Streetbeat News

Dividends

PBT

Permian Basin Royalty Trust announced a cash distribution of $0.021733 per unit for November, payable on December 13, 2024. The distribution excludes proceeds from Waddell Ranch properties due to excess production costs in October.

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November 18, 2024 | 1:15 pm

HGTXU

Hugoton Royalty Trust announced no cash distribution for November 2024 due to excess cost positions on its net profits interests. The Trust's cash reserve was reduced by $4,000 for expenses.

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November 18, 2024 | 1:15 pm

CRT

Cross Timbers Royalty Trust has announced a cash distribution of $0.092742 per unit for November, payable on December 13, 2024, to unitholders of record on November 29, 2024.

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November 18, 2024 | 1:15 pm

BDN

Brandywine Realty Trust is focusing on non-office investments to enhance long-term cash flows and reduce dependency on office properties. Projects like Uptown ATX and Schuylkill Yards are expected to stabilize in the medium term, aiding future FFO growth. However, the company faces short-term financial challenges, including debt maturities and dividend coverage.

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November 18, 2024 | 1:00 pm

ABBV

The article discusses high-conviction investing in dividend stocks amidst a complex market influenced by political and economic factors. It highlights sectors like transportation and defense for their recovery potential and long-term growth, focusing on high-quality, dividend-paying stocks with pricing power and resilience.

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November 18, 2024 | 12:45 pm

SLG

SL Green Realty Corp. has declared a monthly ordinary dividend of $0.25 per share, equating to an annualized dividend of $3.00 per share. The dividend will be paid on December 16, 2024, to shareholders recorded by November 29, 2024.

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November 18, 2024 | 12:45 pm

WBA

Walgreens is facing financial challenges with an unsustainable 11.9% dividend yield. Despite cost-cutting and debt reduction efforts, legal fees and operational costs are impacting cash flow. Management's turnaround efforts show promise but will take years to fully materialize.

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November 18, 2024 | 12:45 pm

BHP

Lanny's October 2024 dividend income summary highlights significant dividends from BHP Billiton and Canadian Imperial Bank. The number of dividend-paying companies has decreased compared to 2023, with MDU Resources and Haleon no longer included.

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November 18, 2024 | 12:45 pm

BCE

BCE has announced amendments to its Shareholder Dividend Reinvestment Plan, allowing a 2% discount for treasury issuances starting with the dividend payable on January 15, 2025.

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November 18, 2024 | 12:30 pm

AGNC

AGNC Investment Corp's 15% dividend yield is attractive but unsustainable due to expiring low-cost swaps and rising interest expenses. The company's high leverage and hedging make it vulnerable to interest rate volatility and declining book value, suggesting it is not suitable for buy-and-hold investors.

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November 18, 2024 | 12:15 pm