Streetbeat News

Dividends

ASB

Associated Banc-Corp has announced an increase in its quarterly dividend from $0.22 to $0.23 per share, payable on December 16, 2024. This decision reflects the company's commitment to returning value to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:39 pm

V

Visa Inc. reported better-than-expected Q4 results with earnings of $2.71 per share and revenue of $9.6 billion, surpassing analyst estimates. The company also announced a 13% increase in its quarterly cash dividend.

Portfolio Pulse from Erica Kollmann

October 29, 2024 | 8:33 pm

EXE

Expand Energy has announced a new $1 billion share repurchase authorization as part of its enhanced capital return framework. The plan, effective January 1, 2025, prioritizes a base dividend of $2.30 per share and $500 million in annual net debt reduction. Remaining free cash flow will be used for share repurchases and additional dividends.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:05 pm

UNF

UniFirst Corporation has announced an increase in its quarterly cash dividend from $0.33 to $0.35 per share for its Common Stock and from $0.26 to $0.28 per share for its Class B Common Stock. The dividends will be payable on January 3, 2025, to shareholders of record on December 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 7:56 pm

IEP

Icahn Enterprises shares are trading lower following the suspension of dividends by CVR Energy.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 7:51 pm

AMKBY

KYOCY

The article highlights the investment philosophy of Walter Schloss, a value investor who achieved remarkable returns by focusing on financially sound companies trading below book value. It also discusses the potential of Kyocera Corp. and A.P. Moller-Maersk A/S as undervalued investment opportunities.

Portfolio Pulse from Tim Melvin

October 29, 2024 | 6:25 pm

VFC

VF Corporation's shares rose after reporting better-than-expected Q2 results, with revenue of $2.8 billion and earnings of 60 cents per share. Despite a 6% YoY revenue decline, analysts raised price targets. The company aims for $300 million in savings by FY 2025 and announced a 9-cent dividend.

Portfolio Pulse from Vaishali Prayag

October 29, 2024 | 6:10 pm

MCD

McDonald's has announced an increase in its quarterly dividend from $1.67 to $1.77 per share, reflecting the company's strong financial position and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:44 pm

MPLX

MPLX LP has announced an increase in its quarterly cash distribution from $0.85 to $0.9565 per common unit for Q3 2024, equating to $3.826 annually.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 3:40 pm

CRAK

IEO

PSX

Phillips 66 reported strong Q3 FY24 results with significant gains in its Marketing and Chemicals segments, despite a decline in its Midstream and Refining segments. The company's adjusted EPS exceeded expectations, and it continues to make progress on its share repurchase and dividend distribution targets. Investors can gain exposure to Phillips 66 through ETFs like iShares U.S. Oil & Gas Exploration & Production ETF and VanEck Oil Refiners ETF.

Portfolio Pulse from Lekha Gupta

October 29, 2024 | 2:40 pm