Streetbeat News

Dividends

LBRT

NC

NFG

OSG

TTE

Benzinga Insights has identified five value stocks in the energy sector based on quantified analysis. These include Liberty Energy (LBRT), National Fuel Gas (NFG), TotalEnergies (TTE), Overseas Shipholding Gr (OSG), and NACCO Industries (NC). The companies have shown changes in their earnings per share and dividend yields in the recent quarters.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 2:39 pm

CBRL

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) reported better-than-expected earnings for Q4 FY23, with an adjusted EPS of $1.79, beating the consensus estimate of $1.61. However, the company's revenue growth of 0.8% YoY to $836.7 million missed the analyst consensus of $842.61 million. The company expects Q1 sales of $800 million - $850 million. The company's dividend yield is currently 7.01%, with a quarterly dividend amount of $1.30 a share. The company's shares fell 3% to close at $71.93 on Wednesday.

Portfolio Pulse from Priya Nigam

September 14, 2023 | 1:02 pm

GBX

KMT

RTX

Three industrial stocks with over 3% dividend yields have been highlighted by Wall Street's most accurate analysts. The Greenbrier Companies, Inc. (GBX) was downgraded by Wells Fargo and B of A Securities, with price targets cut to $40 and $33 respectively. RTX Corporation (RTX) saw its price target cut by JP Morgan to $87, while Argus Research downgraded the stock to Hold. Kennametal Inc. (KMT) had its price target raised by Barclays and Loop Capital to $28.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 11:06 am

IDCC

InterDigital has announced an increase in its regular quarterly cash dividend from $0.35 to $0.40 per share, effective from the fourth quarter of 2023. The dividend will be payable on October 25, 2023 to shareholders of record at the close of business on October 11, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 10:02 pm

WRB

W. R. Berkley has declared a special cash dividend of $0.50 per share on its common stock, to be paid on October 4, 2023, to stockholders of record on September 25, 2023. Additionally, a regular quarterly cash dividend of 11 cents per share has been declared, also to be paid on October 4, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:17 pm

PM

Philip Morris International Inc. (NYSE:PM) has increased its regular quarterly dividend by 2.4%, bringing it to an annualized rate of $5.20 per share. The revised dividend will be payable on Oct. 12 to shareholders on record as of Sept. 27. To earn $500 per month from dividends, an investor would need to hold about 1,181 shares of Philip Morris, costing about $112,360.

Portfolio Pulse from AJ Fabino

September 13, 2023 | 5:52 pm

MBWM

WASH

Mercantile Bank (NASDAQ:MBWM) is set to issue a dividend payout of $0.34 per share, resulting in an annualized dividend yield of 4.72%. The bank has shown a positive financial trend from 2019 to 2022, with an increase in both dividend per share and earnings per share. Washington Trust Bancorp (NASDAQ:WASH) has the highest annualized dividend yield at 7.98% among its industry peers.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

BBDC

TRIN

Barings BDC (NYSE:BBDC) is set to distribute a dividend payout of $0.26 per share, translating to an annualized dividend yield of 12.28%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.54 to $0.95. Earnings per share also increased from $0.63 to $1.01 during the same period. Trinity Cap (NASDAQ:TRIN) has the highest annualized dividend yield at 14.46% among industry peers.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

NOC

RTX

Northrop Grumman (NYSE:NOC) is set to deliver a dividend payout of $1.87 per share, equating to an annualized dividend yield of 1.77%. The company's dividend per share has shown a positive trend, increasing steadily from $5.16 in 2019 to $6.76 in 2022. The company's earnings per share also increased from $20.54 to $24.05 during the same period. RTX (NYSE:RTX) has the highest annualized dividend yield at 3.12% among its industry peers.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm

ICL

ICL Group (NYSE:ICL) has announced a dividend payout of $0.06 per share, resulting in an annualized dividend yield of 3.99%. The company has shown a steady increase in its dividend per share from $0.21 in 2019 to $0.91 in 2022. Additionally, ICL Group's earnings per share have also increased from $0.44 in 2019 to $1.80 in 2022, indicating a strong financial position and potential for sustained dividend distributions.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 3:05 pm