Streetbeat News

Dividends

TSN

Tyson Foods, Inc. (NYSE:TSN) reported Q4 earnings of 37 cents per share, surpassing estimates of 29 cents per share, but with sales of $13.35 billion missing the expected $13.73 billion. The company forecasts FY24 adjusted operating income of $1 billion to $1.5 billion. Tyson's annual dividend yield is 4.21%, equating to 49 cents per share quarterly. To earn $500 monthly from dividends, an investment of approximately $142,563 or 3,125 shares is needed. Tyson's stock price fell 2.8% to close at $45.62 on Monday.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 1:14 pm

ACM

AECOM (NYSE:ACM) reported a 12% Y/Y revenue increase in Q4 FY23 to $3.84 billion, surpassing estimates. Adjusted EPS of $1.01 beat consensus, and the company raised its share buyback authorization to $1 billion and increased its quarterly dividend by 22%. AECOM's FY24 outlook anticipates adjusted EPS of $4.35-$4.55 and adjusted EBITDA of $1.065-$1.105 billion. Shares rose 1.65% in premarket trading.

Portfolio Pulse from Lekha Gupta

November 14, 2023 | 12:54 pm

DOW

KRO

SCCO

The article discusses three materials sector stocks with over 5% dividend yields, as rated by Wall Street's most accurate analysts according to Benzinga's Analyst Stock Ratings. Kronos Worldwide, Inc. (KRO) has a dividend yield of 9.30% but reported a net loss in Q3. Dow Inc. (DOW) offers a 5.69% yield and reported a sales decline but beat consensus in Q3. Southern Copper Corporation (SCCO) has a 5.70% yield and its shares gained around 14% year-to-date.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 12:22 pm

BZ

Kanzhun's Board of Directors has approved a special cash dividend of $0.09 per ordinary share or $0.18 per American Depositary Share (ADS), totaling approximately $80 million. Shareholders on record as of December 5, 2023, will be eligible for the dividend, with the ex-dividend date set for December 4, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 11:24 am

OCSL

Oaktree Specialty Lending (OCSL) has announced a special distribution of $0.07 per share, in addition to its regular quarterly distribution of $0.55 per share. These cash distributions will be payable on December 29, 2023, to shareholders on record as of December 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 11:03 am

VOD

Vodafone's Board has approved an interim dividend of €0.0450 per share for the first half of fiscal year 2024, maintaining the same dividend amount as in the first half of fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 8:47 am

BABA

DWAC

NIO

SBLK

TSLA

U.S. stocks showed mixed performance with the Dow Jones slightly up and NASDAQ slightly down. Digital World Acquisition Corp. (DWAC) made news with its merger progress with Trump Media & Technology Group. Alibaba (BABA) faced economic challenges but managed Singles Day with strategic discounting. NIO Inc. (NIO) added a new independent director to its board. Star Bulk Carriers Corp. (SBLK) reported strong quarterly net income and declared a dividend. Tesla (TSLA) saw a significant stock surge amid reports of potential tax cuts for EV imports in India.

Portfolio Pulse from Benzinga Neuro

November 14, 2023 | 2:03 am

RPT

RPT Realty has announced a special cash dividend of $0.05444 per share. This declaration may indicate the company's strong cash position and commitment to returning value to shareholders. Investors in RPT Realty may see this as a positive signal, potentially leading to a short-term increase in the stock price.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:50 pm

RPT

RPT Realty has announced a special cash dividend of $0.05444 per share. This declaration may indicate the company's strong cash position and commitment to returning value to shareholders. Investors in RPT Realty may see this as a positive signal, potentially leading to a short-term increase in the stock price.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:50 pm

ACM

AECOM has announced an increase in its share repurchase authorization to $1 billion and has raised its quarterly dividend by 22% to $0.22 per share.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:15 pm