Streetbeat News

Dividends

INTC

NVDA

Intel Corp (NASDAQ:INTC) shares dropped 2% to $41.86 amid broader semiconductor sector weakness due to the upcoming Federal Reserve's FOMC meeting and recent announcements by NVIDIA Corp. Investors are concerned about potential changes in interest rates following recent inflation data, which could affect future monetary policy decisions. Intel's dividend yield stands at 1.48% as of Mar. 19, 2024.

Portfolio Pulse from Henry Khederian

March 19, 2024 | 7:52 pm

EWJ

EWJV

FLJP

MUFG

SWJ

The Bank of Japan's decision to introduce positive interest rates is expected to significantly boost profits for Japanese banks like Mitsubishi UFJ Financial Group Inc. (MUFG). With a combined reserve of $712 billion at the BoJ, these banks could see a substantial increase in interest earnings. Goldman Sachs has issued Buy ratings for MUFG and other Japanese banks, predicting a 30% surge in net interest margins. US investors can gain exposure to these stocks through ETFs like EWJ, EWJV, FLJP, and SWJ. Warren Buffett's earlier investments in Japanese equities have also paid off, with returns ranging from 117% to 276% since July 2019.

Portfolio Pulse from Piero Cingari

March 19, 2024 | 3:10 pm

BAH

EA

MAC

SKYW

Insiders at Electronic Arts, SkyWest, Macerich, and Booz Allen Hamilton have recently sold shares. Electronic Arts plans to lay off 5% of its workforce, SkyWest posted upbeat quarterly earnings, Macerich reported in-line quarterly earnings, and Booz Allen Hamilton reported better-than-expected financial results, increased its dividend, and raised FY24 guidance.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 12:23 pm

HR

NHI

PCH

Wall Street's most accurate analysts recommend holding three real estate stocks with over 4% dividend yields: PotlatchDeltic Corporation (PCH), Healthcare Realty Trust Incorporated (HR), and National Health Investors, Inc. (NHI). These recommendations come amidst market turbulence, with recent company performances influencing analyst ratings and price targets.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 12:13 pm

HUYA

HUYA Inc (NYSE:HUYA) shares dropped after reporting Q4 FY23 revenue of $215.5 million, surpassing expectations but revealing a decline in live streaming revenues and a slight increase in paying users. The company announced a special cash dividend of $0.66 per share, with a stable user base and plans for diversification and strategic transformation.

Portfolio Pulse from Lekha Gupta

March 19, 2024 | 12:09 pm

GIS

General Mills, Inc. (NYSE:GIS) is anticipated to release its Q3 earnings on March 20, 2024, with expected earnings of $1.05 per share and projected revenue of $4.96 billion. The company recently announced the retirement of Shawn O'Grady, Group President, North America Foodservice. General Mills offers a dividend yield of 3.48%, equating to a quarterly dividend of 59 cents a share. To earn a monthly dividend income of $500, an investor would need to own approximately 2,542 shares, valued around $172,195. The article also explains how dividend yield can fluctuate with stock price and dividend payment changes. GIS shares rose 1.5% to close at $67.74 recently.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 12:03 pm

UL

Unilever plc (NYSE:UL) announced plans to separate its Ice Cream business, including top brands like Wall's, Magnum, and Ben & Jerry's, aiming for a more focused growth by operating in four Business Groups. The separation, part of its Growth Action Plan, is expected to complete by end of 2025, alongside a productivity program expected to save €800 million over three years. This strategic move is anticipated to impact 7,500 roles globally and aims for mid-single-digit sales growth and modest margin improvement post-separation.

Portfolio Pulse from Shivani Kumaresan

March 19, 2024 | 10:16 am

HUYA

HUYA has announced a special cash dividend of $0.66 per ordinary share or ADS, payable on May 24, 2024, to shareholders of record as of May 10, 2024. The ex-dividend date is May 9, 2024, with the total dividend payout expected to be around $150 million, funded by surplus cash.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 10:12 am

FINV

FinVolution Group (NYSE:FINV), a leading fintech platform, has announced a 10.2% increase in its year-end dividend to $0.237 per ADS for fiscal year 2023, payable on May 7, 2024, to shareholders of record as of April 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 6:51 am

ICFI

Wednesday is the last day for investors to buy ICF International (NASDAQ:ICFI) shares to be eligible for the next quarterly dividend payout of 14 cents per share. The stock will go ex-dividend on Thursday, indicating it will likely open 14 cents lower. The dividend will be paid on April 12, 2024.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:46 pm