Streetbeat News

Dividends

MSI

Motorola Solutions, Inc. (NYSE:MSI) is anticipated to release its Q4 earnings on Feb. 8, 2024, with expected earnings of $3.63 per share, up from $3.6 the previous year, and projected revenue of $2.82 billion, up from $2.71 billion. Deutsche Bank initiated coverage with a Buy rating and a $350 price target. The company's dividend yield is 1.20%, equating to a quarterly dividend of 98 cents a share. To earn $500 monthly from dividends, an investor would need 1,531 shares, valued at approximately $502,061. MSI shares rose 0.8% to close at $327.93 recently.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:50 pm

MPWR

Monolithic Power Systems, Inc. (NASDAQ:MPWR) exceeded fourth-quarter earnings and sales expectations, raised its quarterly dividend from $1 to $1.25, and announced the acquisition of Axign B.V. Shares rose 2% to $645.41. Keybanc and Needham increased their price targets for MPWR following the earnings report.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:46 pm

MPWR

Monolithic Power Solutions (MPWR) shares surged following the announcement of impressive Q4 financial results and a hike in its quarterly cash dividend from $1 to $1.25 per share.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:42 pm

BBY

CBRL

WEN

Wall Street's most accurate analysts have provided updates on three high-yield dividend stocks in the consumer discretionary sector: Cracker Barrel Old Country Store, Inc. (CBRL), The Wendy's Company (WEN), and Best Buy Co., Inc. (BBY). These updates include changes in price targets and ratings, reflecting recent financial results and management changes.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:27 pm

NAVI

NYCB

PEBO

STEL

TSBK

The article highlights the top 5 financial stocks considered oversold based on their Relative Strength Index (RSI), suggesting potential for gains in Q1. These include New York Community Bancorp, Peoples Bancorp, Timberland Bancorp, Stellar Bancorp, and Navient Corporation, each with recent financial results and stock performance updates.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 1:21 pm

KRT

Karat Packaging has announced an increase in its quarterly dividend from $0.20 to $0.30 per share, signaling a positive outlook on its financial health and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:15 pm

ICE

Intercontinental Exchange (ICE) has announced an increase in its quarterly dividend from $0.42 to $0.45, signaling confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:39 pm

SPGI

S&P Global's Board has authorized a share repurchase program of up to $2.4B and plans to initiate a $500M Accelerated Share Repurchase soon. The company aims to return about 85% of its adjusted free cash flow to shareholders in 2024 through dividends and share repurchases, with a quarterly cash dividend of $0.91, marking the 51st consecutive year of dividend increases.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:35 pm

HSY

Hershey has announced an increase in its quarterly dividends by 15%, setting the new rates at $1.370 for common stock and $1.245 for Class B common stock, payable on March 15.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:21 pm

BCE

BCE Inc. announced its Q4 and full-year 2023 results, 2024 financial guidance with a 3.1% dividend increase, and a major workforce restructuring reducing 9% of its employees, totaling 4,800 positions.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:10 pm