Streetbeat News

Dividends

PNI

PIMCO New York Municipal (NYSE:PNI) has announced a monthly dividend of 2.95 cents per share, with the ex-dividend date set for Friday. Shareholders owning the stock by the end of Thursday's session will be eligible for the dividend, which will be paid on January 02, 2024. The stock is expected to open 2.95 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:45 pm

PZC

PIMCO CA Muni Income Fund (NYSE:PZC) will go ex-dividend on Friday, with shareholders as of Thursday's close eligible for a monthly dividend of 2.95 cents per share, payable on January 2, 2024. The stock is expected to open 2.95 cents lower on Friday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:45 pm

PYN

PIMCO New York Municipal (NYSE:PYN) will pay a monthly dividend of 2.48 cents per share, with the ex-dividend date set for Friday. Shareholders must own the stock before the ex-dividend date to receive the dividend, which will be paid on January 02, 2024. The stock is expected to open 2.48 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:45 pm

PAXS

PIMCO Access Inc Fd (NYSE:PAXS) will pay a monthly dividend of 14.94 cents per share. The ex-dividend date is Friday, meaning the stock will trade lower to reflect the payout. Shareholders owning PAXS by the end of Thursday are eligible for the dividend, which will be paid on January 02, 2024.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:45 pm

BYD

DBGI

MDC

MTH

OXM

The article identifies five value stocks in the consumer cyclical sector based on their low P/E ratios, suggesting they may be undervalued. Boyd Gaming, Digital Brands Group, Meritage Homes, Oxford Industries, and M.D.C. Holdings are highlighted with their respective P/E ratios and recent financial performance, including changes in earnings per share and dividend yields. The article notes that while value stocks may be poised for a rebound, there is a risk they may not realize their potential value.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:44 pm

ADEA

HPQ

NOTE

OCC

Benzinga Insights has identified five value stocks in the technology sector based on low P/E ratios. Optical Cable (OCC), Daqo New Energy (DQ), FiscalNote Holdings (NOTE), Adeia (ADEA), and HP (HPQ) are highlighted for their valuation metrics. The article provides recent earnings per share data and dividend yield changes for these companies, suggesting they may be undervalued compared to industry peers.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:41 pm

Kroger Company (NYSE:KR) reported Q3 FY23 sales of $33.96 billion, slightly down by 0.7% YoY but above analyst estimates of $33.92 billion. Adjusted EPS was 95 cents, beating the 91 cents consensus. Kroger's annual dividend yield is 2.60%, with a quarterly dividend of 29 cents per share. To earn $500 monthly from dividends, an investment of approximately $231,033 or 5,172 shares is needed. The article also explains how dividend yield is calculated and its dependence on stock price and dividend payments. KR shares rose 0.2% to close at $44.67 on Monday.

Portfolio Pulse from Lisa Levin

December 05, 2023 | 2:24 pm

IPG

OMC

SBGI

Wall Street's most accurate analysts recommend holding three tech and telecom stocks with over 3% dividend yields: Sinclair, Inc. (SBGI), The Interpublic Group of Companies, Inc. (IPG), and Omnicom Group Inc. (OMC). These stocks are considered attractive during market uncertainty due to their high dividend payouts. Recent analyst actions include rating changes and price target adjustments, with Sinclair and Interpublic experiencing price target cuts and mixed financial results, while Omnicom had positive earnings.

Portfolio Pulse from Lisa Levin

December 05, 2023 | 2:06 pm

LSTR

Landstar's Board of Directors has approved an increase in the number of shares authorized for repurchase to 3 million. Additionally, the company has declared a special cash dividend of $2 per share, payable on January 19 to shareholders of record as of January 3.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:17 pm

BKE

The Buckle, Inc. (NYSE:BKE) has declared a special cash dividend of $2.50 per share and a quarterly dividend of $0.35 per share, both payable on January 26, 2024, to shareholders of record as of January 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 11:55 am