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Dividends

UWMC

UWM Holdings Corp (NASDAQ:UWMC) reported Q3 earnings with revenue of $677.116 million, beating the consensus estimate of $517.069 million. The company also reported quarterly earnings of 15 cents per share, surpassing estimates of 6 cents per share. The company ended the quarter with approximately $900 million in cash and self-warehouse and approximately $2.9 billion of liquidity. UWM Holdings expects Q4 production to be in the range of $19 billion to $26 billion and full-year production to be between $103 billion and $110 billion. The company's board declared a cash dividend of 10 cents per share.

Portfolio Pulse from Adam Eckert

November 08, 2023 | 3:52 pm

EBAY

eBay Inc. (NASDAQ:EBAY) reported Q3 adjusted earnings of $1.03 per share, beating the consensus estimate of 94 cents per share. Revenue of $2.50 billion was in line with consensus. The company forecasts Q4 earnings of $1.00 to $1.05 per share on revenue of $2.47 billion to $2.53 billion, and FY23 earnings of $4.17 to $4.22 per share on revenue of $10.02 billion to $10.08 billion. eBay offers an annual dividend yield of 2.45%, which is a quarterly dividend amount of 25 cents per share. To earn $500 per month from dividends, an investment of approximately $244,620 or around 6,000 shares is needed.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 1:07 pm

IBP

Installed Building Products (IBP) has declared a Q4 regular cash dividend of $0.33 per share, payable on December 31, 2023, to stockholders of record on December 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:41 pm

CSTE

Caesarstone has announced that it will not pay a dividend for Q3 due to its reported net loss attributable to controlling interest for the period.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:09 pm

EBAY

eBay Inc's shares are trading lower by around 6% after reporting Q3 FY23 earnings. The company's revenue rose 5% Y/Y to $2.500 billion, slightly missing the consensus of $2.502 billion. Adjusted EPS of $1.03 beat the consensus of $1.00. The company declared a dividend per share of $0.25. In Q3, eBay repurchased $651 million of its common stock. For Q4, eBay expects revenue and adjusted EPS of $2.47 billion - $2.53 billion and $1.00 - $1.05 respectively.

Portfolio Pulse from Lekha Gupta

November 08, 2023 | 10:44 am

AMRK

A-Mark Precious Metals has reaffirmed its regular quarterly cash dividend policy of $0.20 per share.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:47 pm

NBHC

National Bank Holdings Corporation (NBHC) has announced a 3.8% increase in its quarterly cash dividend from $0.26 to $0.27 per share. The dividend will be payable on December 15, 2023 to shareholders of record at the close of business on November 24, 2023. The increase is attributed to the company's strong balance sheet, solid capital position, and diversified funding sources.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:31 pm

AFT

AIF

APO

Apollo Global Management (APO) has announced a special cash payment of $0.25 per share to each Apollo Senior Floating Rate Fund (AFT) and Apollo Tactical Income Fund (AIF) shareholder of record as of the closing date of the applicable transaction.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 8:13 pm

INSW

International Seaways Inc (INSW) reported Q3 FY23 shipping revenue of $241.7 million, beating the consensus of $217.1 million. Adjusted EPS of $2.04 also beat the consensus of $1.68. The company raised contracted revenues to $344 million by entering into a new time charter agreement. It declared a quarterly dividend per share of 12 cents and a supplemental dividend per share of $1.31. The company bought back shares worth $14 million as of Q3-end, and it has $50 million worth of shares authorized under its share repurchase program.

Portfolio Pulse from Lekha Gupta

November 07, 2023 | 5:52 pm

CG

The Carlyle Group Inc (NASDAQ:CG) reported Q3 FY23 revenue of $776.6 million, missing the consensus of $809.6 million. Fee-Related Earnings declined 4% Y/Y to $205 million, with realized net performance revenues dropping to $150 million. Adjusted Distributable EPS of $0.87 beat the consensus of $0.72. Total assets under management came in at $382 billion, down 1% Q/Q. The Board of Directors declared a quarterly dividend per share of $0.35.

Portfolio Pulse from Lekha Gupta

November 07, 2023 | 5:13 pm