Streetbeat News

Dividends

AVT

Avnet (NASDAQ:AVT) has announced a quarterly dividend of 31 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid on December 20, 2023. The stock is expected to open 31 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

GOGL

Golden Ocean Group (NASDAQ:GOGL) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on December 13, 2023. The stock is expected to open 10 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

GES

Guess (NYSE:GES) will go ex-dividend on Tuesday, with shareholders as of Monday's close eligible for a quarterly dividend of $0.30 per share, payable on December 22, 2023. The stock is expected to open $0.30 lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

DHF

BNY Mellon High Yield (NYSE:DHF) will pay a monthly dividend of 1.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid out on December 20, 2023. The stock is expected to open 1.5 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

OPOF

Old Point Financial (NASDAQ:OPOF) has announced that shareholders as of Monday's session will be eligible for a quarterly dividend of 14 cents per share, with the ex-dividend date being Tuesday. The stock is expected to open 14 cents lower on the ex-dividend date to reflect the payout. The dividend is scheduled to be paid on December 29, 2023.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

AGI

Alamos Gold (NYSE:AGI) has announced a quarterly dividend of 2.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid out on December 20, 2023. The stock is expected to open 2.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

DTI

MPC

NRT

PFIE

SND

Benzinga Insights has identified 5 value stocks in the energy sector based on low P/E ratios, indicating potential undervaluation. Profire Energy (PFIE), Drilling Tools Intl (DTI), North European Oil (NRT), Marathon Petroleum (MPC), and Smart Sand (SND) have P/E multiples ranging from 2.45 to 8.95. Recent earnings reports show mixed results, with some companies reporting increased earnings per share (EPS) and others reporting decreases. Dividend yields have also varied, with some companies showing a decrease in yield.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:39 pm

FRO

Frontline Plc (NYSE:FRO) reported a slight revenue decline in Q3 FY23 but beat revenue consensus estimates. However, the company missed adjusted EPS expectations and anticipates lower spot TCEs in Q4. Frontline also announced the purchase of 24 VLCCs, expecting to increase its tanker footprint by over 30%. Despite positive operating cash flow and a declared dividend, FRO shares dropped by 7.27% in premarket trading.

Portfolio Pulse from Akanksha Bakshi

November 30, 2023 | 2:30 pm

AXP

GM

KKR

UNH

On CNBC's 'Halftime Report Final Trades,' analysts shared their picks, highlighting UnitedHealth (UNH) with expected 2023 earnings, General Motors (GM) with a share repurchase program and dividend increase, American Express (AXP) benefiting from low interest rates, and KKR & Co. (KKR) acquiring full ownership of Global Atlantic. UnitedHealth shares fell, GM and American Express gained, and KKR jumped in Wednesday's session.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 2:20 pm

PFE

Pfizer Inc. (NYSE:PFE) is discontinuing its PSSM operations in the UK to enhance efficiency. The FDA approved Xtandi, co-developed with Astellas Pharma, for a new prostate cancer indication. Pfizer's dividend yield is 5.45%, with a quarterly dividend of $0.41 per share. To earn $500 monthly in dividends, an investor would need 3,659 shares, valued at approximately $110,063. The article also explains how dividend yield fluctuates with stock price and dividend changes. Pfizer shares rose 1.3% to close at $30.08 on Wednesday.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 1:52 pm