Streetbeat News

Dividends

BSY

Bentley Systems (NASDAQ:BSY) has announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Friday. Shareholders owning BSY stock by the end of Thursday's session will be eligible for the dividend, which will be paid on December 14, 2023. The stock is expected to open 5 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:45 pm

PEBK

Peoples Bancorp of NC (NASDAQ:PEBK) announced a quarterly dividend of 19 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 December 15, 2023. The stock is expected to open 19 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:45 pm

EMBC

Embecta (NASDAQ:EMBC) has announced a quarterly dividend of 15 cents per share, with Thursday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Friday, which means it will likely open 15 cents lower. The dividend is scheduled to be paid on December 15, 2023.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:45 pm

ADI

Analog Devices (NASDAQ:ADI) has announced a quarterly dividend of 86 cents per share, with the ex-dividend date set for Friday. Shareholders owning ADI stock by the end of Thursday are eligible for the dividend, which will be paid on December 14, 2023. The stock is expected to open 86 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:45 pm

BTG

B2Gold (AMEX:BTG) announced a quarterly dividend of 4 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, which means it will likely open 4 cents lower to reflect the payout. Shareholders owning BTG by the end of Thursday will receive the dividend on December 18, 2023.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:45 pm

CAAS

CROX

LAD

MDC

VSCO

Benzinga Insights has identified five value stocks in the consumer cyclical sector based on low P/E ratios, which suggest they may be undervalued. The stocks include Crocs (CROX), Victoria's Secret (VSCO), China Automotive Systems (CAAS), M.D.C. Holdings (MDC), and Lithia Motors (LAD). The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their financial performance and potential investor returns.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:43 pm

ARW

CSIQ

MVLA

OCC

SURG

Benzinga Insights has identified five value stocks in the technology sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. The stocks are Optical Cable (OCC), Arrow Electronics (ARW), Movella Holdings (MVLA), Canadian Solar (CSIQ), and Surgepays (SURG). The article provides recent earnings per share (EPS) data and dividend yield for these companies, noting changes from previous quarters.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 2:40 pm

XXII

22nd Century Group, Inc. (NASDAQ:XXII) has agreed to sell its GVB Biopharma hemp/cannabis operations to Specialty Acquisition Corporation for $2.25 million. The deal includes a $1 million payment at closing and a $1.25 million secured promissory note. The sale aims to reduce cash and operating demands, with 22nd Century expecting to lower operating expenses beyond the $15 million in annual cost savings already announced. The company will retain rights to insurance proceeds from a fire at its Grass Valley facility, with damages sought at approximately $9 million. The sale is set to close in early December 2023, pending customary conditions and financing for the buyer. 22nd Century is also exploring strategic alternatives for its tobacco assets, including its FDA-approved VLN reduced nicotine content products.

Portfolio Pulse from Nina Zdinjak

November 28, 2023 | 2:35 pm

BAC

COST

GLD

TGT

On CNBC's 'Halftime Report Final Trades,' analysts provided their recommendations on several stocks. Brian Belski of BMO Capital Markets highlighted Bank of America's (BAC) earnings and dividend yield. Costco (COST) was recommended by Jason Snipe, and Joseph Feldman maintained a $600 price target. Stephanie Link chose Target (TGT) after its strong quarterly results. Joseph Terranova selected SPDR Gold Shares (GLD) as gold prices rose. BAC shares fell, COST shares hit a new high, TGT shares slightly fell, and GLD shares gained.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 2:04 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) stock reached an all-time high, closing at $378.61 on Monday after a year-to-date surge of approximately 58%. The company announced new AI and cybersecurity training programs in Quebec. Microsoft's current dividend yield is 0.79%, with a quarterly dividend of 75 cents per share. To earn $500 monthly in dividends, an investor would need to own 2,000 shares, valued at $757,220. The article also explains how dividend yield fluctuates with stock price and dividend payments.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 1:25 pm