Streetbeat News

Dividends

BWOFY

BW Offshore Limited announced key information regarding its cash dividend for Q3 2024, following its Q3 2024 Presentation on November 15, 2024.

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November 15, 2024 | 7:00 am

BWOFY

BW Offshore reported its third quarter 2024 results, highlighting an EBITDA of USD 83 million and a net profit of USD 13 million. The company declared a cash dividend of USD 0.0625 per share. The Barossa FPSO project is 90% complete, with full-year EBITDA expectations increased to USD 315-320 million.

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November 15, 2024 | 6:45 am

ECO

Okeanis Eco Tankers Corp. announced that its shares will trade ex-dividend on the Oslo Stock Exchange from November 15, 2024, and on the New York Stock Exchange from November 18, 2024, with a dividend of USD 0.45 per common share.

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November 15, 2024 | 5:15 am

BXSL

Blackstone Secured Lending Fund (BXSL) is highlighted as a top Business Development Company (BDC) due to its strong dividend coverage, low non-accrual ratio, and a 15% premium to NAV. Its diversified investment portfolio and high excess portfolio income support a safe 10% yield and potential dividend increases.

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November 15, 2024 | 3:00 am

AM

Antero Midstream is expected to generate significant free cash flow after dividends in Q4 2024, potentially enabling it to start share repurchases. This, along with lower interest costs and CPI-based fee adjustments, could boost its free cash flow per share.

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November 15, 2024 | 2:30 am

STWD

Starwood Property's Q3 earnings slightly exceeded expectations, but concerns remain due to a weak dividend coverage ratio. The REIT's strong liquidity and diversified portfolio are positive, but the 1.0X dividend coverage ratio indicates potential risks.

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November 15, 2024 | 2:15 am

CCOI

Eight dividend contenders are set to increase their dividends this week, with an average increase of 7.1%. The strategy focuses on companies with consistent dividend growth and outperformance. The list is based on U.S. Dividend Champions and NASDAQ data.

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November 15, 2024 | 1:15 am

ET

Energy Transfer's Q3 2024 results reveal record volumes and a 12% YoY increase in adjusted EBITDA, driven by growth investments and strong DCF. The company is well-positioned for future growth with a robust dividend yield and careful debt management.

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November 15, 2024 | 1:00 am

MBI

MBIA is expected to deliver a significant dividend in 2025, similar to the one in December 2023, due to its $1.6B claim paying resources. The corporate structure allows for dividends without insurance regulators' approval, benefiting shareholders.

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November 15, 2024 | 1:00 am