Streetbeat News

Dividends

METC

Ramaco Resources Inc (NASDAQ:METC) shares are trading higher after the company updated its third-quarter guidance. The company now expects adjusted third-quarter earnings to be between 42 cents and 45 cents per share, a potential increase of 160% compared to the second quarter. The company also expects to ship 996,000 tons of coal during the third quarter, up about 39% from the prior quarter. Ramaco's board declared a cash dividend of $0.125 per share of Class A common stock and $0.2487 per share of Class B common stock.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 3:34 pm

INTU

SAP

Intuit (NASDAQ:INTU) is distributing a dividend payout of $0.90 per share, with an annualized dividend yield of 0.72%. The company has shown a steady increase in dividend per share from $2.00 in 2019 to $2.92 in 2022, and an upward trend in earnings per share from $6.87 to $11.96 over the same period. Compared to its industry peers, Intuit's dividend yield is moderate, with SAP (NYSE:SAP) having the highest annualized dividend yield at 1.71%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:05 pm

DEI

Douglas Emmett (NYSE:DEI) is set to distribute a dividend payout of $0.19 per share, resulting in an annualized dividend yield of 5.48%. The company's dividend per share has decreased from $1.06 in 2019 to $1.03 in 2022, while its earnings per share have increased from $1.76 to $2.00 over the same period. This suggests a strategic decision to prioritize reinvestment of profits into operations over dividend payments.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:05 pm

CPT

Camden Prop Trust (NYSE:CPT) is set to deliver a dividend payout of $1.00 per share, equating to an annualized dividend yield of 3.87%. The company has shown a notable growth in its dividend per share from $3.20 to $3.76 during 2019 to 2022. Additionally, the company's earnings per share have increased from $5.02 to $5.61 in the same period. This suggests that the company is in good financial standing and could continue distributing profits back to investors.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:05 pm

DOC

Physicians Realty Trust (NYSE:DOC) is distributing a dividend payout of $0.23 per share, demonstrating an annualized dividend yield of 7.15%. The company has maintained a steady dividend per share of $0.92 from 2019 to 2022. The earnings per share have increased from $1.00 in 2019 to $1.06 in 2022, indicating a favorable financial position and potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:05 pm

GES

SCVL

Shoe Carnival (NASDAQ:SCVL) is distributing a dividend payout of $0.12 per share, with an annualized dividend yield of 2.15%. The company has shown an upward trajectory in its dividend per share from 2019 to 2022, and its earnings per share have also increased from $1.31 in 2019 to $4.00 in 2022. This suggests a strong financial position and potential for higher cash dividend payouts in the future. Shoe Carnival's dividend yield is in the middle range compared to its industry peers, with Guess (NYSE:GES) having the highest annualized dividend yield at 5.45%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:05 pm

CAT

Caterpillar (NYSE:CAT) has announced a quarterly dividend of $1.3 per share. The stock will go ex-dividend on Friday, meaning it will likely open $1.3 lower than usual. Shareholders who own CAT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on November 20, 2023.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:45 pm

SVC

Service Properties Trust (NASDAQ:SVC) has announced a quarterly dividend of 20 cents 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

ILPT

Industrial Logistics (NASDAQ:ILPT) 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 who own ILPT 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

OPI

Office Props IT (NASDAQ:OPI) has announced a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 25 cents lower to reflect the payout. Shareholders who own OPI 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