Streetbeat News

Dividends

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

PBR

Petrobras' Board of Directors has approved a proposal to revise its bylaws. The revision aims to create a capital remuneration reserve, clarify insurance coverage for managers, address unconstitutional provisions, and allow partial digital shareholders' meetings. The reserve will ensure resources for the payment of dividends, interest on equity, share buybacks, absorption of losses, and incorporation into the share capital.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 4:56 pm

ESLT

Elbit Systems (NASDAQ:ESLT) is distributing a dividend payout of $0.50 per share, with an annualized dividend yield of 0.97%. The company has shown a steady growth in its dividend per share from $1.76 to $2.00 between 2019 and 2022. Additionally, earnings per share increased from $6.24 to $6.49 during the same period, indicating potential for future cash dividend payout increases.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:05 pm

TSX:TCL

Transcontinental (TSX:TCL) has announced a dividend payout of $0.23 per share, demonstrating an annualized dividend yield of 6.86%. The company has maintained a stable dividend per share of $0.90 from 2020 to 2022. However, the company's earnings per share have decreased from $2.60 in 2020 to $2.19 in 2022, raising concerns about the company's financial stability and its ability to sustain the distribution of profits to shareholders.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:05 pm

CMCT

Creative Media (NASDAQ:CMCT) is set to distribute a dividend payout of $0.09 per share, resulting in an annualized dividend yield of 8.40%. The company has seen a growth in its dividend per share from $0.30 to $0.34 between 2020 and 2022. However, during the same period, its earnings per share decreased from $1.42 to $-0.91, indicating a potential impact on the company's ability to sustain or increase its cash dividend payouts.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:05 pm

ROP

SAP

Roper Techs (NASDAQ:ROP) has announced a dividend payout of $0.68 per share, demonstrating an annualized dividend yield of 0.56%. The company's dividend per share has shown a positive trend, increasing from $1.90 in 2019 to $2.54 in 2022. Additionally, Roper Techs has shown an upward trend in earnings, with earnings per share rising from $12.88 to $15.12 from 2019 to 2022. The company's dividend yield falls in the middle range when compared to its industry peers, with SAP (NYSE:SAP) having the highest annualized dividend yield at 1.71%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:05 pm

RVSB

UBFO

Riverview Bancorp (NASDAQ:RVSB) is set to distribute a dividend payout of $0.06 per share, resulting in an annualized dividend yield of 4.28%. The company has seen a notable growth in its dividend per share from $0.18 in 2019 to $0.23 in 2022. The earnings per share also increased from $0.76 in 2019 to $0.89 in 2022. When compared to its industry peers, Riverview Bancorp's dividend yield is in the middle, with United Security (NASDAQ:UBFO) having the highest annualized dividend yield at 6.68%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 3:05 pm

PNM

PNM Resources (NYSE:PNM) has announced a quarterly dividend of 36.75 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 36.75 cents lower to reflect the payout. Shareholders who own PNM as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on November 10, 2023.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:46 pm

CNXC

Concentrix (NASDAQ:CNXC) has announced a quarterly dividend of 30.25 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 30.25 cents lower. Shareholders who own CNXC as of the end of Wednesday's session are eligible to receive the dividend payout. The dividend will be paid out on November 07, 2023.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 2:45 pm