Streetbeat News

Dividends

USAC

USA Compression Partners (NYSE:USAC) has announced a quarterly dividend of 52.5 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own USAC as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 04, 2023.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:46 pm

SGU

Star Group (NYSE:SGU) has announced a quarterly dividend of 16.25 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 16.25 cents lower. Shareholders who own SGU as of the end of Thursday's session are eligible to receive the dividend payout. The dividend will be paid out to shareholders on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:46 pm

GLBZ

Glen Burnie Bancorp (NASDAQ:GLBZ) has announced a quarterly dividend of 10 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 10 cents lower to reflect the payout. Shareholders who own GLBZ as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on August 07, 2023.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

AIF

Apollo Tactical Income (NYSE:AIF) has announced a monthly dividend of 12.2 cents per share. To be eligible for the dividend, shareholders must own the stock before the ex-dividend date, which is this Friday. The dividend will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

AFT

Apollo Senior Floating (NYSE:AFT) has announced a monthly dividend of 12.6 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own AFT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:45 pm

ARW

CSIQ

MKTW

MNDO

NOK

The article identifies five value stocks in the technology sector, namely Nokia (NOK), MIND C.T.I. (MNDO), Marketwise (MKTW), Canadian Solar (CSIQ), and Arrow Electronics (ARW). These stocks are considered undervalued based on their low price-to-earnings (P/E) multiples. The article also provides Q1 earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 2:41 pm

BK

Bank Of New York Mellon Corporation (NYSE:BK) reported a Q2 total revenue increase of 5% YoY to $4.45 billion, beating the consensus of $4.37 billion. Net interest revenue increased 33% YoY due to higher interest rates. However, AUM declined by 2% due to lower market values and the divestiture of Alcentra. The company also raised its dividend by 13.5% to $0.42 per share. Despite the positive earnings report, BK shares are trading lower by 0.55% in premarket trading.

Portfolio Pulse from Akanksha Bakshi

July 18, 2023 | 12:48 pm

GMRE

SBRA

SLG

Three high-yielding dividend stocks in the real estate sector have been highlighted by Wall Street's most accurate analysts. These include SL Green Realty Corp. (SLG), Sabra Health Care REIT, Inc. (SBRA), and Global Medical REIT Inc. (GMRE). SLG recently sold its 49.9% stake in the 245 Park Avenue property at a $2 billion valuation. SBRA posted better-than-expected quarterly sales, while GMRE reported downbeat first-quarter sales.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 12:39 pm

PNC

PNC Financial Services Group's Q2 revenues increased 3.5% Y/Y to $5.293 billion, missing the consensus of $5.450 billion. However, EPS of $3.36 came above the consensus of $3.28. Net interest income increased by 15% to $3.5 billion. Average deposits decreased by $20.8 billion Y/Y. The company raised the quarterly cash dividend on common stock to $1.55 per share. PNC shares are trading lower by 3.22% at $123.07 in the premarket session.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2023 | 12:30 pm

MBWM

Mercantile Bank Corporation (NASDAQ:MBWM) has announced a 3% YoY increase in its Q2 dividend to $0.34 per common share, payable on September 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 9:04 am