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COST

CVS

MDLZ

SHEL

On CNBC's 'Halftime Report Final Trades', Brenda Vingiello of Sand Hill Global Advisors praised Mondelez International's organic growth. Analysts from Exane BNP Paribas and BofA Securities have upgraded and maintained the stock respectively, though the latter lowered the price target. CVS Health Corporation was named as a final trade by Jim Lebenthal of Cerity Partners, despite reports of a planned nationwide walkout by pharmacy staff. Amy Raskin of Chevy Chase Trust highlighted Shell's cheap stock and nice dividend, and the company's expanded collaboration with C3.ai. Joseph Terranova of Virtus Investment Partners mentioned Costco Wholesale Corporation, which is facing legal action over sharing sensitive customer information.

Portfolio Pulse from Lisa Levin

October 18, 2023 | 12:20 pm

CFG

Citizens Financial Group Inc's shares are down by around 3% after the company missed Q3 FY23 earnings estimates. The company reported a 7% Y/Y revenue decline to $2.01 billion, missing the analyst consensus of $2.04 billion. Adjusted net income for the quarter decreased 33% Y/Y to $448 million. The board of directors declared a quarterly common stock dividend of $0.42 per share.

Portfolio Pulse from Lekha Gupta

October 18, 2023 | 11:58 am

BAC

Bank of America Corp (NYSE:BAC) reported better-than-expected earnings for Q3 with an EPS of $0.90, beating the consensus of $0.81. Revenue increased 3% YoY to $25.32 billion, surpassing the consensus of $25.14 billion. The bank offers an annual dividend yield of 3.48%, which is a quarterly dividend amount of 24 cents per share. To earn $500 per month or $6,000 annually from dividends alone, an investment of approximately $172,625 or around 6,250 shares is needed.

Portfolio Pulse from Lisa Levin

October 18, 2023 | 11:53 am

EGP

INVH

PLD

Three real estate stocks with over 3% dividend yields have been highlighted by Wall Street's most accurate analysts. These include EastGroup Properties, Inc. (EGP), Prologis, Inc. (PLD), and Invitation Homes Inc. (INVH). Recent news for these companies includes better-than-expected sales for EGP, higher-than-expected rental revenues for PLD, and an upcoming Q3 2023 financial and operating results release for INVH.

Portfolio Pulse from Lisa Levin

October 18, 2023 | 11:44 am

SCL

Stepan Company has approved an increase of $0.010 per share, or 2.7%, on its quarterly cash dividend. The dividend of $0.375 per share will be payable on December 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:06 am

ASML

ASML Holding NV reported Q3 FY23 net sales of €6.67 billion ($7.26 billion), missing the consensus of $8.53 billion. The company's Q3 net bookings were €2.60 billion, down from €8.92 billion a year ago. However, the gross margin increased to 51.9% due to DUV product mix and one-off costs impacts. The company also announced an interim dividend of €1.45 per share and repurchased around €100 million worth of shares. ASML expects 2024 to be a transition year with similar revenue to 2023.

Portfolio Pulse from Lekha Gupta

October 18, 2023 | 9:59 am

BRK

MITSY

Mitsui & Co., a leading Japanese trading house, warns that global demand for liquefied natural gas (LNG) will likely exceed supply expectations. The company, backed by Warren Buffett's Berkshire Hathaway, is deeply involved in fossil fuels and is focusing on diversifying its energy sources. Mitsui plans to increase dividends when their base profit earnings power rises.

Portfolio Pulse from Benzinga Neuro

October 18, 2023 | 9:07 am

ASML

ASML Holding has announced an interim dividend of €1.45 per ordinary share, payable on November 10, 2023. The company has also updated its share buyback program.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:15 am

LBRT

Liberty Energy Inc. (NYSE:LBRT) has announced a 40% increase in its quarterly cash dividend from $0.05 to $0.07 per share. The dividend will be paid on December 20, 2023 to holders of record as of December 6, 2023. The increase is in response to significant growth in per share earnings and cash generating abilities from the company's business transformation over the last three years.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:36 pm

LECO

Lincoln Electric has announced an 11% increase in its quarterly cash dividend from $0.64 to $0.71 per share. The dividend will be payable on January 12, 2024, to shareholders of record at the close of business on December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:36 pm