Streetbeat News

Dividends

NVDA

NVIDIA's CEO Jensen Huang highlighted AI's potential in India after meeting with PM Modi. NVIDIA's dividend yield is 0.03%, requiring significant investment to earn $500 monthly from dividends. NVIDIA shares rose 0.2% to $116.26.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 12:01 pm

LDOS

WMT

WU

On CNBC's 'Halftime Report Final Trades,' Stephen Weiss recommended Leidos Holdings, Jenny Harrington highlighted Western Union's 8% dividend yield, and Joseph Terranova picked Walmart. Leidos appointed Tina Jonas to its board, Western Union missed EPS estimates, and Walmart received a Buy rating from Melius Research.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 11:50 am

LAND

Gladstone Land Corp. is reviewing its permanent cropland portfolio due to declining crop prices and rising costs. The company is considering new leases, joint ventures, or selling properties to maintain dividends and potentially invest in steadier income assets or pay off debt.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:25 pm

STLA

Stellantis' CFO announced at the 2024 Bank of America European Autos and Future Car Virtual Conference that a special dividend for the company is unlikely.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:03 pm

PSBD

Palmer Square Capital BDC Inc. (NYSE:PSBD) has announced a Q3 2024 supplemental dividend of $0.05 per share, in addition to its base dividend of $0.42 per share. Both dividends are payable on October 14, 2024, to shareholders of record as of September 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:16 pm

KBH

KB Home (NYSE:KBH) is set to release its Q3 earnings, with analysts expecting an EPS of $2.06, up from $1.80 last year, and projected revenue of $1.73 billion. Bank of America raised its price target for KBH from $75 to $90. The stock has a dividend yield of 1.15%, translating to a quarterly dividend of $0.25 per share. To earn $500 monthly from dividends, an investor would need 6,000 shares, worth approximately $523,380.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 12:22 pm

GNK

KRT

ZIM

Analysts have spotlighted three industrial stocks with over 5% dividend yields: ZIM Integrated Shipping Services, Genco Shipping & Trading, and Karat Packaging. ZIM reported strong Q2 results and raised guidance, Genco enhanced its dividend policy, and Karat Packaging reported weaker Q2 results.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 11:43 am

EBF

Ennis, Inc. has declared a quarterly dividend of $0.25 per share and a special one-time dividend of $2.50 per share, indicating strong financial health and potential positive impact on stock price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 10:35 am

GPMT

NUKK

STEM

WHLR

Granite Point Mortgage Trust shares rose in pre-market trading after announcing dividends for common and preferred stocks. Several other stocks, including Nukkleus Inc. and Wheeler Real Estate Investment Trust, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 9:46 am

XOMA

XOMAO

XOMAP

XOMA Royalty Corporation announced cash dividends for its Series A and Series B Cumulative Preferred Stock, with record date on October 3, 2024. Series A holders will receive $0.53906 per share, and Series B holders will receive $0.52344 per depositary share, payable on October 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 9:37 am