Streetbeat News

Dividends

APOG

IONQ

KMX

MRNA

SWBI

Smith & Wesson Brands reported better-than-expected Q4 results and raised its quarterly dividend. Apogee Enterprises is expected to report earnings of $0.90 per share on revenue of $354.77 million. CarMax is expected to have earned $0.79 per share on revenue of $7.53 billion. IonQ lifted its booking expectations for the year by 25%. Moderna submitted an application to the FDA for the authorization of its updated vaccine.

Portfolio Pulse from Lisa Levin

June 23, 2023 | 8:00 am

SWBI

Smith & Wesson has increased its quarterly dividend from $0.10 to $0.12 per share.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:10 pm

ACI

KR

Kroger announced a 12% increase in its annual dividend to $1.16, marking the 17th consecutive year of dividend growth. The company reported 1.3% YoY sales growth in Q1 FY23 but missed analyst consensus. Kroger has paused its share repurchase program to prioritize de-leveraging following the proposed merger with Albertsons Companies.

Portfolio Pulse from Lekha Gupta

June 22, 2023 | 4:53 pm

CMC

Commercial Metals Co (NYSE:CMC) reported Q3 FY23 sales of $2.34 billion, beating the consensus of $2.24 billion. Adjusted EPS of $2.02 also beat the consensus of $1.76. The company declared a quarterly dividend of $0.16 per share. CMC shares are trading higher by 5.30% at $50.15.

Portfolio Pulse from Lekha Gupta

June 22, 2023 | 2:48 pm

AMPY

KRP

NINE

SJT

YPF

Benzinga Insights has identified five value stocks in the energy sector based on quantified analysis. These stocks include YPF, Amplify Energy, San Juan Basin Royalty, Kimbell Royalty Partners, and Nine Energy Service.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 2:48 pm

MERC

Monday is the last day for investors to buy Mercer Intl (NASDAQ:MERC) shares to be eligible for the next dividend payout of 7.5 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on July 6, 2023.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 2:46 pm

AHH

Armada Hoffler Properties (NYSE:AHH) announced a quarterly dividend of 19.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning AHH stock by the end of Monday's session will be eligible for the dividend payout, which will be distributed on July 16, 2023.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 2:46 pm

PSEC

Prospect Capital (NASDAQ:PSEC) announced a monthly dividend of 6 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning PSEC by the end of Monday's session will be eligible for the dividend, which will be paid out on July 20, 2023.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 2:46 pm

ITRN

Ituran Location & Control (NASDAQ:ITRN) announced a quarterly dividend of 15 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning ITRN stock by the end of Monday's session will be eligible for the dividend payout, which will be distributed on July 12, 2023.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 2:46 pm

CM

Monday is the last day for investors to buy Canadian Imperial Bank (NYSE:CM) shares to be eligible for the next dividend payout of 87 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 2:46 pm