Streetbeat News

Dividends

Atlantica Sustainable (NASDAQ:AY) announced a quarterly dividend of 44.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning AY by the end of Friday's session will be eligible for the dividend, payable on March 22, 2024. The stock is expected to open 44.5 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 2:45 pm

AGCO

BBU

HTZ

NMM

PSHG

Benzinga Insights highlights 5 value stocks in the industrials sector with low P/E ratios, suggesting potential undervaluation. The stocks include Hertz Global Holdings (HTZ), Brookfield Bus Partners (BBU), Navios Maritime Partners (NMM), Performance Shipping (PSHG), and AGCO (AGCO), each with recent financial performance data indicating varying degrees of earnings and dividend yield changes.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 2:41 pm

CIG

ETR

GNE

TAC

The article highlights five value stocks in the utilities sector with low P/E ratios, indicating potential undervaluation. These stocks include TransAlta, Hawaiian Electric Industries, Genie Energy, Entergy, and Cia Energetica DE Minas, each with recent financial performance data such as earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 2:38 pm

ABM

ABM Industries Incorporated (NYSE:ABM) is set to release its Q1 earnings on March 7, 2024, with analysts expecting a decrease in earnings per share from the previous year. The company recently announced a partnership with the Arizona Diamondbacks and Chase Field. ABM offers a dividend yield of 2.18%, equating to a quarterly dividend of 22.5 cents a share. To earn a monthly dividend income of $500, an investor would need to own approximately 6,667 shares, valued around $271,680. The article also explains how dividend yield can fluctuate with stock price and dividend payment changes. ABM's stock fell 1.2% to close at $40.75 recently.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 2:19 pm

GBLI

Global Indemnity Group, LLC (NYSE:GBLI) announced a 40% increase in its quarterly dividend from $0.25 to $0.35 per share, payable on March 28, 2024, to shareholders of record as of March 21, 2024. This increase reflects GBLI's strong financial performance, capital and reserve positions, liquidity, and balance sheet. Since going public, GBLI has repaid all debt and returned over $600 million to shareholders. Future dividends are subject to Board discretion based on financial health and other factors.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:46 pm

XTKG

X3 Holdings Co., Ltd. (NASDAQ:XTKG) announced a 6% common stock dividend to be distributed on May 27, 2024, to shareholders of record as of April 26, 2024. This move aims to boost shareholder value and liquidity, reflecting the company's commitment to its investors and confidence in future growth.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:41 pm

MEDS

TRxADE Health announced a special cash dividend of $8 per share, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:35 pm

CELZ

CRWD

MEDS

CrowdStrike Holdings (CRWD) shares surged 27% after reporting better-than-expected Q4 earnings and revenues, with positive guidance for Q1 and FY25, leading to raised price targets by analysts. Creative Medical Technology Holdings, Inc. (CELZ) saw an 85% increase after receiving FDA Orphan Drug Designation for CELZ-101. TRxADE Health, Inc. (MEDS) announced a special cash dividend of $8/share, resulting in a 67% stock price increase.

Portfolio Pulse from ryanfaloona@benzinga.com

March 06, 2024 | 1:33 pm

MEDS

TRxADE Health, Inc. has declared a special cash dividend of $8 per share, a significant return to its shareholders. This move could indicate strong financial health or a strategy to return excess cash to shareholders.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:06 pm

GTN

PLTK

SBGI

Wall Street's most accurate analysts have provided their views on three high-yielding tech and telecom stocks: Sinclair, Inc. (SBGI), Playtika Holding Corp. (PLTK), and Gray Television, Inc. (GTN). These stocks offer dividend yields above 5% and have received various ratings and price target adjustments based on recent financial performances and market outlooks.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 12:24 pm