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Dividends

WOR

Worthington Industries, Inc. (NYSE:WOR) reported a 15.3% YoY decline in Q1 FY24 net sales, totaling $1.19 billion, missing the consensus of $1.23 billion due to lower average selling prices in Steel Processing and reduced overall volumes. However, adjusted EPS stood at $2.06, beating the consensus of $2.04. The company's gross profit rose by 16.6% YoY to $197.49 million, and operating income reached $77.71 million. The company's board declared a quarterly dividend of $0.32 per share. WOR shares are trading 2.19% lower at $69.52 in Thursday’s premarket session.

Portfolio Pulse from Akanksha Bakshi

September 28, 2023 | 12:40 pm

ACN

Accenture's Q4 FY23 results have led to a 5% drop in its share price. The company reported a 4% Y/Y revenue growth to $15.98 billion, missing the consensus of $16.07 billion. Consulting revenues decreased by 2% Y/Y, while Managed Services revenues increased by 10% Y/Y. New bookings fell 10% Y/Y. The company raised its quarterly dividend per share by 15% and repurchased 3.2 million shares for $1.0 billion in Q4. For FY24, Accenture expects revenue growth of 2%-5% and to return at least $7.7 billion through dividends and share repurchases.

Portfolio Pulse from Lekha Gupta

September 28, 2023 | 12:36 pm

ACN

Accenture plc has announced a 15% increase in its quarterly cash dividend to $1.29 per share, payable on November 15, 2023, for shareholders of record as of October 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 10:57 am

ACN

Accenture has provided its business outlook for fiscal year 2024, expecting revenue growth of 2% to 5% in local currency, and adjusted EPS of $11.97 to $12.32. The company also expects GAAP operating margin to be between 14.8% to 15.0%, and adjusted operating margin to be between 15.5% to 15.7%. Accenture plans to return at least $7.7 billion in cash to shareholders through dividends and share repurchases.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 10:55 am

CNXC

Concentrix has increased its quarterly dividend from $0.2750 to $0.3025 per share, payable on November 7, 2023. The company also repurchased 0.3 million shares in Q3 at a cost of $27.0 million, with a remaining share repurchase authorization of $312.1 million.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:19 pm

CHCO

City Holding has announced an increase in its dividend from $0.65 to $0.715.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:54 pm

F

WGO

Winnebago Industries (NYSE:WGO) is set to distribute a dividend payout of $0.31 per share, resulting in an annualized dividend yield of 1.93%. The company has shown an upward trend in dividend per share and earnings per share from 2019 to 2022. Ford Motor (NYSE:F) leads the industry with the highest annualized dividend yield at 4.83%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:05 pm

EFSH

IEP

Icahn Enterprises (NASDAQ:IEP) is set to pay a dividend of $1.00 per share on September 27, 2023, with an annualized dividend yield of 11.85%. The company has maintained a stable dividend per share of $8.00 from 2019 to 2022. However, its earnings per share have declined from $3.40 in 2019 to $-1.44 in 2022, raising concerns about future cash dividend payouts. 1847 Holdings (NYSE:EFSH) leads the industry with the highest annualized dividend yield at 1608.65%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:05 pm

FCT

First Trust Senior (NYSE:FCT) has announced a monthly dividend of 9.7 cents per share. The stock will go ex-dividend on Monday, 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 16, 2023.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:46 pm

FDEU

First Trust Dynamic (NYSE:FDEU) has announced a monthly dividend of 7 cents per share. The ex-dividend date is Monday, meaning the stock will likely trade lower to reflect the payout. Shareholders owning FDEU as of the end of Friday's session are eligible for the dividend, which will be paid out on October 16, 2023.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:45 pm