Streetbeat News

Dividends

PZZA

Papa Johns has announced an increase in its dividend from $0.42 to $0.46 per share.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:57 pm

HWKN

Hawkins, Inc. (NASDAQ:HWKN) has increased its quarterly cash dividend for the second time in 2023 to $0.16 per share, payable on September 1, 2023. The company has consistently paid out a dividend since 1985 and has increased the dividend by 14% in 2023.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:27 pm

TRNO

Terreno Realty Corporation (NYSE:TRNO) has increased its quarterly dividend from $0.40 to $0.45 per share, a 12.5% increase. The dividend will be payable on October 13, 2023 to common stockholders of record at the close of business on September 29, 2023. The company also filed its quarterly report on Form 10-Q for the quarter ended June 30, 2023 with the U.S. Securities and Exchange Commission.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:27 pm

DVN

Despite a historic plunge in U.S. crude inventories, oil prices fell by 3.4% due to broader market turmoil triggered by Fitch's downgrade of the U.S. government's top credit rating. Shares of Devon Energy Corp (NYSE:DVN) sank more than 7%, but the company's generous dividend yield of 9.10% makes it attractive for income investors. An investment of about $65,934 in Devon Energy would translate into a $500 dividend payout each month.

Portfolio Pulse from AJ Fabino

August 04, 2023 | 12:22 pm

CDW

CDW Corp reported a Q2 FY23 net sales decline of 8.5% Y/Y to $5.63 billion, beating the consensus of $5.40 billion. Gross margin expanded to 21.0% from 19.0% a year ago, aided by higher product margin on the lower mix in notebooks, increased rate across various categories, and a favorable mix of netted down revenue. Non-GAAP EPS of $2.56 beat the consensus of $2.35. CDW declared a quarterly cash dividend per share of $0.59. CDW shares are trading higher by 6.66% at $199.80.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 11:42 am

WING

Wingstop Inc reported Q2 FY23 sales growth of 27.9% YoY to $107.17 million, beating the analyst consensus. System-wide sales increased 27.8% YoY, with domestic same-store sales up 16.8%. Digital sales accounted for 65.2% of total sales. The company's board approved a 15% increase in quarterly dividends to $0.22 per share. Wingstop also raised its FY23 domestic same-store sales growth outlook to 10%-12%.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 11:31 am

CIVB

Civista Bancshares (NASDAQ:CIVB) has announced a quarterly dividend of 16 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own CIVB as of the end of Friday's session are eligible to receive the dividend, which will be paid out on August 22, 2023.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:31 am

NMM

Navios Maritime Partners (NYSE:NMM) has announced a quarterly dividend of 5 cents per share. The ex-dividend date is Monday, meaning the stock will likely trade lower to reflect the payout. Shareholders who own NMM as of the end of Friday's session are eligible to receive the dividend, which will be paid out on August 11, 2023.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:31 am

BKR

Baker Hughes (NASDAQ:BKR) has announced a quarterly dividend of 20 cents per share. The ex-dividend date is Monday, meaning the stock will likely open 20 cents lower to reflect the payout. Shareholders who own BKR as of the end of Friday's session are eligible to receive the dividend, which will be paid out on August 18, 2023.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:30 am

NATI

National Instruments (NASDAQ:NATI) has announced a quarterly dividend of 28 cents per share. The ex-dividend date is Monday, meaning the stock will likely open 28 cents lower to reflect the payout. Shareholders who own NATI as of the end of Friday's session are eligible to receive the dividend, which will be paid out on August 29, 2023.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:30 am