Streetbeat News

Dividends

SWK

Stanley Black & Decker shares are trading higher after the company announced it raised its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:16 pm

PFIS

Peoples Financial Services Corp. (NASDAQ: PFIS) has increased its quarterly dividend by 50.6% to $0.6175 per share, payable on September 13, 2024. This increase follows the completion of its merger with FNCB Bancorp, Inc.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:52 pm

CAMX

E

Eni S.p.A. (NYSE:E) reported a decline in Q2 FY24 profit but exceeded expectations, leading to a rise in shares. The company saw a 6% increase in hydrocarbon production and significant efficiency gains. Eni also announced a new biorefinery project and provided an optimistic outlook for the year, including a dividend increase and a buyback plan.

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 2:33 pm

BSVN

Bank7 has announced a 14.2% increase in its quarterly cash dividend from $0.21 to $0.24 per share. This marks the fifth consecutive annual increase. The dividend is payable on October 9 to shareholders of record on September 26.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 1:02 pm

MCD

McDonald's Corporation (NYSE:MCD) declared a quarterly cash dividend of $1.67 per share, payable on Sept. 17. The company offers an annual dividend yield of 2.66%. To earn $500 monthly from dividends, an investment of approximately $225,811 is needed. McDonald's shares fell 0.8% to $251.46. The company will release its Q2 financial results on July 29, with expected earnings of $3.07 per share and revenue of $6.61 billion.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 12:46 pm

MMM

3M Company (NYSE:MMM) reported better-than-expected Q2 2024 results, leading to a 6.82% increase in its stock price. The company raised its annual outlook, with adjusted EPS now expected to be between $7.00 and $7.30. Despite a slight decline in net sales, 3M saw growth in adjusted net sales and organic sales, along with improved operating margins.

Portfolio Pulse from Akanksha Bakshi

July 26, 2024 | 12:34 pm

CMA

NEWT

VLY

Wall Street's most accurate analysts have provided their latest ratings on three high-yielding financial stocks: NewtekOne, Inc. (NEWT), Comerica Incorporated (CMA), and Valley National Bancorp (VLY). These stocks offer dividend yields over 5%, making them attractive during market turbulence. Analysts have adjusted their ratings and price targets for these stocks, reflecting recent performance and market conditions.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 11:46 am

BAH

Booz Allen Hamilton has declared a regular quarterly dividend of $0.51 per share, payable on August 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:51 am

CHCT

Community Healthcare Trust (CHCT) has increased its second-quarter dividend to $0.4625 per share, up from $0.46 in the prior quarter. The dividend is payable on August 23, 2024, to shareholders of record on August 9, 2024. This marks a continued trend of quarterly dividend increases since the company's IPO.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 6:10 am

SWK

Stanley Black & Decker (NYSE: SWK) announced a $0.01 increase in its quarterly cash dividend to $0.82 per share, payable on September 17, 2024, to shareholders of record as of September 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:11 pm