Category: Income
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X Financial reports solid Q2 with record net income By Investing.com
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X Financial (ticker: XYF) has announced a solid performance for the second quarter of 2024, with President Kan Li expressing pleasure over the company’s significant year-on-year growth in net income, which reached a record high despite a decline in loan volume. The company’s proactive management of loan volumes, focusing on…
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2 Cheap Passive Income Stocks to Buy Now
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Passive income is crucial to maintaining your lifestyle after retirement. After all, the Social Security Administration warns that it may not be able to pay out benefits in full after 2035, which underscores the importance of alternative sources of income. While stocks aren’t necessarily the most stable sources of passive…
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State dividend income hits Sh80bn on Ruto directive
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Treasury earnings from public investments for the fiscal year ending June 2024 nearly doubled on the back of a presidential order requiring parastatal commercial companies to surrender 80 percent of their net profits to the Treasury. New disclosures show investment income jumped 95.43 per cent to Sh80.72 billion in the…
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The Keg Royalties Income Fund announces August 2024 cash distribution
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Article Content VANCOUVER, British Columbia, Aug. 9, 2024 (GLOBE NEWSWIRE) — Keg Revenue Income Fund (the “Fund”) (TSX: KEG.UN) today announced that an August 2024 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as of August 21, 2024. The August 2024 distribution will…
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Goldman Sachs Launches Preferred Stock ETF For High Income
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Stock market quote Goldman Sachs Asset Management Introduced a new preferred stock fund – its fifth fund for 2024. Goldman Sachs Axis U.S. Preferred Equity and Hybrid ETF (GPRF) It began trading on August 8, according to a company press release. The statement said that the GPRF Fund aims to…
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ABN Amro lifts full-year interest income outlook on higher rates By Reuters
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By Leo Marchandon and Matteo Allevi (Reuters) – Dutch bank ABN Amro on Wednesday raised its full-year net interest income forecast to 6.4 billion euros ($6.98 billion) after beating second-quarter estimates, sending its shares up 3 percent. ABN Amro’s previous forecast of €6.3 billion was in line with 2023 levels.…
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Israels top percent pays less tax in proportion to income
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The total income of the top percentage of the wealthy in Israel between 2013 and 2021 amounted to about 100 billion shekels annually, according to a study conducted by the Israel Tax Authority. The study found that the top percentage of the wealthy receive 13.2% of the total income and…
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Israels top percent pays less tax in proportion to income
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The total income of the top percentage of the wealthy in Israel between 2013 and 2021 amounted to about 100 billion shekels annually, according to a study conducted by the Israel Tax Authority. The study found that the top percentage of the wealthy receive 13.2% of the total income and…
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This 7%-Yielding Dividend Stock Should Be Your First Choice for Income and Upside
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Enbridge (NYSE:ENB) Shell is the largest operator of energy infrastructure in North America. The Canadian pipeline and utility company transports 30% of the oil produced in North America and 20% of the gas consumed in the United States and operates the continent’s largest gas utility. In addition, it is among…
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Half a million ensnared by 60 per cent income tax trap
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More than half a million individuals now pay up to 60 percent of income tax on the top of their earnings, a record number caught in this punitive tax trap, according to Bowmore Financial Planning. Salaries between £100,000 and £125,000 fall under this tax anomaly. While the official top rate…
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What a billion-dollar portfolio manager thinks about fixed income
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Breadcrumb trail links Investor Sandy Liang: In the years since the pandemic, being a bond manager has not been fun, at least for traditional managers. Posted on June 30, 2024 • Last updated 26 minutes ago • 4 minutes read You can save this article by registering for free here.…
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Congressman Matt Gaetz Introduces Bill to Allow Federal Income Tax Payments in Bitcoin
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Congressman Matt Gaetz (R-Fla.) has introduced legislation allowing federal income tax payments to be made in Bitcoin. Reported exclusively First reported by The Daily Wire, this bill aims to amend the Internal Revenue Code of 1986, directing the Secretary of the Treasury to develop a plan to accept Bitcoin. Urgent:…
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Congressman Matt Gaetz Introduces Bill to Allow Federal Income Tax Payments in Bitcoin
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Congressman Matt Gaetz (R-Fla.) has introduced legislation allowing federal income tax payments to be made in Bitcoin. Reported exclusively First reported by The Daily Wire, this bill aims to amend the Internal Revenue Code of 1986, directing the Secretary of the Treasury to develop a plan to accept Bitcoin. Urgent:…