Streetbeat News

Dividends

BVN

CF

LXU

MT

SUZ

Benzinga Insights has identified five value stocks in the basic materials sector: ArcelorMittal (MT), CF Industries Holdings (CF), LSB Industries (LXU), Buenaventura Mining Co (BVN), and Suzano (SUZ). These companies have been selected based on their low P/E multiples, indicating they may be undervalued. Recent earnings and dividend yields have been reported for each company.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:39 pm

MUSA

Murphy USA Inc (NYSE:MUSA) has announced a 2.6% increase in its quarterly dividend to $0.39 per share, amounting to $1.56 per share on an annualized basis. The dividend will be payable on September 7, 2023, to stockholders of record as of August 28, 2023. The company held $113.3 million in cash and equivalents as of June 30, 2023. MUSA shares closed lower by 1.01% at $314.33 on Thursday.

Portfolio Pulse from Shivani Kumaresan

August 18, 2023 | 9:56 am

MUSA

Murphy USA has announced a 2.6% increase in its dividend from $0.38 to $0.39 per share, payable on September 7, 2023, to stockholders of record as of August 28, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:32 pm

AWI

JCI

Armstrong World Indus (NYSE:AWI) will issue a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 1.38%. The company has shown an upward trend in both dividend per share and earnings per share from 2019 to 2022. Johnson Controls Intl (NYSE:JCI) has the highest annualized dividend yield at 2.50% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:05 pm

FELE

SWK

Franklin Electric (NASDAQ:FELE) will distribute a dividend payout of $0.23 per share, translating to an annualized dividend yield of 0.85%. The company has shown an upward trajectory in dividend per share and earnings per share from 2019 to 2022, indicating a healthy financial status. Stanley Black & Decker (NYSE:SWK) has the highest annualized dividend yield at 3.54% among industry peers.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:05 pm

SSBI

UBFO

Summit State Bank (NASDAQ:SSBI) is distributing a dividend of $0.12 per share, translating to an annualized dividend yield of 2.77%. The company has shown a notable growth in its dividend per share from $0.44 to $0.48 during 2019 to 2022. The earnings per share also increased from $0.85 in 2019 to $2.40 in 2022. United Security (NASDAQ:UBFO) has the highest annualized dividend yield at 6.74% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:05 pm

FBIZ

FISI

First Business Finl Servs (NASDAQ:FBIZ) will issue a dividend payout of $0.23 per share, resulting in an annualized dividend yield of 2.68%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.60 to $0.79. Additionally, the company's earnings per share have also increased from $2.47 to $4.57 during the same period. Financial Institutions (NASDAQ:FISI) has the highest annualized dividend yield at 6.62% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:05 pm

AB

FSK

AllianceBernstein Holding (NYSE:AB) is set to distribute a dividend payout of $0.61 per share, resulting in an annualized dividend yield of 7.22%. The company has seen an increase in dividend per share from $2.32 in 2019 to $3.54 in 2022, and a similar increase in earnings per share. FS KKR Capital (NYSE:FSK) has the highest annualized dividend yield at 13.94% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 3:05 pm

BGH

Barings Global Short (NYSE:BGH) has announced a monthly dividend of 10.56 cents per share. The stock will go ex-dividend on Tuesday, meaning it will likely open 10.56 cents lower. Shareholders who own BGH as of the end of Monday's session are eligible to receive the dividend, which will be paid out on September 01, 2023.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 2:45 pm

MFC

Manulife Financial (NYSE:MFC) has announced a quarterly dividend of 36.5 cents per share. To be eligible for this dividend, shareholders must own the stock before the ex-dividend date, which is Tuesday. The dividend will be paid out on September 19, 2023.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 2:45 pm