Streetbeat News

Dividends

TER

Teradyne (NASDAQ:TER) has announced a quarterly dividend of 11 cents per share, which will be paid out to shareholders on September 25, 2023. The stock will go ex-dividend on Thursday, meaning it will likely open 11 cents lower than usual. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:45 pm

LCNB

LCNB Corp (NASDAQ:LCNB) has announced a quarterly dividend of 21 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 21 cents lower. Shareholders who own LCNB as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:45 pm

VGR

Vector Group (NYSE:VGR) has announced a quarterly dividend of 20 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 20 cents lower. Shareholders who own VGR as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:45 pm

ESI

Element Solutions (NYSE:ESI) announced it will pay a quarterly dividend of 8 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 8 cents lower. Shareholders owning ESI by the end of Wednesday's session will be eligible for the dividend, which will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:45 pm

GRNT

Granite Ridge Resources (NYSE:GRNT) has announced a quarterly dividend of 11 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 11 cents lower. Shareholders who own GRNT as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on September 15, 2023.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:45 pm

HE

PCYO

UTL

The article lists the top 3 oversold utilities stocks that could potentially rise in Q3. These include Unitil Corporation (UTL), Pure Cycle Corporation (PCYO), and Hawaiian Electric Industries (HE). UTL posted weaker-than-expected earnings but has a disciplined approach to cost management. PCYO has appointed a new CFO, Marc Spezialy. HE shares traded lower after Maui County filed a lawsuit against the company and it suspended its quarterly cash dividend.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 12:42 pm

MRVL

Marvell Technology, Inc. (NASDAQ:MRVL) reported Q2 earnings of 33 cents per share, beating the analyst consensus estimate of 32 cents. The company also reported quarterly sales of $1.34 billion, surpassing the analyst consensus estimate of $1.33 billion. However, the company's shares traded lower after Morgan Stanley cut the price target from $68 to $65. B. Riley Securities raised the price target from $75 to $77. The article also discusses how investors can earn a regular monthly income from Marvell's dividend yield.

Portfolio Pulse from Priya Nigam

August 28, 2023 | 12:39 pm

AMGN

CVS

PFE

The most accurate Wall Street analysts recommend holding three high-yielding healthcare stocks: Pfizer Inc. (PFE), Amgen Inc. (AMGN), and CVS Health Corporation (CVS). These companies have dividend yields of 4.50%, 3.32%, and 3.59% respectively. Recent news includes FDA approval of Pfizer's Abrysvo vaccine, Amgen's strong Q2 earnings and raised FY23 outlook, and CVS Health's better-than-expected Q2 financial results.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 12:21 pm

AMZN

DIS

Walt Disney Co (NYSE:DIS) is facing investor scrutiny over its strategic decisions under interim CEO Bob Iger, as the company's stock hits a decade-low. Iger's measures include cost reductions, organizational revamp, and reinstating Disney's regular dividend. Despite these efforts, the stock has declined over 10% since the release of its Q3 earnings. Concerns include price increases for Disney+ and a drop in subscriber numbers. Speculations suggest a potential collaboration with Amazon (NASDAQ:AMZN) for ESPN's streaming venture could be causing a slight uptick in Disney's stock.

Portfolio Pulse from Bibhu Pattnaik

August 27, 2023 | 4:15 pm

DHR

Danaher Corporation (NYSE:DHR) has announced the completion of the previously announced separation of Veralto Corporation on September 30, 2023. The Danaher Board of Directors has declared a pro rata dividend of all of the common stock of Veralto Corporation to Danaher stockholders. The dividend is payable on September 30, 2023, in connection with the previously announced separation of Danaher's existing Environmental and Applied Solutions segment through the planned spin-off of Veralto. Danaher also announced that it expects 'when-issued' trading of Veralto common stock to begin on September 27, 2023, on the New York Stock Exchange (NYSE), under the symbol 'VLTO WI.'

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 8:32 pm