Streetbeat News

Dividends

EMN

IFF

Intl Flavors & Fragrances (IFF) will distribute a dividend payout of $0.81 per share on July 11, 2023, equating to an annualized dividend yield of 3.37%. The company's dividend yield falls in the middle range compared to its industry peers, with Eastman Chemical (EMN) having the highest annualized dividend yield at 3.76%. Despite a decrease in earnings per share from $5.93 to $5.69 between 2019 and 2022, IFF has increased its dividend per share from $2.96 to $3.20, indicating a focus on enhancing shareholder value.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:38 pm

GMRE

Global Medical REIT (NYSE:GMRE) is set to reward its shareholders with a dividend payout of $0.21 per share, demonstrating an annualized dividend yield of 9.08%. The company has shown a steady increase in its dividend per share from $0.80 in 2019 to $0.84 in 2022. Additionally, the company's earnings per share have also increased from $0.74 in 2019 to $0.98 in 2022, indicating a strong financial position and potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:37 pm

BTI

PM

Philip Morris Intl (NYSE:PM) will issue a dividend payout of $1.27 per share, resulting in an annualized dividend yield of 5.51%. The company has shown a steady increase in dividend per share from 2019 to 2022, and an increase in earnings per share, indicating a strong financial position. British American Tobacco (NYSE:BTI) has the highest annualized dividend yield at 8.54% among its peers.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:35 pm

AZN

CVS

MDT

Three high-dividend yield healthcare stocks, AstraZeneca PLC (AZN), Medtronic plc (MDT), and CVS Health Corporation (CVS), have been recommended by Wall Street's most accurate analysts. AstraZeneca has a dividend yield of 3.00%, Medtronic has a yield of 3.19%, and CVS Health has a yield of 3.49%. Recent news for these companies includes AstraZeneca's phase 3 trial results, Medtronic's new clinical data presentation, and CVS Health's renewable energy agreement with Constellation Energy Corporation.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:44 pm

NE

Noble Corporation Plc's board of directors has declared a quarterly interim dividend of $0.30 per share on its A ordinary shares. The dividend will be payable on September 14, 2023, to shareholders of record at close of business on August 17, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:47 pm

CMI

Cummins Inc. has announced an increase in its quarterly dividend from $1.57 to $1.68 per share.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:16 pm

TEX

Terex Corporation (TEX) has announced an increase in its quarterly dividend from $0.15 to $0.17.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:12 pm

CALM

JJSF

J&J Snack Foods (NASDAQ:JJSF) is distributing a dividend payout of $0.70 per share, with an annualized dividend yield of 1.79%. The company has shown a positive dividend growth pattern from 2019 to 2022, but a decrease in earnings per share over the same period. Cal-Maine Foods (NASDAQ:CALM) has the highest annualized dividend yield in the industry at 11.74%.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:20 pm

XFLT

XAI Octagon FR & Alt Inc (NYSE:XFLT) has announced a monthly dividend of 8.5 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 8.5 cents lower to reflect the payout. Shareholders owning XFLT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 01, 2023.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:46 pm

HYB

New America High Inc (NYSE:HYB) has announced a monthly dividend of 4 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 4 cents lower to reflect the payout. Shareholders who own HYB as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:46 pm