Streetbeat News

Dividends

FCPT

Four Corners Property Trust, Inc. (FCPT) has announced a 2.9% increase in its quarterly cash dividend for the fourth quarter of 2024, amounting to $0.3550 per share. The dividend will be payable on January 15, 2025, to shareholders of record as of December 31, 2024.

Portfolio Pulse from

November 11, 2024 | 11:00 pm

NWL

Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.07 per share, payable on December 13, 2024, to shareholders of record as of November 29, 2024.

Portfolio Pulse from

November 11, 2024 | 10:30 pm

SVM

Silvercorp Metals Inc. has declared a semi-annual dividend of US$0.0125 per share, payable to shareholders of record on November 29, 2024, with payment by December 13, 2024. The dividend is eligible for Canadian tax purposes.

Portfolio Pulse from

November 11, 2024 | 10:30 pm

ARDC

Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) has declared a monthly distribution of $0.1175 per share for November 2024, with an annualized distribution rate of approximately 9.34%.

Portfolio Pulse from

November 11, 2024 | 9:30 pm

ACP

AGD

AOD

ASGI

AWP

FAX

FCO

HQH

HQL

IAF

IFN

JEQ

THQ

THW

VFL

abrdn U.S. Closed-End Funds have announced distribution payment details for several funds, with payments scheduled for November 29, 2024, and January 10, 2025, depending on the fund.

Portfolio Pulse from

November 11, 2024 | 9:30 pm

ABBV

AbbVie shares fell nearly 10% after its schizophrenia drug emraclidine failed in late-stage trials. Despite this, the market reaction seems excessive, and the stock is seen as a buying opportunity due to its dividend yield and strong drug pipeline.

Portfolio Pulse from

November 11, 2024 | 9:00 pm

BGH

The Barings Global Short Duration High Yield Fund (NYSE: BGH) announced a monthly dividend of $0.1223 per share for November 2024, with an annualized yield of 9.56%. The dividend is expected to be paid from net investment income.

Portfolio Pulse from

November 11, 2024 | 8:45 pm

FSCO

FS Credit Opportunities Corp. (FSCO) has achieved a 28% total return over the past year, focusing on senior secured debt. The fund's discount to NAV has narrowed, with potential for further narrowing or a shift to a premium due to strong performance. Its high dividend yield, above 11%, and increasing dividends are key factors attracting investors.

Portfolio Pulse from

November 11, 2024 | 8:30 pm

FNF

Fidelity National Financial (FNF) has announced a 4% increase in its dividend, reflecting its ongoing commitment to returning profits to shareholders.

Portfolio Pulse from

November 11, 2024 | 5:45 pm

BGT

The BlackRock Floating Rate Income Trust (BGT) is likely to cut its distribution due to expected Federal Reserve interest rate reductions. Despite a high yield, the fund's recent performance has lagged, and its net asset value has declined.

Portfolio Pulse from

November 11, 2024 | 5:15 pm