Streetbeat News

Dividends

FMC

FMC Corporation (NYSE:FMC) is set to release its Q1 earnings after the close on May 6, with expected earnings of 33 cents per share, down from $1.77 a year ago, and projected revenue of $1.01 billion, down from $1.34 billion. The company declared a quarterly dividend of 58 cents per share, maintaining a dividend yield of 3.75%. To earn a monthly dividend income of $500, an investor would need approximately 2,586 shares, equating to $159,944 worth of FMC stock. The article also explains how dividend yield changes with stock price and dividend payment adjustments. FMC shares rose 2.2% to close at $61.85 recently.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 12:32 pm

SBOW

SilverBow Resources has urged shareholders to vote for its director nominees, highlighting its strong Q1 financial results, debt reduction, and value from acquisitions. The company criticizes Kimmeridge Energy's attempt to merge with SilverBow, calling it dilutive and value-destructive. SilverBow boasts a 484% shareholder return since 2021, outperforming the XOP index. It also details the experience of its board members and the lack of experience among Kimmeridge's nominees.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:19 pm

AESI

Atlas Energy Solutions announced an increase in its quarterly dividend from $0.21 to $0.22, signaling confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:03 pm

DRI

TPR

Wall Street's most accurate analysts have provided updates on three high-dividend yielding consumer stocks: Darden Restaurants, Inc. (DRI), Tapestry, Inc. (TPR), and Macy's, Inc. (M). These updates include ratings and price target adjustments, reflecting the analysts' views on the stocks' future performance. DRI reported mixed Q3 results, TPR is set to discuss its fiscal 2024 Q3 results, and Macy's announced new board members.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 11:58 am

AAPL

OMI

TSN

WMB

U.S. stocks rose with the Dow gaining 450 points after jobs data release. Apple shares surged 6% post Q2 results and a $110-billion buyback program. Owens & Minor shares fell over 25% following Q1 results. Sectors like communication services, materials, and IT led gains, while energy stocks fell. The Fear & Greed Index indicated slight improvement in market sentiment but remained in the 'Fear' zone. Upcoming earnings from Goodyear Tire, Williams Companies, and Tyson Foods are anticipated.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 3:22 am

MAN

ManpowerGroup (NYSE:MAN) has announced an increase in its semi-annual dividend from $1.47 to $1.54 per share, payable on June 14, 2024, to shareholders of record as of June 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:18 pm

CNO

CNO Financial Group, Inc. (NYSE:CNO) has increased its quarterly dividend from $0.15 to $0.16 per share, marking its twelfth consecutive annual increase. The new dividend is payable on June 24, 2024, to shareholders of record as of June 10, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:16 pm

AAPL

Apple Inc. (AAPL) shares surged over 7%, marking its best session since November 2022 and breaking above its 200-day moving average for the first time in four months. The rally followed a quarterly report that exceeded expectations with sales of $90.75 billion and EPS of $1.53, alongside the announcement of a record $110 billion share buyback program and a $0.25 per share dividend. Analysts have adjusted their price targets, with JP Morgan Chase & Co. raising it to $225, Barclays to $164, and Rosenblatt to $196.

Portfolio Pulse from Piero Cingari

May 03, 2024 | 7:27 pm

AAPL

Apple Inc (NASDAQ:AAPL) reported Q2 financial results surpassing Street estimates, leading to positive analyst reactions. The company announced updated guidance, an increased dividend, and a $110 billion buyback. Analysts highlighted the potential of artificial intelligence (AI) to drive an upgrade cycle, especially within iPhone sales, and noted Apple's strong performance in China and its services segment. Opinions on Apple's AI strategy and its impact on future product cycles varied among analysts.

Portfolio Pulse from Chris Katje

May 03, 2024 | 5:37 pm

AAPL

AEON

OMI

SGBX

SPT

TNDM

UPLD

Nasdaq surged 2% with Apple posting upbeat Q2 results, announcing a $110-billion stock buyback and a dividend increase. Information technology shares led gains, while energy shares fell. Safe & Green Holdings, Upland Software, and Tandem Diabetes Care saw significant stock increases after positive financial results. Conversely, AEON Biopharma, Sprout Social, and Owens & Minor experienced substantial declines following disappointing outcomes.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 4:49 pm