Streetbeat News

Dividends

ACN

Accenture (NYSE: ACN) reported Q3 fiscal 2024 sales of $16.47 billion, slightly below analyst expectations but within the company's guidance range. Adjusted EPS missed estimates, but new bookings were strong at $21.06 billion. The company highlighted $2 billion in Generative AI sales and announced a quarterly dividend. Shares are up 8.99% premarket.

Portfolio Pulse from Anusuya Lahiri

June 20, 2024 | 12:30 pm

AVA

AY

UGI

Wall Street's most accurate analysts recommend holding three high-yielding utilities stocks: Atlantica Sustainable Infrastructure (AY), UGI Corporation (UGI), and Avista Corporation (AVA). These stocks offer dividend yields over 5% and have received mixed ratings from analysts.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 12:27 pm

DRI

Darden Restaurants shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results and increased its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 12:01 pm

DRI

Darden Restaurants has announced a 6.9% increase in its quarterly cash dividend to $1.40 per share, payable on August 1, 2024, to shareholders of record as of July 10, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:10 am

ACN

Accenture Plc has updated its fiscal year 2024 outlook, expecting revenue growth of 1.5%-2.5% in local currency and adjusted EPS of $11.85-$12.00. The company anticipates a negative 0.7% foreign-exchange impact and maintains its GAAP operating margin forecast at 14.8%. Accenture plans to return at least $7.7 billion to shareholders through dividends and share repurchases.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:46 am

GNL

Global Net Lease, Inc. (NYSE:GNL) announced quarterly dividends on its preferred stock, including Series A, B, D, and E, payable on July 15, 2024, to holders of record on July 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:17 am

FUN

SIX

Cedar Fair and Six Flags shares are trading higher following the announcement of their merger, expected to close on July 1. Six Flags also declared a special dividend of $1.53 per share.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 2:42 pm

LNG

Cheniere Energy shares are trading higher after the company's Board approved a $4 billion increase to its repurchase program and plans to increase the Q3 dividend by 15% to $2 per share.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:44 pm

BAM

Brookfield Asset Management Ltd. (NYSE:BAM) held its Annual Meeting of Shareholders on June 7, 2024. Key highlights include strong financial performance, significant capital raising and deployment, and strategic growth plans. All proposed resolutions were passed, and a 19% dividend increase was announced.

Portfolio Pulse from Tornado

June 18, 2024 | 1:30 pm

BDN

OUT

SVC

Wall Street's most accurate analysts have provided their ratings on three high-yielding real estate stocks: Brandywine Realty Trust (BDN), Service Properties Trust (SVC), and OUTFRONT Media Inc. (OUT). These stocks offer dividend yields over 8%, making them attractive to investors seeking income during market turbulence.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 1:15 pm