Dividends
FILE - This Jan. 13, 2021, file photo shows a Chase ATM in New York. All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday, June 24, as it released the results from its latest "stress tests," giving the banks the green light to start paying out dividends to investors and buying back stock. (AP Photo/Mark Lennihan, File)
All big banks pass latest Federal Reserve 'stress tests'

By Ken Sweet Jun. 24, 2021 04:41 PM EDT

FILE- In this Dec. 12, 2019, file photo, a trader talks to others in front of a screen displaying Saudi stock market values at the Arab National Bank in Riyadh, Saudi Arabia. Saudi Aramco said Tuesday, May 4, 2021, it's profits soared by 30% for the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices as some of the world's biggest economies claw their way out of recession and ease restrictions amid vaccine roll-outs against COVID-19.(AP Photo/Amr Nabil, File)
Saudi oil firm Aramco's first-quarter profits up by 30%

By Aya Batrawy May. 04, 2021 02:58 AM EDT

FILE - This Nov. 16, 2020, file photo, shows the Federal Reserve in Washington. The Federal Reserve said Thursday, March 25, 2021, that as of June 30 it will end for most banks the temporary limits it had imposed on their ability to make dividend payments and buy back their own stock. (AP Photo/J. Scott Applewhite)
Fed says restrictions on bank dividends and buybacks to end

By Martin Crutsinger Mar. 25, 2021 06:21 PM EDT

FILE - In this Dec. 11, 2019, file photo, Saudi Arabia's state-owned oil company Aramco and stock market officials celebrate the debut of Aramco's initial public offering on the Riyadh Stock Market, in Riyadh, Saudi Arabia. Aramco paid the Saudi government 30% less in taxes in 2020, the company reported Monday, March 22, 2021, as the region’s largest economy grapples with the pressures of the coronavirus pandemic and low oil prices. Despite Aramco’s steep losses, the company managed to keep its dividend pledge to shareholders by taking on a ballooning amount of debt. (AP Photo/Amr Nabil, File)
Saudi oil giant Aramco reports 30% drop in payments to state

By Isabel Debre Mar. 22, 2021 07:45 AM EDT

In this Sept. 20, 2019, file photo, engineers walk in front of an oil separator at a Saudi Aramco processing facility in Abqaiq, Saudi Arabia. Saudi Arabia's state-backed oil giant Aramco announced Sunday, March 21, 2021, that its 2020 profits fell sharply in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets. (AP Photo/Amr Nabil, File)
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

By Isabel Debre Mar. 21, 2021 01:59 AM EDT

British bank Barclays resumes dividends despite profit fall

By Pan Pylas Feb. 18, 2021 05:09 AM EST
LONDON (AP) — British banking firm Barclays is resuming dividend payouts despite reporting a big drop in profits last year after it set aside 4.8 billion...

FILE - This Monday, Nov. 16, 2020 file photo shows the Federal Reserve in Washington. The Federal Reserve said Friday, Dec. 18, 2020 that the 33 largest U.S. banks are in strong shape despite the pandemic’s economic shock. (AP Photo/J. Scott Applewhite, File)
Fed finds big US banks in solid shape; keeps dividend limits

By Marcy Gordon Dec. 18, 2020 04:42 PM EST

FILE - In this Dec. 11, 2019, file photo, Saudi Arabia's state-owned oil company Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia. Saudi Arabia's oil giant Aramco announced Monday, Nov. 16, 2020, it will issue international bonds as it seeks a cash infusion to help pay for billions of dollars in dividends the company promised shareholders before the global coronavirus pandemic sent oil prices plummeting. (AP Photo/Amr Nabil, File)
Saudi Aramco to issue bonds as it seeks cash amid oil slump

By Aya Batrawy Nov. 16, 2020 09:03 AM EST

FILE - In this Dec. 11, 2019, file photo, Saudi Arabia's state-owned oil company Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia. Saudi Arabia's oil and gas giant Aramco announced Tuesday, Nov. 3, 2020, third quarter profits of nearly $12 billion, a significantly higher net income from its dramatically lower second quarter earnings. (AP Photo/Amr Nabil, File)
Aramco earnings up in Q3, but still far less than last year

