Streetbeat News

Dividends

ESS

UDR

VICI

Three high-yielding dividend stocks in the real estate sector have been highlighted by Wall Street's most accurate analysts. These include Essex Property Trust, Inc. (ESS), UDR, Inc. (UDR), and VICI Properties Inc. (VICI). ESS recently posted better-than-expected Q2 sales results, while UDR reported worse-than-expected Q2 revenue results. VICI's total revenues surged 35.5% YoY to $898.2 million in Q2.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 11:35 am

FTS

Fortis Inc. (NYSE:FTS) has announced a new five-year capital plan of $25 billion, representing a 6.3% rate base growth. The growth is largely driven by investments in transmission in the U.S. Midwest and resource transition plan in Arizona. The company also announced a 4.4% increase in its fourth quarter dividend, marking 50 years of consecutive increases in dividends paid. The annual dividend growth guidance of 4-6% has been extended to 2028.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:04 am

ICMB

Investcorp Credit Management Bdc, Inc. (ICMB) announced its Q2 2023 financial results, with a net asset value per share of $6.09, a decrease from $6.13 in Q1 2023. The company's board declared a distribution of $0.12 per share and a supplemental distribution of $0.03 per share for Q3 2023. ICMB made investments totaling $15.1 million in new and existing portfolio companies, and realized $8.66 million from one portfolio company. The weighted average yield on debt investments for Q2 was 12.45%, down from 13.36% in Q1.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:38 pm

ET

Four executives at Energy Transfer LP Unit (NYSE:ET) have increased their stake in the company over the last four weeks, as the stock gained nearly 6% over the same period. The company's dividends are of particular interest to investors. Based on the current share price and dividend yield, an investor would need to invest around $66,815.14 into the stock to earn a monthly dividend income of $500.

Portfolio Pulse from AJ Fabino

September 18, 2023 | 6:06 pm

EMN

HUN

IFF

Three high-yielding stocks in the materials sector have been highlighted by Wall Street's most accurate analysts. These include Huntsman Corporation (HUN) with a dividend yield of 3.66%, Eastman Chemical Company (EMN) with a yield of 4.01%, and International Flavors & Fragrances Inc. (IFF) with a yield of 4.76%. Recent news for these companies include worse-than-expected Q2 results for HUN and IFF, and better-than-expected Q2 earnings for EMN.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 5:28 pm

BLX

Banco Latinoamericano (NYSE:BLX) is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 4.47%. The company has seen a decrease in its dividend per share from $1.54 in 2019 to $1.00 in 2022, while its earnings per share increased from $2.14 in 2019 to $2.22 in 2022. This suggests a strategic shift towards retaining more earnings for reinvestment purposes.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:05 pm

DX

Dynex Cap (NYSE:DX) has announced a monthly dividend of 13 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 13 cents lower to reflect the payout. Shareholders owning DX by 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 18, 2023 | 2:46 pm

EPM

Evolution Petroleum (AMEX:EPM) has announced a quarterly dividend of 12 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 12 cents lower. Shareholders who own EPM 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 18, 2023 | 2:46 pm

BANX

ArrowMark Financial (NASDAQ:BANX) has announced a quarterly dividend of 45 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 45 cents lower to reflect the payout. Shareholders who own BANX 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 18, 2023 | 2:46 pm

AVD

American Vanguard (NYSE:AVD) has announced a quarterly dividend of 3 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 3 cents lower. Shareholders who own AVD as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on October 06, 2023.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:46 pm