Streetbeat News

Dividends

LLY

Eli Lilly and Company (NYSE:LLY) is set to release its Q2 earnings on August 8, with analysts expecting an increase in both earnings per share and revenue compared to the previous year. The company currently offers a dividend yield of 0.66%, translating to a quarterly dividend of $1.30 per share. Investors would need to own approximately $915,330 worth of Eli Lilly stock to generate a monthly dividend income of $500. The article also discusses how dividend yields can fluctuate based on stock price and dividend payment changes.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 1:26 pm

AAN

CRI

F

Wall Street's most accurate analysts have provided their ratings on three high-dividend-yield consumer stocks: Ford Motor Company, Carter’s, Inc., and The Aaron’s Company, Inc. Ford has a dividend yield of 6.13%, Carter’s has a yield of 5.21%, and Aaron’s has a yield of 4.98%. Analysts have given mixed ratings and price targets for these stocks, with recent news affecting their outlooks.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 12:30 pm

SILA

Sila Realty Trust (NYSE:SILA) reported its Q2 2024 financial results. AFFO decreased to $0.54 from $0.55 YoY, while EPS increased to $0.08 from $0.07 YoY. Rental revenue fell to $43.55M from $44.965M YoY. The company declared monthly dividends totaling $0.40 per share for the quarter and acquired a $10.8M medical outpatient building.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:28 pm

WYNN

Wynn Resorts (NASDAQ:WYNN) shares dipped after the company reported Q2 earnings of $1.12 per share on revenue of $1.733 billion, both missing analyst estimates. Despite record Adjusted Property EBITDAR and increased revenues in several operations, the stock fell 0.84% after-hours. The company declared a cash dividend of 25 cents per share and continues to invest in growth projects.

Portfolio Pulse from Erica Kollmann

August 06, 2024 | 8:44 pm

NOG

Northern Oil and Gas, Inc. (NOG) has announced an increase in its quarterly dividend to $0.42 per share, representing a 5% sequential increase.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:40 pm

CRC

California Resources Corporation (CRC) has provided its H2 2024 guidance, highlighting $30M in synergies from the Aera merger and $60M in interest savings. CRC has increased its annual dividend to $1.55 per share. The company expects Q3 net production of 141-145 MBoe/d with $90M-$110M in capital expenditures and $375M-$415M in adjusted EBITDAX. CRC repurchased 0.7M shares for $35M in Q2 and completed a $600M senior notes offering to repay debt.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:40 pm

CIX

CompX International has declared a $2.00 special cash dividend and a $0.30 regular quarterly dividend per share. The special dividend is payable on August 28, 2024, and the quarterly dividend is payable on September 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:31 pm

VNOM

Viper Energy shares are trading higher after the company reported better-than-expected Q2 financial results and increased its annual base dividend.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 7:00 pm

FOXA

Fox Corp (NASDAQ:FOXA) reported Q4 2024 revenues of $3.09 billion, slightly missing analyst expectations but showing growth in affiliate fees and the TV segment. Adjusted net income beat expectations at $0.90 per share. The company anticipates a strong fiscal 2025 driven by the upcoming presidential election and the next Super Bowl. Fox also increased its semi-annual dividend and noted improvements in its advertising business.

Portfolio Pulse from Anusuya Lahiri

August 06, 2024 | 4:42 pm

SPG

Simon Property Group shares are trading higher after the company reported better-than-expected Q2 revenues, raised its dividend, and issued strong FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:36 pm