Streetbeat News

Dividends

LEN

Lennar Corporation (NYSE:LEN) reported better-than-expected Q3 results with earnings of $3.91 per share and sales of $8.73 billion. New orders increased 37% to 19,666 homes. The company offers an annual dividend yield of 1.31%, which is a quarterly dividend amount of $0.375 a share. To earn $500 per month from dividends, an investment of approximately $459,040 or around 4,000 shares is needed.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:26 pm

ARLP

NC

NACCO Industries (NYSE:NC) is set to deliver a dividend payout of $0.22 per share, equating to an annualized dividend yield of 2.73%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.74 to $0.82. Additionally, NACCO Industries experienced a growth in earnings per share, with an increase from $6.33 to $9.81 from 2019 to 2022. This indicates the company's potential to enhance their cash dividend payout.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:05 pm

BCBP

NRIM

Northrim BanCorp (NASDAQ:NRIM) is set to deliver a dividend payout of $0.60 per share, equating to an annualized dividend yield of 5.62%. The company has shown a steady increase in dividend per share from 2019 to 2022, and an increase in earnings per share, indicating a strong financial position. Northrim BanCorp leads in terms of dividend yield compared to its industry peers, with BCB Bancorp (NASDAQ:BCBP) having the highest annualized dividend yield at 5.33%.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:05 pm

KMT

TNC

Tennant (NYSE:TNC) is set to distribute a dividend payout of $0.27 per share on September 15, 2023, equating to an annualized dividend yield of 1.32%. The company has shown a steady increase in its dividend per share from $0.88 to $1.02 between 2019 and 2022. Tennant's earnings per share also increased from $2.79 to $3.35 during the same period. The company's dividend yield is mid-range compared to its industry peers, with Kennametal (NYSE:KMT) having the highest annualized dividend yield at 3.13%.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:05 pm

KLIC

Kulicke & Soffa Indus (NASDAQ:KLIC) has announced a quarterly dividend of 19 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 19 cents lower to reflect the payout. Shareholders who own KLIC as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on October 10, 2023.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:46 pm

AVGO

Broadcom (NASDAQ:AVGO) has announced a quarterly dividend of $4.6 per share, which will be paid out to shareholders on September 29, 2023. To be eligible for this dividend, shareholders must own the stock prior to the ex-dividend date, which is Wednesday. The stock will likely open $4.6 lower on Wednesday to reflect the payout.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:45 pm

SNV

Synovus Finl (NYSE:SNV) announced it will pay a quarterly dividend of 38 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 38 cents lower. Shareholders owning SNV by the end of Tuesday's session will be eligible for the dividend, which will be paid out on October 02, 2023.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:45 pm

BTG

B2Gold (AMEX:BTG) has announced a quarterly dividend of 4 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 4 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:45 pm

VAC

Marriott Vacations (NYSE:VAC) has announced a quarterly dividend of 72 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 72 cents lower. Shareholders who own VAC as of the end of Tuesday's session are eligible to receive the dividend payout. The dividend will be paid out on October 05, 2023.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:45 pm

SWBI

Smith & Wesson Brands (NASDAQ:SWBI) has announced a quarterly dividend of 12 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 12 cents lower. Shareholders who own SWBI as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on October 05, 2023.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:45 pm