Streetbeat News

Dividends

MAS

Masco Corporation has announced an increase in its quarterly dividend to $0.29 per share, marking a 2% rise. The dividend is scheduled to be paid on March 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:06 pm

WMS

Advanced Drainage Systems announced a quarterly cash dividend of $0.14 per share, marking a 17% increase from the previous year. The dividend is scheduled to be paid on March 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:54 am

BWA

BorgWarner has announced a quarterly cash dividend of $0.11 per share of common stock, which will be payable on March 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:41 am

TPX

Tempur Sealy announced an 18% increase in its quarterly cash dividend, raising it from $0.11 to $0.13 per share, payable on March 7, 2024, to shareholders of record as of February 22, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:41 am

UL

Unilever PLC (NYSE:UL) shares rose after reporting a 7.0% underlying sales growth in FY23, driven by a 6.8% price increase and a 0.2% rise in volume. Despite a 0.8% Y/Y turnover decrease to €59.6 billion, the company saw growth across most segments, with a notable increase in gross margin and underlying operating profit. Unilever also announced a new €1.5 billion share buyback program for FY24 and expects FY24 sales growth of 3% to 5% with a modest improvement in underlying operating margin.

Portfolio Pulse from Lekha Gupta

February 08, 2024 | 11:28 am

COP

DIS

K

PM

PYPL

ConocoPhillips, Disney, Philip Morris International, PayPal Holdings, and Kellanova are stocks to watch due to their recent financial updates and market movements. ConocoPhillips and Kellanova are expected to report earnings, with ConocoPhillips already seeing a slight increase in after-hours trading. Disney announced better-than-expected earnings, a new share repurchase program, and a significant investment in Epic Games, leading to a surge in its stock price. Philip Morris is also anticipated to release earnings, showing a modest increase in after-hours trading. PayPal reported strong fourth-quarter results but projected full-year earnings for 2024 to match those of 2023, below analyst expectations, causing its stock to dip.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 7:48 am

AVA

Avista Corp. (NYSE:AVA) announced an increase in its quarterly dividend to $0.475 per share, up from the previous dividend, resulting in an annualized dividend of $1.90. The dividend is payable on March 15, 2024, to shareholders of record as of February 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 6:54 am

SF

Stifel Financial Corp. (NYSE:SF) has announced a 17% increase in its quarterly cash dividend, raising it to $0.42 per share from $0.36. The dividend is payable on March 15, 2024, to shareholders of record as of March 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 6:50 am

AMC

DIS

FOX

FOXA

WBD

Disney announced several key developments including a Taylor Swift concert film exclusive to Disney+, Nick Saban joining ESPN as an on-air commentator, the theatrical release of 'Moana 2', a $1.5-billion investment in Epic Games, and financial highlights such as beating Q1 earnings estimates, raising its semi-annual dividend, and announcing a $3-billion share buyback. Additionally, Disney is involved in a joint venture with Warner Bros. Discovery and Fox Corporation.

Portfolio Pulse from Chris Katje

February 07, 2024 | 10:49 pm

ALLE

Allegion announced a 7% increase in its quarterly dividend, raising it from $0.45 to $0.48 per share, payable on March 29, 2024, to shareholders of record as of March 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:02 pm