Streetbeat News

Dividends

HEI

HEICO Corporation (NYSE:HEI) shares closed slightly higher ahead of its Q2 earnings report. Analysts expect earnings of 81 cents per share and revenue of $951.21 million. The company has a dividend yield of 0.09%, equating to a semi-annual dividend of 10 cents per share. To earn $500 monthly from dividends, an investor would need to own approximately 30,000 shares, worth around $6.52 million.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 12:29 pm

CLWT

Euro Tech Holdings has declared a special dividend of $0.08 per share, payable on June 27.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:13 pm

BCML

BayCom has approved a buyback of up to 560,000 shares of its stock and declared a quarterly dividend of $0.10 per share.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 8:32 pm

ADM

COPX

NDAQ

Joshua Brown of Ritholtz Wealth Management named Nasdaq, Inc. (NDAQ) as his final trade on CNBC's 'Halftime Report Final Trades.' Nasdaq reported worse-than-expected Q1 EPS but increased its quarterly dividend by 9%. Stephen Weiss of Short Hills Capital Partners named Archer-Daniels-Midland Company (ADM) as his final trade. ADM posted better-than-expected Q1 EPS but missed revenue estimates. Liz Young of SoFi picked Global X Copper Miners ETF (COPX).

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 1:05 pm

TGT

Target Corp (NYSE:TGT) reported weaker-than-expected Q1 earnings, with a 3.1% sales decline and adjusted EPS missing estimates. Several analysts lowered their price targets. Despite this, Target's dividend yield of 3.05% remains attractive for income-focused investors.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 1:00 pm

GAIN

HTBK

VLY

Wall Street's most accurate analysts have provided their views on three high-dividend-yielding financial stocks: Valley National Bancorp (VLY), Heritage Commerce Corp (HTBK), and Gladstone Investment Corporation (GAIN). Despite their high yields, recent quarterly results for all three companies were weaker than expected, leading to mixed analyst ratings and price target adjustments.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 12:22 pm

LYB

LyondellBasell has announced a 7% increase in its quarterly dividend, raising it from $1.25 to $1.34 per share. The dividend will be paid on June 10, 2024, with an ex-dividend and record date of June 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:32 am

NVDA

NVIDIA Corp (NASDAQ:NVDA) reported better-than-expected Q1 2025 earnings, leading to a significant surge in its stock price. The company's revenue tripled for the third consecutive quarter, driven by high demand in the data center segment. NVIDIA also announced a 10-for-1 stock split and increased its quarterly dividend. The stock closed 9.32% higher at $1,037.99. Social media reactions were overwhelmingly positive, with discussions on platforms like Reddit and Twitter highlighting the company's strong performance and future prospects.

Portfolio Pulse from Surbhi Jain

May 23, 2024 | 8:24 pm

MNRO

Monro, Inc. (NASDAQ:MNRO) shares are trading lower after the company reported Q4 earnings that missed analyst expectations. The company posted adjusted EPS of 21 cents, below the consensus of 30 cents, and revenues of $310.08 million, missing the expected $320.239 million. Monro also announced a cash dividend of $0.28 per share for Q1 FY2025.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2024 | 3:40 pm

MDT

Medtronic Plc (NYSE:MDT) reported strong Q4 2024 earnings, with sales of $8.59 billion beating consensus estimates. The company saw broad-based organic revenue growth across all segments and increased its quarterly dividend. Despite positive results, MDT shares are down 2.64%.

Portfolio Pulse from Vandana Singh

May 23, 2024 | 3:14 pm