Streetbeat News

Dividends

CNQ

CVX

DRLL

HES

WEEI

Chevron is selling $6.5 billion in assets to Canadian Natural Resources, including stakes in the Athabasca Oil Sands Project and Duvernay shale. This move is part of Chevron's plan to divest $10-15 billion in assets by 2028. The deal is expected to close in Q4 2024, pending regulatory approvals. Canadian Natural Resources plans to increase its dividend and allocate free cash flow to shareholders and debt reduction.

Portfolio Pulse from Lekha Gupta

October 07, 2024 | 11:55 am

ABBV

GILD

GSK

The article highlights three high-dividend yielding healthcare stocks: Gilead Sciences, GSK, and AbbVie. Analysts have provided ratings and price targets for these stocks, with recent news impacting each. Gilead has a licensing agreement with Dr. Reddy's, GSK received U.S. government funding for bird flu vaccines, and AbbVie is set to announce its Q3 financial results.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 11:19 am

CNQ

Canadian Natural Resources has announced a 7% increase in its quarterly dividend, raising it to $0.5625 per share, payable in January 2025.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 9:06 am

PSX

Phillips 66 is expected to report a decrease in earnings and revenue for Q3. The company offers a 3.31% annual dividend yield, and investors can earn $500 monthly by owning 1,304 shares. The stock recently gained 3.3%, and JPMorgan maintained an Overweight rating but lowered the price target.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 12:22 pm

SND

Smart Sand shares rose following the announcement of a special cash dividend of $0.10 per share and a $10 million share buyback authorization.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 12:08 pm

CVI

DHT

NAT

Analysts have provided their latest ratings on three high-dividend energy stocks: Nordic American Tankers (NAT), DHT Holdings (DHT), and CVR Energy (CVI). NAT was downgraded by Jefferies and had its price target cut by Evercore ISI. DHT received a price target increase from Stifel and an upgrade from Jefferies. CVI had its price target reduced by both JP Morgan and Mizuho.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 11:53 am

APOG

SMDV

Apogee Enterprises, Inc. (NASDAQ:APOG) exceeded Q2 expectations with sales of $342.4 million, surpassing the consensus estimate. Despite a 3.2% revenue dip, the company improved its gross margin and raised its FY25 EPS outlook. Apogee's shares rose 9.601% premarket. Investors can also access the stock via ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV).

Portfolio Pulse from Lekha Gupta

October 04, 2024 | 11:44 am

APOG

LFCR

MMLP

SND

UAVS

Apogee Enterprises is expected to report earnings, Smart Sand declared a dividend and buyback, Lifecore Biomedical is expected to post a loss, Martin Midstream Partners is being acquired, and AgEagle Aerial Systems announced a reverse stock split.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 6:15 am

SND

Smart Sand shares rose following the announcement of a special cash dividend of $0.10 per share and a $10 million share buyback authorization.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:04 pm

SND

Smart Sand, Inc. (NASDAQ:SND) has declared a special dividend of $0.10 per share and authorized a $10 million share repurchase program. The dividend is payable on October 28, 2024, and the repurchase program is valid through April 3, 2026.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:03 pm