Streetbeat News

Dividends

GRVY

MOMO

SBGI

TGNA

The article lists five value stocks in the communication services sector, which are traditionally undervalued. The stocks mentioned are Verizon Communications, Hello Gr, Sinclair, Tegna, and GRAVITY Co. The article also provides details about their P/E ratios, earnings per share for Q2, and recent dividend yields.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:45 pm

LFVN

Lifevantage (NASDAQ:LFVN) announced it will pay a quarterly dividend of 3.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 3.5 cents lower. Shareholders owning LFVN as of the end of Wednesday's session are eligible for the dividend payout. The dividend will be paid out on September 22, 2023.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:45 pm

ARL

LADR

PDM

RITM

Benzinga Insights has identified five value stocks in the real estate sector that may be worth watching: Ladder Cap (LADR), Hersha Hospitality (HT), Rithm Capital (RITM), Piedmont Office Realty (PDM), and American Realty Investors (ARL). The selection is based on low P/E multiples, indicating that these companies may be undervalued. Recent earnings and dividend yields for each company are also provided.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:39 pm

ELV

SPY

XLV

Elevance Health's stock price has stagnated in 2023 despite strong earnings growth, expected future growth, and an attractive forward Price/Earnings ratio. The stock is trading nearly 20% below its 52-week high, creating an attractive buy point. The company has grown earnings per share by 10.3% per year over the last five years and is expected to grow EPS by 12.7% per year over the next five years. It also has a forward P/E of 11.9 and a 1.3% dividend, which has been increasing by an average of 14.7% per year over the last 10 years.

Portfolio Pulse from Cory Mitchell

September 01, 2023 | 6:06 pm

BEKE

KE Holdings Inc (BEKE) shares are trading higher by 7.1% after China cut the minimum down payment on mortgages as part of stimulus measures. The company reported Q2 adjusted earnings of 27 cents per share, beating the analyst consensus estimate of 19 cents. However, quarterly sales of $2.69 billion missed the analyst consensus estimate of $2.73 billion by 1.6%. The company's board extended the share repurchase program from $1 billion to $2 billion and approved a special cash dividend of $0.057 per ordinary share and $0.171 per ADS.

Portfolio Pulse from Henry Khederian

September 01, 2023 | 3:36 pm

AWR

WTRG

American States Water (NYSE:AWR) will distribute a dividend payout of $0.43 per share on September 01, 2023, equating to an annualized dividend yield of 1.95%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $1.16 to $1.53. The company's earnings per share also increased from $2.05 in 2019 to $2.16 in 2022. Essential Utilities (NYSE:WTRG) has the highest annualized dividend yield at 3.33% among its industry peers.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 3:05 pm

CALM

SJM

JM Smucker (NYSE:SJM) is distributing a dividend payout of $1.06 per share, demonstrating an annualized dividend yield of 2.87%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $3.46 to $4.02. Earnings per share also increased from $8.18 to $8.63 over the same period. Compared to its industry peers, JM Smucker's dividend yield falls in the middle range, with Cal-Maine Foods (NASDAQ:CALM) having the highest annualized dividend yield at 10.80%.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 3:05 pm

EURN

Euronav (NYSE:EURN) has announced a quarterly dividend of 80 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 80 cents lower. Shareholders who own EURN as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on September 19, 2023.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 2:45 pm

HRB

H&R Block (NYSE:HRB) has announced a quarterly dividend of 32 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 32 cents lower to reflect the payout. Shareholders who own HRB as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on October 04, 2023.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 2:45 pm

AMCR

Amcor (NYSE:AMCR) has announced a quarterly dividend of 12.25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 12.25 cents lower. Shareholders who own AMCR as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on September 27, 2023.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 2:45 pm