Streetbeat News

Dividends

WPC

W. P. Carey has announced an increase in its quarterly dividend from $0.87 to $0.875 per share. This move reflects the company's commitment to returning value to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:33 pm

TXN

Texas Instruments (TXN) has announced an increase in its quarterly dividend from $1.30 to $1.36 per share, reflecting the company's strong financial position and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:02 pm

AGX

Argan Inc. has announced a 25% increase in its quarterly cash dividend, raising it from $0.30 to $0.375 per share. This news has led to an increase in Argan's share price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:53 pm

CBRL

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) reported Q4 earnings that missed expectations, with adjusted EPS at $0.98 versus the expected $1.10. Sales were $894.39 million, slightly below the $897.22 million consensus. The company plans to expand with new store openings and projects FY25 revenue between $3.4 billion and $3.5 billion. CBRL shares fell 0.67% following the report.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 5:10 pm

DRI

UBER

Darden Restaurants, Inc. (NYSE:DRI) missed Q1 earnings estimates but announced a partnership with Uber for delivery expansion. Despite missing earnings, DRI shares rose 7.39%. The company also declared a quarterly dividend and continued its share repurchase program.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 3:59 pm

AC

Associated Capital Group, Inc. (NYSE:AC) has announced a special dividend of $2 per share, payable on November 4, 2024, to shareholders of record as of October 21, 2024. This dividend will total approximately $42.4 million.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 3:13 pm

NEWT

OMIC

SRBK

Insider trades reveal significant purchases in Singular Genomics Systems, NewtekOne, and SR Bancorp, indicating potential confidence in these companies' prospects. Singular Genomics received a non-binding acquisition proposal, NewtekOne declared a dividend, and SR Bancorp reported a Q2 loss.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:53 pm

PKW

TMUS

XLC

T-Mobile US, Inc. (NASDAQ:TMUS) shares rose after the company announced surpassing its 2021 goals, setting new growth ambitions, and increasing its dividend by 35%. T-Mobile plans to expand its AI-driven approach, enhance its network, and target significant revenue growth by 2027. The company also announced a partnership with OpenAI and plans for substantial investments and shareholder returns.

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 1:32 pm

ET

GM

GOOG

TTD

On CNBC's 'Halftime Report Final Trades,' analysts discussed General Motors, Energy Transfer, The Trade Desk, and Alphabet. GM is benefiting from rate cuts and expanding partnerships. Energy Transfer is up 16% YTD with a high dividend yield. The Trade Desk is nearing its all-time high, and Alphabet won an appeal against a $1.66 billion EU fine.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:00 pm

THO

Thor Industries (NYSE:THO) is set to release its Q4 earnings on Sept. 24, with expected earnings of $4.83 per share and revenue of $21.99 billion. The company offers a 1.84% annual dividend yield, translating to $0.48 per share quarterly. Investors need significant investment to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 12:25 pm