Streetbeat News

Dividends

LLY

NVO

Eli Lilly And Co (NYSE:LLY) has launched a new website, LillyDirect, to facilitate home delivery of weight loss medications, including the FDA-approved Zepbound (tirzepatide) for obesity treatment. The service extends to diabetes and migraine treatments, with medications like Emgality and insulin available for delivery. The company also issued an open letter about the use of its drugs for serious diseases, not cosmetic weight loss. A study showed Eli Lilly's Mounjaro (tirzepatide) was more effective than Novo Nordisk A/S's (NYSE:NVO) Ozempic (semaglutide) for weight loss. Eli Lilly also increased its quarterly dividend by 15%, indicating financial strength. LLY shares rose 1.49% to $626.88.

Portfolio Pulse from Vandana Singh

January 04, 2024 | 5:21 pm

WBA

Walgreens Boots Alliance Inc (WBA) reported Q1 FY24 sales of $36.7 billion, a 10% increase year-over-year, surpassing expectations. Adjusted operating income fell 33% to $687 million, and adjusted EPS dropped 43.1% to $0.66, still beating estimates. Comparable sales in U.S. retail pharmacy rose 8.1%, but total prescriptions filled remained flat. WBA cut its quarterly dividend by 48% to $0.25 per share. The company reaffirmed its FY24 adjusted EPS guidance of $3.20-$3.50, with U.S. Healthcare adjusted EBITDA expected to break even. WBA shares fell 9.80% to $23.07.

Portfolio Pulse from Vandana Singh

January 04, 2024 | 3:27 pm

FCNCA

FUNC

IBCP

MAIN

SBFG

The article highlights five value stocks in the financial services sector with low price-to-earnings (P/E) multiples, suggesting they may be undervalued. The stocks mentioned are Independent Bank (IBCP), First United (FUNC), Main Street Capital (MAIN), SB Financial Group (SBFG), and First Citizens BancShares (FCNCA). The article provides recent earnings per share (EPS) data and dividend yield changes for each company, indicating their financial performance and shareholder returns.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:47 pm

GIS

General Mills (NYSE:GIS) has announced that shareholders owning the stock by the end of Monday's session will be eligible for a quarterly dividend payout of 59 cents per share. The ex-dividend date is Tuesday, and the stock is expected to trade lower by the dividend amount. The dividend will be paid on February 01, 2024.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:46 pm

BRC

Brady (NYSE:BRC) announced a quarterly dividend of 23.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning BRC stock by the end of Monday are eligible for the dividend, to be paid on January 31, 2024. The stock is expected to open 23.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

INTU

Intuit (NASDAQ:INTU) has announced a quarterly dividend of 90 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning INTU stock by the end of Monday's session will be eligible for the dividend, which will be paid on January 18, 2024. The stock is expected to open 90 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

TD

Toronto-Dominion Bank (NYSE:TD) announced a quarterly dividend of $1.02 per share, with Monday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Tuesday, likely opening $1.02 lower to reflect the payout. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

IDCC

InterDigital (NASDAQ:IDCC) has announced a quarterly dividend of 40 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid on January 24, 2024. The stock is expected to open 40 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

T

AT&T (NYSE:T) has announced that shareholders owning the stock before the ex-dividend date on Tuesday will be eligible for a quarterly dividend payout of 27.75 cents per share. The stock is expected to open 27.75 cents lower on the ex-dividend date to reflect the payout. The dividend is scheduled to be paid on February 01, 2024. Monday is the last chance for investors to buy the stock and receive the dividend.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm

UDR

UDR, Inc. (NYSE:UDR) has announced a quarterly dividend of 42 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 42 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 2:45 pm