Streetbeat News

Dividends

HBNC

HTBK

Horizon Bancorp (NASDAQ:HBNC) is distributing a dividend of $0.16 per share with an annualized yield of 4.70%. The dividend is for shareholders who held the stock before January 04, 2024. The company has shown a positive trend in dividend per share growth from $0.48 in 2020 to $0.64 in 2023, and earnings per share growth from $1.42 in 2020 to $1.69 in 2023, indicating a strong financial health and commitment to enhancing shareholder value. Heritage Commerce (NASDAQ:HTBK) has the highest annualized dividend yield in the industry at 5.59%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 3:05 pm

RY

Royal Bank of Canada (NYSE:RY) announced a quarterly dividend of $1.38 per share, with the ex-dividend date set for Wednesday. Shareholders owning RY stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on February 23, 2024. The stock is expected to open $1.38 lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

VSEC

VSE Corporation (NASDAQ:VSEC) announced a quarterly dividend of 10 cents per share, with Wednesday being the ex-dividend date. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on February 8, 2024. The stock is expected to open 10 cents lower on Wednesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

GBX

Greenbrier Companies (NYSE:GBX) announced a quarterly dividend of 30 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning GBX stock by the end of Tuesday's session will be eligible for the dividend, to be paid on February 15, 2024. The stock is expected to open 30 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

LKFN

Lakeland Financial (NASDAQ:LKFN) announced a quarterly dividend of 48 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, likely opening 48 cents lower to reflect the payout. Shareholders owning the stock by the end of Tuesday will receive the dividend on February 05, 2024.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

MMC

Marsh & McLennan (NYSE:MMC) has announced a quarterly dividend of 71 cents per share, with the ex-dividend date set for Wednesday. Investors must own the stock before this date to be eligible for the dividend, which will be paid out on February 15, 2024. The stock is expected to open 71 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:45 pm

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