Streetbeat News

Dividends

CSCO

HPQ

XRX

The article highlights three tech stocks with high dividend yields: Xerox Holdings Corporation, HP Inc., and Cisco Systems, Inc. Analysts have provided ratings and price targets for these stocks, with Xerox facing a Hold and Sell rating, HP being downgraded to Neutral, and Cisco receiving an Outperform and Buy rating. Recent news includes Xerox's CFO retirement, HP's acquisition of Vyopta, and Cisco's expanded partnership with VAST Data.

Portfolio Pulse from Avi Kapoor

October 09, 2024 | 11:16 am

GOLD

Mali is seeking $500 million in taxes and dividends from Barrick Gold, according to sources cited by Reuters. This development could impact Barrick Gold's financial obligations and operations in Mali.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:29 pm

CPA

KRT

UPS

Analysts have provided their ratings on three high-dividend yielding industrial stocks: Copa Holdings, Karat Packaging, and United Parcel Service. Copa Holdings has seen mixed analyst ratings with a recent increase in capacity and passenger traffic. Karat Packaging was downgraded after poor financial results. UPS maintained its dividend despite lowered price targets.

Portfolio Pulse from Avi Kapoor

October 08, 2024 | 12:58 pm

FANG

SNV

XLF

On CNBC's 'Final Trades', analysts discussed Owens Corning, Synovus Financial, Diamondback Energy, and the Financial Select Sector SPDR Fund. Owens Corning received a price target increase, Synovus Financial is expected to report strong earnings, and Diamondback Energy was upgraded amid rising oil prices.

Portfolio Pulse from Avi Kapoor

October 08, 2024 | 12:48 pm

DPZ

Domino's Pizza, Inc. (NYSE:DPZ) is set to release its Q3 earnings on Oct. 10, with projected revenue of $1.1 billion and expected earnings of $3.63 per share, down from $4.18 last year. The company offers a 1.47% annual dividend yield, translating to $1.51 per share quarterly. To earn $500 monthly from dividends, an investor would need approximately 993 shares, worth $407,130. Domino's shares recently fell by 3.6% to $410.

Portfolio Pulse from Avi Kapoor

October 08, 2024 | 12:29 pm

THO

THOR Industries has announced a 4.2% increase in its regular quarterly dividend, raising it from $0.48 to $0.50 per share. The dividend is payable on November 15, 2024, to shareholders of record on November 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:17 pm

APD

CARR

HON

Honeywell International plans to spin off its Advanced Materials unit into a separate publicly traded company, aiming to simplify its structure and boost flexibility. The spin-off, valued over $10 billion, is part of Honeywell's strategy to focus on automation, aviation, and energy transition. The move aligns with a trend among industrial conglomerates to streamline operations. Honeywell has been active in acquisitions and recently increased its dividend.

Portfolio Pulse from Vandana Singh

October 08, 2024 | 11:07 am

PEP

PepsiCo has adjusted its FY24 guidance, now expecting a low-single-digit increase in organic revenue, down from a prior estimate of ~4%. The company reaffirms its adjusted EPS outlook of at least $8.15, aligning with estimates. PepsiCo anticipates an 8% increase in core constant currency EPS and plans to return $8.2 billion to shareholders through dividends and share repurchases.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 10:08 am

HON

Honeywell plans to spin off its Advanced Materials Business by 2025 or early 2026, which will not affect its FY24 guidance. The company is on track to exceed its $25 billion capital deployment goal by 2025, with $9 billion already spent on acquisitions in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 10:03 am

AOS

A. O. Smith has announced a 6% increase in its quarterly dividend, raising it to $0.34 per share. The dividend will be payable on November 15 to shareholders recorded by October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:02 am