Streetbeat News

Dividends

FLNG

FLEX LNG reported a decrease in year-over-year revenue for 3Q24 but an increase in quarter-over-quarter revenue. Despite a high dividend yield, the company's high debt levels and payout ratio have led to a rating downgrade.

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November 22, 2024 | 6:30 am

AVT

Avnet has announced a regular quarterly dividend, which is a positive signal for investors as it indicates financial stability and a commitment to returning value to shareholders.

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November 22, 2024 | 1:15 am

MTH

Meritage Homes Corporation has declared a quarterly dividend of $0.75 per share and increased its share repurchase authorization by $250 million.

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November 22, 2024 | 12:45 am

DKS

DICK'S Sporting Goods, Inc. is experiencing strong growth due to increased consumer spending, e-commerce, and data analytics. The company is considered undervalued with a price target of $231 and has a promising dividend growth outlook.

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November 22, 2024 | 12:30 am

TAP

Molson Coors Beverage Company has announced a regular quarterly dividend of $0.44 per share for its Class A and Class B common stock, payable on December 20, 2024, to stockholders of record on December 6, 2024.

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November 22, 2024 | 12:15 am

MLLGF

Mullen Group Ltd. has announced a monthly dividend of $0.07 per Common Share, payable to shareholders on record as of November 30, 2024, with payment on December 16, 2024.

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November 22, 2024 | 12:15 am

PFE

Pfizer's stock is considered undervalued with a high dividend yield of 6.8%, making it attractive for long-term investment despite low growth expectations. The company reported strong Q3 results with 31.2% YoY revenue growth, driven by products like Paxlovid and Comirnaty. A DCF analysis suggests an intrinsic value of $37.56, indicating potential undervaluation.

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November 21, 2024 | 11:15 pm

USAC

USA Compression Partners may benefit from the Trump administration's pro-fossil fuel policies. However, their free cash flow is insufficient to cover distribution payments, indicating reliance on debt funding.

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November 21, 2024 | 11:00 pm

TIMB

TIM S.A., Brazil's third-largest telecom operator, is seeing growth in postpaid services, leading to increased revenue and ARPU. The company offers a 2024 dividend yield of about 8% for its ADR, and its EV/EBITDA has decreased by 30% year-over-year, making it an attractive investment.

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November 21, 2024 | 10:45 pm

LUV

Southwest Airlines has announced its 183rd consecutive quarterly dividend, declaring a cash dividend of $0.18 per share. The dividend will be paid on January 16, 2025, to shareholders of record as of December 26, 2024.

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November 21, 2024 | 10:30 pm