Streetbeat News

Dividends

FISI

FLIC

First of Long Island (NASDAQ:FLIC) is distributing a dividend of $0.21 per share, leading to an annualized dividend yield of 7.30%. The company's dividend per share and earnings per share have shown a positive trend from 2019 to 2022, indicating a healthy financial status. The company's dividend yield is in the middle when compared to its industry peers, with Financial Institutions (NASDAQ:FISI) having the highest annualized dividend yield at 7.38%.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:05 pm

IMKTA

VLGEA

Ingles Markets (NASDAQ:IMKTA) will distribute a dividend payout of $0.17 per share, translating to an annualized dividend yield of 0.88%. The company has maintained a steady dividend per share of $0.66 from 2019 to 2022, indicating its commitment to providing stability to shareholders. The earnings per share have increased from $4.03 in 2019 to $14.35 in 2022, suggesting potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 3:05 pm

MTX

Minerals Technologies Inc (NYSE:MTX) has doubled its regular quarterly dividend to $0.10 per share and authorized a new, one-year $75 million share repurchase program. The dividend is payable on December 7, 2023, to stockholders of record at the close of business on November 1, 2023. The company's shares traded higher by 6.30% at $53.30 on the last check Thursday.

Portfolio Pulse from Shivani Kumaresan

October 19, 2023 | 2:54 pm

LOW

Lowe's Companies (NYSE:LOW) has announced a quarterly dividend of $1.1 per share. The stock will go ex-dividend on Tuesday, 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 08, 2023.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:45 pm

CLX

Clorox (NYSE:CLX) has announced a quarterly dividend of $1.2 per share, payable on November 09, 2023. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:45 pm

LKFN

Lakeland Financial (NASDAQ:LKFN) has announced a quarterly dividend of 46 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own LKFN as of the end of Monday's session are eligible to receive the dividend, which will be paid out on November 06, 2023.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:45 pm

AM

Antero Midstream (NYSE:AM) has announced a quarterly dividend of 22.5 cents per share. To be eligible for this dividend, shareholders must own the stock before the ex-dividend date, which is Tuesday. The dividend will be paid out to shareholders on November 08, 2023.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:45 pm

KALU

Kaiser Aluminum (NASDAQ:KALU) has announced a quarterly dividend of 77 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 77 cents lower. Shareholders who own KALU as of the end of Monday's session are eligible to receive the dividend, which will be paid out on November 15, 2023.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:45 pm

CPE

FRO

PBF

PXS

SDRL

Benzinga Insights has identified several value stocks in the energy sector that may be worth watching, including Pyxis Tankers (PXS), Seadrill (SDRL), PBF Energy (PBF), Frontline (FRO), and Callon Petroleum (CPE). These companies have shown changes in their earnings per share and dividend yields in the recent quarter. However, the risk of investing in a value stock is that the emergence from its undervalued position may never materialize.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:39 pm

LVS

Las Vegas Sands (NYSE:LVS) reported strong 3Q earnings, beating analyst estimates with a revenue of $2.8B, almost 3x last year's level. Adjusted property EBITDA of $1.12B was above last quarter's $973MM and significantly higher than last year's $191MM. The company's focus on the high-margin premium mass market has paid off, with property-level EBITDA margins of 40.1%. The company has also increased its stock buyback authorization to $2B and re-initiated the dividend at $.20/quarter. The strong results and increased capital return to shareholders are expected to be positively received by the market.

Portfolio Pulse from Gary Brode

October 19, 2023 | 2:20 pm