Streetbeat News

Dividends

PLPC

Preformed Line Products (NASDAQ:PLPC) announced a quarterly dividend of 20 cents per share, with the ex-dividend date being Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on January 19, 2024. The stock is expected to open 20 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 2:45 pm

CCOI

DISH

SKM

VEON

XNET

The article discusses notable value stocks in the communication services sector, highlighting five companies with low price-to-earnings (P/E) multiples, suggesting they may be undervalued. Xunlei, Cogent Comms Hldgs, VEON, SK Telecom Co, and DISH Network are identified as value stocks. The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their financial performance and attractiveness to value investors. Benzinga Insights selected these stocks based on quantified analysis.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 2:44 pm

AIRC

FBRT

REFI

RITM

SEVN

The article provides an overview of notable value stocks in the real estate sector, focusing on their P/E ratios and recent earnings performance. Chicago Atlantic Real (REFI), Seven Hills Realty Trust (SEVN), Franklin BSP Realty Trust (FBRT), Apartment Income REIT (AIRC), and Rithm Capital (RITM) are highlighted for their low P/E multiples, indicating they may be undervalued. The article includes recent EPS and dividend yield changes for these companies, with mixed results in terms of earnings and dividend performance.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 2:39 pm

JNJ

Significant bearish options activity has been detected in Johnson & Johnson (NYSE:JNJ), with a sentiment split of 12% bullish and 87% bearish among big-money traders. Unusual options trades were spotted, with 2 puts and 6 calls totaling $401,093. Projected price targets range from $100 to $155. The company is preparing to divest its consumer group under the name Kenvue in 2023. JNJ's current stock price is $156.04, with neutral RSI indicators and an earnings announcement expected in 25 days. Analyst ratings vary, with an average target price of $175.5.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:46 pm

AMT

TMUS

Despite a challenging 2023 with a 10% stock decline, AT&T Inc (NYSE:T) is poised for a rebound in 2024, according to Bank of America and Citigroup analysts. They cite AT&T's strong fundamentals, attractive valuations, and positioning as the least-owned mega-cap stock in the S&P 500 as reasons for optimism. The telecom sector is expected to recover from concerns about post-pandemic competition, unfounded rumors of Amazon entering the market, and risks associated with lead cables. AT&T's consistent dividend history and Citi's positive outlook for telecom stocks, expecting a 21% total return, further support the bullish sentiment.

Portfolio Pulse from Surbhi Jain

December 29, 2023 | 4:22 pm

WNC

Wabash National (NYSE:WNC) has announced a quarterly dividend of 8 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid out on January 25, 2024. The stock is expected to open 8 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 2:45 pm

WSR

Whitestone REIT (NYSE:WSR) announced a monthly dividend of 4 cents per share, with the ex-dividend date being Wednesday. Shareholders owning WSR stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 11, 2024. The stock is expected to open 4 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 2:45 pm

BDN

Brandywine Realty Trust (NYSE:BDN) announced a quarterly dividend of $0.15 per share, with the ex-dividend date set for Wednesday. Shareholders owning BDN stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 18, 2024. The stock is expected to open 15 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 2:45 pm

HLIO

Helios Technologies (NYSE:HLIO) announced a quarterly dividend of 9 cents per share, with Tuesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 9 cents lower to reflect the payout. Shareholders owning HLIO by the end of Tuesday's session will receive the dividend on January 19, 2024.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 2:45 pm

ABM

ABM Industries (NYSE:ABM) has announced a quarterly dividend of 22.5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on February 5, 2024. The stock is expected to open 22.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 2:45 pm