Streetbeat News

Dividends

EGBN

FBMS

First Bancshares (NASDAQ:FBMS) is distributing a dividend of $0.23 per share, leading to an annualized dividend yield of 3.13%. The company has shown a positive financial trend from 2019 to 2022, with an increase in both dividend per share and earnings per share. Eagle Bancorp (NASDAQ:EGBN) has the highest annualized dividend yield at 7.48% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:06 pm

BCBP

BWFG

Bankwell Financial Group (NASDAQ:BWFG) is distributing a dividend of $0.20 per share, translating to an annualized dividend yield of 3.05%. The company has shown a steady increase in dividend per share from $0.52 in 2019 to $0.80 in 2022, and a growth in earnings per share from $2.47 to $4.76 over the same period. BCB Bancorp (NASDAQ:BCBP) has the highest annualized dividend yield in the industry at 5.60%.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:06 pm

OPBK

UBFO

OP Bancorp (NASDAQ:OPBK) has announced a dividend payout of $0.12 per share, resulting in an annualized dividend yield of 4.94%. The company's dividend per share has shown a positive trend, increasing from $0.20 in 2019 to $0.44 in 2022. Additionally, OP Bancorp's earnings per share have grown from $0.93 to $2.21 from 2019 to 2022. The company's dividend yield is mid-range compared to its industry peers, with United Security (NASDAQ:UBFO) having the highest annualized dividend yield at 6.84%.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:05 pm

PGC

WASH

Peapack Gladstone Finl (NASDAQ:PGC) is set to deliver a dividend payout of $0.05 per share, equating to an annualized dividend yield of 0.68%. The company's dividend yield is lower compared to its industry peers, with Washington Trust Bancorp (NASDAQ:WASH) having a higher annualized dividend yield of 8.14%. Despite no adjustment in the dividend per share from 2019 to 2022, the consistent growth in earnings per share for Peapack Gladstone Finl indicates a sound financial status.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:05 pm

IP

WRK

WestRock (NYSE:WRK) is distributing a dividend payout of $0.28 per share, with an annualized dividend yield of 3.39%. The company's dividend per share has decreased from $1.82 in 2019 to $1.02 in 2022, while earnings per share have increased from $3.98 to $4.79. This suggests that WestRock may be focusing on reinvesting profits into business growth rather than prioritizing dividend distributions.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:05 pm

EA

Electronic Arts (NASDAQ:EA) has announced a quarterly dividend of 19 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 19 cents lower to reflect the payout. Shareholders who own EA as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 20, 2023.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:45 pm

NEE

NextEra Energy (NYSE:NEE) has announced a quarterly dividend of 46.75 cents per share, payable on September 15, 2023. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:45 pm

NPO

EnPro Indus (NYSE:NPO) has announced a quarterly dividend of 29 cents per share. The ex-dividend date is Tuesday, meaning the stock will likely open 29 cents lower to reflect the payout. Shareholders who own NPO as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 13, 2023.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:45 pm

SLF

Sun Life Financial (NYSE:SLF) has announced a quarterly dividend of 75 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own SLF as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:45 pm

ICL

ICL Group (NYSE:ICL) has announced a quarterly dividend of 6.32 cents per share, payable on September 13, 2023. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders owning the stock by the end of Monday's session will be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:45 pm