Streetbeat News

Dividends

MDU

MDU Resources Group, Inc. (NYSE:MDU) has increased its quarterly dividend from $0.125 to $0.13 per share, representing a 4% increase. The annualized dividend is now $0.52 per share. The company targets a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:23 pm

HRB

H&R Block shares are trading higher after the company reported better-than-expected Q4 financial results. Additionally, the company announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:22 pm

HRB

H&R Block has announced a 17% increase in its quarterly dividend to $0.375 per share and authorized a $1.5 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:10 pm

ANDE

The Andersons, Inc. (NASDAQ:ANDE) has announced a $100 million share repurchase program and a fourth quarter 2024 cash dividend of $0.19 per share, payable on October 22, 2024, to shareholders of record as of October 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:10 pm

MPV

Barings Participation Investors (MPV) has announced an increase in its quarterly dividend from $0.36 to $0.37 per share, marking the eighth consecutive quarterly increase. The dividend will be payable on September 13, 2024, to shareholders of record on August 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:39 pm

MCI

Barings Corporate Investors reported a net investment income of $8.6 million for Q2 2024, up from $8.07 million in Q1. The company also increased its quarterly dividend from $0.39 to $0.40 per share.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:36 pm

HRB

H&R Block, Inc. (NYSE:HRB) is set to release its Q4 earnings report on August 15. Analysts expect earnings of $1.74 per share, down from $2.05 per share a year ago, with revenue remaining flat at $1.03 billion. The company offers an annual dividend yield of 2.25%, translating to $1.28 per share annually. Investors would need to hold approximately 4,688 shares to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 12:41 pm

CMP

DOW

SON

Wall Street's most accurate analysts have spotlighted three high-yielding materials stocks: Compass Minerals International, Dow Inc., and Sonoco Products Company. These stocks offer dividend yields over 4% and have received recent analyst ratings and updates.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 11:50 am

VRTS

Virtus Investment Partners has announced an 18% increase in its quarterly dividend, raising it from $1.90 to $2.25 per share. The dividend will be paid on November 13, 2024, to shareholders of record as of October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:02 am

TPR

Tapestry Inc. announced that it expects to maintain its annual dividend rate of $1.40 per common share for the fiscal year 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:47 am