Streetbeat News

Dividends

NDSN

Nordson Corporation (NASDAQ:NDSN) has announced a 5% increase in its quarterly cash dividend from $0.65 to $0.68 per share, payable on September 5, 2023. This marks the company's 60th consecutive year of annual dividend increases.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:37 pm

LAZ

LNC

OMF

The most accurate Wall Street analysts have recommended holding three high-yielding financial stocks: Lazard Ltd (LAZ), Lincoln National Corporation (LNC), and OneMain Holdings, Inc. (OMF). These stocks have dividend yields of 5.90%, 6.51%, and 8.88% respectively. Lazard and Lincoln National recently reported better-than-expected Q2 results, while OneMain Holdings posted weaker-than-expected earnings for the same period.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 12:36 pm

KRT

Karat Packaging Inc. (NASDAQ:KRT) has declared a special cash dividend of $0.40 per share and approved a quarterly cash dividend policy with a declared quarterly cash dividend of $0.10 per share. Both dividends will be payable on August 31, 2023, to shareholders of record at the close of business on August 23, 2023. The amount of future quarterly cash dividends will be at the discretion of the Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:19 pm

REFI

Chicago Atlantic Real Estate Finance (REFI) has reaffirmed its guidance for 2023, expecting to maintain a dividend payout ratio of 90% to 100% based on Distributable Earnings per weighted average diluted share. The regular quarterly common dividend is expected to be a minimum of $0.47 per share. If additional dividends are required to meet 2023 taxable income distribution requirements, the company plans to meet this with a special dividend in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:14 pm

NVEI

Nuvei Corp has announced a quarterly cash dividend of $0.10 per share, payable on September 5, 2023 to shareholders of record as of August 21, 2023. The total dividend payout is expected to be around $15 million, funded from the company's existing cash reserves.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:20 am

CSTE

Caesarstone has announced that it will not pay a dividend for Q2 due to its reported net loss attributable to controlling interest for the period.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:16 am

TFPM

Triple Flag Precious Metals Corp. (TFPM) has announced an increase in its Q3 dividend from $0.05 to $0.0525 per share. The dividend will be paid on September 15, 2023, to shareholders of record as of August 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:52 pm

YELL

The article suggests that stockholders of YELL will receive a payout if there isn't the emergence of significant unsecured.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 7:42 pm

QSR

Restaurant Brands International Inc (NYSE:QSR) reported Q2 FY23 sales growth of 8.3% YoY to $1.77 billion, beating the analyst consensus estimate of $1.74 billion. Consolidated comparable sales increased 9.6%, and net restaurants grew 4.1% versus the prior year. System-wide sales increased 14%. The company's Board of Directors has declared a dividend of $0.55 per common share. However, QSR shares traded lower by 0.52% at $74.16 on the last check Tuesday.

Portfolio Pulse from Shivani Kumaresan

August 08, 2023 | 7:03 pm

BR

Broadridge Financial Solutions Inc (NYSE:BR) reported a Q4 FY23 revenue growth of 7% to $1.84 billion, missing the consensus of $1.89 billion. Recurring revenues and Distribution revenues increased by 7% and 9% respectively. Adjusted EPS of $3.21 beat the consensus of $3.10. The company's Board of Directors declared a quarterly dividend per share of $0.80, reflecting an annual dividend per share increase of 10% to $3.20 from $2.90. For FY24, Broadridge expects adjusted recurring revenue growth of 6% - 9%, and adjusted EPS growth of 8% - 12% Y/Y. BR shares are trading higher by 4.86% at $174.23.

Portfolio Pulse from Lekha Gupta

August 08, 2023 | 3:28 pm