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Dividends

OKE

ONEOK projects a 2024 net income midpoint of $2.8 billion and adjusted EBITDA midpoint of $6.1 billion, with capital expenditures between $1.75 billion and $1.95 billion. The company attributes this growth to record volumes, the Magellan acquisition, and operational momentum. ONEOK's strategy focuses on capital growth, maintaining a strong balance sheet, dividend growth, and share repurchases, aiming to maximize investor value and enhance its position in providing essential energy services.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:17 pm

NBN

WASH

Northeast Bank (NASDAQ:NBN) announced a dividend payout of $0.01 per share with an annualized yield of 0.07%, maintaining a steady dividend per share of $0.04 from 2020 to 2023. Despite consistent dividends, its yield falls behind industry peers like Washington Trust Bancorp (NASDAQ:WASH), which boasts an 8.63% yield. However, Northeast Bank's earnings per share have grown from $3.01 to $6.85 from 2020 to 2023, indicating financial stability and potential for future dividend increases.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:05 pm

MPW

PEAK

Healthpeak Properties (NYSE:PEAK) announces a dividend payout of $0.30 per share with an annualized yield of 6.44%. Despite a decrease in dividend per share from $1.48 in 2020 to $1.20 in 2023, the company's earnings per share have increased from $1.69 in 2020 to $1.76 in 2023, indicating a strategic shift towards reinvestment. Medical Properties Trust (NYSE:MPW) leads the industry with a 22.92% annualized dividend yield.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:05 pm

TECH

Bio-Techne (NASDAQ:TECH) is distributing a dividend of $0.08 per share today, with an annualized yield of 0.46%. The company's dividend has decreased from $1.28 in 2020 to $0.32 in 2023, while earnings per share have increased from $1.23 to $1.96 over the same period. This suggests Bio-Techne is focusing more on business expansion than on dividend payments. Agilent Technologies (NYSE:A) leads the industry with a 0.71% dividend yield.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:05 pm

ADTN

Ubiquiti (NYSE:UI) announces a dividend payout of $0.60 per share with an annualized yield of 1.89% for shareholders on record by February 16, 2024. Despite a decrease in earnings per share from $6.94 in 2020 to $6.72 in 2023, Ubiquiti has shown a positive trend in dividend growth from $1.40 to $2.40 per share from 2020 to 2023. This indicates Ubiquiti's commitment to maintaining shareholder dividends amidst earnings challenges. The company's dividend yield is in the middle range compared to its industry peers, with Adtran Holdings (NASDAQ:ADTN) having the highest yield at 5.89%.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:05 pm

AMNB

WASH

American National (NASDAQ:AMNB) announced a dividend payout of $0.30 per share with an annualized yield of 2.72%, payable on February 26, 2024, to shareholders of record as of February 20, 2024. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating financial health and potential for continued profit distribution. Washington Trust Bancorp (NASDAQ:WASH) was mentioned for having the highest annualized dividend yield at 8.63% among industry peers.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:05 pm

ACON

AKLI

BREA

DPZ

HOLO

LUNR

ZVSA

U.S. stocks showed modest gains with the Nasdaq Composite up by 50 points. Domino's Pizza Inc. reported better-than-expected Q4 earnings, raising its dividend by 25% and authorizing a $1 billion stock buyback. Akili, Inc., ZyVersa Therapeutics, Inc., and MicroCloud Hologram Inc. saw significant stock price increases due to positive clinical trial results and market movements, respectively. Conversely, Aclarion, Inc., Intuitive Machines, Inc., and Brera Holdings PLC experienced notable declines in their stock prices.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 2:48 pm

HQI

HireQuest (NASDAQ:HQI) announced a quarterly dividend of 6 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 6 cents lower. The dividend is scheduled for payment on March 15, 2024.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:46 pm

LCNB

LCNB Corp (NASDAQ:LCNB) announced a quarterly dividend of 22 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 on March 15, 2024. The stock is expected to open 22 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:45 pm

WHR

Whirlpool (NYSE:WHR) announced a quarterly dividend of $1.75 per share, with the ex-dividend date set for Thursday. Shareholders owning WHR by the end of Wednesday are eligible for the payout on March 15, 2024. The stock is expected to open $1.75 lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:45 pm