Streetbeat News

Dividends

ARLP

EPSN

NFG

PBA

TNP

The article discusses the concept of value stocks, particularly in the energy sector. It lists five energy companies: National Fuel Gas (NFG), Pembina Pipeline (PBA), Alliance Res Partners (ARLP), Epsilon Energy (EPSN), and Tsakos Energy Navigation (TNP) as notable value stocks based on their low P/E multiples. The article also provides recent earnings per share and dividend yield data for these companies.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 2:39 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) reported stronger-than-expected fiscal first-quarter results with a 13% YoY revenue increase to $56.5 billion, beating the consensus estimate of $51.4 billion. The company's quarterly earnings were $2.99 per share, exceeding expectations of $2.50 per share. Microsoft offers an annual dividend yield of 0.88%, which equates to a quarterly dividend of 75 cents per share. To earn $500 per month from dividends, an investment of approximately $681,340 or around 2,000 shares is needed.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 1:01 pm

ACCO

MMM

SBLK

Three industrial stocks with over 6% dividend yields have been highlighted by Wall Street's most accurate analysts. These include Star Bulk Carriers Corp. (SBLK) with a dividend yield of 13.55%, 3M Company (MMM) with a yield of 6.71%, and ACCO Brands Corporation (ACCO) with a yield of 6.06%. Recent news for these companies include a share repurchase agreement for SBLK, better-than-expected Q3 results and raised FY23 guidance for MMM, and an upcoming Q3 earnings release for ACCO.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 12:59 pm

KIM

Kimco Realty's board of directors has declared a quarterly cash dividend on common shares of $0.24 per share, a 4.3% increase from the previous dividend of $0.23 per share. The dividend will be payable on December 21, 2023, to shareholders of record on December 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:23 am

SAH

Sonic Automotive's Board of Directors has approved a 3.4% increase in the company's quarterly cash dividend, raising it from $0.29 to $0.30 per share. The dividend will be payable on January 12, 2024, to all stockholders of record on December 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:09 am

LKQ

LKQ Corporation has announced a 9% increase in its quarterly cash dividend to $0.30 per share, payable on November 30, 2023. This is the company's second consecutive year of increased cash dividends. The increase reflects the Board's confidence in the company's ability to generate robust free cash flow and drive long-term value for stockholders.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:59 am

MPC

Marathon Petroleum Corp. has announced a 10% increase in its quarterly dividend to $0.825 per share. The company has also authorized a $5 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 9:05 pm

AMSF

AMERISAFE, Inc. (NASDAQ:AMSF), a provider of workers' compensation insurance, has declared a special cash dividend of $3.50 per share, payable on December 15, 2023, to shareholders of record as of December 1, 2023. The company also declared a regular quarterly dividend of $0.34 per share, payable on the same dates. Over the past eleven years, the company has declared $42.89 per share in dividends, including $9.64 in regular dividends and $33.25 in special dividends.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:58 pm

SIRI

SiriusXM has announced a 10% increase in its quarterly cash dividend to $0.0266 per share.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:42 pm

EQIX

Equinix has increased its quarterly cash dividend by 25% to $4.26 per share on its common stock due to continued strong operating performance.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:42 pm