Streetbeat News

Dividends

KO

Soft drink stocks are trading lower possibly due to comments from Walmart indicating that weight-loss drugs are affecting food sales. Rising yields could also negatively impact dividend stocks like Coca-Cola.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 6:48 pm

RPM

RPM International has announced an increase in its quarterly dividend from $0.42 per share to $0.46 per share.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 6:32 pm

ARE

BMY

GOOGL

LLY

MRNA

Alexandria Real Estate Equities Inc. (ARE) is a REIT with a portfolio of 850 tenants in 430 properties devoted to life science, agtech and advanced technology companies. Despite the trend of tech workers leaving California, ARE maintains high occupancy rates. Its largest tenants include Bristol-Myers Squibb Co. (BMY), Moderna Inc. (MRNA), Eli Lilly and Co. (LLY), and Alphabet Inc. (GOOGL). ARE recently declared a $1.24 per share quarterly dividend. Despite disappointing full-year 2023 FFO estimates, analysts from Wedbush and Evercore ISI Group maintain an Outperform rating on ARE.

Portfolio Pulse from Ethan Roberts

October 05, 2023 | 3:19 pm

AMAL

MAIN

PFIS

SFBC

WAFD

Benzinga Insights has identified five value stocks in the financial services sector based on quantified analysis. These include Main Street Capital (P/E: 8.94), WaFd (P/E: 6.18), Peoples Financial Servs (P/E: 7.96), Sound Financial Bancorp (P/E: 9.16), and Amalgamated Financial (P/E: 5.71). The report also provides recent earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:50 pm

PSF

Cohen & Steers Select (NYSE:PSF) has announced a monthly dividend of 12.6 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own PSF as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:45 pm

PTA

COHEN & STEERS TAX-ADV (NYSE:PTA) has announced a monthly dividend of 13.4 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely trade lower to reflect the payout. Shareholders owning PTA by the end of Monday's session are eligible for the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:45 pm

RFI

Cohen & Steers Total (NYSE:RFI) announced it will pay a monthly dividend of 8 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders owning RFI as of the end of Monday's session are eligible for the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:45 pm

RLTY

Cohen & Steers Real (NYSE:RLTY) has announced a monthly dividend of 11 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own RLTY as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:45 pm

RNP

Cohen & Steers REIT (NYSE:RNP) has announced a monthly dividend of 13.6 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own RNP as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:45 pm

RQI

COHEN & STEERS QUALITY (NYSE:RQI) has announced a monthly dividend of 8 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own RQI as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 2:45 pm