Streetbeat News

Dividends

HASI

HA Sustainable Infrastructure Capital is recommended as a strong buy for income investors due to its growing dividend and diversified revenue streams from solar, wind, and natural gas. The transition to a C-corp in 2024 will allow for reinvestment of earnings and growth opportunities, despite near-term debt risks and potential competition from nuclear power.

Portfolio Pulse from

November 08, 2024 | 10:30 am

KIM

Kimco Realty's Q3 funds from operations exceeded expectations, reaching $0.43 per share. A $0.01 dividend hike is anticipated next quarter, potentially increasing the yield to 4.1%. The trust's focus on grocery-anchored shopping centers in major metro markets supports steady rental income growth.

Portfolio Pulse from

November 08, 2024 | 10:30 am

ABBV

The article discusses two Dividend Kings that have shown strong growth and dividend payouts, potentially doubling investors' money over five years. These stocks are highlighted for their solid growth prospects and dividend payments.

Portfolio Pulse from

November 08, 2024 | 10:15 am

CIM

Chimera Investment is showing signs of a potential turnaround with positive financial metrics in Q3, despite earnings not covering the dividend. Recent acquisitions and leadership changes indicate progress, but integration risks persist.

Portfolio Pulse from

November 08, 2024 | 10:15 am

AWK

The article highlights three stocks as attractive dividend growth opportunities for November. These stocks are expected to appeal to investors seeking dividend growth.

Portfolio Pulse from

November 08, 2024 | 10:00 am

POR

Portland General Electric (PGE) is poised to benefit from Oregon's tech industry growth and the state's renewable energy mandate. Trading at a discount and offering a 4.24% dividend yield, PGE presents a strong income and growth opportunity with potential double-digit returns. A Buy rating is maintained with a near-term target of $51–$53.

Portfolio Pulse from

November 08, 2024 | 9:45 am

WBA

Walgreens has experienced a 57% stock decline, a dividend cut, and poor reinvestment opportunities, indicating potential further challenges. High debt levels and drastically reduced free cash flow suggest another dividend cut is likely, despite a capital allocation plan focused on debt reduction and reinvestment.

Portfolio Pulse from

November 08, 2024 | 9:00 am

DKL

Delek Logistics Partners, LP has been upgraded to a potential buy with a target price of $40-$44. Despite a 17.84% drop in share price over the past year, positive momentum and insider buying are noted. The company offers a high dividend yield of 11%, but the payout ratio of 145% raises sustainability concerns.

Portfolio Pulse from

November 08, 2024 | 8:30 am

DKL

Delek Logistics Partners, LP reported a strong Q3 performance with a record $107M in quarterly adjusted EBITDA, marking an 8.5% YoY increase. The company has achieved 47 consecutive quarterly dividend increases and is focused on operational efficiency and strategic acquisitions.

Portfolio Pulse from

November 08, 2024 | 6:00 am

ECO

Okeanis Eco Tankers Corp. announced a dividend on its common shares, classified as a return of capital for accounting purposes.

Portfolio Pulse from

November 08, 2024 | 5:15 am