Streetbeat News

Dividends

HIBB

Hibbett (NASDAQ:HIBB) announced a quarterly dividend of 25 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, indicating it will likely open 25 cents lower. The dividend is scheduled to be paid on December 19, 2023.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:45 pm

DCF

BNY Mellon Alcentra Glb (NYSE:DCF) will pay a monthly dividend of 3.5 cents per share, with Tuesday being the last chance for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 3.5 cents lower. Shareholders owning DCF by the end of Tuesday's session will receive the dividend on December 21, 2023.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:45 pm

IH

IMKTA

PRDO

STG

VGR

The article discusses notable value stocks in the consumer defensive sector, highlighting five companies with low P/E ratios, suggesting potential undervaluation. Vector Group (VGR) has a P/E of 9.65 and a slightly decreased dividend yield. Sunlands Technology (STG) reported lower EPS compared to the previous quarter. iHuman (IH) also saw a decrease in EPS. Perdoceo Education (PRDO) increased its EPS, while Ingles Markets (IMKTA) not only increased EPS but also its dividend yield. These stocks are selected by Benzinga Insights for their value characteristics.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:40 pm

ALB

CBT

CPAC

FF

SQM

The article identifies notable value stocks in the basic materials sector based on low P/E multiples. Sociedad Quimica Y Minera (SQM), Cabot (CBT), Albemarle (ALB), FutureFuel (FF), and Cementos Pacasmayo (CPAC) are highlighted. SQM saw a decrease in EPS and an increase in dividend yield, CBT experienced an increase in both EPS and dividend yield, ALB had a decrease in EPS but an increase in dividend yield, FF saw an increase in EPS with a stable dividend yield, and CPAC reported a slight decrease in EPS and dividend yield. Value stocks carry the risk of not rebounding from undervalued positions.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 2:38 pm

ET

Energy Transfer LP (NYSE:ET) shares increased after OPEC+ decided to cut oil supply by 1 million barrels a day. Despite reporting weaker-than-expected Q3 earnings, ET's dividend yield of 9% attracts investors. To earn $500 monthly from dividends, one would need to invest in approximately 4,800 shares. Dividend yields fluctuate with changes in dividend payments and stock prices. ET shares rose 1.5% to close at $13.89 on Thursday.

Portfolio Pulse from Lisa Levin

December 01, 2023 | 1:34 pm

BMO

Bank of Montreal (NYSE:BMO) has declared a quarterly dividend of $1.51 per share for Q1 2024, marking a 3% increase from the previous quarter and a 6% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 11:04 am

BXP

MPW

NHI

The article discusses three real estate stocks with high dividend yields, as rated by Wall Street's most accurate analysts. Medical Properties Trust, Inc. (MPW) has a dividend yield of 17.96% but received an Underweight rating from JP Morgan and a downgrade from Raymond James. Boston Properties, Inc. (BXP) offers a 6.88% yield, with BMO Capital maintaining an Outperform rating and JP Morgan maintaining an Underweight rating. National Health Investors, Inc. (NHI) has a 6.61% yield, with Wells Fargo maintaining an Equal-Weight rating and Jefferies initiating coverage with a Hold rating.

Portfolio Pulse from Lisa Levin

December 01, 2023 | 10:29 am

PK

Park Hotels & Resorts has declared a Q4 dividend of $0.93 per share, which includes a regular dividend of $0.15 and a special top off dividend of $0.78 based on 2023 results. Additionally, a previously announced special cash dividend of $0.77 per share will be paid on January 16, 2024, to stockholders of record as of December 29, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:10 am

DELL

Dell Technologies Inc. (NYSE:DELL) reported mixed Q3 earnings with EPS of $1.88 beating estimates but revenue of $22.25 billion missing expectations. Year-over-year, earnings decreased by 18.26% and revenue by 9.99%. The Infrastructure Solutions Group saw a 12% decline in revenue, although servers and networking grew 9% sequentially. Dell's cash flow from operations was strong at $2.2 billion for the quarter and $9.9 billion over the last 12 months. The company returned $1 billion to shareholders through buybacks and dividends. After an initial drop, Dell's stock recovered slightly in after-hours trading.

Portfolio Pulse from Ryan Gustafson

November 30, 2023 | 10:06 pm

RJF

Raymond James Financial has announced a 7.1% increase in its quarterly dividend, raising it from $0.42 to $0.45 per share. The dividend will be payable on January 16, 2024, to shareholders of record as of January 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:46 pm