Streetbeat News

Dividends

EMR

ROK

Rockwell Automation (NYSE:ROK) is set to deliver a dividend payout of $1.25 per share on March 11, 2024, with an annualized yield of 1.92%. The company has shown a consistent increase in dividend per share from $4.13 in 2020 to $4.79 in 2023, alongside an upward trend in earnings per share from $7.68 to $12.12 over the same period. This performance indicates strong financial health and a commitment to returning capital to shareholders, positioning Rockwell Automation as a leader in dividend yield within its industry, slightly ahead of Emerson Electric (NYSE:EMR) with a 1.91% yield.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:05 pm

COLB

TFSL

Columbia Banking System (NASDAQ:COLB) announced a dividend payout of $0.36 per share with an annualized yield of 7.67%, payable on March 11, 2024, to shareholders of record as of February 22, 2024. The company has shown a consistent increase in dividend per share from $1.14 in 2021 to $1.38 in 2023, alongside a growth in earnings per share from $1.99 in 2021 to $2.94 in 2023. This suggests Columbia Banking System's strong financial health and commitment to enhancing shareholder value. TFS Financial (NASDAQ:TFSL) is noted for having the highest annualized dividend yield at 8.82% among industry peers.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:05 pm

NTB

Bank of N.T Butterfield (NYSE:NTB) is set to distribute a dividend of $0.44 per share, with an annualized yield of 5.99%, to shareholders on record before February 23, 2024. The company has maintained a steady dividend per share of $1.76 from 2020 to 2023, alongside an increase in earnings per share from $3.05 to $4.81, indicating financial health and a commitment to shareholder returns.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:05 pm

SNA

SWK

Snap-on (NYSE:SNA) announces a dividend payout of $1.86 per share with an annualized yield of 2.83%, payable on March 11, 2024, to shareholders of record as of February 26, 2024. The company has shown a consistent increase in dividend per share from $4.47 in 2020 to $6.72 in 2023, alongside a growth in earnings per share from $10.87 in 2020 to $18.42 in 2023. This suggests Snap-on's strong financial health and potential for future dividend increases. Stanley Black & Decker (NYSE:SWK) leads in dividend yield among industry peers with 3.54%.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:05 pm

CATY

TFSL

Cathay General (NASDAQ:CATY) announced a dividend payout of $0.34 per share with an annualized yield of 3.46%. The company has shown positive growth in both dividends per share and earnings from 2020 to 2023, indicating a strong financial health. TFS Financial (NASDAQ:TFSL) has the highest annualized dividend yield among peers at 8.82%.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 3:05 pm

KSS

Kohl's Corporation (NYSE:KSS) is anticipated to announce its Q4 earnings on March 12, 2024, with expectations of a profit of $1.28 per share compared to a loss of $2.49 per share in the previous year. Revenue is projected at $5.70 billion, slightly down from $5.78 billion. The company declared a quarterly dividend of 50 cents per share. Recent analyst ratings include a Market Perform from Telsey Advisory Group with a $25 target, a Neutral from Citigroup with a $27 target, an In-Line from Evercore ISI Group with a $24 target, and an Underperform from B of A Securities with a $22 target.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 2:50 pm

MIO

Pioneer Municipal High (NYSE:MIO) announced a monthly dividend of 4.85 cents per share, with the ex-dividend date set for Thursday. Shareholders owning MIO by the end of Wednesday are eligible for the dividend, payable on March 28, 2024. The stock is expected to open 4.85 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:45 pm

CRGY

Crescent Energy (NYSE:CRGY) announced a quarterly dividend of 12 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday, likely opening 12 cents lower. The dividend payout is scheduled for March 28, 2024.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:45 pm

MKTW

Marketwise (NASDAQ:MKTW) announced a quarterly dividend of 1 cent per share, with Wednesday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Thursday, likely opening 1 cent lower. The dividend payout is scheduled for April 25, 2024.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:45 pm

MRCC

Monroe Cap (NASDAQ:MRCC) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Thursday. Shareholders owning MRCC by the end of Wednesday are eligible for the dividend, payable on March 29, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:45 pm