Streetbeat News

Dividends

SOI

Solaris Oilfield Infrastructure has announced a 9% increase in its quarterly cash dividend, raising it from $0.11 to $0.12 per share. The dividend will be paid on December 11, 2023. This is the third raise since the initiation of the dividend in 2018 and will be Solaris' 21st consecutive quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 6:48 am

BCC

Boise Cascade has declared a special dividend of $5.00 per share, in addition to a quarterly dividend of $0.20 per share. The dividends will be paid on December 15, 2023 to stockholders of record on December 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:56 pm

AROW

Arrow Financial Corporation (AROW) has declared a quarterly cash dividend of $0.27 per share, marking the 42nd consecutive quarterly cash dividend. The company is also resuming its Dividend Reinvestment Plan (DRIP) and expanding its stock repurchase program by $5 million, bringing the total availability to $9.1 million. The company expects to resume repurchases in the coming months.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:19 pm

MUSA

Murphy USA Inc. has announced a 5.1% increase in its dividend to $0.41 per share.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:59 pm

WTTR

Select Water Solutions (WTTR) has announced a 20% increase in its quarterly cash dividend from $0.05 to $0.06 per share. The dividend will be paid on November 17, 2023, to holders of record as of the close of business on November 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:55 pm

FIX

Comfort Systems has announced an increase in its dividend from $0.225 to $0.25.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:50 pm

ROK

Rockwell Automation, Inc. (NYSE:ROK) has increased its quarterly dividend from $1.18 to $1.25 per share on its common stock. The dividend will be payable on Dec. 11, 2023, to shareholders of record as of Nov. 13, 2023. The increase reflects the company's strong operating performance and commitment to returning profits to shareholders.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:50 pm

HIG

Hartford Financial Services Group has increased its quarterly dividend from $0.4250 to $0.47 per share. The company returned $481 million to stockholders in the third quarter, including $350 million of shares repurchased and $131 million in common stockholder dividends paid.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:21 pm

VLO

Valero Energy Corp reported a Q3 FY23 revenue decline of 13.6% YoY to $38.404 billion, missing the consensus of $38.495 billion. However, EPS was $7.49, up from $7.14 a year ago, beating the consensus of $7.47. The company returned $2.2 billion to stockholders, with $1.8 billion used for the purchase of ~13 million shares of common stock. The Sustainable Aviation Fuel (SAF) project at the DGD Port Arthur plant remains on schedule and is expected to be completed in 2025.

Portfolio Pulse from Akanksha Bakshi

October 26, 2023 | 7:21 pm

VALE

Vale has announced a share buyback program of up to 150 million common shares to be carried out over 18 months. Additionally, the company will distribute 2.331661567 Reais per share to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 7:18 pm