Streetbeat News

Dividends

MMM

3M Company (NYSE:MMM) reported better-than-expected Q2 2024 results, leading to a 6.82% increase in its stock price. The company raised its annual outlook, with adjusted EPS now expected to be between $7.00 and $7.30. Despite a slight decline in net sales, 3M saw growth in adjusted net sales and organic sales, along with improved operating margins.

Portfolio Pulse from Akanksha Bakshi

July 26, 2024 | 12:34 pm

CMA

NEWT

VLY

Wall Street's most accurate analysts have provided their latest ratings on three high-yielding financial stocks: NewtekOne, Inc. (NEWT), Comerica Incorporated (CMA), and Valley National Bancorp (VLY). These stocks offer dividend yields over 5%, making them attractive during market turbulence. Analysts have adjusted their ratings and price targets for these stocks, reflecting recent performance and market conditions.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 11:46 am

BAH

Booz Allen Hamilton has declared a regular quarterly dividend of $0.51 per share, payable on August 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:51 am

CHCT

Community Healthcare Trust (CHCT) has increased its second-quarter dividend to $0.4625 per share, up from $0.46 in the prior quarter. The dividend is payable on August 23, 2024, to shareholders of record on August 9, 2024. This marks a continued trend of quarterly dividend increases since the company's IPO.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 6:10 am

SWK

Stanley Black & Decker (NYSE: SWK) announced a $0.01 increase in its quarterly cash dividend to $0.82 per share, payable on September 17, 2024, to shareholders of record as of September 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:11 pm

ET

Energy Transfer has announced an increase in its quarterly cash distribution to $0.32 per unit for Q2 2024, representing a 3.2% increase from the previous year. The distribution is payable on August 19 to unitholders of record on August 9.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:29 pm

VOYA

Voya Financial has announced a 12.5% increase in its dividend from $0.40 to $0.45 per share for Q3 2024. The dividend is payable on September 26 to shareholders of record as of August 27.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:26 pm

PFG

Principal Financial Group (PFG) has announced an increase in its quarterly dividend from $0.71 to $0.72 per share.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:17 pm

MTG

MGIC Investment Corporation (NYSE:MTG) announced a 13% increase in its quarterly dividend, raising it from $0.115 to $0.13 per share. The dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 5:10 pm

AAUKF

Anglo American plc (OTC:AAUKF) announced a $1.6 billion writedown on its Woodsmith fertilizer project, leading to a $672 million loss for the first half of the year. The company is undergoing a comprehensive restructuring plan, focusing on divesting non-core units and concentrating on copper, iron ore, and crop nutrients. Despite setbacks, CEO Duncan Wanblad remains optimistic about the company's core divisions.

Portfolio Pulse from Stjepan Kalinic

July 25, 2024 | 5:09 pm