Streetbeat News

Dividends

PPG

PPG Industries' board has approved a 3-cent increase in its quarterly dividend, raising it from $0.65 to $0.68 per share. The dividend is payable on September 12 to shareholders of record as of August 12.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:01 pm

AXP

American Express (NYSE: AXP) is set to release its Q2 earnings on July 19, with analysts expecting an EPS of $3.25 and revenue of $16.59 billion. Compass Point initiated coverage with a Neutral rating and a $260 price target. The article also discusses how investors can earn $500 monthly from AXP's dividends.

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 12:25 pm

DOW

HUN

SMG

Wall Street's most accurate analysts have spotlighted three high-dividend-yielding materials stocks: Dow Inc. (DOW), Huntsman Corporation (HUN), and The Scotts Miracle-Gro Company (SMG). Analysts have provided updated ratings and price targets for these stocks, highlighting their potential for investors seeking dividend income.

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 12:23 pm

VIRT

Virtu Financial has declared a quarterly cash dividend of $0.24 per share, payable on September 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:07 am

DPZ

Domino's Pizza Inc (NYSE:DPZ) reported worse-than-expected Q2 revenue, leading to a 10.2% drop in its stock price. The company saw a 7.1% sales growth to $1.097 billion, missing the $1.103 billion estimate. Despite a 4.8% increase in U.S. same-store sales and a 2.1% increase internationally, the company suspended its 1,100+ global net store outlook. EPS of $4.03 beat the $3.66 estimate. Domino's declared a $1.51 per share quarterly dividend and repurchased $25 million in shares.

Portfolio Pulse from Shivani Kumaresan

July 18, 2024 | 10:56 am

ABT

Abbott Laboratories (NYSE:ABT) is set to release its Q2 financial results on July 18, with analysts expecting earnings of $1.10 per share and revenue of $10.37 billion. Recent analyst ratings include a mix of Buy, Overweight, and Equal-Weight ratings with price targets ranging from $107 to $140.

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 7:05 am

CBU

Community Financial System, Inc. (NYSE:CBU) announced an increase in its quarterly dividend from $0.45 to $0.46 per share, payable on October 10, 2024. This marks a 2.2% increase and an annualized yield of 3.25%. The company has consistently increased its dividend for 32 years.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:34 pm

RF

Regions Financial Corporation (NYSE:RF) has announced an increase in its quarterly common dividend from $0.24 to $0.25 per share, payable on October 1, 2024. The company also declared dividends on its Series B, C, D, and E preferred shares, payable in August and September 2024.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:33 pm

UNP

Union Pacific Corporation (NYSE:UNP) announced a 3% increase in its quarterly dividend to $1.34 per share, payable on September 30, 2024. This marks the 18th consecutive year of increased annual dividends.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:17 pm

JBSS

John B. Sanfilippo & Son (JBSS) has declared a special cash dividend of $1.25 per share and a regular annual cash dividend of $0.85 per share, totaling a payout of $24.6 million to stockholders. The dividends will be paid on September 11, 2024, to stockholders of record as of August 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:12 pm