Streetbeat News

Dividends

BGX

Blackstone Long-Short (NYSE:BGX) has announced a monthly dividend of 11.2 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 11.2 cents lower. Shareholders who own BGX as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:45 pm

BGB

Blackstone Strategic (NYSE:BGB) has announced a monthly dividend of 10.2 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 10.2 cents lower to reflect the payout. Shareholders who own BGB as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:45 pm

RHP

Ryman Hospitality Props (NYSE:RHP) has announced a quarterly dividend of $1.0 per share. The stock will go ex-dividend on Thursday, meaning it will likely open $1.0 lower to reflect the payout. Shareholders who own RHP as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on October 16, 2023.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:45 pm

FBRT

FOR

IRS

RITM

TCI

Benzinga Insights has identified five notable value stocks in the real estate sector based on their low P/E multiples. These include Transcontinental Realty (TCI), Franklin BSP Realty Trust (FBRT), IRSA Inversiones y (IRS), Forestar Group (FOR), and Rithm Capital (RITM). Recent earnings reports show increases in earnings per share for most of these companies, with changes in dividend yields also noted.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:39 pm

STLD

Steel Dynamics, Inc. (NASDAQ:STLD) has issued a caution on its Q3 outlook, projecting lower EPS than consensus estimates. The company expects profitability of steel operations to decline due to lower realized flat rolled steel pricing. Earnings from metals recycling and steel fabrication operations are also expected to decrease. Despite this, the company has repurchased $920 million worth of shares and paid $202 million in dividends to shareholders during the year.

Portfolio Pulse from Akanksha Bakshi

September 18, 2023 | 2:10 pm

AVGR

RDHL

SQL

SeqLL shares are trading higher after the company announced the date of its cash and stock dividend. RedHill announced FDA sNDA approval for Talicia®. Avinger initiates full commercial launch of Tigereye ST Image-Guided CTO Crossing Device.

Portfolio Pulse from ryanfaloona@benzinga.com

September 18, 2023 | 12:48 pm

FLT

ORCL

STX

UPS

On CNBC's 'Halftime Report Final Trades', analysts recommended United Parcel Service (UPS), Oracle Corporation (ORCL), Seagate Technology Holdings (STX), and FLEETCOR Technologies (FLT). UPS was highlighted for its 4% dividend and 16 multiple, with a 13% annual dividend increase over the past five years. Oracle was recommended as an entry point after recent earnings. Seagate was picked for its 4.5% dividend yield and recent decision to issue $1.3 billion in exchangeable senior unsecured notes. FLEETCOR was noted for reaching a 52-week high and its brand Corpay's new partnership with Aston Villa Football Club.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:45 pm

SQL

SeqLL has announced the date of its cash and stock dividend, leading to a rise in its share prices.

Portfolio Pulse from Luke J Jacobi

September 18, 2023 | 12:33 pm

LEN

Lennar Corporation (NYSE:LEN) reported better-than-expected Q3 results with earnings of $3.91 per share and sales of $8.73 billion. New orders increased 37% to 19,666 homes. The company offers an annual dividend yield of 1.31%, which is a quarterly dividend amount of $0.375 a share. To earn $500 per month from dividends, an investment of approximately $459,040 or around 4,000 shares is needed.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:26 pm

ARLP

NACCO Industries (NYSE:NC) is set to deliver a dividend payout of $0.22 per share, equating to an annualized dividend yield of 2.73%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.74 to $0.82. Additionally, NACCO Industries experienced a growth in earnings per share, with an increase from $6.33 to $9.81 from 2019 to 2022. This indicates the company's potential to enhance their cash dividend payout.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:05 pm