Streetbeat News

Dividends

OC

Owens Corning has announced a 15% increase in its quarterly dividend, raising it to $0.60 per share. This decision reflects the company's confidence in its financial strength and commitment to returning value to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:31 pm

ZTS

Zoetis Inc. (NYSE:ZTS) has announced a 15% increase in its quarterly dividend for Q1 2024, raising it from $0.3750 to $0.432 per share. The dividend is payable on March 1, 2024, to shareholders of record as of January 19, 2024. The company's EVP and CFO, Wetteny Joseph, cited Zoetis's strong performance and diverse product portfolio as reasons for the dividend increase.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:24 pm

AVGO

Broadcom Inc. has announced a 14% increase in its quarterly dividend, raising it to $5.25 per share for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:19 pm

KO

Coca-Cola Co. (NYSE:KO) has a market cap of $256.6 billion and a stock price of $58.67 as of Dec. 1. The stock has seen a 52-week range between $51.55 and $64.99. With a dividend yield of 3.14%, Coca-Cola declared a dividend of $0.46 per share payable on Dec.15. To earn $500 per month from dividends, an investment of approximately $191,083 is required, equating to 3,257 shares. The article explains how dividend yields are affected by stock price fluctuations and company dividend policies, without considering stock price appreciation or depreciation in the investment value estimation.

Portfolio Pulse from Shankar Iyer

December 07, 2023 | 6:06 pm

AAPL

AMZN

FXY

GLD

GOOG

JPM

META

MSFT

NVDA

QQQ

SLV

SPY

TSLA

USO

The Bank of Japan's (BOJ) potential shift away from yield control is causing significant movement in the yen and impacting global stock markets, including the U.S. The yen's rise is affecting strategies that involve borrowing in yen to invest in U.S. markets. JPMorgan Chase CEO Jamie Dimon expressed a desire to shut down cryptocurrencies if possible. U.S. jobless claims came in slightly below consensus, which may influence the Fed's rate decisions. European GDP contraction supports the expectation of rate cuts. Positive early money flows are seen in major tech stocks, while mixed flows are observed in SPY and QQQ ETFs. Gold and oil are seeing buying interest due to the yen's move. Bitcoin experiences a pullback after recent retail investor enthusiasm. The Arora Report advises investors to maintain a protection band strategy to balance risk and opportunity.

Portfolio Pulse from The Arora Report

December 07, 2023 | 6:00 pm

BCML

FFBC

FISI

LYG

TSLX

The article lists five value stocks in the financial services sector, defined by low P/E multiples, indicating potential undervaluation. Sixth Street Specialty (TSLX), First Financial Bancor (FFBC), Lloyds Banking Group (LYG), BayCom (BCML), and Financial Institutions (FISI) are highlighted with their respective P/E ratios and recent earnings per share (EPS) performance. The article also notes dividend yields and their changes from the previous quarter.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:48 pm

PSA

Public Storage (NYSE:PSA) announced a quarterly dividend of $3.0 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 December 28, 2023. The stock is expected to open $3.0 lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:45 pm

LRCX

Lam Research (NASDAQ:LRCX) has announced a quarterly dividend of $2.0 per share, with Monday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Tuesday and is expected to open $2.0 lower to reflect the payout. The dividend is scheduled to be paid on January 03, 2024.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:45 pm

GHL

Greenhill & Co (NYSE:GHL) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on December 27, 2023. The stock is expected to open 10 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:45 pm

WH

Wyndham Hotels & Resorts (NYSE:WH) has announced a quarterly dividend of 35 cents per share, with the ex-dividend date set for Tuesday. Investors must own the stock by the end of Monday to be eligible for the dividend, which will be paid out on December 27, 2023. The stock is expected to open 35 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:45 pm