CA Inc. raises annual dividend fivefold
Photo credit: James A. Escher | CA Inc. posted higher quarterly profits Tuesday and said it would increase its dividend. (April 6, 2010)
Islandia-based CA Inc., which makes business software, posted higher quarterly profits Tuesday and -- just two weeks after public needling by an activist hedge fund investor -- said it would increase its dividend five times over.
CA, one of Long Island's largest publicly traded companies, said third-quarter profit rose 32 percent to $263 million, from $200 million in the same October-to-December...
