Streetbeat News

Dividends

FTXO

IAT

USB

U.S. Bancorp has announced a new $5 billion share repurchase program and a 2% increase in its quarterly dividend to 50 cents per share. The buyback will start in early 2025, and the dividend will be paid on October 15. USB shares are trading higher in premarket.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 12:38 pm

SIG

Signet Jewelers reported a mixed Q2 2025 earnings with a sales decline but an EPS beat. The company is net debt positive and has a strong Q3 outlook, leading to a 12.7% premarket stock increase.

Portfolio Pulse from Anusuya Lahiri

September 12, 2024 | 12:34 pm

JNJ

Johnson & Johnson (JNJ) announced results from a Phase 2 study on Rybrevant for lung cancer and recently agreed to acquire V-Wave for $600 million. The company offers a 3.01% annual dividend yield, translating to $1.24 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $199,432 is needed. JNJ shares fell 1.5% to $164.82.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 12:33 pm

DOYU

DouYu International Holdings Limited (NASDAQ: DOYU) reported a significant revenue decline of 25.9% in Q2, missing analyst estimates. Livestreaming revenues fell by 37.2%, while innovative business revenues rose by 80.7%. The company declared a special cash dividend and saw a decrease in mobile MAUs and paying users.

Portfolio Pulse from Anusuya Lahiri

September 12, 2024 | 12:28 pm

PM

Philip Morris has announced a 3.8% increase in its regular quarterly dividend, raising it to $1.35 per share, or an annualized rate of $5.40. The dividend is payable on October 10, with a record date of September 26.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:20 am

CLPR

DEA

PK

The article highlights three real estate stocks with over 7% dividend yields: Easterly Government Properties, Clipper Realty, and Park Hotels & Resorts. Analysts have mixed ratings on these stocks, with recent acquisitions and earnings reports influencing their outlooks.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 11:18 am

USB

U.S. Bancorp has announced an increase in its regular quarterly dividend to $0.50 per share, marking a 2% rise from the previous quarter. The dividend is payable on October 15, with a record date of September 30.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 10:04 am

WRB

W. R. Berkley Corporation (NYSE:WRB) has announced a special cash dividend of $0.25 per share and a regular quarterly dividend of $0.08 per share, both to be paid on September 30, 2024. These dividends reflect a recent 3-for-2 stock split.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 8:31 pm

RWT

Redwood Trust has announced a 6.25% increase in its common stock dividend, raising it from $0.16 to $0.17 per share. The dividend for the third quarter of 2024 will be payable on September 30, 2024, to stockholders of record on September 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 8:17 pm

TEN

Tsakos Energy Navigation (TEN) shares rose following the release of strong Q2 financial results. The company also declared a semi-annual dividend of $0.90 per share and an annual dividend of $1.50 for 2024.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 5:15 pm