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Bundesbank Favors ‘Radical' Capital Simplification for Lenders

Bundesbank Favors ‘Radical' Capital Simplification for Lenders

Bloomberg03-07-2025
Germany's central bank favors stark changes to the set-up of the various financial reserves that lenders have to keep on hand to absorb losses before they can pay out excess funds to investors.
While US banks face a clear bar for high quality capital, their peers in Europe have to maintain a series of buffers set by national, European and international bodies.
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STERIS (NYSE:STE) Will Pay A Larger Dividend Than Last Year At $0.63
STERIS (NYSE:STE) Will Pay A Larger Dividend Than Last Year At $0.63

Yahoo

time6 minutes ago

  • Yahoo

STERIS (NYSE:STE) Will Pay A Larger Dividend Than Last Year At $0.63

STERIS plc's (NYSE:STE) periodic dividend will be increasing on the 26th of September to $0.63, with investors receiving 11% more than last year's $0.57. Despite this raise, the dividend yield of 1.0% is only a modest boost to shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. STERIS' Payment Could Potentially Have Solid Earnings Coverage It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Before making this announcement, STERIS was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow. Looking forward, earnings per share is forecast to rise by 59.3% over the next year. If the dividend continues on this path, the payout ratio could be 26% by next year, which we think can be pretty sustainable going forward. See our latest analysis for STERIS STERIS Has A Solid Track Record The company has a sustained record of paying dividends with very little fluctuation. Since 2015, the dividend has gone from $0.92 total annually to $2.28. This implies that the company grew its distributions at a yearly rate of about 9.5% over that duration. Companies like this can be very valuable over the long term, if the decent rate of growth can be maintained. We Could See STERIS' Dividend Growing The company's investors will be pleased to have been receiving dividend income for some time. We are encouraged to see that STERIS has grown earnings per share at 5.2% per year over the past five years. Growth in EPS bodes well for the dividend, as does the low payout ratio that the company is currently reporting. We Really Like STERIS' Dividend Overall, a dividend increase is always good, and we think that STERIS is a strong income stock thanks to its track record and growing earnings. Earnings are easily covering distributions, and the company is generating plenty of cash. Taking this all into consideration, this looks like it could be a good dividend opportunity. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. As an example, we've identified 1 warning sign for STERIS that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Lamborghini Temerario test drive: $380K hybrid supercar delivers mind-boggling performance
Lamborghini Temerario test drive: $380K hybrid supercar delivers mind-boggling performance

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time36 minutes ago

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Lamborghini Temerario test drive: $380K hybrid supercar delivers mind-boggling performance

Lamborghini's (VWAGY) latest creation, the Temerario supercar, has some big shoes to fill. Let me rephrase that — the 900hp, all-wheel drive, plug-in hybrid Temerario with a 10,000 RPM turbo V8 has some big shoes to fill. Che cosa? That's because it's replacing the much-loved Huracán: the outgoing serpent-like, alien-looking creation equipped with a sublime, yet ferocious when needed, naturally aspirated V-10 engine. The Huracán was amazing. But times are changing. Around a year ago at Monterey Car Week, Lamborghini unveiled the Temerario, which loosely translates to 'reckless' in Italian. The long-in-the-tooth Huracán — which, believe it or not, is over 10 years old and shared some underpinnings with sister brand Audi's R8 — needed a refresh. Lamborghini also sold 30,000 units of the $250K+ Huracán, its best-selling car ever. In other words, it couldn't mess this up. And with changing rules like emissions and electrified propulsion needed in certain European locales, hybrid power was needed. Lamborghini knew it had to convince buyers this wasn't a 'green' thing — it's about performance. It did this convincingly with the Revuelto, its range-topping supercar that combines a V12 with a hybrid system, using electric motors more for performance than range. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service Lamborghini's CEO Stephan Winkelmann notes the car is completely new from top to bottom, including, of course, the new powertrain. It has to be exciting, he says, but also livable. Lamborghini seems to have threaded that needle, at least for now: The car is sold out through its first year of production, he said, which is a nice start for the brand. The drive I took the Temerario on the track for a few sessions to put the car through its performance envelope. Styling-wise, it's a sleek, attractive car that fits the mold of what regular people envision when they think of a supercar. It's wide, low-slung, and angular. Not as extreme as the Huracán, but sexy in its own right. The rear is more interesting, with its fully exposed V-8 engine out back and fenders with wide cut-outs exposing the car's bulging rear tires, a nod to motorcycle design. One area the Temerario vastly improves on the Huracán is the interior. Better materials all around, better infotainment and instrument cluster digital screens with nice animations —and more space owing to slightly larger dimensions. Fewer buttons is not a welcome change, though it seems most of these functions are now controls on the steering wheel. On the track is where it all comes together. With its hybrid system, the Temerario features two motors powering each front wheel individually, giving the car true torque vectoring. That means the wheels can spin and apply force independently on their own. This also means that, while the rear wheels are powered by the monster V8, the front wheels can provide force at different times, like during an aggressive turn, keeping the car's line true and giving extra assistance around corners. Traction is of course improved as well. So handling-wise, the car feels a lot smaller than it really is, which makes even the most aggressive track easier to deal with. But true heart of the beast is its twin turbo, flat-plane-crank V8 motor. Combined with the two motors up front and one sandwiched in between the 8-speed transmission, the Temerario has a mind-boggling 900hp on tap. The engine alone is a marvel, able to spin up to 10,000 RPM. It is designed to keep pulling to that red line. Usually, most motors will start petering out at those heady levels. This allowed the Temerario to hit ungodly, panic-inducing speeds on the straightaways of nearly 200mph, which then meant going hard on the brakes, and then into the next curve without losing it. Those front motors really helped get the car back on the proper race line if you braked too deeply into the first turn, for example. The car allowed me to string faster lap after faster lap in succession, giving me confidence to push harder into every turn, and brake later. Yes, it is overall a better car than the Huracán when it comes to aggressive track driving. And I'm sure it's a perfectly livable car too — meaning, in theory, you could take it around town to run some errands — though I didn't get the chance to drive on local roads. But I have a few complaints, believe it or not. The loss of the Huracán's V10 really hurts from an emotional point of view — the sound of the 10-cylinder revving higher is intoxicating. Yes, the Temerario at 10,000 RPM screaming down the straightaway does give you that emotional kick, but most owners will not be pushing the car anywhere near that mind-boggling limit. Most owners will be driving around town or on some nice backcountry roads. And though I said it was subjective, the styling for me is a bit too toned down too, at least compared to the outgoing Huracán. For a car that starts at $382,654 in the US, we would like more of a wow factor. Lamborghini isn't done with the Temerario Lamborghini won't sit idly when it comes to special or updated versions of the Temerario. Performance models with aggressive styling and enhancements to the powertrain may mean more exciting versions could be coming. This is all part of the game plan. And some buyers actually prefer the base models of Lamborghini's creations because they are the purest form of these vehicles. But, finally, I have to ask: Could we see a Temerario special edition combining a non-turbo screaming V8 with those trick electric motors up front, or one with an aggressive, race car-like aero package? Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Sign in to access your portfolio

Car finance mis-selling payout scheme could be worth billions
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