Streetbeat News

Dividends

Goldman Sachs has announced an increase in its quarterly dividend from $2.75 to $3.00 per common share.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 11:27 am

BLK

FDFF

SCHD

BlackRock, Inc. (NYSE:BLK) reported its Q2 FY24 earnings with an 8% Y/Y revenue growth to $4.805 billion, missing the consensus of $4.849 billion. The company saw record inflows, driven by private markets and ETFs, and reported a 12% Y/Y increase in adjusted EPS to $10.36, beating the consensus of $9.93. BlackRock's total AUM rose to $10.6 trillion. The company also announced acquisitions of Global Infrastructure Partners and Preqin.

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 11:03 am

AER

AerCap Holdings N.V. (NYSE:AER) announced significant business transactions in Q2 2024, including 162 lease agreements, 47 purchases, 37 sales, $3.6 billion in financing, share repurchases worth $345 million, and a quarterly dividend of $0.25 per share.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 11:03 am

FBIO

GBX

NWGL

SAH

UNCY

Key stocks to watch on Monday include Greenbrier Companies, Nature Wood Group, Fortress Biotech, Sonic Automotive, and Unicycive Therapeutics. Greenbrier is expected to report earnings, Nature Wood Group announced a CEO change, Fortress Biotech paused dividend payments, Sonic Automotive disclosed a cybersecurity incident, and Unicycive Therapeutics filed for the resale of shares.

Portfolio Pulse from Avi Kapoor

July 08, 2024 | 7:10 am

FBIO

Fortress Biotech shares are trading lower after the company announced a pause in the payment of dividends on its 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:11 pm

FBIO

Fortress Biotech (NASDAQ: FBIO) has announced a pause in the payment of dividends on its 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock, deferring approximately $700K in cash dividend payments each month. The company aims to maintain financial flexibility ahead of potential significant inflection points.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:06 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Paul Pelosi recently bought 10,000 shares of NVIDIA, valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161%. Despite the buzz, NVIDIA offers a modest annual dividend yield of 0.03%. To earn $500 monthly from dividends, an investor would need approximately $19,242,000 invested in NVIDIA shares.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

DOYU

DouYu International Holdings Ltd (NASDAQ:DOYU) shares fell by 4.1% to $17.21 after the company announced a special cash dividend of $300 million, payable on August 30, 2024. Despite the dividend, Wall Street analysts remain neutral on the stock, with Citigroup's Brian Gong predicting an 8.33% fall in the coming year. The stock has risen 118% in the past three months, despite a 33.32% drop in revenue over the past year.

Portfolio Pulse from Henry Khederian

July 05, 2024 | 3:02 pm

AFCG

IIPR

NLCP

REFI

SHFS

SSIC

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is outperforming its peers in the cannabis capital providers and mortgage REIT sectors due to its premium valuation, high dividend yield, and robust growth track record. REFI trades at a 3% premium to its book value and offers a 12.2% dividend yield, supported by a solid dividend coverage ratio and special cash dividends. Despite an increase in leverage, REFI maintains a conservative risk profile and a strong growth track record, making it an attractive investment.

Portfolio Pulse from Nicolás Jose Rodriguez

July 05, 2024 | 3:02 pm

CPT

EQR

STAG

Wall Street's most accurate analysts have spotlighted three high-dividend-yielding real estate stocks: Camden Property Trust (CPT), Equity Residential (EQR), and STAG Industrial, Inc. (STAG). Analysts have provided updated ratings and price targets for these stocks, which are known for their high free cash flows and substantial dividend payouts.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm