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H.B. Fuller and Plumas Bancorp have declared their quarterly dividends, while Taiwan Semiconductor Manufacturing Company (TSMC) announced a NT$7.00 quarterly dividend. TSMC also reported beating Q2 top and bottom line estimates and issued a strong Q3 revenue outlook.
Multiple companies, including Wisconsin Electric Power, IDACORP, and J. M. Smucker, have announced their latest dividend declarations. FVCBankcorp also reported a 16.7% increase in its quarterly dividend.
Major U.S. banks, including Morgan Stanley and Bank of America, reported strong first-quarter earnings, with BofA notably avoiding a single daily trading loss. These positive results contributed to advances in the S&P 500 and Nasdaq as earnings season began.