Streetbeat News

Dividends

NNLRF

Nova Net Lease, a Canadian cannabis-focused REIT, reported a slight increase in revenue for Q2 2024. The company achieved a net income of $1.81 million, reversing a loss from the previous year. Despite a working capital deficit, the REIT has implemented a cash retention plan, including suspending distributions and reducing executive compensation, to manage its finances.

Portfolio Pulse from Nina Zdinjak

August 26, 2024 | 2:45 pm

CPA

DLX

GNK

The article highlights three industrial stocks with high dividend yields: Genco Shipping & Trading Limited (GNK), Copa Holdings, S.A. (CPA), and Deluxe Corporation (DLX). Analysts have provided ratings and price targets for these stocks, with recent earnings reports influencing their outlook.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:54 pm

JWN

Nordstrom, Inc. (NYSE:JWN) is set to release its Q2 earnings report, with analysts expecting a decrease in earnings per share compared to last year. The company has declared a quarterly dividend of 19 cents per share, offering a 3.50% annual yield. Investors can earn $500 monthly from dividends with a significant investment. Nordstrom's stock recently gained 2.7%.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 12:28 pm

AULT

SST

TXMD

Executives from System1, TherapeuticsMD, and Ault Alliance have recently purchased shares in their respective companies, indicating potential confidence in their prospects. System1 reported positive earnings, TherapeuticsMD posted a loss, and Ault Alliance declared a dividend.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 11:36 am

NSSC

NAPCO Security Technologies has announced a 25% increase in its quarterly dividend to $0.125 per share, reflecting strong financial health. The dividend will be paid on October 3, 2024, to shareholders of record on September 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 11:08 am

PVH

PVH Corp. is expected to report higher Q2 earnings, with analysts projecting $2.29 per share, up from $1.98 last year, and revenue of $2.07 billion. The company declared a quarterly dividend and has received positive analyst ratings, with price targets ranging from $119 to $154.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 9:59 am

EGP

EastGroup Properties has announced a 10.2% increase in its quarterly dividend, raising it from $1.27 to $1.40 per share, payable on October 15, 2024. This marks the 179th consecutive dividend and the 13th consecutive year of increases.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 6:31 pm

HEI

HEICO Corporation (NYSE:HEI) is set to release its Q3 earnings, with analysts expecting an EPS of 92 cents, up from 74 cents last year, and revenue of $995.67 million. The company recently increased its dividend and has received various analyst ratings, with price targets ranging from $225 to $250.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 2:31 pm

UI

Ubiquiti Inc. (NYSE:UI) shares are down premarket after reporting Q4 results. Revenue grew 3.3% Y/Y to $507.5M, missing expectations. Gross margin fell due to higher shipping and inventory costs. Adjusted EPS beat estimates. A $0.60 dividend was declared.

Portfolio Pulse from Lekha Gupta

August 23, 2024 | 12:46 pm

PVH

PVH Corp., owner of brands like Calvin Klein and Tommy Hilfiger, is set to release its Q2 earnings. Analysts expect earnings of $2.29 per share, up from $1.98 last year, with projected revenue of $2.07 billion. PVH's dividend yield is 0.15%, requiring significant investment to earn substantial monthly income. Bank of America maintained a Buy rating but lowered the price target from $144 to $133.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:22 pm