Streetbeat News

Dividends

TD

The article highlights three high-yield financial stocks to consider buying in November, offering yields as high as 6.3% and backed by strong business fundamentals.

Portfolio Pulse from

November 09, 2024 | 9:15 am

SBUX

Starbucks CEO Brian Niccol is implementing new strategies aimed at revitalizing the company's growth after a challenging year. These strategies could potentially help Starbucks regain favor on Wall Street and improve its dividend stock performance.

Portfolio Pulse from

November 09, 2024 | 9:00 am

YOU

Clear Secure reported strong Q3 revenue growth of 23.7% and a 28.8% year-over-year increase, driven by new members and price hikes. Despite a slight EPS miss, the company raised its dividend by 25% and maintained low customer churn. B2B partnerships, like with Uber, enhance revenue quality.

Portfolio Pulse from

November 09, 2024 | 9:00 am

BNS

The article highlights three high-yield bank stocks that are recommended for purchase in November, each offering yields significantly higher than the average bank yield of 2.5%.

Portfolio Pulse from

November 09, 2024 | 8:45 am

HSY

The article highlights two S&P 500 dividend stocks that are currently down by 28% or more, offering dividend yields of 3% or better. These stocks are considered quality businesses and are recommended for long-term holding.

Portfolio Pulse from

November 09, 2024 | 8:45 am

V

The article suggests that a particular dividend stock owned by Warren Buffett is a great choice for long-term investors seeking passive income. The stock is implied to be Visa Inc. (V), known for its strong dividend performance.

Portfolio Pulse from

November 09, 2024 | 8:45 am

KRIUF

The Keg Royalties Income Fund has declared a November 2024 cash distribution of $0.0946 per unit, payable on November 29, 2024, to unitholders of record as of November 21, 2024.

Portfolio Pulse from

November 09, 2024 | 1:30 am

SVNLF

Svenska Handelsbanken reported solid Q3 results with improved cost-to-income ratio and strong asset quality. Despite trailing broader European financials, the stock trades at less than 8x earnings, offering attractive returns due to a high payout ratio.

Portfolio Pulse from

November 08, 2024 | 11:30 pm

PSEC

Prospect Capital has cut its distribution, resulting in a 15% drop in its stock price. The stock now offers a 12% yield and trades at a 45% discount to its Net Asset Value (NAV).

Portfolio Pulse from

November 08, 2024 | 11:00 pm

VLO

Valero Energy Corporation's stock has dropped 25% since early 2024 highs due to weaker refining margins, but it remains a strong investment due to substantial cash flow and a 3.14% dividend. The company's renewable diesel and ethanol segments help stabilize earnings.

Portfolio Pulse from

November 08, 2024 | 10:30 pm