Streetbeat News

Dividends

KKR

KKR & Co Inc (NYSE:KKR) shares rose after reporting Q4 FY23 results, surpassing consensus estimates in asset management segment revenues and adjusted EPS. The firm saw increases in net investment income, fee-related earnings, and assets under management. KKR also announced a dividend increase and has strategic collaborations and IPO plans.

Portfolio Pulse from Lekha Gupta

February 06, 2024 | 2:28 pm

TSCO

Tractor Supply has announced an increase in its quarterly dividend from $1.03 to $1.10, signaling confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:08 pm

YUMC

Yum China Holdings, Inc. (NYSE:YUMC) is anticipated to release its Q4 earnings on Feb. 6, 2024, with expected earnings of 16 cents per share, up from 12 cents a year ago, and projected quarterly revenue of $2.41 billion, up from $2.09 billion. The company previously reported a 9% increase in Q3 revenues year-over-year but missed consensus estimates. Yum China offers a dividend yield of 1.45%, equating to a quarterly dividend of 13 cents a share. To earn $500 monthly from dividends, an investor would need to own approximately 11,538 shares, valued around $414,560. The article also explains how dividend yield changes with stock price and dividend payment adjustments. YUMC shares gained 2% to close at $35.93 recently.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 1:45 pm

DUK

NEE

SO

Wall Street's most accurate analysts have recommended three utilities stocks with high-dividend yields: NextEra Energy, Inc. (NEE), The Southern Company (SO), and Duke Energy Corporation (DUK). These stocks are highlighted for their strong dividend yields and recent analyst ratings, with NextEra Energy and Duke Energy posting better-than-expected earnings and Southern Company planning to release its earnings soon.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 1:41 pm

TWIN

Twin Disc, Inc. (NASDAQ:TWIN) has announced a regular quarterly cash dividend of $0.04 per share, payable on March 1, 2024, to shareholders of record as of February 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:14 pm

TW

Tradeweb announced an 11.1% increase in its quarterly dividend, raising it to $0.10 per share.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:02 pm

J

Jacobs Solutions has announced an 11.5% increase in its quarterly dividend, signaling confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:52 am

BP

IBDRY

BP PLC shares surged after reporting Q4 FY23 results, with sales at $52.14 billion, missing consensus but beating EPS expectations. The company announced a dividend, completed a $1.5 billion share buyback, and plans further buybacks. BP also formed a joint venture with Iberdrola SA for EV charging in Spain and Portugal. BP expects higher upstream production in FY24 and maintains a capital expenditure target of around $16 billion per annum.

Portfolio Pulse from Lekha Gupta

February 06, 2024 | 11:28 am

INGR

Ingredion forecasts its full-year 2024 adjusted EPS to be between $9.15 and $9.85, with an estimated average of $9.76. The outlook includes the impact of the divestiture of its South Korea business. Excluding this divestiture, net sales are expected to be flat to slightly up, while reported operating income could increase by low to mid-double digits, thanks to the expected gain from the divestiture. Adjusted operating income is anticipated to rise by mid-single digits.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:10 am

ARCB

ArcBest's board of directors has increased the authorization for its share repurchase program to $125 million. In 2023, the company repurchased 930,754 shares for $91.5 million and paid $11.5 million in dividends.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:04 am