Streetbeat News

Dividends

CMC

VALE

Commercial Metals (NYSE:CMC) announces a dividend payout of $0.16 per share with an annualized yield of 1.31%, indicating a steady return to shareholders. The company has shown consistent dividend growth from $0.48 in 2020 to $0.64 in 2023, alongside an increase in earnings per share from $2.64 in 2020 to $7.39 in 2023. This financial health suggests the potential for sustained dividend distributions. Vale (NYSE:VALE) leads the industry with a 9.25% annualized dividend yield.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 3:05 pm

UBFO

UNB

Union Bankshares (NASDAQ:UNB) maintains its dividend payout of $0.36 per share, with an annualized yield of 4.51%, despite a decrease in earnings from $2.62 in 2020 to $2.58 in 2023. The company's dividend per share has shown a positive trend, increasing from $1.28 in 2020 to $1.44 in 2023. This strategy indicates a focus on rewarding shareholders amidst declining earnings. United Security (NASDAQ:UBFO) is mentioned as having the highest annualized dividend yield among peers at 5.87%.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 3:05 pm

DB

Deutsche Bank AG (NYSE:DB) announced it will cut 3,500 jobs, primarily in back-office roles, as part of an efficiency drive. This move, representing about 4% of its global workforce, is accompanied by plans for share buybacks and dividends. The bank aims to reassure investors of its recovery, focusing more on its retail division, which has been the main revenue driver since 2023. Despite exceeding Q4 expectations, Deutsche Bank faces challenges, including regulatory scrutiny and a potentially difficult 2024 due to anticipated interest rate cuts.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 2:54 pm

CHMG

ENVA

FDUS

HBT

OSBC

The article highlights notable value stocks in the financial services sector, focusing on companies with low P/E multiples, indicating potential undervaluation. It lists HBT Financial, Old Second Bancorp, Enova International, Chemung Financial, and Fidus Investment, providing recent financial metrics such as earnings per share and dividend yields, which show a mix of increases and decreases in these figures.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:48 pm

DHF

BNY Mellon High Yield (NYSE:DHF) announced a monthly dividend payout of 1.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning DHF by the end of Monday's session will be eligible for the dividend, to be paid on February 22, 2024. The stock is expected to open 1.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:46 pm

FBMS

First Bancshares (NASDAQ:FBMS) announced a quarterly dividend of 25 cents per share, going ex-dividend on Tuesday. Shareholders owning the stock by Monday are eligible for the payout on February 23, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:45 pm

NFBK

Northfield Bancorp (NASDAQ:NFBK) announced a quarterly dividend of 13 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning NFBK stock by the end of Monday are eligible for the dividend, payable on February 21, 2024. The stock is expected to open 13 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:45 pm

WTBA

West Bancorp (NASDAQ:WTBA) announced a quarterly dividend of 25 cents per share, with Monday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Tuesday, likely opening 25 cents lower. The dividend payout is scheduled for February 21, 2024.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:45 pm

KRNY

Kearny Financial (NASDAQ:KRNY) announced a quarterly dividend of 11 cents per share, going ex-dividend on Tuesday. Shareholders owning the stock by Monday are eligible for the payout on February 21, 2024. The stock is expected to open 11 cents lower on Tuesday.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:45 pm

INTC

Intel (NASDAQ:INTC) announced a quarterly dividend of 12.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning INTC by the end of Monday are eligible for the dividend, payable on March 01, 2024. The stock is expected to open 12.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:45 pm