Streetbeat News

Dividends

KLIC

Kulicke & Soffa Indus (NASDAQ:KLIC) is set to distribute a dividend of $0.20 per share on January 9, 2024, with an annualized yield of 1.71%. The ex-dividend date was December 20, 2023. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating a strong financial health and potential for continued profit distribution to shareholders.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:05 pm

CALM

JJSF

J&J Snack Foods (NASDAQ:JJSF) has announced a dividend distribution of $0.73 per share with an annualized yield of 1.80%. The dividend is payable to shareholders who held the stock before the ex-dividend date of December 18, 2023. The company has shown a positive trend in dividend per share growth from $2.30 in 2020 to $2.87 in 2023, and earnings per share growth from $1.26 to $4.50 over the same period. This indicates a strong financial health and a commitment to rewarding shareholders, positioning JJSF as an attractive option for income-seeking investors. Cal-Maine Foods (NASDAQ:CALM) has the highest annualized dividend yield in the industry at 5.58%.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:05 pm

BDC

GLW

Belden (NYSE:BDC) is issuing a dividend of $0.05 per share with an annualized yield of 0.30% for shareholders recorded before December 13, 2023. Despite a consistent dividend since 2020, Belden's yield lags behind industry peers like Corning (NYSE:GLW), which has a yield of 3.58%. However, Belden's steady earnings growth from $3.05 to $7.12 per share from 2020 to 2023 indicates a strong financial position and potential for future dividend increases.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:05 pm

GMRE

MPW

Global Medical REIT (NYSE:GMRE) is distributing a dividend of $0.21 per share with an annualized yield of 8.06%. The dividend went ex-dividend on December 26, 2023, and is payable on January 9, 2024. The company has shown a positive trend in dividend growth from $0.80 to $0.84 per share from 2020 to 2023, and earnings per share have increased from $0.83 to $0.93 in the same period. Medical Properties Trust (NYSE:MPW) has the highest annualized dividend yield among industry peers at 25.96%.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 3:05 pm

RSF

RiverNorth Capital (NYSE:RSF) announced a monthly dividend of 13.98 cents per share, with Thursday being the last day for investors to be eligible for the next payout. The stock will go ex-dividend on Friday, likely opening 13.98 cents lower to reflect the payout. Eligible shareholders as of Thursday's close will receive the dividend on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 2:46 pm

RIV

Rivernorth Opps Fund (NYSE:RIV) announced a monthly dividend of 12.89 cents per share, with the ex-dividend date set for Friday. Shareholders owning RIV by the end of Thursday's session will be eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 12.89 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 2:45 pm

CFBK

CF Bankshares (NASDAQ:CFBK) announced a quarterly dividend of 6 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, likely opening 6 cents lower. The dividend is payable on January 29, 2024, to shareholders who own the stock by the end of Thursday's session.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 2:45 pm

PFLT

PennantPark Floating Rate (NYSE:PFLT) will go ex-dividend on Friday, with shareholders as of Thursday's close eligible for a dividend payout of 10.25 cents per share. The stock is expected to open lower by the dividend amount on the ex-dividend date. The dividend is scheduled to be paid on February 01, 2024.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 2:45 pm

PNNT

Pennant Park Investment (NYSE:PNNT) announced a monthly dividend of 7 cents per share, with the ex-dividend date set for Friday. Shareholders owning PNNT stock by the end of Thursday are eligible for the dividend, which will be paid on February 1, 2024. The stock is expected to open 7 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 2:45 pm

EME

EMCOR Group (NYSE:EME) announced a quarterly dividend of 18 cents per share, with the ex-dividend date set for Friday. Shareholders owning EME stock by the end of Thursday are eligible for the dividend, payable on January 31, 2024. The stock is expected to open 18 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 2:45 pm