Streetbeat News

Dividends

KALU

Kaiser Aluminum (NASDAQ:KALU) has announced a quarterly dividend of 77 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning KALU stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on February 15, 2024. The stock is expected to open 77 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

REPX

Riley Exploration Permian (AMEX:REPX) announced a quarterly dividend of 36 cents per share, with Tuesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Wednesday, which means it will likely open 36 cents lower. Shareholders owning the stock by the end of Tuesday will receive the dividend on February 08, 2024.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

ACI

IH

PRDO

SANW

SENEB

The article lists 5 value stocks in the consumer defensive sector with low P/E ratios, indicating potential undervaluation. The stocks are Perdoceo Education (PRDO), iHuman (IH), S&W Seed (SANW), Seneca Foods (SENEB), and Albertsons Companies (ACI). All companies have experienced an increase in earnings per share this quarter. Albertsons also reported a slight decrease in dividend yield. The selection was made by Benzinga Insights using quantified analysis.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:40 pm

BVN

CBT

CLW

MT

VALE

Benzinga Insights has identified five value stocks in the basic materials sector based on low P/E ratios, indicating potential undervaluation. The stocks include Clearwater Paper (CLW), ArcelorMittal (MT), Vale (VALE), Compañía de Minas (BVN), and Cabot (CBT). The article provides recent earnings per share data and dividend yield changes for these companies, suggesting their financial performance and shareholder returns.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:39 pm

T

AT&T Inc. (NYSE:T) is anticipated to report Q4 earnings of 56 cents per share on revenue of $31.48 billion. The stock faced pressure after an EPA inquiry into lead-sheathed cables. AT&T's dividend yield is 6.77%, with a quarterly dividend of 27.75 cents per share. To earn $500 monthly in dividends, an investor would need 5,405 shares, valued at $88,642. For $100 monthly, 1,081 shares or $17,728 is required. Dividend yields fluctuate with stock price and dividend changes. AT&T shares dropped 0.1% to $16.40 recently.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:32 pm

NVO

Novo Holdings, the main owner of Novo Nordisk A/S (NYSE:NVO), plans to use dividends from NVO's successful weightloss drugs Ozempic and Wegovy for strategic investments, particularly in Asia. Despite challenges such as interest rates and geopolitics, Novo Holdings is set for an active dealmaking role, with its annual payout expected to nearly double. NVO's share price saw a slight decrease in premarket trading.

Portfolio Pulse from Vandana Singh

January 19, 2024 | 1:30 pm

HST

RHP

UDR

Wall Street's most accurate analysts recommend buying three real estate stocks with high dividend yields: Ryman Hospitality Properties, Inc. (RHP), Host Hotels & Resorts, Inc. (HST), and UDR, Inc. (UDR). These stocks are considered attractive during market uncertainty due to their strong dividend payouts. RHP has a dividend yield of 3.91% and received a price target increase from Truist Securities and Wells Fargo. HST, with a 3.31% yield, was upgraded by B of A Securities and initiated with a Buy rating by HSBC. UDR offers a 4.51% yield but had its price target cut by Keybanc and JP Morgan after reporting disappointing Q3 revenue and a lowered FY23 AFFO guidance.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:29 pm

RPRX

Royalty Pharma has announced an increase in its quarterly dividend from $0.20 to $0.21 per share.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 1:23 pm

RPRX

Royalty Pharma has announced an increase in its quarterly dividend from $0.17 to $0.21, which is a 5% increase from the previous quarter's dividend.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 1:16 pm

DFS

Discover Financial Services (NYSE:DFS) reported a significant drop in Q4 profit by 62%, with earnings of $1.54 per share missing the expected $2.52. Revenue exceeded estimates at $4.196 billion. Loans grew by 15% year-over-year, and the net charge-off rate was 4.11%. The company declared semi-annual dividends for its Series C and D stock. Following the earnings report, DFS shares fell by 10.8%, and analysts from Barclays and HSBC revised their price targets downward, with HSBC also downgrading the stock from Buy to Hold.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 12:25 pm