Streetbeat News

Dividends

SYT

SYLA Technologies Co., Ltd. (NASDAQ:SYT) announced an interim dividend of approximately $0.68 per share, with a record date for ADR holders of June 30, 2024. This decision was made during the Board of Directors meeting on August 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:20 pm

CCOI

IPG

VZ

The article highlights three high-dividend yielding stocks in the tech and telecom sectors: Interpublic Group (IPG), Verizon (VZ), and Cogent Communications (CCOI). Analysts have provided mixed ratings and price targets for these stocks, reflecting recent earnings and business developments.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:20 pm

DDOG

KKR

NEP

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He praised KKR & Co. Inc. for its management and recent acquisition of logistics properties. Datadog reported strong financial results but Cramer remains cautious. NextEra Energy Partners also posted strong earnings but Cramer is wary of its dividend.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:14 pm

LZB

La-Z-Boy Incorporated (NYSE:LZB) is set to release its Q1 earnings, with expectations of a slight decrease in EPS compared to last year. The company offers a dividend yield of 1.86%, translating to a quarterly dividend of 20 cents per share. Investors would need to own 7,500 shares to earn $500 monthly from dividends. The stock recently closed at $42.91, up 2.3%.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:06 pm

SSL

Sasol Ltd reported a significant decline in its 2024 financial performance, with EBIT dropping over 100% year-over-year and EPS declining by 66%. The company also reduced its interim and final dividends.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:40 am

ABIO

ARCA Biopharma Inc (NASDAQ:ABIO) shares rose by 12.5% following the announcement of a special dividend of $1.59 per share related to its merger with Oruka Therapeutics. The dividend is contingent on shareholder approval of the merger, with key dates set for August 22 and August 29.

Portfolio Pulse from Henry Khederian

August 19, 2024 | 2:28 pm

ABIO

ARCA Biopharma shares rose following the announcement of a special dividend of $1.59 per share.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 1:59 pm

VIDI

ZIM

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) shares surged after reporting a 48% increase in Q2 sales to $1.93 billion, beating expectations. The company also reported a significant rise in adjusted EBITDA and EPS, and declared a dividend. ZIM raised its 2024 outlook, expecting better results in the second half of the year.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 12:57 pm

EL

KLXY

MGRO

Estee Lauder's Q4 results show a 7% sales growth, but weak China sales impact the outlook. CEO Fabrizio Freda will retire at the end of FY25. The company expects a challenging FY25 with lower EPS and sales growth forecasts. Investors can gain exposure through ETFs like KLXY and MGRO.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 12:40 pm

LOW

Lowe's Companies, Inc. (NYSE:LOW) is set to release its Q2 earnings report on Aug. 20, with expected earnings of $3.97 per share, down from $4.56 last year. The company projects quarterly revenue of $23.91 billion. Lowe's offers a 1.91% annual dividend yield, translating to $1.15 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $314,460 is needed. Analyst Joseph Feldman maintains a Market Perform rating with a $230 price target.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 12:24 pm