Streetbeat News

Dividends

NWL

Newell Brands (NASDAQ:NWL) announced a quarterly dividend of 7 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout, which will be distributed on March 15, 2024. The stock is expected to open 7 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

DOW

Dow (NYSE:DOW) announced a quarterly dividend of 70 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning DOW by the end of Tuesday are eligible for the dividend, payable on March 08, 2024. The stock is expected to open 70 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

ARCH

Arch Resources (NYSE:ARCH) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout, which will be distributed on March 15, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

SLG

SL Green Realty (NYSE:SLG) announced a monthly dividend of 25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout, which will be distributed on March 15, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

APLE

Apple Hospitality REIT (NYSE:APLE) announced a monthly dividend of 8 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 8 cents lower. The dividend payout is scheduled for March 15, 2024.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

MARPS

Marine Petroleum Trust (NASDAQ:MARPS) announced a quarterly dividend of 10.16 cents per share, going ex-dividend on Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout on March 28, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:45 pm

ADM

CALM

GNLN

MO

VLGEA

The article highlights five notable value stocks in the consumer defensive sector, focusing on their low P/E multiples as indicators of being undervalued. These stocks include Cal-Maine Foods, Altria Group, Greenlane Holdings, Village Super Market, and Archer-Daniels Midland. Each company's recent financial performance is discussed, including changes in earnings per share and dividend yields. The article emphasizes the potential for value stocks to rebound from undervalued positions, while also noting the risk that such a rebound may not occur.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:40 pm

CLW

CMC

LXU

ORGN

SLVM

The article identifies five value stocks in the basic materials sector based on their low P/E ratios, suggesting they may be undervalued. These stocks are Commercial Metals, LSB Industries, Clearwater Paper, Sylvamo, and Origin Mat. It provides recent financial performance details for each, including changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:39 pm

LHX

L3Harris Technologies has announced an increase in its quarterly dividend from $1.14 to $1.16 per share, signaling confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:00 pm

EOG

EOG Resources Inc (NYSE:EOG) shares fell in premarket trading after announcing Q4 FY23 results. Despite beating revenue expectations with $6.36 billion and reporting higher production across all segments, the stock declined. The company also announced a quarterly dividend of $0.91 per share and a $300 million share repurchase. CEO Ezra Yacob highlighted successful management and cost reduction strategies. EOG provided an optimistic outlook for FY24, with increased production volumes and a projected expenditure of $6.0-$6.4 billion.

Portfolio Pulse from Lekha Gupta

February 23, 2024 | 1:50 pm