Streetbeat News

Dividends

NRP

Natural Resources (NYSE:NRP) has announced a quarterly dividend of 75 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 75 cents lower to reflect the payout. Shareholders who own NRP as of the end of Monday's session are eligible to receive the dividend, which will be paid out on August 23, 2023.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 2:45 pm

AMPY

E

FANG

GLP

NOG

The article lists five value stocks in the energy sector, which are traditionally undervalued. The stocks are Global Partners (GLP), Amplify Energy (AMPY), Northern Oil & Gas (NOG), Eni (E), and Diamondback Energy (FANG). All companies have reported their Q2 earnings per share and dividend yields, with most showing a decrease from Q1.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 2:39 pm

CCOI

Cogent Communications Holdings (NASDAQ:CCOI) reported Q2 FY23 service revenue growth of 61.5% YoY to $239.81 million, missing the consensus of $264.06 million. Adjusted EPS loss of $(0.67) missed the Street view of $0.01. Total customer connections increased by 58.1% YoY to 151,430. The company recorded an operating loss of $(34.06) million in Q2. The company's board approved an increase of $0.01 per share to its regular quarterly dividend for a total of $0.945 per share for Q3.

Portfolio Pulse from Akanksha Bakshi

August 10, 2023 | 2:07 pm

CVS

MDT

PINC

The most accurate Wall Street analysts have recommended holding three high-dividend yield healthcare stocks: Premier, Inc. (PINC), CVS Health Corporation (CVS), and Medtronic plc (MDT). Premier recently announced it will divest its non-healthcare GPO operations for approximately $800 million. CVS Health reported better-than-expected Q2 results and issued FY23 guidance. Medtronic recalled certain implantable cardioverter defibrillators and cardiac resynchronization therapy defibrillators.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 12:29 pm

NLCP

NewLake Capital Partners, Inc. (OCTQX:NLCP) reported Q2 2023 revenue of $11.4 million, up 8.2% YoY. Net income attributable to common stockholders was $5.8 million, up from $3.8 million in Q2 2022. The company maintained its quarterly dividend of $0.39 per share and repurchased 105,679 shares in the first half of the year. NewLake Capital is providing AFFO guidance for full year 2023 of $39.8 to $40.8 million.

Portfolio Pulse from Vuk Zdinjak

August 10, 2023 | 12:09 pm

EIC

Eagle Point Income Company Inc. has announced a 13% increase in common stock distributions for the fourth quarter of 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:32 pm

ENS

EnerSys has announced a 29% increase in its dividend to $0.225 per share.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:17 pm

ERF

Enerplus Corporation has announced an increase in its quarterly dividend from $0.555 to $0.06.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:08 pm

BERY

Berry Global Group, Inc. (NYSE:BERY) reported a Q3 FY23 sales decline of 13.3% YoY to $3.23 billion, missing the consensus of $3.42 billion. The decline is attributed to decreased selling prices and a 7% volume decline due to softer demand. Operating income fell 20.5% YoY to $267 million. Adjusted EPS of $1.90 missed the analyst consensus of $1.98. The company plans to repurchase nearly 3 million shares in the fourth fiscal quarter and anticipates returning at least $700 million of capital to shareholders through share repurchases and dividends.

Portfolio Pulse from Nabaparna Bhattacharya

August 09, 2023 | 5:38 pm

REYN

Reynolds Consumer Products Inc (NASDAQ:REYN) reported Q2 FY23 sales growth of 3% YoY to $940 million, beating the analyst consensus. Adjusted EPS of $0.32 beat the analyst consensus of $0.28. The company's Board of Directors approved a quarterly dividend of $0.23 per share. The company revised the FY23 EPS outlook from $1.30 - $1.41 to $1.34 - $1.41. REYN shares are trading higher by 4.23% at $28.97.

Portfolio Pulse from Shivani Kumaresan

August 09, 2023 | 5:24 pm