Streetbeat News

Dividends

GHI

RDN

Radian Group (NYSE:RDN) is distributing a dividend of $0.24 per share today, with an annualized yield of 3.51%. The company has shown a consistent increase in dividends per share from $0.50 in 2020 to $0.90 in 2023, alongside earnings growth from $1.89 to $3.98 per share over the same period. This trend underscores Radian Group's strong financial health and commitment to enhancing shareholder value. The dividend yield is mid-range compared to industry peers, with Greystone Housing Impact (NYSE:GHI) having the highest yield at 8.82%.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:05 pm

LOB

NYCB

Live Oak Bancshares (NYSE:LOB) announced a dividend payout of $0.03 per share with an annualized yield of 0.30%, going ex-dividend on February 26, 2024. Despite a consistent dividend per share since 2020, the company's earnings per share have grown from $0.88 in 2020 to $1.32 in 2023, indicating financial health and potential for future dividend increases. However, its dividend yield is lower compared to industry peers like New York Community (NYSE:NYCB), which has a yield of 6.15%.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:05 pm

IEP

MMM

3M (NYSE:MMM) announced a dividend payout of $1.51 per share with an annualized yield of 6.51%, payable on March 12, 2024, to shareholders of record as of February 16, 2024. The company has shown a positive trend in dividend growth from $5.88 in 2020 to $6.00 in 2023, alongside an increase in earnings per share from $8.52 to $9.10 over the same period. This suggests a strong financial health and a commitment to returning value to shareholders. 3M's dividend yield is in the middle range when compared to its industry peers, with Icahn Enterprises (NASDAQ:IEP) having the highest yield at 22.98%.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:05 pm

OXY

XOM

Saudi Aramco and ADNOC are venturing into lithium production from brine in their oilfields to diversify and meet the growing demand for EVs, similar to Exxon Mobil's efforts in Arkansas. Despite a profit decline, Aramco increased its dividend payout. The long-term prospects for lithium remain promising despite recent price drops. Gulf companies are exploring eco-friendly Direct Lithium Extraction (DLE) technologies, avoiding traditional, environmentally harmful methods. Exxon Mobil and Occidental Petroleum are also investigating DLE technologies.

Portfolio Pulse from Stjepan Kalinic

March 12, 2024 | 3:00 pm

ITIC

Investors Title (NASDAQ:ITIC) announced a quarterly dividend of 46 cents per share, with the ex-dividend date set for Friday. Shareholders owning ITIC by the end of Thursday are eligible for the dividend, payable on March 29, 2024. The stock is expected to open 46 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm

HOFT

Hooker Furnishings (NASDAQ:HOFT) announced a quarterly dividend of 23 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on March 29, 2024.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm

AAON

AAON (NASDAQ:AAON) announced a quarterly dividend of 8 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday are eligible for the payout, which will be distributed on March 29, 2024. The stock is expected to open 8 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm

CLAR

Clarus (NASDAQ:CLAR) announced a quarterly dividend of 2.5 cents per share, with the ex-dividend date set for Friday. Shareholders owning CLAR by the end of Thursday are eligible for the payout, which will be distributed on March 28, 2024. The stock is expected to open 2.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm

WTI

W&T Offshore (NYSE:WTI) announced a quarterly dividend of 1 cent per share, with Thursday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Friday, indicating a likely opening price reduction by the dividend amount. The dividend is scheduled for payment on March 25, 2024.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm

UHAL

U-Haul Holding (NYSE:UHAL) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Friday. Shareholders owning UHAL by the end of Thursday are eligible for the payout, which will be distributed on March 28, 2024. The stock is expected to open 5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 2:45 pm