Streetbeat News

Dividends

DSL

DoubleLine Inc Solns Fund (NYSE:DSL) announced a monthly dividend of 11 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning DSL by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 11 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

CODI

Compass Diversified Holdings (NYSE:CODI) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on January 25, 2024. The stock is expected to open 25 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

ADM

CALM

IMKTA

SANW

STG

Benzinga Insights has identified five value stocks in the consumer defensive sector based on low P/E multiples, suggesting they may be undervalued. The stocks include Cal-Maine Foods (CALM), Ingles Markets (IMKTA), Sunlands Technology (STG), S&W Seed (SANW), and Archer-Daniels Midland (ADM). The article provides recent financial performance details such as earnings per share and dividend yields, indicating potential growth prospects for these companies.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:40 pm

ALB

AMR

CMC

UAN

The article provides an overview of notable value stocks in the basic materials sector, highlighting their low P/E ratios as an indication of potential undervaluation. It lists FutureFuel (FF), Commercial Metals (CMC), CVR Partners (UAN), Alpha Metallurgical (AMR), and Albemarle (ALB), detailing their recent earnings per share and changes in dividend yields. The article suggests that while value stocks may be undervalued, there is a risk they may not rebound.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:39 pm

BROS

EXEL

FNV

GOLD

PAGP

PARA

RYAAY

UEC

UNFI

Jim Cramer shared his opinions on several stocks during CNBC's 'Mad Money Lightning Round.' He praised Franco-Nevada Corporation (FNV) as a great way to own gold and expressed a personal preference for Barrick Gold Corporation (GOLD). Cramer recommended buying Plains GP Holdings (PAGP) for its dividend but then selling it. He reiterated support for Uranium Energy Corp. (UEC) as a profitable pure play uranium company. Cramer was disappointed with Dutch Bros Inc. (BROS) for their rapid expansion and advised them to slow down. He complimented Ryanair Holdings (RYAAY) as well-run, criticized Paramount Global's (PARA) balance sheet, called Exelixis, Inc. (EXEL) a good speculative investment, and suggested that United Natural Foods, Inc. (UNFI) is not going to improve soon. The article also reported the recent price actions of these stocks.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 1:47 pm

WIT

Wipro's stock price has increased following the announcement of their Q3 financial results, future guidance, and the declaration of an interim dividend.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 1:38 pm

OGN

PFE

VTRS

The article discusses three high-yielding dividend stocks in the health care sector, recommended by Wall Street's most accurate analysts. Organon & Co. (OGN) has a dividend yield of 6.65% and recent news of a new prescription product. Pfizer Inc. (PFE) offers a 5.92% yield and has a new EC-approved cancer treatment. Viatris Inc. (VTRS) yields 3.97% and recently appointed a new CFO. Analyst ratings and price targets for these stocks have been updated, with some ratings downgraded and price targets adjusted.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 1:26 pm

BLK

BlackRock Inc (NYSE:BLK) reported a 7% year-over-year increase in Q4 FY23 revenue, with a slight beat over consensus. The company saw growth in investment advisory, administration fees, and technology services revenue. Adjusted operating income and EPS also rose, with EPS beating expectations. BlackRock announced a dividend increase and share repurchases. The firm plans to acquire Global Infrastructure Partners, which is expected to be accretive to earnings and operating margin. Despite the positive report, BLK shares traded slightly lower in premarket.

Portfolio Pulse from Lekha Gupta

January 12, 2024 | 12:41 pm

BLK

Blackrock's Board of Directors has approved a 2% increase in the quarterly cash dividend to $5.10 per share, which will be payable on March 22, 2024, to shareholders of record as of March 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 11:02 am

WIT

Wipro Limited has announced an interim dividend of ₹1 ($0.0121) per equity share/ADS for its shareholders.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 10:44 am