Streetbeat News

Dividends

ENLC

EnLink Midstream (NYSE:ENLC) has announced a quarterly dividend of 12.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 12.5 cents lower. Shareholders who own ENLC as of the end of Wednesday's session will be eligible for the dividend, which will be paid out on August 11, 2023.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

OSBC

Old Second Bancorp (NASDAQ:OSBC) announced it will pay a quarterly dividend of 5 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 5 cents lower. Shareholders owning the stock by the end of Wednesday's session will be eligible for the dividend, which will be paid out on August 07, 2023.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

OVBC

Ohio Valley Banc (NASDAQ:OVBC) has announced a quarterly dividend of 22 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 22 cents lower. Shareholders who own OVBC as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 10, 2023.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

UNB

Union Bankshares (NASDAQ:UNB) has announced a quarterly dividend of 36 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 36 cents lower to reflect the payout. Shareholders who own UNB as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on August 03, 2023.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:45 pm

AFCG

REFI

SEVN

SOHO

TCI

Benzinga Insights has identified several value stocks in the real estate sector, including Sotherly Hotels (SOHO), Transcontinental Realty (TCI), AFC Gamma (AFCG), Seven Hills Realty Trust (SEVN), and Chicago Atlantic Real (REFI). These companies have low P/E multiples, indicating they may be undervalued. However, the risk with value stocks is that they may not rebound from their undervalued position.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:39 pm

MCK

McKesson Corporation has announced an increase in its quarterly dividend from $0.54 to $0.62 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:09 pm

BGS

TSN

WBA

The most accurate Wall Street analysts have recommended holding three high-dividend yield stocks in the consumer staples sector: Tyson Foods, Inc. (TSN), Walgreens Boots Alliance, Inc. (WBA), and B&G Foods, Inc. (BGS). Recent news for these companies includes Tyson Foods' plan to cut corporate jobs and senior leadership positions, Walgreens Boots Alliance's lowered FY23 guidance, and B&G Foods' upbeat Q1 earnings.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 11:31 am

DPZ

Domino's Pizza Inc (NYSE:DPZ) reported a Q2 FY23 sales decline of 3.8% YoY to $1.02 billion, missing the analyst consensus of $1.07 billion. The decrease was due to lower supply chain revenues and order volumes. However, global retail sales increased 5.8% excluding foreign currency impact. The company also reported global net store growth of 197 stores and an EPS of $3.08, beating the analyst consensus of $3.05. The company's Board declared a $1.21 per share quarterly dividend. DPZ shares are trading lower by 4.52% at $368.00 in premarket.

Portfolio Pulse from Shivani Kumaresan

July 24, 2023 | 11:14 am

AXP

American Express Company (NYSE:AXP) reported better-than-expected Q2 earnings, but shares fell due to higher provisions for credit losses. The company's dividend yield is currently 1.36%. To earn $500 per month from AXP's dividends, an investment of around $441,176.47, or about 2,575 shares, is needed. However, the deteriorating consumer financial health in the U.S. could impact the company's performance.

Portfolio Pulse from AJ Fabino

July 21, 2023 | 7:03 pm

CTVA

Corteva, Inc. (NYSE:CTVA) has announced a 7% increase in its common stock dividend to $0.16 per share, payable on September 15, 2023. This is the company's third dividend increase since its 2019 spin-off, reflecting its focus on margin expansion, sustainable long-term growth, and returning capital to shareholders.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 6:22 pm