Streetbeat News

Dividends

OKE

ONEOK (NYSE:OKE) has announced that shareholders owning the stock before the ex-dividend date on Monday will be eligible for a quarterly dividend payout of 99 cents per share. The stock is expected to open 99 cents lower on the ex-dividend date to reflect the payout. The dividend will be paid on February 14, 2024. Friday is the last chance for investors to buy the stock and receive the dividend.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:45 pm

AZZ

AZZ (NYSE:AZZ) announced a quarterly dividend of 17 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the payout, which will be distributed on February 07, 2024. The stock is expected to open 17 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:45 pm

CRS

Carpenter Tech (NYSE:CRS) announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Monday. Shareholders owning CRS stock by the end of Friday are eligible for the dividend, to be paid on March 07, 2024. The stock is expected to open 20 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:45 pm

AAL

ATKR

MDU

TWI

UAL

Benzinga Insights identifies value stocks in the industrials sector with low P/E ratios, suggesting potential undervaluation. American Airlines (AAL), MDU Resources (MDU), United Airlines (UAL), Titan Intl (TWI), and Atkore (ATKR) are highlighted. AAL and UAL saw decreases in EPS, while MDU maintained its EPS. TWI and ATKR also experienced EPS declines. Dividend yields have increased for AAL, MDU, and TWI. Investing in value stocks carries the risk that they may not rebound.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:41 pm

BEPC

OPAL

SPH

TAC

Benzinga Insights identifies five value stocks in the utilities sector based on low P/E ratios and recent financial performance. Hawaiian Electric Indus (HE) reported increased EPS and a slight dividend yield rise. TransAlta (TAC) showed a significant EPS increase but a slight dividend yield decrease. OPAL Fuels (OPAL) improved its EPS. Brookfield Renewable (BEPC) reported a negative EPS and an increased dividend yield. Suburban Propane Partners (SPH) had a decrease in EPS and dividend yield.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:38 pm

CBRL

LEG

WHR

The article highlights three consumer discretionary stocks with high dividend yields, as rated by Wall Street's most accurate analysts according to Benzinga's Analyst Stock Ratings. Leggett & Platt (LEG) has a dividend yield of 7.75% but faces a restructuring plan and workforce reduction. Cracker Barrel (CBRL) offers a 6.89% yield but reported worse-than-expected Q1 results. Whirlpool (WHR) has a 6.27% yield and plans to sell part of its stake in Whirlpool India in 2024.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:29 pm

AAPL

Apple Inc. (AAPL) is set to release its Q1 earnings on Feb. 1, 2024, with expected earnings of $2.10 per share on revenue of $118.03 billion. The company is also dealing with a lawsuit in the U.K. over App Store charges and has launched iOS 17.3 with new features. Apple's current dividend yield is 0.49%, with a quarterly dividend of 24 cents per share. To earn $500 a month in dividends, an investor would need to own approximately 6,250 shares, valued at $1,219,875. The article also explains how dividend yield fluctuates with stock price and dividend payments. AAPL shares rose 0.7% to close at $195.18 on Tuesday.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 12:57 pm

Stifel Financial has announced a 17% increase in its quarterly dividend, raising it to $0.42 per common share, which will take effect in the first quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 12:05 pm

KMB

Kimberly-Clark has announced a 3.4% increase in its quarterly dividend, raising it from $1.18 to $1.22 per share. The new dividend will be payable on April 2, 2024, to shareholders of record as of March 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 12:03 pm

HBT

HBT Financial has announced an increase in its quarterly cash dividend from $0.17 to $0.19 per share, payable on February 13, 2024, to shareholders of record as of February 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:52 am