Streetbeat News

Dividends

RCI

Rogers Communications, Inc. has announced a quarterly dividend of 50 cents per share, payable on October 3, 2023, to shareholders of record on September 8, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 11:13 am

MPX

Marine Products Corporation (NYSE:MPX) has declared a quarterly cash dividend of $0.14 per share, payable on September 11, 2023, to common stockholders of record at the close of business on August 10, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:51 am

PB

Prosperity Bancshares, Inc. (NYSE:PB) has declared a Q3 cash dividend of $0.55 per share, payable on October 2, 2023, to all shareholders of record as of September 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:36 am

CPG

Crescent Point Energy has declared a special cash dividend of CDN $0.035 per share, based on its Q2 2023 financial results. The dividend will be paid on August 15, 2023, to shareholders of record on August 8, 2023. Additionally, a quarterly cash base dividend of CDN $0.10 per share will be paid on October 2, 2023, to shareholders of record on September 15, 2023. These dividends are considered 'eligible dividends' for Canadian tax purposes and 'qualified dividends' for U.S. tax purposes.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:36 am

LAD

Lithia Motors Inc (NYSE:LAD) reported Q2 FY23 sales growth of 12% YoY to $8.11 billion, beating the analyst consensus of $7.92 billion. New vehicle retail revenues increased 23.5% YoY, while used vehicle retail revenues fell 1.7%. The company's Board of Directors approved a dividend of $0.50 per share. LAD shares closed lower by 0.96% at $292.37 on Tuesday.

Portfolio Pulse from Shivani Kumaresan

July 26, 2023 | 10:28 am

WFC

Wells Fargo has announced a raise in its quarterly dividend and a $30 billion stock repurchase program, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 10:06 am

DB

Deutsche Bank AG (NYSE:DB) reported Q2 2023 revenue growth of 11% Y/Y to €7.41 billion. The bank expects share repurchases and dividends of over €1 billion in 2023. However, DB shares are trading lower by 1.81% at $11.40 premarket on the last check Wednesday.

Portfolio Pulse from Lekha Gupta

July 26, 2023 | 9:33 am

EQNR

Equinor has declared an ordinary cash dividend of $0.30 per share and an extraordinary cash dividend of $0.60 per share for Q2. The payment date is set for 28 November 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 5:23 am

WFC

Wells Fargo & Co (NYSE:WFC) shares are trading higher after the bank announced a 16.67% increase in its quarterly dividend to 35 cents per share and a new $30 billion stock repurchase program. The dividend will be payable on Sept. 1 to shareholders of record on Aug. 4. The bank's CEO, Charlie Scharf, stated that despite significant investments, the bank's capital levels remain strong, allowing for the return of excess capital to shareholders.

Portfolio Pulse from Adam Eckert

July 25, 2023 | 9:14 pm

WFC

Wells Fargo has announced a raise in its quarterly dividend and a $30 billion stock repurchase program, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:55 pm