Streetbeat News

Dividends

CAVA

ROST

CAVA Group Inc and Ross Stores Inc are identified as overbought stocks in the consumer discretionary sector, with RSI values above 70. CAVA's stock has risen 28% in the past month, while Ross Stores declared a quarterly dividend.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 12:58 pm

ROST

Ross Stores, Inc. (NASDAQ:ROST) is set to release its Q2 earnings, with expectations of $1.5 EPS and $5.25 billion in revenue. The company declared a quarterly dividend of 36.75 cents per share. Investors need 4,082 shares to earn $500 monthly from dividends. ROST shares rose 4.2% to $153.95.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 12:46 pm

CAG

PM

WBA

The article highlights three defensive stocks with high dividend yields: Walgreens Boots Alliance, Conagra Brands, and Philip Morris International. Analysts have provided ratings and price targets for these stocks, with recent news impacting their outlook.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 12:12 pm

LU

Lufax Holding shares declined following disappointing Q2 sales results and the announcement of no semi-annual dividend payment.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:43 am

AAP

CG

Advance Auto Parts (AAP) reported disappointing Q2 earnings, missing EPS expectations and lowering its FY24 outlook. The company announced the sale of its Worldpac business to The Carlyle Group (CG) for $1.5 billion. AAP shares fell 11.2% in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

August 22, 2024 | 11:42 am

DAO

NTES

NetEase reported Q2 2024 revenue of $3.51 billion, missing estimates, but gaming segment performed well. Adjusted EPADS beat expectations. NTES shares fell 4.91% premarket.

Portfolio Pulse from Anusuya Lahiri

August 22, 2024 | 10:23 am

BWLP

BW LPG reported a slight decrease in Q2 EPS to $0.58 from $0.59 YoY, but profit after tax increased to $84.9M from $78.2M YoY. The company declared a Q2 2024 cash dividend of $0.58 per share and announced the acquisition of 12 VLGCs from Avance Gas for $1,050 million. BW LPG also completed its redomiciliation to Singapore and noted increased trading volume due to its US listing.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 6:17 am

LU

Lufax has announced that it will not pay a semi-annual dividend due to a net loss recorded in the first half of the year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 10:06 pm

FCAP

First Capital has announced a 7.4% increase in its quarterly dividend, raising it from $0.27 to $0.29 per share. The dividend will be paid on September 27, 2024, to shareholders of record as of September 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:46 pm

GHSI

Guardion Health Sciences shares rose after the company declared a $5 per share dividend.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:22 pm