Streetbeat News

Dividends

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

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