Streetbeat News

Dividends

FLNC

Fluence Energy did not increase its quarterly dividend, contrary to previous reports.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:44 pm

BAC

Bank of America has announced an increase in its quarterly dividend from $0.24 to $0.26 per share and declared a new $25 billion stock repurchase program effective August 1, 2024, replacing the current program with $6.7 billion remaining.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:43 pm

FLNC

Fluence Energy has announced an increase in its quarterly dividend from $0.35 to $0.36 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:42 pm

PAG

Penske Automotive Group (NYSE:PAG) has announced an 11% increase in its quarterly dividend, raising it from $0.96 to $1.07 per share. This marks the third dividend increase in 2024 and the 15th consecutive quarterly increase.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:31 pm

RSG

Republic Services (RSG) has announced an increase in its quarterly dividend from $0.535 to $0.580.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:20 pm

JOE

St. Joe reported Q2 2024 total revenue of $111.6 million and announced a 17% increase in its dividend from $0.12 per share to $0.14 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:17 pm

SSB

SouthState Corporation has announced an increase in its quarterly dividend from $0.52 per share to $0.54 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:14 pm

RCI

Rogers Communication (NYSE:RCI) reported mixed Q2 results with revenues missing expectations but showing growth in adjusted EBITDA and subscriber additions. The company reaffirmed its 2024 outlook and declared a dividend.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2024 | 4:13 pm

HOMB

Home BancShares, Inc. (NYSE:HOMB) announced an 8.3% increase in its quarterly cash dividend, raising it from $0.18 to $0.195 per share. The dividend is payable on September 4, 2024, to shareholders of record on August 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 3:32 pm

EFRA

SSPX

WAB

Wabtec (NYSE:WAB) reported strong Q2 FY24 results with a 9.8% Y/Y sales growth to $2.644 billion, slightly beating consensus. Despite a 1.6% Y/Y decline in backlog, the company raised its EPS outlook and reiterated its sales guidance. Wabtec shares are down 4.46% following the report.

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 3:27 pm