Streetbeat News

Dividends

WRK

WestRock Company (NYSE:WRK) has announced a 10% increase in its quarterly dividend to $0.3025 per share. The dividend will be paid on November 21, 2023, to stockholders of record as of November 13, 2023. The company held $314.8 million in cash and equivalents as of June 30, 2023. Westrock is set to report its Q4 FY23 earnings on November 9, 2023. Following the announcement, WRK shares are trading higher by 1.48% at $35.76.

Portfolio Pulse from Shivani Kumaresan

October 27, 2023 | 3:42 pm

CVX

Chevron's CEO has announced that investors can expect a higher dividend in Q4. This news was shared during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:06 pm

ARR

TWO

Two Harbors Inv (NYSE:TWO) is set to deliver a dividend payout of $0.45 per share, equating to an annualized dividend yield of 12.86%. The company has seen a decrease in dividend per share from $1.67 to $1.11 from 2019 to 2022, and a decrease in earnings per share from $6.44 to $3.12 in the same period. ARMOUR Residential REIT (NYSE:ARR) leads the industry with the highest annualized dividend yield at 34.51%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:05 pm

HAS

JOUT

Johnson Outdoors (NASDAQ:JOUT) will distribute a dividend payout of $0.33 per share, with an annualized dividend yield of 2.52%. The company has seen a notable growth in its dividend per share from $0.62 to $1.22 between 2019 and 2022, but a decrease in earnings per share from $5.11 to $4.37. Hasbro (NASDAQ:HAS) has the highest annualized dividend yield at 5.79% among industry peers.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:05 pm

ELP

OGE

OGE Energy (NYSE:OGE) is distributing a dividend payout of $0.42 per share, with an annualized dividend yield of 4.77%. The company has shown a steady increase in dividend per share from 2019 to 2022, and its earnings per share have also increased during this period. OGE Energy's dividend yield is in the middle range compared to its industry peers, with Cia Paranaense De Energia (NYSE:ELP) having the highest annualized dividend yield at 8.15%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:05 pm

AMT

American Tower (NYSE:AMT) is distributing a dividend payout of $1.62 per share, with an annualized dividend yield of 3.65%. The company has shown a positive financial trend from 2019 to 2022, with an increase in both dividend per share and earnings per share. This suggests their capacity to continue distributing profits to shareholders.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:05 pm

BUSE

PFS

First Busey (NASDAQ:BUSE) has announced a dividend payout of $0.24 per share, resulting in an annualized dividend yield of 4.95%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.84 to $0.92. Earnings per share also increased from $2.11 to $2.32 over the same period. Provident Finl Servs (NYSE:PFS) has the highest annualized dividend yield in the industry at 6.69%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:05 pm

FAM

First Trust/Aberdeen Global (NYSE:FAM) has announced a monthly dividend of 6 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 6 cents lower to reflect the payout. Shareholders owning FAM by the end of Tuesday's session are eligible for the dividend, which will be paid out on November 15, 2023.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:45 pm

FPL

First Trust New Opps (NYSE:FPL) has announced a monthly dividend of 3.75 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 3.75 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on November 15, 2023.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:45 pm

FIF

First Trust Energy Infr (NYSE:FIF) announced it will pay a monthly dividend of 10 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 10 cents lower. Shareholders owning FIF by the end of Tuesday's session are eligible for the dividend, which will be paid out on November 15, 2023.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:45 pm