Streetbeat News

Dividends

NRG

NRG Energy has announced plans to increase its dividend per share by 7-9% annually, complete its $2.7 billion share repurchase authorization, and reduce its debt by up to $2.55 billion by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 12:08 pm

AGESY

Ageas SA reported a 2023 Net Operating Result of €1.166 billion, a decrease from €1.312 billion year-over-year. Net Operating EPS fell to €6.35 from €7.13. Despite the decline, the company saw excellent commercial performance in Non-Life and double-digit growth in Life in China. The cash position improved significantly to €959 million. Ageas proposed a total dividend of €3.25 per share, marking an increase of over 8%, with a final dividend of €1.75 per share.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:47 am

TCN

Tricon has announced that it will not declare its regular quarterly dividend during the pendency of its arrangement agreement with Blackstone. This decision is directly related to the ongoing process and negotiations with Blackstone, indicating a significant corporate action that could impact shareholder returns in the short term.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:12 pm

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