Streetbeat News

Dividends

CDE

HL

STLD

XPL

Coeur Mining Inc. (CDE) announced a private placement of flow-through shares for exploration at Silvertip Property. Solitario Resources Corp. (XPL) discovered high-grade gold at its Golden Crest Project. Hecla Mining Company (HL) appointed Mark P. Board as a Director. Steel Dynamics, Inc. (STLD) increased its quarterly cash dividend by 8%. These developments highlight significant operational and financial activities within the mining and steel sectors.

Portfolio Pulse from Austin DeNoce

February 27, 2024 | 10:04 pm

SLGN

Silgan Holdings Inc. has announced a 5.6% increase in its quarterly cash dividend, raising it from $0.18 to $0.19 per share. The dividend will be payable on March 28, 2024, to shareholders of record as of March 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:02 pm

EBAY

EBay Inc (NASDAQ:EBAY) reported Q4 earnings with revenue and EPS beating estimates, and provided strong guidance for Q1. The company announced a cash dividend and a $2 billion stock repurchase program, highlighting a 'fortress' balance sheet. Shares rose 4.08% after hours.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 9:51 pm

DVN

Devon Energy announced an increase in its fixed dividend by 10% for 2024, setting the total dividend at $0.44 per share, with a fixed component of $0.22 and a variable component of $0.22.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:35 pm

BRK

Ruth Gottesman, widow of David Gottesman, a former Berkshire Hathaway Inc. director and Warren Buffett's colleague, has donated $1 billion to the Albert Einstein College of Medicine. This donation, funded by a portfolio of Berkshire Hathaway stock left to her by her late husband, aims to provide free tuition for medical students. It's one of the largest charitable donations to a U.S. school and possibly the largest to a medical school ever. Berkshire Hathaway's shares have significantly outperformed the broader market over the past decades.

Portfolio Pulse from Chris Katje

February 27, 2024 | 9:28 pm

BGFV

Big 5 Sporting Goods has reduced its quarterly cash dividend from $0.125 to $0.05 per share, payable on March 22, 2024, to stockholders of record as of March 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:10 pm

LIN

Linde plc (NASDAQ:LIN) announced a 9% increase in its quarterly dividend to $1.39 per share, marking the 31st consecutive year of dividend increases. The dividend is payable on March 28, 2024, to shareholders of record as of March 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:38 pm

AIRC

CLPR

Apartment Income REIT (NYSE:AIRC) announces a dividend payout of $0.45 per share with an annualized yield of 5.47%, payable on February 27, 2024, to shareholders of record as of February 16, 2024. The company has shown a positive trend in dividend per share from $1.74 in 2021 to $1.80 in 2023 and an increase in earnings per share from $1.96 to $2.36 over the same period. Clipper Realty (NYSE:CLPR) leads the industry with a 7.68% annualized dividend yield.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:05 pm

FBK

NWBI

FB Financial (NYSE:FBK) announced a dividend payout of $0.17 per share with an annualized yield of 1.73%, going ex-dividend on February 12, 2024. The company has shown a positive trend in dividend growth from 2020 to 2023, increasing from $0.36 to $0.60 per share, alongside a slight increase in earnings per share from $3.07 to $3.09. This suggests a strong financial health and a commitment to rewarding shareholders. FB Financial's dividend yield is in the middle range compared to its industry peers, with Northwest Bancshares (NASDAQ:NWBI) having the highest yield at 6.99%.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:05 pm

ARIS

TTEK

Tetra Tech (NASDAQ:TTEK) announces a dividend payout of $0.26 per share with an annualized yield of 0.64%, payable on February 27, 2024, to shareholders of record as of February 13, 2024. The company has shown a positive trend in dividend per share and earnings per share from 2020 to 2023, indicating financial health and potential for future profit distribution. Tetra Tech's dividend yield is in the middle range compared to industry peers, with Aris Water Solutions (NYSE:ARIS) having the highest yield at 3.73%.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:05 pm