Streetbeat News

Dividends

QFIN

Qifu Technology plans to maintain a prudent business approach while raising its semi-annual dividend. The company expects significant year-on-year growth in net income for Q3 2024 and has approved a dividend of $0.30 per Class A ordinary share or $0.60 per ADS for the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:10 pm

CURI

CuriosityStream expects Q3 revenue between $12M and $14M, below the estimated $16.24M. The company highlights positive cash flow, a dividend program funded by surplus cash, $40 million in cash and equivalents, no debt, and an extensive library as indicators of a positive trajectory for the remainder of 2024 and beyond.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:34 pm

EQIX

HST

PLD

As the Federal Reserve considers cutting interest rates, dividend-paying stocks become more attractive. Ned Davis Research highlights that companies capable of growing their dividends signal strong cash flows and balance sheets. Three REIT stocks—Host Hotels & Resorts Inc (HST), Equinix Inc (EQIX), and Prologis Inc (PLD)—are recommended for their strong dividend growth potential.

Portfolio Pulse from Surbhi Jain

August 13, 2024 | 3:01 pm

ALGT

GNK

KRT

Wall Street's most accurate analysts have provided their ratings on three high-dividend-yielding industrial stocks: Genco Shipping & Trading Limited (GNK), Allegiant Travel Company (ALGT), and Karat Packaging Inc. (KRT). The article highlights recent analyst ratings and relevant news for each company.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 1:10 pm

CWCO

Consolidated Water Co. Ltd. (NASDAQ:CWCO) announced a quarterly cash dividend of 9.5 cents per share for Q3 2024. The company is expected to release its Q2 earnings on August 14, with analysts predicting a drop in earnings and revenue compared to the previous year. The article also discusses how investors can earn monthly income from CWCO's dividends.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 12:10 pm

HUYA

HUYA shares are trading higher despite a Q2 earnings miss. The company's board declared a special dividend of $1.08/ADS.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:39 am

HUYA

HUYA's board has declared a special cash dividend of $1.08 per ADS, totaling approximately $250 million, to be paid on October 25, 2024. The dividend will be funded by surplus cash on the company's balance sheet.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am

AMAT

Applied Materials, Inc. (NASDAQ:AMAT) shares are trading slightly higher at $191.48, marking a 4.4% gain over the past week. Investors are anticipating the company's third-quarter earnings report, expected to show EPS of $2.02 on revenue of $6.673 billion. Key areas of growth include AI, IoT, electric vehicles, and clean energy. The company previously reported strong second-quarter results and significant cash returns to shareholders.

Portfolio Pulse from Henry Khederian

August 12, 2024 | 3:34 pm

CVS

GSK

PFE

Wall Street's most accurate analysts have spotlighted three high-dividend-yielding health care stocks: Pfizer Inc. (PFE), GSK plc (GSK), and CVS Health Corporation (CVS). Analysts have provided updated ratings and price targets for these stocks, and recent news events have been highlighted.

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 1:00 pm

CAH

Cardinal Health (NYSE: CAH) is set to release its Q4 earnings on August 14, with analysts expecting an EPS of $1.73 and revenue of $58.64 billion. The company has a dividend yield of 2.01%, translating to a quarterly dividend of 50.56 cents per share. Investors would need to own approximately $298,688 worth of shares to earn $500 monthly from dividends. The stock closed at $100.67, up 1.8% on Friday.

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 12:43 pm