Streetbeat News

Dividends

KO

Coca-Cola's stock has declined by 12% in the past month due to declining demand and a strong U.S. dollar, which could impact its financial results. Investors are considering if it remains a top dividend stock.

Portfolio Pulse from

November 18, 2024 | 2:00 pm

APD

Air Products and Chemicals is a strong industrial gases company with consistent dividend growth and a sustainability-driven strategy. It is considered a favorable long-term investment despite a high P/E ratio, with a PEG ratio around 2.4x. Swing traders should look for an entry below 20x earnings, while long-term investors can consider up to 25x earnings.

Portfolio Pulse from

November 18, 2024 | 1:15 pm

PBT

Permian Basin Royalty Trust announced a cash distribution of $0.021733 per unit for November, payable on December 13, 2024. The distribution excludes proceeds from Waddell Ranch properties due to excess production costs in October.

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November 18, 2024 | 1:15 pm

HGTXU

Hugoton Royalty Trust announced no cash distribution for November 2024 due to excess cost positions on its net profits interests. The Trust's cash reserve was reduced by $4,000 for expenses.

Portfolio Pulse from

November 18, 2024 | 1:15 pm

CRT

Cross Timbers Royalty Trust has announced a cash distribution of $0.092742 per unit for November, payable on December 13, 2024, to unitholders of record on November 29, 2024.

Portfolio Pulse from

November 18, 2024 | 1:15 pm

BDN

Brandywine Realty Trust is focusing on non-office investments to enhance long-term cash flows and reduce dependency on office properties. Projects like Uptown ATX and Schuylkill Yards are expected to stabilize in the medium term, aiding future FFO growth. However, the company faces short-term financial challenges, including debt maturities and dividend coverage.

Portfolio Pulse from

November 18, 2024 | 1:00 pm

ABBV

The article discusses high-conviction investing in dividend stocks amidst a complex market influenced by political and economic factors. It highlights sectors like transportation and defense for their recovery potential and long-term growth, focusing on high-quality, dividend-paying stocks with pricing power and resilience.

Portfolio Pulse from

November 18, 2024 | 12:45 pm

SLG

SL Green Realty Corp. has declared a monthly ordinary dividend of $0.25 per share, equating to an annualized dividend of $3.00 per share. The dividend will be paid on December 16, 2024, to shareholders recorded by November 29, 2024.

Portfolio Pulse from

November 18, 2024 | 12:45 pm

WBA

Walgreens is facing financial challenges with an unsustainable 11.9% dividend yield. Despite cost-cutting and debt reduction efforts, legal fees and operational costs are impacting cash flow. Management's turnaround efforts show promise but will take years to fully materialize.

Portfolio Pulse from

November 18, 2024 | 12:45 pm

BHP

Lanny's October 2024 dividend income summary highlights significant dividends from BHP Billiton and Canadian Imperial Bank. The number of dividend-paying companies has decreased compared to 2023, with MDU Resources and Haleon no longer included.

Portfolio Pulse from

November 18, 2024 | 12:45 pm