Streetbeat News

Dividends

WTTR

Select Water Solutions (WTTR) has announced a 20% increase in its quarterly cash dividend from $0.05 to $0.06 per share. The dividend will be paid on November 17, 2023, to holders of record as of the close of business on November 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:55 pm

FIX

Comfort Systems has announced an increase in its dividend from $0.225 to $0.25.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:50 pm

ROK

Rockwell Automation, Inc. (NYSE:ROK) has increased its quarterly dividend from $1.18 to $1.25 per share on its common stock. The dividend will be payable on Dec. 11, 2023, to shareholders of record as of Nov. 13, 2023. The increase reflects the company's strong operating performance and commitment to returning profits to shareholders.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:50 pm

HIG

Hartford Financial Services Group has increased its quarterly dividend from $0.4250 to $0.47 per share. The company returned $481 million to stockholders in the third quarter, including $350 million of shares repurchased and $131 million in common stockholder dividends paid.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:21 pm

VLO

Valero Energy Corp reported a Q3 FY23 revenue decline of 13.6% YoY to $38.404 billion, missing the consensus of $38.495 billion. However, EPS was $7.49, up from $7.14 a year ago, beating the consensus of $7.47. The company returned $2.2 billion to stockholders, with $1.8 billion used for the purchase of ~13 million shares of common stock. The Sustainable Aviation Fuel (SAF) project at the DGD Port Arthur plant remains on schedule and is expected to be completed in 2025.

Portfolio Pulse from Akanksha Bakshi

October 26, 2023 | 7:21 pm

VALE

Vale has announced a share buyback program of up to 150 million common shares to be carried out over 18 months. Additionally, the company will distribute 2.331661567 Reais per share to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 7:18 pm

TXT

Textron Inc (NYSE:TXT) reported Q3 FY23 sales growth of $3.34 billion, missing the consensus of $3.476 billion, but adjusted EPS of $1.49 beat the consensus of $1.29. The company saw strong growth in its Aviation sector, with revenues of $1.3 billion, up $171 million Y/Y. The company also declared a quarterly dividend per share of $0.02, payable on January 1, 2024. In Q3, Textron returned $235 million to shareholders through share repurchases. The company raised its FY23 outlook, expecting adjusted EPS from continuing operations of $5.45 to $5.55.

Portfolio Pulse from Lekha Gupta

October 26, 2023 | 4:59 pm

TRN

WNC

Wabash National (NYSE:WNC) is distributing a dividend payout of $0.08 per share, demonstrating an annualized dividend yield of 1.44%. The company has maintained a dividend per share of $0.32 from 2019 to 2022. However, there has been a decrease in Wabash National's earnings per share, declining from $1.67 in 2019 to $1.50 in 2022. Trinity Industries (NYSE:TRN) has the highest annualized dividend yield at 5.17% among its industry peers.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 3:05 pm

GEN

ORCL

Oracle (NYSE:ORCL) is set to distribute a dividend payout of $0.40 per share on October 26, 2023, equating to an annualized dividend yield of 1.27%. The company has shown an upward trajectory in its dividend per share from $0.96 to $1.28 between 2019 and 2022, and an increase in earnings from $3.74 per share to $4.91 per share over the same period. Gen Digital (NASDAQ:GEN) has the highest annualized dividend yield at 3.03% among Oracle's industry peers.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 3:05 pm

NGVC

VLGEA

Village Super Market (NASDAQ:VLGEA) will issue a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 4.48%. The company has maintained a stable dividend per share of $1.00 from 2019 to 2022. The earnings per share have increased from $1.39 in 2019 to $2.66 in 2022, indicating a favorable financial position. Village Super Market has the highest dividend yield among its industry peers, outshining Natural Grocers (NYSE:NGVC), which has an annualized dividend yield of 3.22%.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 3:05 pm