Streetbeat News

Dividends

ADTN

Ubiquiti (NYSE:UI) is set to distribute a dividend of $0.60 per share with an annualized yield of 1.93% to shareholders on record as of November 10, 2023. The company has shown a positive trend in dividend per share growth from $1.10 in 2019 to $2.40 in 2022, and an increase in earnings per share from $5.22 to $5.58 over the same period. Ubiquiti's financial health appears robust, with a consistent dividend payout schedule and growing earnings, indicating potential for future dividend increases. The company's dividend yield is moderate compared to industry peers, with Adtran (NASDAQ:ADTN) leading at 6.49% annualized yield.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 3:05 pm

GABC

PFS

German American Bancorp (NASDAQ:GABC) is distributing a $0.25 per share dividend with a 3.69% yield. Shareholders as of November 9, 2023, are eligible. The company has shown consistent dividend growth from $0.68 in 2019 to $0.92 in 2022, and earnings growth from $2.30 to $3.14 per share over the same period. Provident Financial Services (NYSE:PFS) has a higher yield at 6.13%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 3:05 pm

BRY

KRP

Kimbell Royalty Partners (NYSE:KRP) is distributing a dividend of $0.51 per share today, with an annualized yield of 12.66%. The dividend went ex-dividend on November 10, 2023. The company has shown a steady increase in dividend per share from $1.58 in 2019 to $1.88 in 2022, and earnings per share have grown from $-1.58 to $1.71 over the same period. This suggests a strong financial position and potential for future dividend increases. Berry Corp (NASDAQ:BRY) has the highest annualized dividend yield in the industry at 13.82%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 3:05 pm

VLGEA

WMK

Weis Markets (NYSE:WMK) will pay a dividend of $0.34 per share on November 20, 2023, with an annualized yield of 2.10%. Shareholders as of November 03, 2023, are eligible. The company has shown a positive trend in dividends and earnings per share from 2019 to 2022, indicating financial health and potential for future increases in payouts. Village Super Market (NASDAQ:VLGEA) has the highest yield in the industry at 4.17%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 3:05 pm

SEB

Seaboard (AMEX:SEB) is distributing a dividend of $2.25 per share today, with an annualized yield of 0.26%. The dividend went ex-dividend on November 8, 2023. Seaboard has maintained a steady dividend per share of $9.00 from 2019 to 2022, while its earnings per share have grown from $119.57 to $410.86 over the same period, indicating a strong financial position and potential for future dividend increases.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 3:05 pm

LSXMA

MOMO

SBGI

VEON

Benzinga Insights identifies value stocks in the communication services sector with low P/E ratios, including MOMO, LSXMA, KT, SBGI, and VEON. The article provides recent earnings per share data and dividend yields, noting the potential risk that the undervalued position of these stocks may not rebound.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 2:45 pm

ACOR

NUWE

OCUP

PRE

XCUR

The article identifies notable value stocks in the healthcare sector based on low P/E multiples, suggesting they may be undervalued. Nuwellis, Exicure, Acorda Therapeutics, Prenetics Global, and Ocuphire Pharma are mentioned with their respective P/E ratios and recent earnings per share (EPS) data. The article highlights the potential for value stocks to rebound but also notes the risk that the expected emergence may not materialize.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 2:44 pm

ALX

CHCI

FBRT

LSEA

SQFT

The article discusses value stocks in the real estate sector, focusing on companies with low price-to-earnings (P/E) multiples, suggesting potential undervaluation. Notable stocks mentioned include Comstock Holding Co (CHCI), Franklin BSP Realty Trust (FBRT), Alexander's (ALX), Landsea Homes (LSEA), and Presidio Property Trust (SQFT). The article provides recent earnings per share (EPS) data and dividend yields, indicating significant increases in EPS for CHCI and dividend yields for FBRT and ALX.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 2:39 pm

GPS

Gap Inc. (NYSE:GPS) reported Q3 earnings of $0.59 per share, surpassing the consensus estimate of $0.18. Quarterly sales were $3.767 billion, beating expectations but showing a 7% decrease from the previous year. Gap's annual dividend yield is 3.36%, with a quarterly dividend of $0.15 per share. To earn $500 monthly from dividends, an investment of approximately $178,500 is required. Gap's stock price surged 30.6% to close at $17.85 following the earnings report.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 1:48 pm

KSS

LEG

Analysts have provided ratings for three high-yield dividend stocks in the consumer discretionary sector: Kohl's Corporation (KSS), Leggett & Platt, Incorporated (LEG), and Foot Locker, Inc. (FL). These stocks offer dividend yields above 7% and have been recently rated by some of Wall Street's most accurate analysts. KSS beat revenue expectations in Q2 FY23, LEG posted downbeat earnings for Q3, and FL is expected to report Q3 results on Nov. 29, 2023.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 1:29 pm