Streetbeat News

Dividends

DHC

Diversified Healthcare (NASDAQ:DHC) has announced a quarterly dividend of 1 cent per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. 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 16, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

RMR

RMR Gr (NASDAQ:RMR) has announced a quarterly dividend of 40 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 40 cents lower to reflect the payout. Shareholders who own RMR as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 16, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

CEQP

Crestwood Equity Partners (NYSE:CEQP) has announced a quarterly dividend of 65.5 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 65.5 cents lower. Shareholders who own CEQP as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

GLBZ

Glen Burnie Bancorp (NASDAQ:GLBZ) has announced a quarterly dividend of 10 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 10 cents lower to reflect the payout. Shareholders who own GLBZ as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 06, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

USAC

USA Compression Partners (NYSE:USAC) has announced a quarterly dividend of 52.5 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 52.5 cents lower than usual. Shareholders who own USAC as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 03, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

ACI

Albertsons Companies Inc (NYSE:ACI) reported Q2 FY23 sales growth of 2% YoY to $18.29 billion, slightly above the analyst consensus estimate. The growth was driven by a 2.9% increase in identical sales, a 19% increase in digital sales, and retail price inflation. However, the gross margin rate contracted 30 basis points to 27.6% due to strong growth in pharmacy operations and increases in shrink. The company's Board declared a cash dividend for Q3 of fiscal 2023 of $0.12 per share. ACI shares are trading lower by 0.22% at $22.45.

Portfolio Pulse from Shivani Kumaresan

October 17, 2023 | 1:59 pm

SCHW

Charles Schwab Corporation (NYSE:SCHW) reported better-than-expected Q3 earnings, despite a 16% YoY decline in net revenue to $4.61 billion. The company's adjusted EPS was $0.77, down 30% YoY. The company's dividend yield is currently 1.86%, equating to a quarterly dividend of 25 cents per share. The article explains how an investor could generate $500 monthly from Charles Schwab dividends, requiring ownership of approximately $322,320 worth of Charles Schwab, or 6,000 shares.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 12:22 pm

DOW

EMN

SMG

Three high-dividend yield materials stocks, Dow Inc. (DOW), The Scotts Miracle-Gro Company (SMG), and Eastman Chemical Company (EMN), have been recommended by Wall Street's most accurate analysts. DOW has a dividend yield of 5.58%, SMG has a yield of 5.39%, and EMN yields 4.31%. Recent news for these companies include DOW's Q2 FY23 sales beating consensus, SMG's executive team reorganization, and EMN's agreement to sell its Texas City Operations for $490 million.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 11:41 am

MAIN

Main Street Capital Corporation (NYSE:MAIN) has announced its preliminary Q3 2023 results, including net investment income (NII) of $0.98-$1.00 per share, distributable net investment income (DNII) of $1.03-$1.05 per share, and net asset value (NAV) of $28.30-$28.36 per share. The company's CEO, Dwayne L. Hyzak, highlighted the strong recurring operating results, a new record for NAV per share for the fifth consecutive quarter, and a return on equity of over 17%. The company also expects to pay a meaningful supplemental dividend in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 11:09 am

GLV

Clough Global Dividend (AMEX:GLV) has announced a monthly dividend of 5.97 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 2:45 pm