Streetbeat News

Dividends

SRCE

1st Source (NASDAQ:SRCE) has announced a quarterly dividend of 32 cents per share, which will be paid out to shareholders on August 11, 2023. The stock will go ex-dividend on Monday, meaning it will likely open 32 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:45 pm

SPH

Suburban Propane Partners (NYSE:SPH) has announced a quarterly dividend of 32.5 cents per share. The stock will go ex-dividend on Monday, 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 08, 2023.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:45 pm

TMP

Tompkins Finl (AMEX:TMP) has announced a quarterly dividend of 60 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders who own TMP as of the end of Friday's session are eligible to receive the dividend, which will be paid out on August 12, 2023.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:45 pm

GSL

NAT

NETI

PANL

UUU

Benzinga Insights has identified five value stocks in the industrials sector based on quantified analysis. These include Eneti (NYSE:NETI), Nordic American Tankers (NYSE:NAT), Universal Security (AMEX:UUU), Pangaea Logistics Solns (NASDAQ:PANL), and Global Ship Lease (NYSE:GSL). The companies have shown varying performance in terms of earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:41 pm

UNP

Union Pacific Corp (NYSE:UNP) reported a 5% YoY decline in Q2 FY23 operating revenue to $5.96 billion, missing the consensus of $6.12 billion. Factors such as softening consumer markets, inflation, labor expenses, and increased workforce levels impacted the quarter. The company also announced leadership changes and declared a quarterly dividend of $1.30 per share. Despite the missed earnings, UNP shares are trading higher by 11.3%.

Portfolio Pulse from Akanksha Bakshi

July 26, 2023 | 2:14 pm

WFC

Wells Fargo & Co (NYSE:WFC) shares are trading higher after the company raised its quarterly dividend and announced a $30 billion stock repurchase program. The company approved a quarterly common stock dividend of 35 cents per share, a 5 cents per share increase from the previous quarter. The stock repurchase program will be executed based on the company's internal capital adequacy framework, market conditions, potential regulatory capital requirements changes, and other risk factors.

Portfolio Pulse from Henry Khederian

July 26, 2023 | 12:49 pm

TRIN

TRTX

TWO

The most accurate Wall Street analysts have given their ratings for three high-yielding financial stocks: Two Harbors Investment Corp. (TWO), Trinity Capital Inc. (TRIN), and TPG RE Finance Trust, Inc. (TRTX). All three companies have recently seen their price targets cut by various analysts, despite their high dividend yields.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 12:13 pm

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