Streetbeat News

Dividends

HRB

H&R Block shares are trading higher following the release of better-than-expected Q4 financial results and FY25 guidance above estimates. The company also announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:34 am

AMAT

CINT

FLO

HRB

MSGE

Several stocks are poised to capture investor attention today. Madison Square Garden Entertainment Corp. (MSGE) is expected to report a quarterly loss, while Applied Materials, Inc. (AMAT) reported better-than-expected Q3 results but provided a mixed Q4 outlook. CI&T Inc. (CINT) and H&R Block, Inc. (HRB) both reported strong earnings, with HRB also increasing its dividend. Flowers Foods, Inc. (FLO) is expected to post quarterly earnings before the market opens.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:38 am

WGO

Winnebago Industries has announced a 10% increase in its quarterly cash dividend, raising it from $0.31 to $0.34 per share. The dividend is payable on September 25, 2024, to stockholders of record as of September 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:32 pm

HRB

H&R Block Inc (NYSE:HRB) reported strong Q4 earnings, beating revenue and EPS estimates. The company announced a $1.5 billion share buyback program and increased its quarterly dividend by 17%. H&R Block provided strong guidance for FY25, expecting revenue and adjusted earnings to exceed estimates. The stock rose 9.24% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 15, 2024 | 9:12 pm

UCB

United Community Banks, Inc. (NYSE:UCB) announced a 4% increase in its quarterly dividend to $0.24 per share and expanded its share repurchase program to $100 million, extending the authorization to December 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:36 pm

MUSA

Murphy USA has announced an increase in its quarterly dividend to $0.45 per share, representing a 2.3% increase from the previous dividend.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:34 pm

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