Streetbeat News

Dividends

THQ

Tekla Healthcare Opps (NYSE:THQ) announced it will pay a monthly dividend of 11.25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders owning THQ as of the end of Tuesday's session are eligible for the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:46 pm

GIM

Templeton Global Income (NYSE:GIM) has announced a monthly dividend of 3.06 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 3.06 cents lower to reflect the payout. Shareholders who own GIM as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:46 pm

FTF

Franklin Limited Duration (AMEX:FTF) has announced a monthly dividend of 5.9 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 5.9 cents lower. Shareholders who own FTF as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:45 pm

FT

Franklin Universal Trust (NYSE:FT) has announced a monthly dividend of 4.25 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 4.25 cents lower to reflect the payout. Shareholders owning FT by the end of Tuesday's session are eligible for the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:45 pm

TEI

Templeton Emerging Mkt (NYSE:TEI) has announced a monthly dividend of 4.75 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 4.75 cents lower to reflect the payout. Shareholders who own TEI as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:45 pm

REPX

Riley Exploration Permian (AMEX:REPX) has announced a quarterly dividend of 34 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 34 cents lower. 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 03, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:45 pm

EDI

Virtus Stone Harbor (NYSE:EDI) has announced a monthly dividend of 7 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 7 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on July 28, 2023.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:45 pm

SJM

J.M. Smucker Co (NYSE: SJM) has announced a 4% increase in its quarterly dividend from $1.02 to $1.06 per share, marking the 22nd consecutive year of dividend growth. The company reported a 10% Y/Y sales growth in Q4 FY23, beating analyst expectations. However, it also reported an operating loss of $633.5 million for the same period.

Portfolio Pulse from Shivani Kumaresan

July 14, 2023 | 2:23 pm

STT

State Street Corporation (NYSE:STT) reported Q2 revenues of $3.11 billion, up 5% Y/Y, missing the consensus estimate of $3.14 billion. EPS of $2.17 beat the consensus estimate of $2.10. Net interest income rose 18% Y/Y to $691 million. The company also announced plans to increase its common stock dividend by 10% and continue its common share repurchase authorization of up to $4.5 billion during 2023. STT shares are trading lower by 3.90% at $74.44.

Portfolio Pulse from Nabaparna Bhattacharya

July 14, 2023 | 1:52 pm

CSCO

ERIC

IBM

The most accurate Wall Street analysts have given their ratings on three high-dividend yielding tech stocks: International Business Machines Corporation (IBM), Telefonaktiebolaget LM Ericsson (ERIC), and Cisco Systems, Inc. (CSCO). IBM is considering using in-house AI chips to reduce cloud computing service costs. ERIC reported a loss for Q2. CSCO intends to acquire Accedian.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 1:05 pm