Streetbeat News

Dividends

KHC

Kraft Heinz reported Q3 earnings that beat expectations but missed on revenue, leading to a drop in share price. The company anticipates a slow recovery in its US retail business and projects lower-end growth for fiscal year 2024.

Portfolio Pulse from Nabaparna Bhattacharya

October 30, 2024 | 1:56 pm

META

Meta Platforms, Inc. (NASDAQ:META) is set to release its Q3 earnings, with expectations of $5.25 EPS on $40.29 billion revenue. The company has exceeded estimates for six consecutive quarters. Meta offers a 0.34% annual dividend yield, equating to $2.00 per share annually. To earn $500 monthly from dividends, an investor would need 3,000 shares, worth approximately $1,779,840. The dividend yield can fluctuate with stock price changes.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 1:37 pm

BERY

Berry Global Group, Inc. has announced a 13% increase in its quarterly dividend, raising it to $0.31 per share. This move reflects the company's strong financial position and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:02 pm

FLO

KHC

WBA

The article highlights three high-dividend yielding stocks in the consumer staples sector: Walgreens Boots Alliance, Kraft Heinz, and Flowers Foods. Analysts have provided mixed ratings and price targets for these stocks, reflecting varying expectations. Walgreens has entered a partnership with Veeva Systems, Kraft Heinz posted mixed Q3 results, and Flowers Foods is set to report its Q3 results soon.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 12:02 pm

EA

HERO

NERD

Electronic Arts (EA) reported Q2 earnings with EPS beating estimates, but revenue slightly missing expectations. Net bookings hit a record, and American Football is on track for $1 billion in net bookings for FY25. EA raised its full-year EPS and revenue guidance. The company also repurchased shares and declared a dividend. EA shares rose premarket.

Portfolio Pulse from Lekha Gupta

October 30, 2024 | 12:02 pm

SCL

Stepan Company has announced a 2.7% increase in its quarterly cash dividend, raising it to $0.385 per share. This marks the 57th consecutive year of dividend increases for the company.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:28 am

CDW

CDW has announced an increase in its quarterly cash dividend from $0.62 to $0.625 per common share, payable on December 10, 2024, to stockholders of record as of November 25, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:26 am

OSW

OneSpaWorld Holdings has announced a quarterly dividend payment of $0.04 per common share, payable on December 4.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:54 am

DKL

Delek Logistics Partners, LP (NYSE:DKL) announced an increase in its quarterly cash distribution to $1.10 per unit, up from $1.09, payable on November 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:00 am

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