Streetbeat News

Dividends

LZB

La-Z-Boy (NYSE:LZB) has announced a quarterly dividend of 18.15 cents per share, which will be paid out to shareholders on September 15, 2023. The ex-dividend date is Tuesday, meaning the stock will likely open 18.15 cents lower to reflect the payout. Shareholders who own LZB as of the end of Monday's session are eligible to receive the dividend.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm

GES

Guess (NYSE:GES) has announced a quarterly dividend of 30 cents per share, to be paid out on September 22, 2023. To be eligible for this dividend, shareholders must own the stock prior to the ex-dividend date, which is Tuesday. The stock will likely open 30 cents lower on Tuesday to reflect the payout.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm

EFX

Equifax (NYSE:EFX) has announced a quarterly dividend of 39 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 39 cents lower to reflect the payout. Shareholders who own EFX as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm

GRNT

LBRT

PSX

REI

SLCA

Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: Liberty Energy (LBRT), US Silica Holdings (SLCA), Phillips 66 (PSX), Ring Energy (REI), and Granite Ridge Resources (GRNT). All these companies have seen a decrease in earnings per share and dividend yield in the recent quarter, except for Ring Energy whose EPS remained unchanged.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:39 pm

EMN

IFF

TROX

Three high-yielding dividend stocks in the materials sector have been highlighted by Wall Street's most accurate analysts. These include Tronox Holdings (TROX) with a dividend yield of 3.72%, Eastman Chemical Company (EMN) with a yield of 3.69%, and International Flavors & Fragrances (IFF) with a yield of 4.70%. Recent news for these companies include weaker-than-expected earnings for TROX, upbeat earnings for EMN, and worse-than-expected Q2 results and a reduced FY23 outlook for IFF.

Portfolio Pulse from Lisa Levin

August 31, 2023 | 2:08 pm

BEKE

KE Holdings Inc (BEKE) shares rose by 6.39% in pre-market trading after the company reported Q2 earnings, upsized its share repurchase program, and declared a special dividend. The company's Q2 adjusted earnings per share of 27 cents beat the analyst consensus estimate of 19 cents. However, its Q2 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

August 31, 2023 | 1:02 pm

BEKE

KE Holdings reported its quarterly earnings, upsized its existing share repurchase program, and declared a special dividend. This news led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 1:02 pm

SIG

Signet Jewelers Ltd (NYSE:SIG) reported a Q2 FY24 sales decline of 8.1% YoY to $1.61 billion, beating the analyst consensus of $1.58 billion. The company's Board declared a quarterly cash dividend of $0.23 per share. Signet expects Q3 sales of $1.36 billion - $1.41 billion, versus the consensus of $1.4 billion. The company raised its FY24 adjusted EPS outlook from $9.49 - $10.09 to $9.55 - $10.14, against the Street view of $9.42. SIG shares are trading higher by 1.60% at $72.60 in premarket.

Portfolio Pulse from Shivani Kumaresan

August 31, 2023 | 12:40 pm

HPQ

HP Inc. reported in-line earnings for Q3 but lowered its full-year forecast. The company's Q3 earnings beat analyst estimates, but represented a decrease from the same period last year. Several analysts lowered their price targets on HP's stock following the earnings release. The article also discusses how investors can earn from HP's dividends, which currently offer an annual yield of 3.35%.

Portfolio Pulse from Lisa Levin

August 31, 2023 | 12:29 pm

GLPI

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has announced an increase in its third quarter 2023 cash dividend from $0.72 to $0.73 per share. The dividend will be payable on September 29, 2023 to shareholders of record on September 15, 2023. Future dividends will be reviewed and declared quarterly by the Board of Directors.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 12:08 pm