Streetbeat News

Dividends

NYMT

New York Mortgage Trust (NASDAQ:NYMT) announced it will pay a quarterly dividend of 30 cents per share. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is Wednesday. The dividend will be paid out on October 26, 2023.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:45 pm

CRKN

OLN

SXC

VALE

X

Benzinga Insights has identified several value stocks in the basic materials sector that may be worth watching, including Vale, Olin, Crown ElectroKinetics, United States Steel, and SunCoke Energy. These companies have shown various changes in their earnings per share and dividend yields in the recent quarter.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:39 pm

AAPL

Apple Inc (NASDAQ:AAPL) announced new products and features at the Wonderlust event. Keybanc analyst Brandon Nispel reiterated Apple with an Overweight and maintained a $200 price target. Apple offers an annual dividend yield of 0.54%, which is a quarterly dividend amount of $0.24 a share. To earn $500 per month from dividends alone, an investment of approximately $1,098,375 or around 6,250 shares is needed. Shares of Apple gained 0.9% to close at $175.74 on Thursday.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 12:47 pm

AMZN

ORCL

RIG

VZ

On CNBC's 'Halftime Report Final Trades', analysts recommended Verizon Communications, Oracle Corporation, Transocean Ltd., and Amazon.com, Inc. Verizon's dividend yield was highlighted, Oracle's recent sell-off was deemed overstated, Transocean secured a $486 million contract, and Amazon's strong operating profit was noted. Amazon is also set to benefit from Shopify discontinuing its shipping services.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 12:41 pm

GLW

JNPR

NOK

Benzinga has highlighted three high-yielding tech stocks recommended by Wall Street's most accurate analysts. These include Juniper Networks, Inc. (JNPR) with a dividend yield of 3.11%, Nokia Oyj (NOK) with a yield of 3.37%, and Corning Incorporated (GLW) with a yield of 3.56%. Recent news for these companies include Juniper's partnership with Savant Systems, Nokia's weaker-than-expected Q2 results, and Corning's downbeat Q2 earnings.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 10:56 am

NVS

Novartis has announced a dividend-in-kind distribution where shareholders and ADR holders will receive one Sandoz share for every five Novartis shares or one Sandoz ADR for every five Novartis ADRs.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 9:49 am

LFT

Lument Finance Trust has increased its quarterly common stock dividend by 17% from $0.06 to $0.07 per share. The dividend will be payable on October 16, 2023, to common stockholders of record as of the close of business on September 29, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:21 pm

DIS

Walt Disney Co has denied reports suggesting that it is considering divesting ABC or any other property, calling such reports unfounded.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:57 pm

WPC

W. P. Carey has announced an increase in its quarterly dividend to $1.071 per share.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:38 pm

HST

Host Hotels & Resorts has increased its regular quarterly cash dividend by 20% from $0.15 to $0.18 per share. The dividend will be payable on October 16, 2023, to stockholders of record on September 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:32 pm