Streetbeat News

Dividends

ROP

Roper Technologies, Inc. (NASDAQ:ROP) has declared a quarterly cash dividend of $0.75 per share, payable on January 23, 2024. This is a 10% increase over the dividend paid in each quarter of 2023, marking the thirty-first consecutive year of dividend increases.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:08 pm

BDX

Becton, Dickinson and Company (BDX) reported Q4 adjusted EPS of $3.42, slightly missing the consensus of $3.43. Sales were $5.09 billion, up 6.8% Y/Y, beating the consensus of $5.02 billion. The company declared a quarterly dividend of $0.95 per share, up 4.4% from the previous quarter. However, BDX shares are down 8.24% after the company issued lower than expected FY24 revenue and EPS guidance.

Portfolio Pulse from Vandana Singh

November 09, 2023 | 3:39 pm

TPR

Tapestry Inc (NYSE:TPR) reported Q1 FY24 sales growth of 0.4% YoY to $1.51 billion, missing the analyst consensus estimate of $1.53 billion. Adjusted EPS of $0.93 beat the analyst consensus of $0.90. The company held $638.8 million in cash and equivalents as of September 30, 2023. Tapestry's Board of Directors declared a quarterly cash dividend of $0.35. The company maintained its FY24 EPS forecast of $4.10-$4.15 but trimmed its FY24 sales forecast to $6.7 billion from $6.9 billion due to expected currency headwinds and a more moderate operational outlook for Asia and North America.

Portfolio Pulse from Shivani Kumaresan

November 09, 2023 | 3:24 pm

VALU

Value Line (NASDAQ:VALU) is set to distribute a dividend payout of $0.28 per share, resulting in an annualized dividend yield of 3.23%. The company has seen an increase in dividend per share from $0.79 in 2019 to $0.97 in 2022, and an increase in earnings per share from $1.31 to $1.92 over the same period. This suggests that the company is in good financial standing and may continue to distribute profits back to investors.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:05 pm

HBCP

WTBA

Home Bancorp (NASDAQ:HBCP) has announced a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 3.04%. The company has seen an increase in dividend per share from 2019 to 2022, along with an increase in earnings per share, indicating good financial health. West Bancorp (NASDAQ:WTBA) leads the industry with the highest annualized dividend yield at 6.02%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:05 pm

OMF

SYF

Synchrony Finl (NYSE:SYF) has announced a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 3.34%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.86 to $0.90. Earnings per share also increased from $4.28 to $6.32 during the same period. The company's dividend yield is mid-range compared to its industry peers, with OneMain Holdings (NYSE:OMF) having the highest annualized dividend yield at 10.81%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:05 pm

BRY

DMLP

Dorchester Minerals (NASDAQ:DMLP) will distribute a dividend payout of $0.85 per share, translating to an annualized dividend yield of 11.72%. The company has shown a positive trend in dividend per share and earnings per share from 2019 to 2022, indicating a healthy financial status. Berry Corp (NASDAQ:BRY) leads the industry with the highest annualized dividend yield at 13.59%.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:05 pm

MA

Mastercard (NYSE:MA) is set to pay a dividend of $0.57 per share on November 09, 2023, with an annualized dividend yield of 0.55%. The company has shown a steady increase in its dividend per share from $1.39 in 2019 to $2.04 in 2022, and its earnings per share have also risen from $7.37 to $10.35 during the same period. This suggests that Mastercard is in good financial health and may continue to distribute profits to its investors.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:05 pm

NDMO

Nuveen Dynamic Municipal (NYSE:NDMO) has announced a monthly dividend of 6.2 cents per share. To be eligible for the dividend, shareholders must own the stock prior to the ex-dividend date, which is Tuesday. The dividend will be paid out to shareholders on December 01, 2023.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 2:45 pm

PBI

Pitney Bowes (NYSE:PBI) has announced a quarterly dividend of 5 cents per share. Shareholders must own the stock prior to the ex-dividend date, Tuesday, to be eligible for the dividend. The dividend will be paid out on December 06, 2023.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 2:45 pm