By Aya Batrawy Nov. 03, 2020 02:23 AM EST

FILE- This April 25, 2017, file photo, shows an Exxon service station sign in Nashville, Tenn. Exxon Mobil reported on Friday, Oct. 30, 2020, lost $680 million in the third quarter as the global pandemic curtailed travel throughout the world, diminishing the need for fuel. Revenue tumbled to $46.2 billion, down from $65.05 billion during the same quarter last year.(AP Photo/Mark Humphrey, File)
Losses mount for oil companies as pandemic grips economy

By Cathy Bussewitz Oct. 30, 2020 07:51 AM EDT

BP to cut dividends as it prepares for fossil fuel decline

Aug. 04, 2020 03:12 AM EDT
LONDON (AP) — BP plc says it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in...

FILE - In this photo made on Wednesday, April 25, 2018, the prices for regular gas and diesel are posted at a Speedway station in Zelienople, Pa. The $21 billion sale of Speedway gas stations buys Marathon Petroleum some breathing room as the global pandemic continues to punish the energy sector. Wall Street focused on the sale to 7-Eleven over the weekend, rather than the huge losses the company posted Monday, Aug. 3, 2020 with a lack of demand for fuel leading to refinery shutdowns. (AP Photo/Keith Srakocic, file)
Sale of Speedway gas stations buys Marathon breathing room

By Matt Ott Aug. 03, 2020 01:08 PM EDT

FILE - In this file photo dated Thursday, April 23, 2020, flags wave in front of a factory building during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. Carmaker Volkswagen reports Thursday July 30, 2020, an after-tax loss of 1.54 billion euros (dollars 1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. (AP Photo/Jens Meyer, FILE)
Volkswagen lost $1.8 billion in Q2 but sees profit for year

Jul. 30, 2020 05:27 AM EDT

FILE - In this April 3, 2020, file photo, customers, some wearing face masks, line up outside a Wells Fargo branch in the Atwater Village neighborhood of Los Angeles, during the coronavirus outbreak. The Federal Reserve said on Thursday, June 25, 2020, a worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause nation’s 34 largest banks to collectively lose roughly $700 billion. To bolster the banks ahead such a potentially damaging recession, the Fed ordered the banks to suspend stock buybacks and dividend payouts until Sept. 30. (AP Photo/Damian Dovarganes, File)
Fed stops big banks from buying back stock, caps dividends

By Ken Sweet Jun. 25, 2020 04:59 PM EDT

FILE - In this June 25, 2019 file photo, people gather outside U.S. Sen. Lisa Murkowski's office in Juneau, Alaska, to protest the proposed Pebble Mine. The Pebble Limited Partnership, which wants to build a copper and gold mine near the headwaters of a major U.S. salmon fishery in southwest Alaska, says it plans to offer residents in the region a dividend. (AP Photo/Becky Bohrer, File)
Alaska mine project developer proposes dividend program

By Becky Bohrer Jun. 18, 2020 04:08 PM EDT

FILE - This Tuesday, Aug. 1, 2017 file photo shows the BP logo at a petrol station in London. Energy company BP is writing off as much as $17.5 billion from its oil and gas assets and will review its plans to develop oil wells as the COVID-19 pandemic accelerates its goal of decreasing its reliance on fossil fuels. (AP Photo/Caroline Spiezio, File)
BP takes $17.5B hit as pandemic accelerates emissions cuts

By Danica Kirka Jun. 15, 2020 04:35 AM EDT

A security person wears a mask as he checks a vehicle entering a compound for Saudi Aramco in Jiddah, Saudi Arabia, Monday, March 9, 2020. State oil giant Saudi Aramco sees shares drop by 10% as Riyadh stock market opens, halting trading. (AP Photo/Amr Nabil)
Saudi Aramco Q1 profits of $16B as virus impacts earnings

May. 12, 2020 04:29 AM EDT

FILE - In this April 23, 2018, file photo, the logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange. Profits fell at Exxon Mobil, Friday, May 1, 2020, during the first quarter as the global pandemic began to erode oil demand. The Irving, Texas oil giant lost $610 million in the first quarter, down 126% from the same time last year.(AP Photo/Richard Drew, File)
Exxon profits drop as most of world stays home, forgoes fuel

By Cathy Bussewitz May. 01, 2020 08:16 AM EDT