Streetbeat News

Dividends

SWK

Stanley Black & Decker (NYSE:SWK) announced a quarterly dividend of 81 cents per share, with Wednesday being the last day for investors to buy the stock to be eligible for the dividend. The stock will go ex-dividend on Thursday, likely opening 81 cents lower. The dividend payout is scheduled for March 19, 2024.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:46 pm

NIC

Nicolet Bankshares (NYSE:NIC) announced a quarterly dividend of 25 cents 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 25 cents lower. The dividend is scheduled for payment on March 15, 2024.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:46 pm

FMNB

Farmers National Banc (NASDAQ:FMNB) announced a quarterly dividend of 17 cents per share, with Wednesday being the last day for investors to be eligible. The stock will go ex-dividend on Thursday, likely opening 17 cents lower. Dividends will be paid on March 29, 2024.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:46 pm

BGFV

Big 5 Sporting Goods (NASDAQ:BGFV) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on March 22, 2024. The stock is expected to open 5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:46 pm

SHOO

Steven Madden (NASDAQ:SHOO) announced a quarterly dividend of 21 cents per share, going ex-dividend on Thursday. Shareholders owning SHOO by the end of Wednesday are eligible for the payout on March 22, 2024. The stock is expected to open 21 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:46 pm

BNTX

INVA

OGN

PROC

TXMD

The article highlights five healthcare sector stocks considered to be value stocks due to their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. These stocks are Organon (OGN), BioNTech (BNTX), TherapeuticsMD (TXMD), Innoviva (INVA), and Procaps Gr (PROC), each with specific P/E values and recent earnings per share data. The piece emphasizes the potential for value stocks to rebound but also notes the risk that the expected emergence may not occur.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:44 pm

UNH

UnitedHealth Group Incorporated (NYSE:UNH) reported a 15% year-over-year revenue growth for 2023, reaching $371.6 billion, driven by its Optum and UnitedHealthcare divisions. Despite a slight decrease in net margin, earnings from operations grew by 14% to $32.4 billion. The company also showcased strong cash flows and a 27% return on equity, returning $14.8 billion to shareholders through dividends and repurchases. UnitedHealth Group reaffirmed its 2024 performance objectives, excluding impacts from the sale of its Brazil operations.

Portfolio Pulse from Tornado

March 04, 2024 | 2:44 pm

ABR

FBRT

LFT

VTMX

Benzinga Insights identifies Arbor Realty Trust (ABR), Corporacion Inmobiliaria (VTMX), Franklin BSP Realty Trust (FBRT), Ready Capital (RC), and Lument Finance Trust (LFT) as notable value stocks in the real estate sector based on low P/E multiples. ABR, FBRT, RC, and LFT experienced changes in earnings per share and dividend yields, indicating varied financial performance in the recent quarter.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 2:39 pm

AMD

DELL

NVDA

Dell Technologies Inc (NYSE:DELL) reported fiscal 2024 Q4 results, surpassing analyst expectations with a nearly 20% share price increase, driven by strategic AI partnerships with Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). Despite an 11% YoY revenue drop to $25.04 billion, net income soared 89% YoY to $1.16 billion. Dell's AI-optimized servers and storage revenue showed significant growth. The company expects to return to growth in fiscal 2025, supported by AI investments and has increased its annual dividend by 20%.

Portfolio Pulse from Upwallstreet

March 04, 2024 | 2:37 pm

EFSH

1847 Holdings LLC (AMEX:EFSH), a diversified acquisition holding company, is focusing on increasing shareholder value and positioning for growth in 2024 by shoring up capital, streamlining operations, and divesting non-core assets like 1847 Asien Inc. This strategy includes securing a $1 million credit facility for High Mountain Door & Trim Inc., paying off $1.95 million in debt, and eliminating $6.4 million in outstanding debt and liabilities. These moves aim to enhance operational profitability, reduce expenses and liabilities, and enable the company to pursue accretive growth opportunities.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 1:43 pm