Streetbeat News

Dividends

MPW

Medical Properties Trust, Inc. is facing severe liquidity issues due to significant debt maturities in 2025-2027. Despite asset sales and secured loans, the company's poor credit profile and high refinancing costs make new debt issuance financially unfeasible. The dividend is unsustainable, with cash outflows exceeding inflows, indicating ongoing financial distress.

Portfolio Pulse from

November 14, 2024 | 8:00 pm

MDU

MDU Resources Group, Inc. has announced a quarterly dividend of 13 cents per share on its common stock, maintaining the same dividend as the previous quarter.

Portfolio Pulse from

November 14, 2024 | 8:00 pm

TECK

Teck Resources Limited has declared a dividend of $0.125 per share for its Class A and Class B shares, payable on December 31, 2024, to shareholders recorded by December 13, 2024.

Portfolio Pulse from

November 14, 2024 | 7:45 pm

SR

Spire Inc. has announced an increase in its annual common stock dividend to $3.14 per share, marking the 22nd consecutive year of dividend increases.

Portfolio Pulse from

November 14, 2024 | 7:30 pm

GBDC

Golub Capital BDC, Inc. shares have declined by 13% since April 2024 due to rising borrowing costs and economic uncertainty. Despite this, the company offers a high dividend yield and low non-accrual rates. A merger with Golub Capital BDC3 has increased assets and liquidity, but recent financial results were mixed.

Portfolio Pulse from

November 14, 2024 | 6:15 pm

BR

Broadridge Financial Solutions, Inc. has declared a quarterly cash dividend of $0.88 per share, payable on January 3, 2025, to stockholders of record as of December 13, 2024.

Portfolio Pulse from

November 14, 2024 | 5:30 pm

PSTL

Postal Realty Trust shares are attractive due to a reliable stream of growing dividend payments, currently yielding about 6.7%. The REIT reported positive Q3 results, including updates on lease negotiations with the Postal Service.

Portfolio Pulse from

November 14, 2024 | 5:15 pm

SPB

Spectrum Brands (SPB) has announced an increase in its quarterly dividend, a move that is likely to boost shareholder income and reinforce investor confidence in the company.

Portfolio Pulse from

November 14, 2024 | 5:00 pm

RNST

Renasant Corporation has announced a quarterly cash dividend of $0.22 per share, payable on January 1, 2025, to shareholders of record as of December 18, 2024.

Portfolio Pulse from

November 14, 2024 | 5:00 pm