Streetbeat News

Dividends

NXRT

NexPoint Residential Trust has announced an increase in its quarterly dividend from $0.4624 to $0.51 per share.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 12:19 pm

DHI

D.R. Horton has announced an increase in its quarterly dividend from $0.30 to $0.40 per share, reflecting confidence in its financial health and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:36 am

HSBC

HSBC reaffirms its 2024 financial guidance, maintaining targets for net interest income, return on tangible equity, and capital ratios. The bank plans to manage its CET1 capital ratio within 14% to 14.5% and aims for a 50% dividend payout ratio. HSBC is also progressing with the sale of its Argentina business.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:33 am

CVI

CVR Energy has announced it will not pay a cash dividend for Q3 2024 due to concerns about the current margin environment and a planned turnaround at its Coffeyville refinery in early 2025.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:56 pm

VFC

VF Corp reported Q2 earnings with revenue and EPS beating estimates. Despite a 6% YoY revenue decline, the company is on track with cost reductions and debt reduction. Q3 revenue guidance is below estimates, but the company maintains its full-year cash flow outlook. Shares rose 16.85% in after-hours trading.

Portfolio Pulse from Adam Eckert

October 28, 2024 | 8:54 pm

AESI

Atlas Energy Solutions has increased its dividend from $0.15 to $0.24 per share and authorized a $200 million share buyback program.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:29 pm

ET

Energy Transfer LP has announced an increase in its quarterly cash distribution to $0.3225 per unit, marking a 3.2% rise compared to the previous year. This distribution will be paid on November 19, 2024, to unitholders of record as of November 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:27 pm

HESM

Hess Midstream has increased its quarterly cash distribution from $0.6677 to $0.6846 per Class A share, driven by excess free cash flow and a recent $100 million unit repurchase. This reflects an over 10% annualized growth expected in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:23 pm

HESM

Hess Midstream LP announced an increase in its quarterly cash distribution per Class A share to $0.6846, up from $0.6677. This increase is supported by excess adjusted free cash flow and follows a $100 million unit repurchase.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:22 pm

RSP

SPY

Goldman Sachs predicts a 'lost decade' for the S&P 500 with only 3% annual returns, citing market concentration. Bank of America and Ed Yardeni counter this view, suggesting dividends and equal-weighted stocks could offer better returns. Yardeni forecasts a potential 'Roaring 2020s' with 11% annual returns.

Portfolio Pulse from Piero Cingari

October 28, 2024 | 4:39 pm