Streetbeat News

Dividends

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

YUMC

Yum China Holdings Inc (NYSE:YUMC) shares are trading higher after the company announced its refreshed RGM 2.0 strategy, aiming to accelerate network expansion, drive sales growth, and boost profits. The company plans to reach 20,000 stores by 2026 and achieve high-single-to-double-digit CAGR for system sales and operating profit, as well as double-digit EPS CAGR from 2024 to 2026. Yum China also plans to return approximately $3 billion to shareholders through dividends and share repurchases over the next three years.

Portfolio Pulse from Shivani Kumaresan

September 14, 2023 | 6:05 pm

KRO

WLKP

Kronos Worldwide (NYSE:KRO) is set to distribute a dividend payout of $0.19 per share, equating to an annualized dividend yield of 8.06%. The company has shown a steady increase in dividend per share and earnings per share from 2019 to 2022, indicating a healthy financial status. Westlake Chemical (NYSE:WLKP) is mentioned as a peer with the highest annualized dividend yield at 8.73%.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:06 pm

USAC

WHD

Cactus (NYSE:WHD) is set to distribute a dividend of $0.12 per share on September 14, 2023, with an annualized dividend yield of 0.95%. The company has seen an increase in dividend per share from $0.36 to $0.44 between 2020 and 2022, despite a decrease in earnings per share from $1.94 to $1.51. Cactus's dividend yield is mid-range compared to its industry peers, with USA Compression Partners (NYSE:USAC) having the highest annualized dividend yield at 9.39%.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:05 pm

LNC

PRU

Prudential Financial (NYSE:PRU) is set to deliver a dividend payout of $1.25 per share, equating to an annualized dividend yield of 5.10%. The company has shown a positive dividend growth pattern from 2019 to 2022, but its earnings per share have declined from $11.80 in 2019 to $10.22 in 2022. Prudential's dividend yield is mid-range compared to its industry peers, with Lincoln National (NYSE:LNC) having the highest annualized dividend yield at 7.30%.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:05 pm

ADI

UMC

Analog Devices (NASDAQ:ADI) is distributing a dividend payout of $0.86 per share, with an annualized dividend yield of 1.95%. The company's dividend per share has shown a positive trend, increasing from $2.16 in 2019 to $3.04 in 2022. Earnings per share also rose from $5.14 to $9.59 during the same period. United Microelectronics (NYSE:UMC) has the highest annualized dividend yield in the industry at 7.98%.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:05 pm

AMAT

KLIC

Applied Mat (NASDAQ:AMAT) is issuing a dividend payout of $0.32 per share, resulting in an annualized dividend yield of 0.84%. The company has shown a steady increase in dividend per share and earnings per share from 2019 to 2022, indicating a healthy financial status. Kulicke & Soffa Indus (NASDAQ:KLIC) has the highest annualized dividend yield at 1.59% among industry peers.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 3:05 pm

BOH

DCOM

ITCL

NRIM

STBA

The article discusses the concept of value stocks, particularly in the financial services sector. It identifies Northrim BanCorp (NRIM), Bank of Hawaii (BOH), Dime Community Bancshares (DCOM), Banco Itau (ITCL), and S&T Bancorp (STBA) as notable value stocks based on their low P/E multiples. The article also provides recent earnings per share and dividend yield data for these companies.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 2:47 pm