Streetbeat News

Dividends

MTX

Minerals Technologies (MTX) has announced an increase in its regular quarterly dividend from $0.05 to $0.10 per share, payable on December 7, 2023, to stockholders of record at the close of business on November 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 9:10 pm

BRO

Brown & Brown has increased its quarterly cash dividend rate by 13% from $0.1150 to $0.13 per share. The dividend will be payable on November 15, 2023, to shareholders of record on November 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 9:01 pm

COST

Costco Wholesale Corp (NASDAQ:COST) announced a CEO transition with Craig Jelinek stepping down at the end of the year. President and COO Ron Vachris will take over as president and CEO on Jan. 1, 2024. Jelinek will remain with Costco through April 2024 in an advisory role. The company also declared a quarterly cash dividend of $1.02 per share. Following the announcement, Costco shares were trading lower by 0.64%.

Portfolio Pulse from Adam Eckert

October 18, 2023 | 8:48 pm

AWI

Armstrong World Industries, Inc. (NYSE:AWI) has announced a 10% increase in its quarterly cash dividend to $0.28 per share. The dividend will be paid on Nov. 16, 2023, to stockholders of record as of the close of business on Nov. 2, 2023. This marks the company's fifth consecutive annual dividend increase since the inception of its dividend program in 2018.

Portfolio Pulse from Happy Mohamed

October 18, 2023 | 8:38 pm

LBRT

Liberty Energy Inc. has announced an increase in its quarterly dividend from $0.05 to $0.07 per share.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:38 pm

LVS

Las Vegas Sands has announced a $2 billion stock repurchase authorization through November 3, 2025. This comes after the company reinstated its dividend last quarter.

Portfolio Pulse from Happy Mohamed

October 18, 2023 | 8:11 pm

WINA

Winmark Corporation (NASDAQ:WINA) has announced a quarterly cash dividend of $0.80 per share and a special dividend of $9.40 per share, to be paid on December 1, 2023. The total amount of the special dividend payment will be approximately $32.8 million. The company plans to use cash on hand to finance the special dividend. The total dividends paid per share in 2023 will be $12.50, compared to $5.55 per share in 2022.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 3:45 pm

TSX:GCG

Guardian Capital Group (TSX:GCG) is set to reward its shareholders with a dividend payout of $0.34 per share, demonstrating an annualized dividend yield of 3.24%. The company has shown a positive financial trend with an increase in both dividend per share and earnings per share from 2020 to 2022. This suggests their capacity to continue distributing profits to shareholders.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 3:05 pm

WERN

Werner Enterprises (NASDAQ:WERN) is set to deliver a dividend payout of $0.14 per share, equating to an annualized dividend yield of 1.24%. The company's dividend payout went ex-dividend on September 29, 2023. The company has shown a notable growth in its dividend per share from $0.36 to $0.51 during 2020 to 2022. The earnings per share also increased from $2.47 to $3.86 during the same period, indicating a healthy financial status and potential for future cash dividend payout increases.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 3:05 pm

GNTX

PHIN

Gentex (NASDAQ:GNTX) is distributing a dividend payout of $0.12 per share, with an annualized dividend yield of 1.47%. The company has seen a growth in its dividend per share from $0.46 to $0.48 from 2019 to 2022, but a decrease in earnings per share from $1.67 to $1.34 in the same period. Phinia (NYSE:PHIN) leads the industry with the highest annualized dividend yield at 3.57%.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 3:05 pm