Streetbeat News

Dividends

AVT

Avnet, Inc. (NASDAQ:AVT) has expanded its share repurchase authorization to $600 million and increased its quarterly dividend by 6% to $0.33 per share. The dividend will be paid on September 25, 2024, to shareholders of record as of September 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:03 pm

AVA

AY

UGI

Wall Street's most accurate analysts have provided their latest ratings on three high-dividend-yielding utilities stocks: Atlantica Sustainable Infrastructure plc (NASDAQ:AY), UGI Corporation (NYSE:UGI), and Avista Corporation (NYSE:AVA). These stocks have been recently analyzed by top analysts, with mixed ratings and updated price targets. Recent earnings reports for all three companies have shown positive results.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 11:11 am

EDU

New Oriental Education & Technology Group Inc. (NYSE:EDU) announced a special cash dividend of $0.6 per ADS, payable to shareholders of record as of September 9, 2024. The total dividend payout will be approximately $100 million.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:19 am

ABIO

EL

FN

PANW

ZIM

U.S. stock futures are trading lower this Monday morning. Key stocks to watch include Estée Lauder (EL), ZIM Integrated Shipping (ZIM), ARCA Biopharma (ABIO), Fabrinet (FN), and Palo Alto Networks (PANW). Estée Lauder and ZIM Integrated Shipping are set to release earnings before the market opens, while Fabrinet and Palo Alto Networks will report after the closing bell. ARCA Biopharma announced a special dividend.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 7:47 am

ABIO

ARCA Biopharma shares are trading higher after the company announced a special dividend of $1.59 per share.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:37 pm

CBOE

Cboe Global Markets has announced a $500 million increase in its share repurchase authorization and a 15% increase in its quarterly cash dividend to $0.63 per share. This marks the 14th consecutive year of dividend increases.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:32 pm

ABIO

ARCA Biopharma has declared a special dividend of $1.59 per share, contingent upon stockholder approval of a proposed merger with Oruka.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:17 pm

HRB

H&R Block, Inc. (NYSE:HRB) shares are surging due to better-than-expected Q4 financial results, strong guidance, a new $1.5 billion share repurchase program, and a 17% increase in the quarterly dividend.

Portfolio Pulse from Vaishali Prayag

August 16, 2024 | 7:13 pm

MGEE

MGE Energy's Board of Directors has increased the quarterly dividend rate by 5.3% to $0.45 per share, raising the annualized rate to $1.80 per share. The dividend is payable on September 15, 2024, to shareholders of record on September 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 4:23 pm

TPR

Tapestry (NYSE:TPR) reported better-than-expected Q4 results, with adjusted EPS of 92 cents and sales of $1.59 billion. Despite this, analysts have lowered their price targets. The company expects FY25 revenue of $6.7 billion and EPS between $4.45 and $4.50. Tapestry will maintain its annual dividend rate of $1.40 per share.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 1:38 pm