Streetbeat News

Dividends

DD

DuPont has announced an agreement to divest 80% of its ownership in the Delrin business to TJC for $1.8 billion.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 11:02 am

CABO

Cable One, Inc. (NYSE:CABO) has announced a quarterly cash dividend increase from $2.85 to $2.95 per share. The dividend will be payable on September 15, 2023 to stockholders of record at the close of business on August 29, 2023.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 8:35 pm

BCML

BayCom Corp (NASDAQ:BCML) has announced a quarterly cash dividend of $0.10 per share, payable on October 13, 2023. The company also announced its eighth stock repurchase program, authorizing the repurchase of up to 588,000 shares, or approximately 5% of currently outstanding shares, over a one-year period. The new program will commence upon completion of the seventh stock repurchase program, which will expire on April 21, 2024.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 8:31 pm

NSSC

NAPCO's Board of Directors has declared a cash dividend of $0.08 per share, an increase of 28% from the previous quarterly dividend. The dividend will be payable to stockholders of record on September 1, 2023, and will be paid on September 22, 2023.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 8:10 pm

MGEE

MGE Energy, Inc. (NASDAQ:MGEE) has increased its regular quarterly dividend rate by approximately 5% to $0.4275 per share. This raises the annualized dividend rate from $1.63 per share to $1.71 per share. The dividend is payable on Sept. 15, 2023, to shareholders of record as of Sept. 1, 2023. MGE Energy has a history of increasing its dividend annually for the past 48 years and has paid cash dividends for over 110 years.

Portfolio Pulse from Happy Mohamed

August 18, 2023 | 4:31 pm

ALX

Alexander's (NYSE:ALX) is set to deliver a dividend payout of $4.50 per share, equating to an annualized dividend yield of 9.71%. The company has maintained a consistent dividend per share of $18.00 from 2019 to 2022. However, there has been a decrease in Alexander's earnings per share from $19.38 in 2019 to $17.20 in 2022, which may impact future dividend payments.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

CWT

WTRG

California Water Servs Gr (NYSE:CWT) will distribute a dividend payout of $0.26 per share, translating to an annualized dividend yield of 1.96%. The company has seen a growth in its dividend per share from $0.79 to $1.00 from 2019 to 2022, and an increase in earnings per share from $1.39 to $1.48. Essential Utilities (NYSE:WTRG) has the highest annualized dividend yield at 3.28% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BCBP

PCB

PCB Bancorp (NASDAQ:PCB) is set to distribute a dividend of $0.18 per share, leading to an annualized dividend yield of 4.32%. The company has shown a steady increase in its dividend per share from $0.25 in 2019 to $0.60 in 2022. Additionally, PCB Bancorp's earnings per share have also increased from $1.63 in 2019 to $2.43 in 2022. BCB Bancorp (NASDAQ:BCBP) is mentioned as having the highest annualized dividend yield at 5.49% among industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BKR

USAC

Baker Hughes (NASDAQ:BKR) will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 2.25%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.72 to $0.73. However, its earnings per share have decreased from $0.82 in 2019 to $0.77 in 2022. USA Compression Partners (NYSE:USAC) has the highest annualized dividend yield at 10.31% among industry peers.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm

BGFV

PETS

PetMed Express (NASDAQ:PETS) is set to issue a dividend payout of $0.30 per share, resulting in an annualized dividend yield of 8.46%. The company has seen a growth in its dividend per share from $1.08 to $1.20 from 2019 to 2022. However, its earnings per share decreased from $1.29 in 2019 to $0.78 in 2022. The company's dividend yield is mid-range compared to its industry peers, with Big 5 Sporting Goods (NASDAQ:BGFV) having the highest annualized dividend yield at 11.49%.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 3:05 pm