Streetbeat News

Dividends

FCF

First Commonwealth (NYSE:FCF) has announced a quarterly dividend of 12.5 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 12.5 cents lower to reflect the payout. Shareholders who own FCF as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 18, 2023.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

CFFN

Capitol Federal Finl (NASDAQ:CFFN) announced it will pay a quarterly dividend of 8.5 cents per share. The stock will go ex-dividend on Thursday, 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. The dividend will be paid out on August 18, 2023.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

CAPL

CrossAmerica Partners (NYSE:CAPL) has announced a quarterly dividend of 52.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders who own CAPL as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 11, 2023.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:45 pm

MPLX

MPLX (NYSE:MPLX) has announced a quarterly dividend of 77.5 cents per share, which will be paid out to shareholders on August 14, 2023. To be eligible for this dividend, shareholders must own the stock prior to the ex-dividend date, which is Thursday. The stock will likely open 77.5 cents lower on Thursday to reflect the payout.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:45 pm

ETRN

Equitrans Midstream (NYSE:ETRN) has announced a quarterly dividend of 15 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 15 cents lower. Shareholders who own ETRN as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 14, 2023.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:45 pm

IRS

RC

REFI

RMR

SOHO

The article identifies five value stocks in the real estate sector: Ready Capital (NYSE:RC), Chicago Atlantic Real (NASDAQ:REFI), RMR Gr (NASDAQ:RMR), IRSA Inversiones y (NYSE:IRS), and Sotherly Hotels (NASDAQ:SOHO). These companies are considered undervalued based on their low P/E multiples. The article also provides updates on each company's earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:39 pm

BSVN

Bank7 Corp. (NASDAQ:BSVN) has announced a 31.25% increase in its quarterly cash dividend from $0.16 to $0.21 per common share. This is the fourth consecutive annual increase in BSVN's quarterly cash dividend. The dividend will be paid on October 10, 2023, to shareholders of record as of the close of business on September 26, 2023.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 1:17 pm

DSS

DSS Inc. has announced the distribution date for the previously announced stock dividend of Impact BioMedical Inc. Shareholders of DSS Inc. on record as of July 10, 2023, will receive four shares of Impact BioMedical Inc. for every one share of DSS. The distribution will occur on August 8, 2023. The shares will not be eligible for resale until 180 days from the date Impact BioMedical’s initial public offering becomes effective.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:54 pm

DOW

IFF

SMG

Three materials stocks with over 3% dividend yields have been highlighted by Wall Street's most accurate analysts. These include Dow Inc (DOW) with a dividend yield of 5.03%, International Flavors & Fragrances Inc. (IFF) with a yield of 3.80%, and The Scotts Miracle-Gro Company (SMG) with a yield of 3.74%. Recent news for these companies include a Q2 FY23 sales decline for DOW, projected FY23 sales for IFF, and a Q2 sales decrease for SMG.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 12:42 pm

DAN

Dana Inc (NYSE:DAN) reported Q2 FY23 sales growth of 6.3% YoY to $2.748 billion, slightly above the consensus of $2.74 billion. The increase was driven by higher market demand, cost-recovery actions, and conversion of sales backlog. Adjusted EPS was $0.37, beating the consensus of $0.17. The company raised its FY23 outlook and declared a dividend of $0.10 per share. Dana's shares are trading higher by 0.64% at $18.93.

Portfolio Pulse from Akanksha Bakshi

July 28, 2023 | 4:42 pm