Streetbeat News

Dividends

TEL

TE Connectivity Ltd reported Q1 orders of $3.8B, a 4% increase YoY. Net sales were $3.83B, flat YoY and down 1% organically. GAAP EPS was $5.76, boosted by a tax benefit, while adjusted EPS rose 20% to $1.84. Operating margins reached 18.2%, with adjusted margins at 19.1%. Record cash flow from operations was $719M and free cash flow was $570M. The company deployed $1B in capital, including $600M to shareholders and $350M for acquiring Schaffner.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:06 am

ELV

Elevance Health has announced a 10.1% increase in its quarterly dividend, raising it to $1.63 per share.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:05 am

LPG

Dorian LPG has announced an irregular cash dividend of $1.00 per share, totaling approximately $40.6 million, payable on February 27, 2024, to shareholders on record as of February 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:01 am

LBRT

Liberty Energy Inc. (LBRT) has increased its share repurchase authorization to $750 million, up from the previous $500 million, and extended the program through July 31, 2026. The company has repurchased 21.9 million shares for approximately $328 million to date. Additionally, Liberty Energy declared a quarterly cash dividend of $0.07 per share, payable on March 20, 2024, to shareholders of record as of March 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 6:30 am

ASML

ASML has announced an interim dividend of €1.45 per share, payable on February 14, 2024. The company plans to declare a total dividend of €6.10 per share for 2023, a 5.2% increase from 2022. No shares were purchased in Q4 under the 2022-2025 share buyback program.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 6:18 am

FHN

First Horizon announced a plan to repurchase up to $650M of its common stock and declared a quarterly dividend of $0.15 per share, payable on April 1, 2024, to shareholders of record as of March 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 10:56 pm

OGS

ONE Gas, Inc. has announced an increase in its quarterly dividend from $0.65 to $0.66 per share, reflecting a commitment to providing shareholder value.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:20 pm

CDRE

Cadre Holdings, which is likely represented by the symbol CDRE, has announced an increase in its quarterly dividend from $0.08 to $0.0875 per share.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:19 pm

CNI

Canadian National Railway (CNI) has increased its quarterly dividend from $0.79 to $0.845 per share, signaling confidence in its financial stability and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:09 pm

SPGI

S&P Global (NYSE:SPGI) has announced a 1.1% increase in its regular quarterly cash dividend, raising it from $0.90 to $0.91 per share. This marks the company's continued tradition of paying dividends annually since 1937 and increasing them for at least 51 consecutive years. The new dividend will be payable on March 12, 2024, to shareholders of record as of February 27, 2024, resulting in an annualized dividend rate of $3.64 per share.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 8:28 pm