Streetbeat News

Dividends

PATK

PHIN

Patrick Industries (NASDAQ:PATK) will pay a dividend of $0.45 per share on September 11, 2023, yielding 2.23% annually. The company has shown a positive trend in dividend growth from 2020 to 2022, increasing from $1.03 to $1.44 per share. Earnings per share also grew from $3.96 to $14.38 during the same period. Patrick Industries' dividend yield is mid-range compared to its peers, with Phinia (NYSE:PHIN) having the highest yield at 3.59%.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 3:05 pm

ERIC

Ubiquiti (NYSE:UI) has announced a dividend payout of $0.60 per share, resulting in an annualized dividend yield of 1.56%. The company has shown a positive trend in dividend per share from 2019 to 2022, and an increase in earnings per share, indicating a strong financial position. Telefonaktiebolaget L M (NASDAQ:ERIC) has the highest annualized dividend yield at 4.98% among industry peers.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 3:05 pm

AZN

BABA

NVS

QCOM

RTX

SFTBF

UBS

WELL

Several major companies have announced significant developments. Qualcomm has signed a chip supply agreement with Apple, potentially boosting its stock. Vietnam Airlines is nearing a $10 billion deal with Boeing to acquire 50 Boeing 737 Max jets. Welltower has raised its FY23 FFO outlook due to strong capital deployment and senior housing business. Novartis' Sandoz has entered a development and commercialization agreement with Samsung Bioepis. RTX Corp is facing a $3 billion pre-tax charge due to a Pratt & Whitney engine problem. AstraZeneca's CEO, Pascal Soriot, is rumored to be stepping down. Alibaba is undergoing a leadership shakeup in its cloud business. A potential United Auto Workers strike could cost the US economy billions. Apple and Google are facing an antitrust showdown. UBS is planning to cut wealth-management jobs in Asia. Arm Holdings is considering boosting its IPO price.

Portfolio Pulse from Vandana Singh

September 11, 2023 | 2:51 pm

JLS

Nuveen Mortgage & Inc (NYSE:JLS) has announced a monthly dividend of 12.3 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 12.3 cents lower to reflect the payout. Shareholders owning JLS as of the end of Wednesday's session are eligible for the dividend, which will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:46 pm

JRI

Nuveen Real Asset I&G (NYSE:JRI) has announced a monthly dividend of 8.7 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:46 pm

JGH

Nuveen Glb High Inc Fund (NYSE:JGH) has announced a monthly dividend of 10.35 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 10.35 cents lower. Shareholders owning JGH by the end of Wednesday's session will be eligible for the dividend, which will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:45 pm

QQQX

Nuveen NASDAQ 100 Dynamic (NASDAQ:QQQX) has announced a quarterly dividend of 42 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 42 cents lower to reflect the payout. Shareholders who own QQQX as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:45 pm

CZFS

Citizens Financial Servs (NASDAQ:CZFS) has announced a quarterly dividend of 49 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 49 cents lower to reflect the payout. Shareholders who own CZFS 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 11, 2023 | 2:45 pm

LSXMA

LSXMK

SPHR

STCN

The article lists five value stocks in the communication services sector that may be undervalued. These include Verizon Communications (VZ), Liberty SiriusXM Gr (LSXMA and LSXMK), Steel Connect (STCN), and Sphere Entertainment (SPHR). The companies have seen an increase in earnings per share in the recent quarter, with Verizon also reporting an increased dividend yield.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:45 pm

PECO

Phillips Edison (NASDAQ:PECO) announced it will pay shareholders a monthly dividend of 9.75 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:45 pm