Streetbeat News

Dividends

ABIO

ARCA Biopharma shares are trading higher after the company announced a special dividend of $1.59 per share.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:37 pm

CBOE

Cboe Global Markets has announced a $500 million increase in its share repurchase authorization and a 15% increase in its quarterly cash dividend to $0.63 per share. This marks the 14th consecutive year of dividend increases.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:32 pm

ABIO

ARCA Biopharma has declared a special dividend of $1.59 per share, contingent upon stockholder approval of a proposed merger with Oruka.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:17 pm

HRB

H&R Block, Inc. (NYSE:HRB) shares are surging due to better-than-expected Q4 financial results, strong guidance, a new $1.5 billion share repurchase program, and a 17% increase in the quarterly dividend.

Portfolio Pulse from Vaishali Prayag

August 16, 2024 | 7:13 pm

MGEE

MGE Energy's Board of Directors has increased the quarterly dividend rate by 5.3% to $0.45 per share, raising the annualized rate to $1.80 per share. The dividend is payable on September 15, 2024, to shareholders of record on September 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 4:23 pm

TPR

Tapestry (NYSE:TPR) reported better-than-expected Q4 results, with adjusted EPS of 92 cents and sales of $1.59 billion. Despite this, analysts have lowered their price targets. The company expects FY25 revenue of $6.7 billion and EPS between $4.45 and $4.50. Tapestry will maintain its annual dividend rate of $1.40 per share.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 1:38 pm

EL

Estée Lauder Companies Inc. (NYSE:EL) is set to release its Q4 earnings on Aug. 19, with analysts expecting a significant increase in earnings per share and revenue compared to the previous year. The article also discusses the company's dividend yield and how investors can earn monthly income from it. Shares of Estée Lauder recently gained 3.8%, and Telsey Advisory Group has maintained a Market Perform rating with a $115 price target.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 1:05 pm

CCI

SPG

VICI

Wall Street's most accurate analysts have provided their ratings and price targets for three high-yielding real estate stocks: Simon Property Group (SPG), Crown Castle Inc. (CCI), and VICI Properties Inc. (VICI). These stocks offer dividend yields over 5% and have received recent analyst updates and positive news.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 12:31 pm

HRB

H&R Block shares are trading higher following the release of better-than-expected Q4 financial results and FY25 guidance above estimates. The company also announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:34 am

AMAT

CINT

FLO

HRB

MSGE

Several stocks are poised to capture investor attention today. Madison Square Garden Entertainment Corp. (MSGE) is expected to report a quarterly loss, while Applied Materials, Inc. (AMAT) reported better-than-expected Q3 results but provided a mixed Q4 outlook. CI&T Inc. (CINT) and H&R Block, Inc. (HRB) both reported strong earnings, with HRB also increasing its dividend. Flowers Foods, Inc. (FLO) is expected to post quarterly earnings before the market opens.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:38 am