Streetbeat News

Dividends

PINC

Premier, Inc. (NASDAQ: PINC) has entered into a definitive agreement to divest its non-healthcare GPO operations to OMNIA Partners for approximately $800 million in cash. The transaction is expected to close by early August 2023.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:31 pm

WRB

W.R. Berkley Corporation (WRB) has announced a 10% increase in its cash dividend to an annual rate of $0.44 per share.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:17 pm

OPRA

Opera Limited has announced a semi-annual dividend of $0.40 per share.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:17 pm

CAT

Caterpillar Inc's Board of Directors has approved an 8% increase in the quarterly dividend to $1.30 per share, payable on August 18, 2023. The company has a strong cash flow, balance sheet, and liquidity position, supporting its long history of growing dividends.

Portfolio Pulse from Shivani Kumaresan

June 14, 2023 | 4:53 pm

CAT

Caterpillar Inc. (NYSE:CAT) has announced an 8% increase in its quarterly dividend, raising it from $1.20 to $1.30 per share. The dividend will be payable on August 18, 2023, to shareholders of record on July 20, 2023. Caterpillar has a long history of growing dividends and is a member of the S&P 500 Dividend Aristocrats Index.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 2:27 pm

BRT

BRT Apartments Corp. (NYSE:BRT) has extended its share repurchase program to December 31, 2025, and increased the authorization to $10 million. The company has repurchased 166,565 shares at an average price of $18.09 per share. The Board of Directors also declared a quarterly dividend of $0.25 per share.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 2:25 pm

AAPL

BA

DIS

EADSY

GOOGL

PFE

SHEL

The Producer Price Index (PPI) slumped 0.3% MoM in May, reaching a 28-month low. Apple invests an additional $25M in VC for minority-owned businesses. Shell boosts dividend by 15% and discloses a $5B share buyback. Airbus raises forecast for new and old aircraft deliveries. Boeing records 43% growth in May deliveries. Google's dominance in ad tech is under scrutiny by the EU. Disney delays Avatar, Marvel, and Star Wars releases. Pfizer warns of potential pediatric antibiotic shortage.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 1:47 pm

LVO

LiveOne announces updates on PodcastOne's planned spin-out, including strengthening its balance sheet, increasing the special dividend from 12% to ~19%, and repaying $3M of PodcastOne's convertible debt. The S-1 Registration Statement has been declared effective by the SEC, and LiveOne will own ~74% of PodcastOne's outstanding shares post spin-out.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:54 pm

GM

IBM

MS

CNBC's 'Halftime Report Final Trades' featured General Motors (GM), IBM, and Morgan Stanley (MS). GM is buying back shares and investing $632 million in its Fort Wayne Assembly plant. Analysts have a consensus Buy rating on GM. Morgan Stanley has a 3% dividend yield and plans to appoint a new CEO within 12 months. IBM plans to open its first quantum data center in Europe.

Portfolio Pulse from Priya Nigam

June 14, 2023 | 12:54 pm

MPW

OPI

UNIT

Three high-yielding dividend stocks in the real estate sector have been identified by Wall Street's most accurate analysts. Uniti Group Inc. (UNIT) has a dividend yield of 12.74%, Office Properties Income Trust (OPI) has a dividend yield of 12.66%, and Medical Properties Trust, Inc. (MPW) has a dividend yield of 12.75%.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 12:52 pm