Streetbeat News

Dividends

STC

Stewart Information Services Corporation (NYSE:STC) has announced an increase in its annual cash dividend from $1.80 to $1.90 per share, starting with the third quarterly payment of 2023. The move reflects the company's commitment to return capital to its shareholders.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 12:32 pm

CUBE

INN

UDR

Three real estate stocks with over 4% dividend yields have been recommended by Wall Street's most accurate analysts. These include Summit Hotel Properties, Inc. (INN), UDR, Inc. (UDR), and CubeSmart (CUBE). Recent news for these companies include better-than-expected quarterly sales for INN and CUBE, while UDR reported worse-than-expected second-quarter revenue results.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 12:29 pm

AMRK

A-Mark Precious Metals has announced a non-recurring special cash dividend of $1.00 per common share, to be paid on September 26, 2023 to stockholders of record as of September 12, 2023.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 8:16 pm

DG

Dollar General Corp (NYSE:DG) shares fell over 13% following a disappointing Q2 earnings report. The company reported $9.80 billion in revenues, a 3.9% YoY growth, but missed the $9.92 billion consensus estimate. Earnings per share were $2.13, missing the $2.46 consensus estimates. Gross profit margins slipped 1.26% YoY to 31.1% and operating income was down 24.2% to $692.3 million. Despite this, the board declared a quarterly cash dividend of $0.59 per share.

Portfolio Pulse from AJ Fabino

August 31, 2023 | 6:23 pm

SBRA

Sabra Health Care REIT (NASDAQ:SBRA) is set to deliver a dividend payout of $0.30 per share today, equating to an annualized dividend yield of 9.39%. However, the company has seen a reduction in its dividend per share from $1.80 to $1.20 from 2019 to 2022, and a decrease in earnings per share from $2.21 in 2019 to $1.52 in 2022. This could signify a challenging financial situation for the company.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 3:05 pm

BFST

WASH

Business First Bancshares (NASDAQ:BFST) will distribute a dividend payout of $0.12 per share, with an annualized dividend yield of 2.85%. The company has shown a positive trend in both dividend per share and earnings per share from 2019 to 2022. Washington Trust Bancorp (NASDAQ:WASH) has the highest annualized dividend yield at 7.98% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 3:05 pm

AIG

CBFV

FFIC

FNWB

GABC

The article discusses value stocks in the financial services sector, highlighting five companies: First Northwest Bancorp, American Intl Gr, Flushing Financial, German American Bancorp, and CB Financial Services. These companies are considered undervalued based on their low P/E ratios. However, their earnings per share and dividend yields have seen fluctuations in recent quarters.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:48 pm

JACK

Jack In The Box (NASDAQ:JACK) has announced a quarterly dividend of 44 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 44 cents lower. Shareholders who own JACK as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 18, 2023.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm

BBDC

Barings BDC (NYSE:BBDC) has announced a quarterly dividend of 26 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 26 cents lower to reflect the payout. Shareholders who own BBDC as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 13, 2023.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm

KSS

Kohl's (NYSE:KSS) has announced a quarterly dividend of 50 cents per share, payable on September 20, 2023. To be eligible for this dividend, shareholders must own the stock before the ex-dividend date, which is Tuesday. The stock is expected to open 50 cents lower on Tuesday to reflect the payout.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm