Streetbeat News

Dividends

HCC

Warrior Met Coal (NYSE:HCC) has announced a quarterly dividend of 7 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 7 cents lower. Shareholders who own HCC as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 14, 2023.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:16 am

CQP

Cheniere Energy Partners (AMEX:CQP) has announced a quarterly dividend of 77.5 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own CQP as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 14, 2023.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:16 am

SJW

SJW Gr (NYSE:SJW) has announced a quarterly dividend of 38 cents per share, payable on September 01, 2023. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:16 am

BBW

CAAS

DBGI

LZB

TOL

The article identifies five value stocks in the consumer cyclical sector based on their low P/E multiples. These include China Automotive Systems (CAAS), Build-A-Bear Workshop (BBW), La-Z-Boy (LZB), Toll Brothers (TOL), and Digital Brands Group (DBGI). The article also provides recent earnings per share and dividend yield data for these companies.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:16 am

ASX

IMOS

NOK

OCC

Benzinga Insights has identified several value stocks in the technology sector that may be worth watching, including Nokia (NYSE:NOK), ChipMOS TECHNOLOGIES (NASDAQ:IMOS), Daqo New Energy (NYSE:DQ), Optical Cable (NASDAQ:OCC), and ASE Tech Holding Co (NYSE:ASX). These companies have shown increases in earnings per share and dividend yields, indicating potential undervaluation.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:15 am

BLMN

Bloomin' Brands reported Q2 FY23 sales growth of 2.4% YoY to $1.153 billion, in line with consensus. Adjusted EPS of $0.74 beat the analyst consensus of $0.63. The company reaffirmed its FY23 guidance and declared a quarterly cash dividend of $0.24 per share. Despite the positive results, BLMN shares are trading lower by 5.4%.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 9:10 am

BP plc (NYSE:BP) reported Q2 FY23 sales and revenues of $48.54 billion, a 28.5% decline YoY, missing the consensus of $54.48 billion. Production was down 2.2% YoY. The company's underlying RC profit per ADS was $0.89, missing the consensus of $1.21. However, BP raised its dividend by 10% and completed $2.1 billion of share buybacks. The company expects both reported and underlying upstream production to be higher compared with 2022.

Portfolio Pulse from Akanksha Bakshi

August 04, 2023 | 8:07 am

CVII

UK-based CorpAcq Holdings Limited is set to go public through a business combination with Churchill Capital Corp VII (NYSE:CVII), a special purpose acquisition company. The transaction values CorpAcq at approximately $1.58 billion and is expected to provide CorpAcq with up to $592 million in cash held in Churchill VII's trust account. The combined company will operate as CorpAcq and intends to list on the New York Stock Exchange. CorpAcq also plans to initiate a dividend policy from closing, supported by free cash flow from current operations.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:59 pm

LDOS

Leidos Holdings, Inc. (NYSE:LDOS) reported Q2 FY23 revenue growth of 6.7% YoY to $3.838 billion, beating the consensus of $3.726 billion. Adjusted EPS was $1.80, up 13% YoY, beating the consensus of $1.55. The company raised its FY23 revenue guidance to $14.9 billion-$15.2 billion. The Leidos Board of Directors declared a cash dividend of $0.36 per share to be paid on September 29, 2023.

Portfolio Pulse from Nabaparna Bhattacharya

August 01, 2023 | 1:43 pm

BNL

DOC

GMRE

Three real estate stocks with over 6% dividend yields have been highlighted by Wall Street's most accurate analysts. These include Global Medical REIT Inc. (GMRE) with a dividend yield of 8.48%, Broadstone Net Lease, Inc. (BNL) with a yield of 6.87%, and Physicians Realty Trust (DOC) with a yield of 6.24%. Recent news for these companies include downbeat Q1 sales for GMRE, better-than-expected Q1 sales for BNL, and a Q1 revenue increase for DOC.

Portfolio Pulse from Lisa Levin

August 01, 2023 | 1:20 pm