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Dividends

BBWI

GPK

KFS

MPX

TOL

Benzinga Insights has identified several value stocks in the consumer cyclical sector that may be worth watching. These include Marine Prods (MPX), Kingsway Financial Servs (KFS), Toll Brothers (TOL), Graphic Packaging Holding (GPK), and Bath & Body Works (BBWI). The companies have shown various changes in their earnings per share and dividend yields in the recent quarters.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:44 pm

PCAR

PACCAR Inc reported Q3 FY23 sales of $8.23 billion, exceeding the consensus of $8.01 billion. The company's Financial Services revenues rose to $464.1 million, and global truck deliveries increased to 50,100 units. The EPS of $2.34 beat the analyst consensus of $2.12. The company declared a quarterly cash dividend of $0.27 per share. PACCAR shares are trading higher by 2.77% at $83.61.

Portfolio Pulse from Lekha Gupta

October 24, 2023 | 2:01 pm

AM

CVI

SFL

Three energy stocks with high dividend yields have been highlighted by Wall Street's most accurate analysts. CVR Energy, Inc. (NYSE:CVI) has a dividend yield of 6.19% and recently reported better-than-expected Q2 earnings. SFL Corporation Ltd. (NYSE:SFL) offers a dividend yield of 8.82%, but its Q2 revenue missed consensus estimates. Antero Midstream Corporation (NYSE:AM) has a dividend yield of 7.24% and also posted better-than-expected Q2 earnings.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 1:05 pm

BCS

Barclays PLC reported Q3 total income growth of 5% Y/Y to £6.26 billion, but EPS declined to 8.3p from 9.4p Y/Y. Barclays UK income fell by 2% Y/Y, while Barclays International grew by 9% Y/Y. Operating expenses increased, and attributable profit declined 16% Y/Y. The company paid a half-year dividend of 2.7p per share and completed a £750 million share buyback. For 2023, Barclays reiterated a loan loss rate of 50-60bps and a return on tangible equity above 10%. The company's shares are down by 5.70% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

October 24, 2023 | 12:40 pm

HXL

Hexcel Corporation reported weaker-than-expected Q3 results, with earnings of 38 cents per share and sales of $419.50 million, both below market estimates. The company reaffirmed FY23 earnings of $1.80 to $1.94 per share and revenue of $1.765 billion to $1.835 billion. Hexcel offers an annual dividend yield of 0.73%, which is a quarterly dividend amount of $0.1250 per share. To earn $500 per month from dividends, an investment of approximately $819,817 or around 12,632 shares is needed.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 12:36 pm

CNC

Centene Corp has increased its FY23 guidances for adjusted EPS to $6.60, up from the previous $6.45, and above the estimated $6.5. The company also raised its premium and services revenues by $500M, against the estimated $148.5B. Additionally, Centene announced the divestiture of Circle Health for $1.2B.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 10:16 am

ORAN

Orange (ORAN) plans to propose a dividend of EUR0.72 per share for 2023 at the annual shareholders' meeting in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 9:06 am

ORAN

Orange has confirmed an interim dividend cash payment for 2023 of EUR0.30 per share.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 9:04 am

AMZN

WMT

Over the past year, Walmart (NYSE:WMT) has outperformed Amazon (NASDAQ:AMZN) with a 17.26% jump compared to Amazon's 5.63%. However, year-to-date, Amazon has risen a solid 50.67% compared to Walmart’s 14.86%. Walmart is a consistent dividend payer, while Amazon does not have a dividend policy. Analysts are bullish on both stocks, with consensus recommendations of “Buy” for both. The relative attractiveness of these stocks largely depends on how the economic environment plays out.

Portfolio Pulse from Shanthi Rexaline

October 24, 2023 | 8:05 am

T

AT&T shares are trading lower due to the US 10-year Treasury yield crossing 5%, which could drive a rotation out of dividend-paying stocks.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:11 pm