Streetbeat News

Dividends

FDUS

Fidus Investment is a high-yield BDC offering an 8.6% dividend yield, supported by strong net investment income and liquidity. The company's net asset value has grown by 11.8% YoY, indicating robust performance and dividend stability. Its diversified portfolio in First-Lien Debts and a fair value of $1.1 billion highlight its financial health.

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November 14, 2024 | 12:45 pm

ASH

Ashland Inc. has announced a quarterly cash dividend of $0.405 per share, payable on December 15, 2024, to shareholders recorded by December 1, 2024.

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November 14, 2024 | 12:15 pm

AREC

American Resources Corporation (NASDAQ:AREC) announced a special dividend of shares in its subsidiary, ReElement Technologies, to be distributed to shareholders of record as of December 31, 2024. The distribution will occur on or about February 15, 2025. ReElement Technologies has also closed initial investments from a private funding round.

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November 14, 2024 | 11:45 am

ABT

The article discusses three ultra-safe dividend stocks that have been paying dividends for over 100 years, making them reliable income stocks for long-term holding.

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November 14, 2024 | 11:30 am

EFXT

Enerflex Ltd. reported strong Q3 2024 financial results, including a 50% dividend increase, $120 million in adjusted EBITDA, and $78 million in free cash flow. The company's backlog remains stable, and its net debt-to-EBITDA ratio is within target. Capital spending guidance for 2024 has been updated.

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November 14, 2024 | 11:15 am

BLK

BlackRock Canada has announced November cash distributions for its iShares ETFs and reinvested distributions for the iShares Canadian Real Return Bond Index ETF.

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November 14, 2024 | 10:15 am

CVX

Coca-Cola is recognized as a strong source of passive income, but Chevron is also highlighted for its substantial dividend payouts, planning to distribute over $11 billion by year-end. Chevron's dividends are noted for their high yield and reliability.

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November 14, 2024 | 9:45 am

UUGRY

United Utilities Group PLC announced a significant dividend increase while negotiating with Ofwat for additional funds to upgrade sewers and prevent spillages.

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November 14, 2024 | 8:30 am