Why Canada’s banks have no plans to suspend dividends despite a global trend of cuts [Toronto Globe and Mail (Ontario, Canada)]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: Toronto Globe and Mail
Why Canada’s banks have no plans to suspend dividends despite a global trend of cuts Canadian bank CEOs insist they will keep paying dividends, even as banks around the world have axed payouts under pressure from regulators to preserve capital within the banking system. Concern is mounting about the sustainability of banks’ dividends after major British and European lenders suspended payouts to prepare for an unpredictable health crisis. Banks everywhere are bracing for a major shock as measures to curb the spread of the new coronavirus shut down large parts of the global economy, putting millions out of work and making a painful recession into a virtual certainty. Canadian banks made it through the last financial crisis with dividends intact, and they have built generous capital reserves since then. They have also treated the payouts as more or less sacrosanct: Steady dividends serve as signals of health in a banking system and stopping the payouts can erode confidence. Dividends als
Show less
Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ING alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- Progress on share buyback programmeGlobeNewswire
- Botin's Costly Credit Suisse Hiring Spree Is Reshaping Santander [Yahoo! Finance]Yahoo! Finance
- Notification of transaction with associated person [Yahoo! Finance]Yahoo! Finance
- Progress on share buyback programmeGlobeNewswire
- Lorne Steinberg's Top Picks: Adobe,Becton, Dickinson and Co. and Techtronic Industries [BNN Bloomberg (Canada)]BNN Bloomberg
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 11/19/24 - Form 6-K
- 11/12/24 - Form SC
- 11/12/24 - Form 6-K
- ING's page on the SEC website