Streetbeat News

Dividends

TMUS

T-Mobile Us Inc (NASDAQ:TMUS) announced the initiation of a dividend growth model and a $19 billion shareholder return program, which will run up to 2024. The program includes $3.75 billion per quarter, with about $750 million reserved for dividends. The company also plans to earmark about $3 billion per quarter for stock buybacks. The news boosted T-Mobile's stock during Thursday’s trading session.

Portfolio Pulse from AJ Fabino

September 07, 2023 | 6:18 pm

TNP

Tsakos Energy Navigation Ltd (NYSE:TNP) reported Q2 FY23 Voyage revenue of $221.45 million, surpassing the consensus of $174.10 million. EPS of $1.65 also beat the consensus of $1.60. The company's new charters secured over $1.5 billion in fleet revenue backlog. TNP will distribute a second semi-annual dividend of $0.30 per share in December 2023, following the $0.30 per share payment in June 2023 and an additional special dividend per share of $0.40. Despite the positive report, TNP shares are trading lower by 4.43% at $18.85.

Portfolio Pulse from Lekha Gupta

September 07, 2023 | 4:58 pm

TMUS

T-Mobile has authorized a $19 billion buyback through the end of 2024 and intends to declare a dividend of $750 million in Q4. This has led to an increase in the company's share price.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 3:39 pm

WPM

Wheaton Precious Metals (NYSE:WPM) is set to issue a dividend payout of $0.15 per share, resulting in an annualized dividend yield of 1.36%. The company has shown a positive trend in dividend per share from 2019 to 2022, increasing from $0.36 to $0.60. Additionally, earnings per share have also increased from $0.47 to $1.18 during the same period. This indicates a strong financial position and the ability to sustain dividend distributions.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:05 pm

MTRN

Materion (NYSE:MTRN) has announced a dividend payout of $0.13 per share, resulting in an annualized dividend yield of 0.49%. The company has seen an increase in dividend per share from $0.43 to $0.49 between 2019 and 2022, and an increase in earnings per share from $3.16 to $4.46 over the same period. This suggests that Materion is in good financial standing and could continue to distribute profits back to investors.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:05 pm

PRMW

Primo Water (NYSE:PRMW) is set to distribute a dividend payout of $0.08 per share, resulting in an annualized dividend yield of 2.31%. The company has shown a positive trend in dividend per share from 2019 to 2022, increasing from $0.24 to $0.27. Additionally, Primo Water's earnings per share have also increased from $0.26 to $0.63 during the same period.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:05 pm

GPRK

SJT

GeoPark (NYSE:GPRK) is set to issue a dividend payout of $0.13 per share, resulting in an annualized dividend yield of 5.43%. The company has shown a positive dividend growth pattern from 2020 to 2022, with the dividend per share rising from $0.09 to $0.42. Earnings per share also increased from $1.44 to $3.48 during the same period. GeoPark's dividend yield is mid-range compared to its industry peers, with San Juan Basin Royalty (NYSE:SJT) having the highest annualized dividend yield at 26.03%.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:05 pm

WPM

Wheaton Precious Metals (NYSE:WPM) is distributing a dividend payout of $0.15 per share, translating to an annualized dividend yield of 1.36%. The company has shown a positive trend in dividend per share, increasing from $0.36 in 2019 to $0.60 in 2022. Additionally, the company's earnings per share have grown from $0.47 to $1.18 from 2019 to 2022, indicating a healthy financial status and potential for enhanced cash dividend payout.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:05 pm

MCR

MFS Charter Income (NYSE:MCR) has announced a monthly dividend of 4.47 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 4.47 cents lower to reflect the payout. Shareholders owning MCR as of the end of Monday's session are eligible for the dividend, which will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 2:45 pm

CMU

Mfs High Yield Municipal (NYSE:CMU) has announced a monthly dividend of 1.1 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend, which will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 2:45 pm