of $1.3 billion to Mobile Leasing Solutions. The lease-back deal is intended to reduce one of Sprintâs biggest expenses â the cost of buying millions of new devices.
SAN DIEGO - April 8, 2010 - Qualcomm Incorporated (Nasdaq: QCOM) today announced a quarterly cash dividend of $0.19 per common share, payable on June 25, 2010 to stockholders of record at the close of business on May 28, 2010.
Ford is doubling its quarterly dividend, one year after the automaker restored the payment to its shareholders. The automaker announced Thursday that it will pay 10 cents a share to shareholders on March 1.Ford resumed paying dividends at the beginning of 2012 after suspending the payments in 2006 due to mounting financial losses and a need to preserve cash.But the company returned to profitability in 2009 and posted its biggest profit since 1998 in 2011.ord is doubling its quarterly dividend, one year after the automaker restored the payment to its shareholders. The automaker announced Thursday that it will pay 10 cents a share to shareholders on March 1.