Streetbeat News

Dividends

EG

Everest Group, Ltd. has announced an increase in its regular quarterly dividend from $1.75 to $2.00 per common share. The dividend will be payable on or before June 14, 2024, to shareholders of record as of May 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:32 pm

TNL

Travel + Leisure Co. (NYSE:TNL) has increased its share repurchase authorization by $500 million and declared a regular cash dividend of $0.50 per share, payable on June 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:49 pm

MDU

MDU Resources has declared a quarterly dividend of 12.5 cents per share, payable on July 1, 2024, to stockholders of record on June 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:13 pm

DOLE

Dole PLC (NYSE:DOLE) reported a strong Q1 FY24 with a 6.6% sales growth to $2.12 billion, meeting analyst estimates. The company saw higher volumes and pricing in bananas and pineapples, leading to an 8.7% rise in gross profit. Adjusted EPS of $0.43 beat the consensus estimate of $0.31. Dole also completed the sale of a 65% equity stake in Progressive Produce, generating $120.3 million in gross proceeds. The company declared a $0.08 per share dividend and maintained its full-year Adjusted EBITDA target.

Portfolio Pulse from Shivani Kumaresan

May 15, 2024 | 2:58 pm

PBR

PBR/A

Petrobras shares are trading lower after reports that Brazilian President Luiz Inacio Lula da Silva fired Petrobras CEO Jean Paul Prates due to a dispute over dividend payments.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:36 pm

MTX

Minerals Technologies has declared a quarterly dividend of $0.10 per share, payable on June 13, 2024, to stockholders of record on May 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:08 pm

IGIC

IGI's board has announced an increase in its dividend from $0.01 to $0.025 per share.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:13 pm

WMT

Walmart Inc. (NYSE:WMT) is set to release its Q1 earnings, with analysts expecting an EPS of 52 cents and revenue of $159.52 billion. The company is also laying off hundreds of corporate employees. Walmart offers an annual dividend yield of 1.39%, translating to a quarterly dividend of 20.75 cents per share. To earn $500 monthly from dividends, an investment of approximately $432,728 is required.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 12:47 pm

PBR

Brazil President Lula has fired the CEO of Petrobras following a dispute over dividend payments. This decision could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:37 pm

CMP

HUN

KRO

Wall Street's most accurate analysts have provided their views on three high-dividend-yielding stocks in the materials sector: Kronos Worldwide, Compass Minerals International, and Huntsman Corporation. These stocks are known for their high free cash flows and significant dividend payouts. Analysts have given mixed ratings and price target adjustments based on recent performance and financial results.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 11:54 am