Streetbeat News

Dividends

EPSN

Epsilon Energy Ltd. (EPSN) has declared a dividend of $0.0625 per share, payable on September 29th, 2023. The company also announced near-term drilling plans in Pennsylvania and Texas, which are expected to add meaningful production volumes and cash flow in 2024. However, Q3 volumes and revenues are expected to be down approximately 5% from original estimates due to the shut-in of approximately 3 MMcf per day of net production for an estimated 45 days.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:48 pm

AVT

Avnet has announced a 7% increase in its quarterly dividend from $0.29 to $0.31 per share. The dividend will be paid on September 27, 2023 to shareholders of record as of the close of business on September 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:20 pm

FTAI

TRTN

FTAI Aviation (NASDAQ:FTAI) is set to pay a dividend of $0.30 per share on August 29, 2023, yielding an annualized dividend of 3.63%. However, the company has seen a decrease in both dividend per share and earnings per share from 2019 to 2022, indicating potential financial strain and raising concerns about the sustainability of their dividend distribution. FTAI Aviation leads in terms of dividend yield compared to its industry peers, with Triton International (NYSE:TRTN) having the highest annualized dividend yield at 3.36%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 3:05 pm

RMAX

RE/MAX Hldgs (NYSE:RMAX) is set to deliver a dividend payout of $0.23 per share, equating to an annualized dividend yield of 4.67%. The company has shown an upward trajectory in its dividend per share from $0.84 in 2019 to $0.92 in 2022. Additionally, earnings per share have increased from $2.23 to $2.35 during the same period, indicating a strong financial position and potential for increased cash dividend payouts.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 3:05 pm

FNF

L

Loews (NYSE:L) is set to distribute a dividend payout of $0.06 per share, resulting in an annualized dividend yield of 0.40%. The company has maintained a consistent dividend per share of $0.25 from 2019 to 2022. Loews has also experienced a growth in earnings per share from $3.05 to $4.00 from 2019 to 2022. The company's peer, Fidelity National Finl (NYSE:FNF), has the highest annualized dividend yield at 4.47%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 3:05 pm

DEA

Easterly Government Props (NYSE:DEA) is set to distribute a dividend payout of $0.27 per share, translating to an annualized dividend yield of 7.28%. The company has shown a steady increase in its dividend per share from $1.04 to $1.06 between 2019 and 2022, and its earnings per share have also increased from $1.16 in 2019 to $1.28 in 2022. This indicates a strong financial position and the potential for sustained dividend distributions.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 3:05 pm

FAM

First Trust/aberdeen Glb (NYSE:FAM) has announced a monthly dividend of 6 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own FAM as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:45 pm

CVR

Chicago Rivet & Machine (AMEX:CVR) has announced a quarterly dividend of 10 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 10 cents lower to reflect the payout. Shareholders who own CVR as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 20, 2023.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:45 pm

FTHY

FIRST TRUST HIGH YIELD (NYSE:FTHY) has announced a monthly dividend of 13 cents per share. The ex-dividend date is Friday, meaning the stock will likely trade lower to reflect the payout. Shareholders owning the stock by the end of Thursday's session will be eligible for the dividend, which will be paid out on September 25, 2023.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:45 pm

PWOD

Penns Woods Bancorp (NASDAQ:PWOD) has announced a quarterly dividend of 32 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 32 cents lower to reflect the payout. Shareholders who own PWOD as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 19, 2023.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 2:45 pm