Streetbeat News

Dividends

CBRL

Cracker Barrel has announced a reduction in its quarterly dividend to $0.25 per share, down from the previously estimated $1.30 per share.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:08 pm

MPV

Barings Participation Investors has increased its quarterly dividend from $0.35 to $0.36 per share.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 7:07 pm

MCI

Barings Corporate Investors has announced an increase in its quarterly dividend from $0.38 to $0.39 per share.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 7:07 pm

BG

Bunge has announced an increase in its quarterly dividend from $0.6625 to $0.68, effective from May 16.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 6:31 pm

EG

Everest Group shares are trading higher following the company's announcement of an increase in its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 6:24 pm

KLIC

Kulicke and Soffa Industries (KLIC) has announced a quarterly dividend of $0.20 per share, payable on July 9, 2024, to shareholders of record as of June 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 1:08 pm

ECF

Ellsworth Growth and Income Fund (ECF) has declared a $0.13 per share cash distribution payable on June 21, 2024, to common shareholders of record on June 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 12:58 pm

AMAT

Applied Materials, Inc. (NASDAQ:AMAT) is set to release its Q2 earnings report, with analysts expecting earnings of $1.99 per share and revenue of $6.54 billion. Jefferies analyst Blayne Curtis downgraded the stock from Buy to Hold and reduced the price target from $215 to $210. The company's dividend yield is currently 0.74%, translating to a quarterly dividend of 40 cents per share. Shares of Applied Materials rose 3.7% to close at $217.49 on Wednesday.

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 12:22 pm

CUBE

EQR

STAG

Wall Street's most accurate analysts recommend holding three high-dividend-yielding real estate stocks: Equity Residential (EQR), STAG Industrial (STAG), and CubeSmart (CUBE). Despite recent downgrades and neutral ratings, these stocks have posted better-than-expected quarterly results.

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 11:56 am

WMS

Advanced Drainage Systems (WMS) has announced a 14% increase in its quarterly cash dividend to $0.16 per share. The dividend will be paid on June 14, 2024, to shareholders of record as of May 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 10:44 am