Streetbeat News

Dividends

DRLL

XLE

XOM

Exxon Mobil Corporation reported its Q3 earnings, highlighting $11.3 billion in cost savings, a 5% increase in production, and a 4% dividend hike. Despite missing revenue expectations, Exxon beat EPS estimates. The company plans further cost savings and continues its offshore exploration efforts.

Portfolio Pulse from Lekha Gupta

November 01, 2024 | 12:24 pm

YUMC

Yum China Holdings, Inc. (NYSE:YUMC) is set to release its Q3 earnings on Nov. 4, with analysts expecting an EPS of 67 cents and revenue of $3.05 billion. The company offers a 1.45% annual dividend yield, translating to 16 cents per share quarterly. To earn $500 monthly from dividends, an investment of approximately $413,531 is needed.

Portfolio Pulse from Avi Kapoor

November 01, 2024 | 12:21 pm

SPG

SPGPRJ

Simon Property Group has announced an increase in its quarterly dividend from $2.05 to $2.10 per share, marking a 10.5% year-over-year rise. The dividend will be payable on December 30, 2024, to shareholders of record on December 9, 2024. Additionally, a dividend on its Series J Preferred Stock has been declared.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:18 pm

CVX

DRLL

WEEI

Chevron's Q3 earnings report shows a revenue beat and a 7% increase in oil-equivalent production, driven by the PDC Energy acquisition and Permian Basin output. Despite a drop in adjusted EPS, Chevron's shares rose 2.07% premarket. The company aims for $2-$3 billion in structural savings by 2026 and plans to divest $10-$15 billion in assets by 2028.

Portfolio Pulse from Lekha Gupta

November 01, 2024 | 11:54 am

PPL

PPL Corporation has adjusted its 2024 earnings forecast range to $1.67-$1.73 per share, slightly increasing the midpoint to $1.70. The company also reaffirmed its projected annual EPS and dividend growth of 6%-8% through at least 2027.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:41 am

D

Dominion Energy has adjusted its FY24 earnings guidance to a range of $2.68 to $2.83 per share, maintaining the midpoint at $2.75. The company also reaffirmed its FY25 guidance and other financial projections.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:35 am

XOM

Exxon Mobil has announced a 4% increase in its quarterly dividend, raising it to $0.99 per share. This marks the 42nd consecutive year of annual dividend increases for the company, a feat achieved by less than 4% of S&P 500 companies.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:31 am

LNT

Alliant Energy has provided its FY25 EPS guidance range of $3.15 - $3.25 and set an annual common stock dividend target of $2.03.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:06 pm

AAPL

Apple Inc (NASDAQ:AAPL) reported Q4 earnings with revenue and EPS beating analyst estimates. Revenue was $94.9 billion, up 6% YoY, with iPhone sales rising. The installed base reached new highs. Apple announced new products and features, including Apple Intelligence. A quarterly dividend of 25 cents per share was declared.

Portfolio Pulse from Adam Eckert

October 31, 2024 | 9:10 pm

EE

Excelerate Energy has announced a significant increase in its quarterly cash dividend, raising it by 140% from $0.025 to $0.06 per share. This dividend is for the quarter ended September 30, 2024, and will be payable on December 5, 2024, to shareholders of record as of November 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:44 pm