Streetbeat News

Dividends

CE

Celanese (CE) was the worst-performing stock in the S&P 500 after reporting worse-than-expected results, cutting its dividend, and announcing production cuts due to demand weakness.

Portfolio Pulse from

November 05, 2024 | 8:30 pm

EWBC

East West Bancorp has delivered a 112.33% price return over five years, even amidst a banking crisis. Despite improvements in its securities portfolio and tangible book value per share, sluggish loan growth and a valuation near its 10-year average lead to a hold rating.

Portfolio Pulse from

November 05, 2024 | 8:30 pm

MITT

AG Mortgage Investment Trust, Inc. reported a net income of $0.40 per share, but its earnings available for distribution ($0.17) fell short of covering the $0.19 dividend. Despite volatile interest rates, the company achieved a 3.9% economic return on equity and a net interest rate spread of 0.6%. The stock is trading at a significant discount-to-book value, with a price target of $8.

Portfolio Pulse from

November 05, 2024 | 7:45 pm

CNA

CNA Financial has shown steady underwriting performance and premium growth, leading to gradual and special dividend increases. Despite higher catastrophe losses, strong investment income resulted in a 12% net income increase in Q3 2024. With an attractive valuation and conservative debt profile, CNA is appealing to dividend-focused investors.

Portfolio Pulse from

November 05, 2024 | 7:30 pm

SII

Sprott Inc. has announced a 20% increase in its dividend for the third quarter of 2024, with a payment of US$0.30 per common share. The dividend will be paid on December 3, 2024, to shareholders recorded by November 18, 2024.

Portfolio Pulse from

November 05, 2024 | 7:00 pm

SUI

Sun Communities (SUI) is highlighted as a potential great choice for dividend investors. The article discusses the challenges of finding a good dividend stock and suggests that SUI might meet the criteria.

Portfolio Pulse from

November 05, 2024 | 6:00 pm

SPYI

The article discusses SPYI as a core retirement dividend income holding, highlighting its two main weaknesses. It suggests combining SPYI with two big dividend stocks to address these weaknesses and enhance its strengths.

Portfolio Pulse from

November 05, 2024 | 5:00 pm

GLPI

Gaming and Leisure Properties REIT offers a strong dividend yield and geographic diversification in the gaming industry. With a high-quality portfolio and major partners like Penn and Caesars, it provides stable financials and long-term lease agreements, making it attractive for income investors.

Portfolio Pulse from

November 05, 2024 | 4:45 pm

WMB

Williams has announced its quarterly cash dividend, which is relevant for investors tracking dividend payouts.

Portfolio Pulse from

November 05, 2024 | 4:30 pm