Streetbeat News

Dividends

CATC

Cambridge (NASDAQ:CATC) announced a quarterly dividend of 67 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 67 cents lower. The dividend payout is scheduled for February 22, 2024.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:45 pm

SSBI

Summit State Bank (NASDAQ:SSBI) announced a quarterly dividend of 12 cents per share, with Tuesday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Wednesday, likely opening 12 cents lower. The dividend is scheduled for payment on February 15, 2024.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:45 pm

GNLN

HLF

MO

SENEB

STG

Benzinga Insights has identified 5 value stocks in the consumer defensive sector based on low P/E multiples, indicating undervaluation. The stocks include Greenlane Hldgs (GNLN), Seneca Foods (SENEB), Sunlands Technology (STG), Altria Group (MO), and Herbalife (HLF), each showing varied earnings per share and dividend yields in recent quarters.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:40 pm

ASIX

MT

SQM

SUZ

VALE

Benzinga Insights identifies notable value stocks in the basic materials sector based on low P/E ratios. Sociedad Quimica Y Minera (SQM), Vale (VALE), ArcelorMittal (MT), Suzano (SUZ), and AdvanSix (ASIX) are highlighted for their valuation. SQM and Vale reported changes in earnings per share and dividend yields, with SQM's dividend yield increasing significantly. ArcelorMittal, Suzano, and AdvanSix also saw changes in earnings per share, with Suzano and AdvanSix reporting decreases.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 2:38 pm

PXD

XOM

Exxon Mobil Corp (NYSE:XOM) exceeded Q4 FY23 earnings expectations with a net profit of $9.96 billion, despite a revenue decline to $84.34 billion from $95.43 billion, missing estimates. The company announced significant ventures, including the acquisition of Pioneer Natural Resources Co (NYSE:PXD) and the launch of Mobil Lithium for EV supply. Exxon also declared a Q1 dividend increase, continuing its 41-year streak of annual dividend growth.

Portfolio Pulse from Lekha Gupta

February 02, 2024 | 2:04 pm

UG

United-Guardian has announced an increase in its dividend from $0.10 to $0.25, signaling a positive outlook and financial strength.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:01 pm

KNX

Knight-Swift Transportation Holdings Inc. has announced an increase in its quarterly dividend from $0.14 to $0.16.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:01 pm

EMN

SON

TROX

Wall Street's most accurate analysts have recommended three high-dividend yielding stocks in the materials sector: Sonoco Products Company (SON), Eastman Chemical Company (EMN), and Tronox Holdings plc (TROX). SON plans to sell its protective solutions packaging business for $80 million. EMN posted better-than-expected Q4 earnings. TROX reported a 26% decrease in Q3 revenue compared to the previous year.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:42 pm

FANG

META

PYPL

SNAP

TSM

UBER

On CNBC's 'Halftime Report Final Trades,' experts highlighted their picks ahead of tech earnings. Josh Brown focused on Uber Technologies, anticipating its results. Bryn Talkington recommended Diamondback Energy, noting a recent analyst adjustment. Steve Weiss favored Taiwan Semiconductor Manufacturing, mentioning its expansion plans. Sarat Sethi chose Meta Platforms, highlighting its strong quarterly results and financial moves. The article also provided recent price actions for these companies and others mentioned.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:39 pm

AMZN

META

TEAM

Meta and Amazon shares surged following better-than-expected Q4 financial results, with Meta also initiating a dividend and increasing its share repurchase authorization. Atlassian shares fell after reporting Q2 results.

Portfolio Pulse from ryanfaloona@benzinga.com

February 02, 2024 | 1:37 pm