Streetbeat News

Dividends

EGBN

RBCAA

Republic Bancorp (NASDAQ:RBCAA) will distribute a dividend payout of $0.37 per share, translating to an annualized dividend yield of 3.33%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $1.03 to $1.36. Republic Bancorp's earnings per share also rose from $3.93 to $4.43 during the same period. The company's dividend yield is in the middle range compared to its industry peers, with Eagle Bancorp (NASDAQ:EGBN) having the highest annualized dividend yield at 7.03%.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 3:05 pm

PSEC

Prospect Capital (NASDAQ:PSEC) has announced that it will pay shareholders a monthly dividend of 6 cents per share. The stock will go ex-dividend on Wednesday, meaning the stock will likely open 6 cents lower. Shareholders who own PSEC as of the end of Tuesday's session are eligible to receive the dividend payout. The dividend will be paid out to shareholders on August 22, 2023.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:45 pm

MMC

Marsh & McLennan (NYSE:MMC) announced a quarterly dividend of 71 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 71 cents lower. Shareholders owning MMC by the end of Tuesday's session will be eligible for the dividend, which will be paid out on August 15, 2023.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:45 pm

FAST

Fastenal (NASDAQ:FAST) has announced a quarterly dividend of 35 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 35 cents lower to reflect the payout. Shareholders who own FAST as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on August 24, 2023.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:45 pm

ATR

AptarGroup (NYSE:ATR) has announced a quarterly dividend of 41 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 41 cents lower to reflect the payout. Shareholders who own ATR as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on August 17, 2023.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:45 pm

KNOP

KNOT Offshore Partners (NYSE:KNOP) has announced a quarterly dividend of 2.6 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders who own KNOP as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on August 10, 2023.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:45 pm

ACI

CALM

HLF

SENEA

UNFI

The article provides an overview of value stocks in the consumer defensive sector, highlighting five companies: United Natural Foods, Herbalife, Albertsons Companies, Cal-Maine Foods, and Seneca Foods. The companies are considered undervalued based on their low P/E multiples. The article also provides updates on each company's recent earnings per share and dividend yield changes.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:40 pm

METCB

SXC

WLK

The article discusses value stocks in the basic materials sector, highlighting five companies: Westlake (WLK), SunCoke Energy (SXC), ArcelorMittal (MT), Ramaco Resources (METCB), and Celanese (CE). All these companies have low P/E ratios, indicating they may be undervalued. The article also provides Q1 earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:39 pm

HBAN

Huntington Bancshares Inc (NASDAQ:HBAN) reported Q2 revenues of $1.84 billion, in line with consensus. Net interest income rose 7% Y/Y to $1.35 billion. EPS of $0.35 beat the consensus of $0.34. Average loans and leases rose to $121.3 billion from $113.9 billion. Provision for credit losses rose to $92 million from $67 million the prior year. The company declared a dividend of $0.155 per common share. HBAN shares are trading lower by 1.35% at $11.69.

Portfolio Pulse from Lekha Gupta

July 21, 2023 | 2:37 pm

CBRL

VFC

The most accurate Wall Street analysts have recommended holding three high-yielding consumer stocks: Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL), V.F. Corporation (NYSE:VFC), and Foot Locker, Inc. (NYSE:FL). These stocks have dividend yields of 5.32%, 5.87%, and 6.13% respectively. Recent news for these companies include leadership changes and financial results.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 1:13 pm