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General Rates—On November 2, 2017 OTP filed a request with the NDPSC for a rate review and an effective increase in annual revenues from non-fuel base rates of $13.1 million or 8.72%. The requested $13.1 million increase was net of reductions in North Dakota RRA, TCR and ECR rider revenues that would have resulted from a lower allowed rate of return on equity and changes in allocation factors in the general rate case. In the request, OTP proposed an allowed return on rate base of 7.97% and an allowed rate of return on equity of 10.3%. On December 20, 2017 the NDPSC approved OTP’s request for interim rates to increase annual revenue collections by $12.8 million, effective January 1, 2018. In response to the reduction in the federal corporate tax rate under the TCJA, the NDPSC issued an order on February 27, 2018 reducing OTP’s annual revenue requirement for interim rates by $4.5 million to $8.3 million, effective March 1, 2018.
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Ternium pays an annual dividend of $1.10 per share and has a dividend yield of 3.7%. Ossen Innovation does not pay a dividend. Ternium pays out 14.3% of its earnings in the form of a dividend. Ternium has increased its dividend for 2 consecutive years.
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Ternium (NYSE:TX) was downgraded by equities research analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Wednesday.
Ternium pays an annual dividend of $1.10 per share and has a dividend yield of 3.6%. China Precision Steel does not pay a dividend. Ternium pays out 14.3% of its earnings in the form of a dividend. Ternium has raised its dividend for 2 consecutive years.
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Table 1 demonstrates Ternium S.A. and Ossen Innovation Co. Ltd.’s top-line revenue, earnings per share (EPS) and valuation. Ossen Innovation Co. Ltd. is observed to has lower revenue and earnings than Ternium S.A. The company that is more expensive between the two has a higher price-to-earnings ratio. Ternium S.A.’s current price-to-earnings ratio is higher than that of Ossen Innovation Co. Ltd., which means that it is the expensive of the two.
On August 1, 2018, I set out to be the first human to drive a Tesla to every single USA Tesla store in the lower 48 states. I drove my 2012 Model S P85 for the first 12,100 miles and 42 states east of Arizona. After that, I took my brand new Model 3 Performance for the last 6 States. The Model 3 started with 25 miles on the odometer and ended the trip with 4,370 miles just two flawless weeks later.
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On February 5, 2018, 15,200 restricted stock units under the 2014 Incentive Plan were granted to the Company’s executive officers. The grant-date fair value of each restricted stock unit was $41.325 per share, the average of the high and low market price on the date of grant. The restricted stock units granted to executive officers in 2018 vest 25% per year on February 6 of each year in the period 2019 through 2022 and are eligible to receive dividend equivalent payments on all unvested awards over the awards’ respective vesting periods, subject to forfeiture under the terms of the restricted stock unit award agreements. The vesting of restricted stock units is accelerated in the event of a change in control, disability, death or retirement, subject to proration on retirement in certain cases.
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