Streetbeat News

Dividends

BSRR

Sierra Bancorp (NASDAQ:BSRR) announced an increase in its quarterly cash dividend from $0.23 to $0.24 per share, marking a 4% rise. The dividend will be paid on August 15, 2024, to shareholders of record as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:04 pm

CAAS

China Automotive Systems shares are trading higher after the company declared a $0.80 special cash dividend.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 11:51 am

JHX

SHW

SXC

As of July 19, 2024, three materials sector stocks—Sherwin-Williams Co (SHW), SunCoke Energy Inc (SXC), and James Hardie Industries plc (JHX)—are considered overbought based on their RSI values. Investors should be cautious as these stocks may face downward pressure in the short term.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 11:51 am

BDN

EPR

OHI

Wall Street's most accurate analysts have provided their latest ratings on three high-dividend-yielding real estate stocks: Brandywine Realty Trust (BDN), EPR Properties (EPR), and Omega Healthcare Investors, Inc. (OHI). These stocks are known for their high free cash flows and substantial dividend payouts. Analysts have given mixed ratings and adjusted price targets for these stocks, reflecting their current market conditions and future outlooks.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 11:50 am

CAAS

China Automotive Systems (CAAS) has declared a special cash dividend of $0.80 per common share, payable on or about August 22.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 11:24 am

AXP

American Express (NYSE: AXP) is expected to report higher Q2 earnings, with analysts forecasting $3.25 per share and $16.59 billion in revenue. Recent analyst ratings include Neutral and Overweight, with price targets ranging from $250 to $285. The company declared a quarterly dividend on its preferred shares.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 4:28 am

ALGT

EADSY

Allegiant Travel Company (NASDAQ:ALGT) shares dropped significantly after announcing the suspension of its dividend due to capital requirements for fleet investments. Gregory C. Anderson will become the new CEO on Sept. 1, succeeding Maurice J. Gallagher.

Portfolio Pulse from Hayden Buckfire

July 18, 2024 | 7:35 pm

ALGT

Allegiant shares are trading lower after the company suspended its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:35 pm

ALGT

Allegiant Travel Company has suspended its quarterly cash dividend effective immediately to meet capital requirements for fleet investments.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:15 pm

VIRT

Virtu Financial, Inc. (NASDAQ:VIRT) shares surged 18.6% after the company reported better-than-expected Q2 financial results. The company posted adjusted EPS of 83 cents, beating the expected 60 cents, and adjusted net trading income of $385.08 million, surpassing the $331.57 million consensus. Total revenues increased by 36.7% to $693.0 million. Virtu also declared a quarterly cash dividend of $0.24 per share.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2024 | 3:31 pm