Streetbeat News

Dividends

JBT

John Bean Techs (NYSE:JBT) has announced a quarterly dividend of 10 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 10 cents lower. Shareholders who own JBT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 05, 2023.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 2:45 pm

CHS

DHI

MDC

MED

OXM

Benzinga Insights has identified five value stocks in the consumer cyclical sector that may be worth watching: D.R. Horton (DHI), Chico's FAS (CHS), M.D.C. Holdings (MDC), Medifast (MED), and Oxford Industries (OXM). The selection is based on the price-to-earnings (P/E) multiple, a common indicator of undervalued stocks. The companies have shown varying performance in terms of earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 2:43 pm

BELFB

MNDO

PAGS

VSH

The article discusses value stocks in the technology sector, highlighting five companies: Bel Fuse, PagSeguro Digital, MIND C.T.I., Daqo New Energy, and Vishay Intertechnology. These companies have lower stock prices compared to others in the same industry, indicating potential undervaluation. The article also provides updates on each company's earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 2:41 pm

SMG

SXC

Three materials stocks with over 4% dividend yields have been highlighted by Wall Street's most accurate analysts. These include International Paper Company (IP), The Scotts Miracle-Gro Company (SMG), and SunCoke Energy, Inc. (SXC). Recent analyst ratings and price targets for these stocks have been provided, along with their recent financial performance.

Portfolio Pulse from Lisa Levin

August 15, 2023 | 1:00 pm

MPW

RBC Capital Markets analyst Michael Carroll has lowered the price target for Medical Properties Trust Inc (MPW) from $12 to $10 and added a Speculative Risk qualifier to the Outperform rating. This follows MPW's Q2 FY23 results, which missed estimates. Carroll also expects a 35% dividend cut to $0.75 per share and a $60 million rent cut in Q1 FY24. He believes MPW can address its liquidity issues by improving collections and will need to address $1.4 billion in debt maturities in Q1 2025.

Portfolio Pulse from Lekha Gupta

August 14, 2023 | 6:29 pm

NBTB

NBT Bancorp Inc (NASDAQ:NBTB) has completed its merger with Salisbury Bancorp, Inc. and raised its Q3 2023 dividend per share by 6.7% to $0.32. The merger has added 13 banking offices to NBTB's franchise, expanding its footprint to 153 offices across seven states. Richard J. Cantele, Jr., former President and CEO of Salisbury, has been appointed to NBTB's board of directors and will join the Executive Management Team. NBTB's Q2 adjusted EPS was $0.80, beating the consensus of $0.76, but sales of $121.13 million missed the consensus of $126.11 million.

Portfolio Pulse from Lekha Gupta

August 14, 2023 | 5:05 pm

HFBL

KFFB

Home Federal Bancorp (NASDAQ:HFBL) is distributing a dividend payout of $0.12 per share, with an annualized dividend yield of 3.40%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.30 to $0.44. The earnings per share also increased from $1.28 in 2019 to $1.54 in 2022. Kentucky First Federal (NASDAQ:KFFB) has the highest annualized dividend yield in the industry at 6.90%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:05 pm

CEQP

TRMD

Crestwood Equity Partners (NYSE:CEQP) will distribute a dividend payout of $0.66 per share, translating to an annualized dividend yield of 9.19%. The company has seen a growth in its dividend per share from $2.40 to $2.59 from 2019 to 2022. However, its earnings per share have declined from $0.49 in 2019 to $0.25 in 2022, raising concerns about the sustainability of its dividend payouts. TORM (NASDAQ:TRMD) has the highest annualized dividend yield at 22.24% among its industry peers.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:05 pm

HOPE

NWBI

Northwest Bancshares (NASDAQ:NWBI) will pay a dividend of $0.20 per share on August 14, 2023, yielding 6.83% annually. The company has consistently increased its dividend per share from $0.72 in 2019 to $0.80 in 2022. However, its earnings per share decreased from $1.07 in 2019 to $1.03 in 2022. Northwest Bancshares leads its industry peers in terms of dividend yield, with Hope Bancorp (NASDAQ:HOPE) having the highest yield at 5.40%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:05 pm

BSRR

FISI

Sierra (NASDAQ:BSRR) is set to distribute a dividend payout of $0.23 per share on August 14, 2023, equating to an annualized dividend yield of 5.01%. The company has shown a positive financial trend with an increase in both dividend per share and earnings per share from 2019 to 2022. Financial Institutions (NASDAQ:FISI) has the highest annualized dividend yield at 6.20% among Sierra's industry peers.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:05 pm