Streetbeat News

Dividends

DTM

DT Midstream announced a 7% increase in its quarterly dividend to $0.735 per share, payable on April 15, 2024, to stockholders of record as of March 18, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:12 pm

FBK

KRNY

PLCE

TCBI

Insiders have recently made notable purchases in shares of Texas Capital Bancshares, Kearny Financial, FB Financial, and Children's Place, indicating their confidence in these companies. These transactions suggest potential growth or undervaluation of these stocks. Kearny Financial revised its Q2 fiscal 2024 results, Texas Capital Bancshares reported downbeat quarterly earnings, FB Financial increased its quarterly dividend, and Children's Place received a notification of significant ownership by Mithaq Capital.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 11:51 am

TRP

TC Energy announced a 3.2% increase in its quarterly dividend to CAD0.96 per share, payable on April 30, 2024, to shareholders of record as of March 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:50 am

TRP

TC Energy Corporation announced a quarterly dividend of $0.96 per share for Q1 2024, an increase from $0.93 YoY. The dividend is payable on April 30, 2024, to shareholders of record as of March 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 11:39 am

HASI

HASI has increased its quarterly dividend from $0.3950 to $0.4150 per share and announced a 2% discount on its 2023 Dividend Reinvestment and Stock Purchase Plan for Q1 of 2024. The dividend will be paid on April 19, 2024, to stockholders of record as of April 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 10:06 pm

NPO

Enpro Inc. (NYSE:NPO) has increased its quarterly dividend to $0.30 per share, up from $0.29, marking the ninth consecutive year of dividend growth since 2015. The dividend is payable on March 20, 2024, to shareholders of record as of March 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:54 pm

HTGC

Hercules Capital reported significant growth in its Q4 and FY23 financial results, with record increases in total investment income and net investment income. Q4 investment income rose to $122.6M, a 22.4% increase YOY, and net investment income reached $86M, up 38.5% YOY. FY23 saw total investment income of $460.7M and net investment income of $304M, marking increases of 43.2% and 61.7% YOY, respectively. The company also announced a new supplemental cash distribution for 2024 of $0.32 per share and reported over $1.0 billion in available liquidity and $4.2 billion in assets under management.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:45 pm

MUSA

Murphy USA announced a 2.4% increase in its quarterly cash dividend, from $0.41 to $0.42 per share, payable on March 7, 2024, to stockholders of record as of February 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:33 pm

TNET

TriNet has announced its inaugural quarterly dividend of $0.25 per share, with an Ex-Dividend Date of March 29, 2024, a Dividend Record Date of April 1, 2024, and a Dividend Payment Date of April 22, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:25 pm

HASI

Hannon Armstrong (HASI) has announced its expectation for annual dividends per share from 2024 to 2026 to be set at a payout ratio of 60%-70% of annual distributable earnings per share. This strategic financial planning indicates a commitment to returning value to shareholders while maintaining a balance with the company's growth and investment needs.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:25 pm