Streetbeat News

Dividends

DSL

DoubleLine Inc Solns Fund (NYSE:DSL) announced a monthly dividend of 11 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 11 cents lower. Shareholders owning DSL by the end of Tuesday will receive the dividend on December 29, 2023.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:45 pm

HMN

Horace Mann Educators (NYSE:HMN) announced a quarterly dividend of 33 cents per share, with Tuesday being the last day for investors to be eligible for this dividend. The stock will go ex-dividend on Wednesday, indicating a likely opening price reduction by the dividend amount. Shareholders owning HMN by the end of Tuesday will receive the dividend on December 29, 2023.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:45 pm

FUND

Sprott Focus Trust (NASDAQ:FUND) announced a quarterly dividend of 12.7 cents per share, with Tuesday being the last day for investors to buy shares and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 12.7 cents lower. The dividend is scheduled to be paid on December 28, 2023.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:45 pm

VLY

Valley National Bancorp (NASDAQ:VLY) announced a quarterly dividend of 11 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 on January 3, 2024. The stock is expected to open 11 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:45 pm

AGRO

BG

HLF

IH

IMKTA

Benzinga Insights identifies five value stocks in the consumer defensive sector with low P/E ratios, suggesting they may be undervalued. The stocks are Herbalife (HLF), Adecoagro (AGRO), iHuman (IH), Bunge Global (BG), and Ingles Markets (IMKTA). The article provides recent earnings per share (EPS) and dividend yield changes for these companies, indicating their financial performance and investor returns.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:40 pm

CPAC

GGB

LOMA

STLD

VALE

The article identifies five value stocks in the basic materials sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. The stocks are Loma Negra Cia Industria (LOMA), Cementos Pacasmayo (CPAC), Vale (VALE), Steel Dynamics (STLD), and Gerdau (GGB). It provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their financial performance and investor returns.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:39 pm

PEP

PepsiCo, Inc. (NASDAQ: PEP) has a dividend yield of 2.99% with a payout of $5.04. To earn $500 monthly from dividends, an investment of $200,669 is needed, equating to 1,188 shares at the current price of $168.90. The company's dividend expenses increased by 9.7% for the 12 weeks and 8.7% for the 36 weeks ending Sept. 9, 2023, compared to the same periods in 2022. The article also notes that dividend yield is inversely correlated with stock price changes.

Portfolio Pulse from Shankar Iyer

December 08, 2023 | 2:36 pm

DG

Dollar General Corp (NYSE:DG) reported Q3 FY23 sales of $9.69 billion, surpassing estimates of $9.65 billion, with an EPS of $1.26 beating the $1.19 consensus. The company's dividend yield is 1.78%, with a quarterly dividend of 59 cents per share. To earn $500 monthly in dividends, an investor would need 2,542 shares, valued at approximately $336,307. For $100 monthly, it would require 508 shares or $67,208. Dividend yields fluctuate with stock price and dividend changes. DG shares dropped 1.2% to close at $132.30 on Thursday.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 2:17 pm

STK

Columbia Seligman Premium Technology Growth Fund has declared a special Q4 distribution of $0.2669 per share.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 2:05 pm

CURV

MBI

VRME

MBIA Inc. (MBI) shares rose after declaring an $8.00 per share extraordinary cash dividend. VerifyMe (VRME) announced a Share Repurchase Plan and changes to its Board Compensation Program, leading to a significant stock increase. Torrid Holdings (CURV) shares increased following a report of strong Q3 financial results and higher than expected revenue guidance for Q4 and FY23.

Portfolio Pulse from ryanfaloona@benzinga.com

December 08, 2023 | 1:44 pm