Streetbeat News

Dividends

NRT

SJT

North European Oil (NYSE:NRT) is issuing a dividend payout of $0.21 per share, resulting in an annualized dividend yield of 5.61%. The company has shown an upward trajectory in dividend per share and earnings per share from 2019 to 2022. San Juan Basin Royalty (NYSE:SJT) has the highest annualized dividend yield at 24.30% among industry peers.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

ORA

Ormat Technologies (NYSE:ORA) is set to deliver a dividend payout of $0.12 per share, equating to an annualized dividend yield of 0.59%. The company has seen a growth in its dividend per share from $0.44 to $0.48 from 2019 to 2022, but a decrease in earnings per share from $1.73 to $1.31. Atlantica Sustainable (NASDAQ:AY) has a higher annualized dividend yield of 7.76%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

BOKF

TFC

BOK Financial (NASDAQ:BOKF) will issue a dividend payout of $0.54 per share, resulting in an annualized dividend yield of 2.42%. The company has seen an increase in dividend per share from 2019 to 2022, but a decrease in earnings per share over the same period. Truist Finl (NYSE:TFC) has the highest annualized dividend yield at 6.86% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

DHT

TRMD

DHT Holdings (NYSE:DHT) is set to issue a dividend payout of $0.35 per share, resulting in an annualized dividend yield of 14.26%. However, the company has seen a decline in its dividend per share from $0.20 in 2019 to $0.12 in 2022, and a decrease in earnings per share from $0.11 in 2019 to $-0.02 in 2022. This could indicate a challenging financial situation for the company.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 3:05 pm

BAER

GTEC

LUNR

MATX

NAT

The article discusses the concept of value stocks, particularly in the industrials sector. It identifies Nordic American Tankers (NYSE:NAT), Intuitive Machines (NASDAQ:LUNR), Matson (NYSE:MATX), Bridger Aerospace Gr (NASDAQ:BAER), and Greenland Technologies (NASDAQ:GTEC) 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

August 30, 2023 | 2:41 pm

BEPC

GNE

PAM

VST

The article identifies five value stocks in the utilities sector, namely Hawaiian Electric Indus (HE), Genie Energy (GNE), Vistra (VST), Brookfield Renewable (BEPC), and Pampa Energia (PAM). These stocks are considered undervalued based on their low price-to-earnings (P/E) multiples. The article also provides recent earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 2:38 pm

GLW

JNPR

STX

The most accurate Wall Street analysts recommend buying three tech stocks with over 3% dividend yields: Juniper Networks, Inc. (JNPR), Corning Incorporated (GLW), and Seagate Technology Holdings plc (STX). JNPR and STX recently posted better-than-expected earnings, while GLW reported a slight decline in Q2 FY23 core sales but still beat consensus estimates.

Portfolio Pulse from Lisa Levin

August 30, 2023 | 1:37 pm

BUD

MAT

NVDA

A survey by investing platform Public reveals the top investment strategies for the second half of 2023, with dividend investing, artificial intelligence, and electric vehicles being the most prioritized themes. Nvidia Corporation (NASDAQ:NVDA) was highlighted as a top stock in the AI sector. Retail investors also showed increased interest in Mattel (NASDAQ:MAT) and Anheuser-Busch InBev (NYSE:BUD) due to recent news events. The survey also indicates a growing interest in using AI for investment research.

Portfolio Pulse from Chris Katje

August 30, 2023 | 1:00 pm

BBY

Best Buy Co Inc (NYSE:BBY) reported better-than-expected Q2 results with sales of $9.58 billion and adjusted EPS of $1.22. The company revised its fiscal year 2024 revenue guidance to $43.8 billion-$44.5 billion and expects a comparable sales decline of 4.5% to 6%. Telsey Advisory Group analyst Joseph Feldman maintains Best Buy with a Market Perform and raised the price target from $78 to $85. BBY offers an annual dividend yield of 4.78%, which is a quarterly dividend amount of $0.92 a share.

Portfolio Pulse from Priya Nigam

August 30, 2023 | 12:57 pm

EFSH

1847 Holdings LLC (NYSE:EFSH) has announced its plans to acquire a premier consumer products company with revenues exceeding $20M and positive EBITDA in 2022. The acquisition will be funded without issuing any common stock or dilutive equity and is expected to be completed by Q3 2023. Egan-Jones has affirmed a BBB+ rating on 1847's senior credit facility. The company also plans to restructure its outstanding convertible notes and expects to resume dividends and repurchase stock in the future.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:36 pm