Streetbeat News

Dividends

HRB

H&R Block, Inc. (NYSE:HRB) is set to release its Q4 earnings report on August 15. Analysts expect earnings of $1.74 per share, down from $2.05 per share a year ago, with revenue remaining flat at $1.03 billion. The company offers an annual dividend yield of 2.25%, translating to $1.28 per share annually. Investors would need to hold approximately 4,688 shares to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 12:41 pm

CMP

DOW

SON

Wall Street's most accurate analysts have spotlighted three high-yielding materials stocks: Compass Minerals International, Dow Inc., and Sonoco Products Company. These stocks offer dividend yields over 4% and have received recent analyst ratings and updates.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 11:50 am

VRTS

Virtus Investment Partners has announced an 18% increase in its quarterly dividend, raising it from $1.90 to $2.25 per share. The dividend will be paid on November 13, 2024, to shareholders of record as of October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:02 am

TPR

Tapestry Inc. announced that it expects to maintain its annual dividend rate of $1.40 per common share for the fiscal year 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:47 am

CSCO

Cisco Systems Inc (NASDAQ:CSCO) reported strong Q4 earnings, beating both revenue and EPS estimates. The company saw a 14% increase in product orders and declared a quarterly dividend. Cisco's outlook for Q1 and full-year 2025 also shows positive growth expectations.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 8:31 pm

NDSN

Nordson Corporation's Board of Directors has increased the company's dividend from $0.68 to $0.78 per share.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:32 pm

CSCO

Cisco Systems, Inc. (NASDAQ:CSCO) is set to release its Q4 earnings on August 14. Analysts expect a decrease in earnings per share and revenue compared to the previous year. Cisco plans significant layoffs to focus on high-growth areas like cybersecurity and AI. The company has a dividend yield of 3.53%, translating to a quarterly dividend of 40 cents per share. Investors would need to own approximately 3,750 shares to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 12:07 pm

HPQ

IBM

XRX

Wall Street's most accurate analysts have provided their ratings on three high-yielding tech stocks: Xerox Holdings Corporation (XRX), International Business Machines Corporation (IBM), and HP Inc. (HPQ). Xerox has received a Sell rating from Citigroup and an Underweight rating from JP Morgan, with recent sales declining by 10%. IBM has received Hold and Market Perform ratings from Jefferies and BMO Capital, respectively, with a recent dividend declaration. HP Inc. has received Equal-Weight and Hold ratings from Barclays and TD Cowen, respectively, with an upcoming financial results review.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 11:14 am

ARM

INTC

Intel Corp. (NASDAQ: INTC) has sold its stake in Arm Holdings (NASDAQ: ARM) as part of its restructuring efforts to focus on liquidity and efficiency. The sale brought in approximately $146.7 million. Intel is also cutting 15% of its workforce and has suspended its dividend. Despite these moves, Intel's stock has declined significantly this year.

Portfolio Pulse from Benzinga Neuro

August 14, 2024 | 7:26 am

CAH

Cardinal Health (NYSE:CAH) is set to release its Q4 earnings on Aug. 14, 2024, with analysts expecting an EPS of $1.73 and revenue of $58.64 billion. The company recently increased its quarterly dividend and has received mixed ratings from top analysts.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 5:54 am